/newest/2020/04/ethereum-powered-app-lets-you-add-a-crypto-paywall-to-your-zoom-video-sessions/
SmartSession is a brand new app — powered by Ethereum — from Israeli blockchain startup 2key. This app makes it straightforward for anybody to receives a commission in crypto for video name companies supplied through the Zoom video conferencing platform.
2key is a web-based platform fully-owned and operated by 2key New Economics Ltd, a blockchain startup headquartered in Tel Aviv, Israel.
The 2key workforce, which has “members primarily based in seven international locations unfold over three continents”, says that it’s “dedicated to constructing expertise that can result in social change.”
One in every of 2key’s merchandise is SmartSession, which is accessible as an app for Zoom Meetings from Zoom’s “App MarketPlace”. Right here is how the app is described there:
“Zoom SmartSessions permit instructors, therapists and any service supplier to socially distribute and handle registration, funds, and entry to their companies supplied through Zoom.
“Zoom SmartSessions, permits SMBs, service suppliers, academics, instructors, therapists, and others to generate paid service periods, and to incentivise their social networks to distribute the occasions trying to find goal attendees.
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“The platform additionally helps with gathering funds for the session and distributing referral rewards for these serving to attain the audience.”
2key’s web site says many kinds of companies may benefit from a crypto paywall, e.g. sports activities instructors, music academics, distant assist consultants, legal professionals, and on-line seminars/conferences.
SmartSession is absolutely automated: it integrates “with a sensible contract that retains periods’ info and reserves entry solely to individuals paid to entry it.” The fee is “in crypto, straight, buyable with bank card.”
At the moment, the one cryptoasset that can be utilized for fee is Ether (ETH), which will be purchased through one among 17 fiat currencies from throughout the app. Nonetheless, sooner or later, will probably be potential to pay for tickets utilizing different cryptoassets (e.g. Bitcoin).
2key says that “the funds you accumulate in ETH are saved straight in your Metamask, Ledger, or 2key crypto-wallet.”
Featured Picture Courtesy of 2key