Velocix, the UK-based content delivery service provider formerly known as CacheLogic, introduced a new line of live streaming solutions today, including live P2P streaming. Velocix is already working with a number of broadcasters, such as the BBC, as well as video startups such as the British Joost competitor Babelgum, so we can expect to see more live TV offerings pop up online in the near future.

Velocix isnít the first one trying to leverage the power of P2P for live streaming. Recent efforts included Joostís March Madness test, which got off to a rocky start. ďItís a technically challenging area,Ē admitted Velocix CEO Phill Robinson when I talked to him yesterday. But he believes that his company can do better than the competition. Continue reading at Newteevee.com.

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