PeerStream, Inc. Launches PSP Live on ProximaX Public TestNet
January 24, 2019 at 04:00 pm
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PeerStream, Inc. announced that it has launched the software component of PSP that handles secure and private point-to-point data and text routing. As a result of the launch, this functional component of PSP has been integrated into the ProximaX Limited Sirius platform’s public blockchain testnet for developer access. ProximaX is building a next generation blockchain platform and protocol enhanced with four major functional components: a decentralized database, a decentralized file management system, a consensus layer and a multimedia communications layer. Pursuant to PeerStream’s technology services agreement with ProximaX, PeerStream has agreed to license and integrate PSP as the multimedia communications layer of the final ProximaX Sirius platform, which is expected to launch later in 2019. PeerStream has been building PSP in parallel with the development of the ProximaX Sirius platform by its team. This code is now live on the ProximaX TestNet.
Paltalk, Inc. is a communications software provider that powers multimedia social applications. Its products include Paltalk, Camfrog, ManyCam, Tinychat and Vumber. Paltalk and Camfrog are both available on Windows, Mac OS, iOS, Android and other tablet devices. Together, these products power a collection of video-based communities, with technology to host thousands of simultaneous live group conversations on topics such as politics, financial markets, music and dating, among others. ManyCam is a live streaming software and virtual camera that allows users to deliver professional live videos on streaming platforms, video conferencing apps and distance learning tools. Vumber is a telecommunications services provider that enables users to communicate privately by having multiple phone numbers with any area code through which calls can be forwarded to a user's existing telephone number. Tinychat is Web-based, enables adaptations of its video technology and does not require a download.