TRANSCODIUM .. Solve The Problems OF Cloud Transcoding

TRANSCODIUM
A Decentralized Peer-to-Peer Media Editing,Transcoding & Distribution Platform

:: Transcodium ::

Transcodium aims to provide the first peer-to-peer blockchain based and decentralized media transcoding, editing and distribution platform with high quality and reliable computational power at a very affordable price.
This will create a global market for users, willing to rent their idle machines to be used as workers (miners). Further, at the end of the transcoding process, the worker (processor) will be rewarded with the TNS token

: Histroy :

Transcodium started as medianap in 2015 with a visual cloud transcoding and media editing platform, but went out of business due to the high cost of cloud servers, we could not compete with the existing platforms and had to
switch to another business. In 2016, our team decided to look into the project again but this time using the blockchain and decentralization technology. Unlike the previous platform, Transcodium’s network will be
fully automated without human intervention.

: The 3P's :

Transcodium will tackle all the 3P’s (Privacy, Pricing, and Processing Power) in an instance, there will be no limit on how much processing power Transcodium will be able to generate from its network. Transcodium network will be available to its target customers in a more cheaper price than the current market price .

Transcodium's unique algorithm will enable the conversion of media filesin a supersonic speed by splitting large media files into very tiny chunksand thereafter will be encrypted, compressed and sent to workers (idle devices) to process. Due to the lightweight of each chunk, these tasks will be transferred and processed at a very fast speed, even smartphones will be capable of processing them. Tokens will be rewarded to any worker who
completes its task before the allocated timeout.

: DEVELPOERS :

Transcodium will provide SDKs & APIs for using or accessing data on the network. Developers can build their own software or service around it.

Use Case 1: Developers building media conversion software can take agreat advantage of services on the network such as providing their software’s users with the ability to export their output to multiple destinations such as YouTube, Facebook, Dailymotion and etc.

Use Case 2: Using the Transcodium network, developers can build a complex video and audio editing tools with advanced features which in most cases will take forever to be processed on user's computer or smartphone.

: TRANSCODIUM TOKEN :

TNS token is an ERC-20 compliant Ethereum based token which is designed to work on Transcodium network. The token will be a mean of payment within the network.

EACH TOKEN OFFERS THE FOLLOWING RIGHTS TO ITS HOLDER:

Right to transaction

Each token holder holds the right to send or receive tokens between one to another. Tokens can also be sent to the third party to a supported digital wallet.