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BplayEnt and MPSINVEST to Use Blockchain-as-a-Service to Resolve Live Stream Payment Issues

BplayEnt has announced that it has inked an MOU with MPSINVEST, a service provider for live streaming platforms, to collaborate on blockchain business. Through mutual trust, this agreement aims to facilitate the formation and management of a blockchain-based firm.

Fintech firm BplayEnt, based on the blockchain, creates and manages token issuance technology, allowing NFTs to be manufactured after careful preparation and with the help of the blockchain’s service linkage and a wide range of intellectual property (Intellectual Property).

Using its live streaming platform, MPSINVEST runs a number of different entertainment-related enterprises. Celuvtv is an example of an open internet live broadcasting service; it’s a real-time live broadcasting platform that uses N-Screen, online chat, and real-time streaming technologies to provide two-way conversation between hosts and viewers of family-friendly programming including cooking shows, eating shows, music and dance performances, and other similar programs.

Through this arrangement, BplayEnt and MPSINVEST will cooperate with a well-known TV program writer to produce a perspective and narrative of “Celebrity” from Celuvtv as the topic, and based on that, will advance the NFT business centered on the webcomic “Nerdi Moodi” and its intellectual property. Through the use of a BaaS (Blockchain as a Service) system that leverages blockchain technology, they want to create a blockchain facility to address the problems in the current formalized and closed worldwide payment method for live streaming applications.

An executive from BplayEnt said, “We have resolved to increase business collaboration via cooperative research and development of potential methods for emerging blockchain technology-focused enterprises, and we will work to enhance the operational effectiveness of the content sector.

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