GTT selected by Eluvio to expand its next generation utility Blockchain Content Network
GTT’s global Tier 1 network supports streaming of high definition 4K video content to users in hundreds of countries
MCLEAN, Va., Feb. 22, 2023 (GLOBE NEWSWIRE) — GTT Communications, Inc.a leading global provider of managed network and security services to multinational organizations, announced its selection by content blockchain pioneer Eluvia to provide dedicated internet access services to extend the global reach of Eluvio’s content utility blockchain network.
Eluvio Content Fabric is a hyper-efficient blockchain network for tools for owner-controlled storage, distribution and monetization of digital content at scale. Since 2021, Eluvio has exploited GTT’s global Tier 1 IP backbone — ranked among the largest in the industry1 and connect more than 260 cities on six continents – to support Eluvio-owned nodes across its decentralized network architecture. GTT’s strong relationships with local providers around the world provide IP transport to ensure that content distributed from the Eluvio Fabric network reaches end users.
“Our new agreement with GTT helps us deliver premium digital content efficiently and securely via the global GTT Tier 1 IP network, with peering arrangements that allow us to maximize scale and reach,” said Michelle Munson, CEO and co-founder of Eluvio . “GTT offers the capacity and flexibility to meet the bandwidth demands of nodes, allowing us to manage everything from massive blockbuster events to exclusive premium video experiences for content creators and publishers.”
Companies and creators whose video and content blockchain initiatives have been powered by Eluvio include MGM Studios, Sony Pictures, Warner Bros. Home Entertainment, WWE, Fox Entertainment, Globo, Microsoft, Black Eyed Peas, Dolly Parton, Rita Ora and many others.
“GTT’s Tier 1 IP backbone offers the network performance and resiliency Eluvio requires to deliver content globally,” said Ernie Ortega, CEO of GTT. “We are delighted that Eluvio chose GTT as a key partner to support its innovative content blockchain that empowers content owners around the world to reach audiences directly with high-quality video streaming and new Web3 entertainment experiences.”
Eluvio’s new protocol enables content to be delivered directly from the source as on-demand streams, live streams and dynamic sequences without the use of separate transcoding services, content delivery networks (CDNs) or aggregation services, and without making file copies. It provides low-latency, high-quality 4K video publishing, transcoding, packaging, sequencing, dynamic and static distribution, and blockchain versioning and embossing of blockchain assets for all ranges of content experiences. Eluvio enables Web3 native media experiences, allowing publishers and fans to directly enjoy and monetize shows, movies, concerts, digital albums, digital collectibles, interactive and metaverse experiences, and more.
GTT recently announced a 400G upgrade to the global Tier 1 IP network at multiple network layers that includes the core IP backbone and metro extensions, as well as customer service nodes. The upgrade is designed to provide customers with the most advanced Internet networking platform to realize maximum business benefits from managed SD-WAN as well as the full range of enhanced Internet services that GTT offers.
About GTT
GTT is a provider of managed network and security services to global organizations. We design and deliver solutions that utilize advanced cloud, network and security technology. We complement our solutions with a range of professional services and exceptional sales and support teams in local markets around the world. We serve thousands of national and multinational companies with a portfolio that includes SD-WAN, security, Internet, voice and other connectivity options. Our services are uniquely enabled by our top-rated, global, Tier 1 IP backbone, spanning more than 260 cities on six continents. The company culture is built on a customer-first service experience reinforced by our commitment to operational excellence and continuous improvement in our business, environmental, social and governance practices. For more information, visit www.gtt.net.
About Eluvio
Eluvio (https://live.eluv.io) is the content blockchain for the creative economy. Eluvio Content Fabric is a blockchain network tool for owner-controlled storage, distribution and monetization of digital content at scale. It provides live and file-based content publishing, transcoding, packaging, sequencing, and dynamic and static distribution, and blockchain monetization, including coining chain resources for all ranges of content experiences. Examples of companies and creators whose content blockchain initiatives have been powered by Eluvio include MGM Studios, Microsoft, Sony Pictures, Warner Bros. Home Entertainment, WWE, Fox Entertainment, Globo, The Masked Singer, Dolly Parton, Black Eyed Peas, Rita Ora, independent filmmakers and many others. Eluvio is led by Emmy Award-winning technologists, Michelle Munson and Serban Simu, the founders and inventors of Aspera, a pioneer in digital video transport technology, and a core team of innovators. Based in Berkeley, California, Eluvio has received numerous industry awards, including the prestigious Engineering Excellence Award by the Hollywood Professional Association and recognized with 11 issued US patents.
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1 Source: Caida. July 2022.
