Silicon Valley startup Lino is preparing to compete with YouTube by creating a decentralised video content platform using the technology behind bitcoin - blockchain, which aims to cut out the middleman for paying content creators. Lino faces competition from platforms Streamspace, Flixxo, Viuly and Stream, which are developing similar concepts, but received a $20 million vote of confidence from Chinese investment fund Zhenfund during a token sale, CoinDesk reports. Explaining the startup's mission, its website states that YouTube holds "enormous power"......
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