Blocktech Launching Beta of Blockchain-Based Decentralized Library – Alexandria
Blocktech Technology Group said today that it will soon launch the beta of the company’s blockchain-based decentralized library – Alexandria.
Blocktech is building the decentralized library for sharing and preserving art, history and culture. The company said in it newsletter:
What Bitcoin does for money, Λlexandria aims to do for content publishing and distribution by removing central points of failure and creating incentives for users around the world to contribute to it.
Blocktech has been working on ΛLexandria for the better part of a year, and we couldn’t be more excited to share our work with you. As beta testers, your feedback is invaluable in making Λlexandria truly “the people’s library”. In the next couple days, we will begin sharing the Λlexandria client to our beta list. We’ll have downloadable apps for Mac OS X, Windows and Linux.
For its “permanent & public” publishing database and the library’s token, Blocktech chose Florincoin, a blockchain based on both the Bitcoin and Litecoin source code.
For the initial release, users who want to share library content or send media tips will need a Florincoin-QT wallet, according to the company. Apparently, initial syncing with the wallet make take time.
In addition to Florincoin, Blocktech is utilizing Bittorent technology to permit Alexandria to hold a massive amount of content as well as deliver content efficiently when demand is highest.
Blocktech is planning later releases of Alexandria that will include an exchange process where users can start from leading cryptocurrencies.
Blocktech was founded by Devon Read, Ryan Jordan, Amy Oliveira, Ryan Taylor, Alan Tran, Joey Fiscella, Gregor Jeric, Joe Peck, and Nathan Stevens. Read and Jordan are also founders of a startup called Happy Owl Studio, a design shop for high end iPad and MacBook accessories.