In this quarantine, most of us have had to find alternative ways to continue with our jobs, studies, etc. For this, we have probably gone to video call services, including Zoom. But did you know that business owners can now monetize their Zoom calls with cryptocurrencies? SmartSessions is the answer.
How can I get cryptocurrencies with Zoom?
The large American communications technology company, Zoom Video Communications, has integrated a Blockchain-based application for the first time. Developed by 2key.Network, SmartSessions is based on the Ethereum network and will allow business owners to monetize video calls with cryptocurrencies.
With the integration of SmartSessions to Zoom a new opportunity opens. This service uses SmartLink technology and will allow business owners to combine registering their Zoom services and managing payments.
To accomplish this, users can add a paywall to their self-managed Zoom video calls. Ultimately, this would simplify and facilitate the process of generating revenue for viewers who access your live video calls. No coding skills are required to set it up, the announcement explains.
What does this imply?
An opportunity for those who teach classes of virtually anything. For example, yoga teachers, personal trainers, psychiatrists, and tutors are just a part of those who employ Zoom in recent times.
Until now, efficient monetization was a complicated process, as all attendees had to be billed individually using payments completed via PayPal or bank transfers.
What SmartSessions does is allow content creators to produce a single access link for their customers that automatically completes online payments. Those who use Zoom calls can specify the cost per person, the dates of the session and the number of attendees.
Customers will make payments in various cryptocurrencies. To simplify the purchase process, 2key will allow the purchase of cryptocurrencies through credit cards directly from the platform.
The use of cryptocurrencies means for those who provide the service at Zoom that they can avoid bank fees and even restrictions. Payments are completed quickly and securely on the Blockchain.
Since SmartSession links are completely decentralized, a professional session cannot be interrupted by unwanted parties trying to join the call.
Need in times of uncertainty
The unexpected outbreak of the coronavirus pandemic rocked numerous commercial operations. Some had to close, while others are trying to adjust in these unusual circumstances.
Business owners are transitioning to work environments from home. For example, the number of people using Zoom has soared from 10 million to 200 million recently.