Veoh Networks Ushers In New Age Of Legal P2P Video Distribution With Release Of VeohNet
Veoh Networks, Inc., the first Internet Television Peercasting Network, today announced its VeohNet protocol, the company's video transport system that significantly surpasses the capabilities of existing peer to peer (P2P) systems in effectively distributing high-quality video.
The VeohNet protocol is the backbone of Veoh Networks, which will launch in beta in the coming weeks. Veoh Networks was founded by Dmitry Shapiro, a technologist best known for creating the world's leading P2P security software used by more than one million enterprise users today to manage and regulate applications like BitTorrent and Grokster.
"Our engineers and I have spent the last five years dealing with various P2P networks including BitTorrent, eDonkey and FastTrack, as well as the dozens of applications that support these protocols, including Grokster, KaZaa and Morpheus." said Dmitry Shapiro, Veoh's CEO. "We have created a new protocol that sets a new standard in terms of both technology and legitimacy for content owners. In contrast to earlier approaches, our focus from inception has been respecting the rights of content owners."
According to a recent Massachusetts Institute of Technology study, existing decentralized swarmcast systems are fundamentally limited, especially in their ability to penetrate firewalls, requiring users to open ports in order for the systems to work effectively. VeohNet uses advanced firewall traversal technology to provide excellent performance to all users without firewall adjustments or decreasing security requirements. VeohNet was also specifically designed to provide DMCA compliance, unlike traditional systems that do not take this in to account and enable the rampant piracy of intellectual property.
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