MPEG-Dash and HLS for live streaming with AES128 encryption

I want to use MPEG-Dash and HLS for live streaming with AES128 encryption.
Is it possible?

AES-128 encryption only works for HLS in WSE. See https://www.wowza.com/docs/how-to-secure-apple-http-live-streaming-aes-128-external-method. For complete protection, you can look into DRM.