Former Fox CTO joins blockchain media firm Live Planet

Live Planet was founded in 2016 and currently offers the Live Planet VR System. (Live Planet)

Hanno Basse, former chief technology officer at 20th Century Fox Films, has joined decentralized media solutions company Live Planet as president.

Live Planet’s current products include an end-to-end virtual reality (VR) video streaming and publishing solution, and its blockchain-based video infrastructure platform, the VideoCoin Network. Basse, who will report to Live Planet founder and CEO Halsey Minor, is tasked with growing the global footprint for Live Planet’s offerings.

““The addition of a technology pioneer of Hanno’s caliber is emblematic of Live Planet’s strategic direction, and I look forward to an incredibly exciting journey ahead,” said Minor in a statement.

Basse has an extensive background in video technology. At Fox he set up partnerships with Samsung, Ericsson and Barco, and helped establish the Fox Innovations Lab. He was also the first chairman of the UHD Alliance, and helped launch the 4K UHD Blu-ray Disc format and, in partnership with Samsung, established High Dynamic Range (HDR) technology for consumers.

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“The media processing and distribution technologies Halsey and his team have built are among the most groundbreaking I’ve seen. They provide the basis for a new generation of solutions that media, telco and corporations will eagerly embrace as our world moves toward increased decentralization, higher-speed communication and edge-based compute,” said Basse in a statement.

Live Planet was founded in 2016 and currently offers the Live Planet VR System. The system includes a virtual reality camera that features 16 built-in sensors, the ability to livestream 360-degree video, technology for stitching together video and an encoder that preps video for publishing across multiple platforms. The company also runs VideoCoin, a decentralized video network service that puts cloud-based video services into a blockchain-based market with a native protocol token.