In the Disrupt Battlefield Competition, London 2016, PhenixP2P was also among the top 5 finalists. They recently announced that they have been able to raise the amount of $3.5 Million with their KB partners. Without any doubt, that has been the biggest success for them in every means.Along that it was also able to raise $5.5 Million now for the real time video streaming solution. This video streaming solution provides the lower latency along the better user experience.

Real Time Streaming Issues:

The PhenixP2P says that to stream the events online in real time still is the problem. Because, the live action that took place at some place comes up on the screen with a bit of delay. So the twitter is a real time feed publishing platform. But now the PhenixP2P is also trying to fix the real time issue to make the video stream even more realistic.

Viewer Distraction:

The delay in the streaming distracts the viewer and reduces his engagement. It seems odd and awful as the event occurred a minute ago in the world, whereas it is shown live after a minute delay. The Phenix said that the users are more of demanding such a platform where they can view things live on real time without any delay.

Phoenix Promise:

It has also made a promise that its developers can achieve the total latency of around 0.5 seconds with its platform. They also said that they will be investing more in the development of the business to hire more individuals on both the sides of engineering and business.