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GoChain gets DISH Network on its Publich Blockchain Network

GoChain gets DISH Network on its Publich Blockchain Network

GoChain gets media and entertainment giant Disk Network on its public blockchain network as authorized block signing node, according to their announcement.

With $13 billion in annual revenues, DISH is a leading satellite and streaming TV company in the United States. DISH started accepting Bitcoin payments in the year 2014 and announced their Bitcoin Cash payment support in 2019.

GoChain is web3 based public and private blockchain protocol with 1300 transactions per second. The public blockchain trades with the ticker symbol GO.



Executive Opinion

DISH Chief Information Officer, Atilla Tinic said, "We are curious about new and interesting technology that may help us better deliver for our customers. GoChain's approach is unique, so we're giving our top notch developers a chance to take it for a test drive."

GoChain's Chief Executive Officer, Jason Dekker said, "DISH has always been a technology pioneer and we are extremely proud to have them as a Node signer. In the Enterprise world, trust and reputation are extremely important and having DISH join our node network is a vital first step in validating our approach."

DISH play with GoChain

DISH started with bitcoin payment option for their customers through mydish.com. DISH previously selected Coinbase as the payment processor for bitcoin transactions, but later shifted to BitPay for Bitcoin and Bitcoin Cash transactions with DISH customers.

As a block signing node on GoChain platform gives DISH a significant experience on the public blockchain platform. At the same time, GoChain gets a reputable company as a validator for GoChain's Proof of Reputation (PoR) consensus algorithm. GoChain claims that their Proof of Reputation (PoR) algorithm is 1000 times greener than PoW consensus algorithm used in Bitcoin and Ethereum.

GoChain's PoR validator network can scale to 50 Enterprise companies signing blocks, says the announcement.

PC: GoChain

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Mandar Pise Opinions expressed by techsutram contributors are their own. More details

Mandar is a seasoned software professional for more than a decade. He is Cloud, AI, IoT, Blockchain and Fintech enthusiast. He writes to benefit others from his experiences. His overall goal is to help people learn about the Cloud, AI, IoT, Blockchain and Fintech and the effects they will have economically and socially in the future.

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