Blockchain startup company Tron acquired BitTorrent Live last year and has completely changed the angle of the app, which formerly offered a series of paid and free television channels. The new approach drives it towards a social territory, functioning similar to Snapchat and TikTok, where users are able to share and create content, becoming a social media app.
At the core of the app, the centric concept remains the same due to the decentralized network it's built upon and the retained peer-to-peer technology. The decentralized foundation of the network allows consumers to connect with one another and for businesses to also connect with their consumers. The new iteration of the BitTorrent Live app is available for beta testers beginning the second quarter of the year and set to be publicly available near the end of the year.