Tag: cryptocurrecy

Transcodium Explained (Video)

Transcodium is the first decentralized blockchain based file transcoding and distribution platform. The global transcoding market size is expected to grow from $3.25 Billion in 2017 to $7.50 Billion by 2022. Before your favorite streaming site such as YouTube or Netflix adds a new video to their platform, their system internally converts this video to […]

Transcoding, Backbone Of Entertainment The Industry

Transcoding is the ability to adapt digital files so that its content can be viewed on different playback devices. Working like an interpreter, a transcoder translates files to a suitable format for the end user. The translations are built upon complicated algorithmic computations and require significant processing resources. This simply means, you get to enjoy your […]

Transparency on Transcodium’s Network

The use of smart contract will enable transparency on the network, vital information such the file duration, the amount the initiator was charged and the amount paid to workers will all be on the public ledger. Customers and workers can always check how much they have been charged or paid respectfully for a specific task […]

We have rebranded

We have successfully completed the re-branding process from Bitcoding Limited to Transcodium Ltd.The reasons for the re-branding has been explained below: 1.Too many keywords of Bitcoding’s name on the internet: After we registered our domain bitcoding.io, we noticed our ranking was not improving, our team later realized it was as a result of the numerous […]

Transcodium, The Intro Part 1

Recently, the world has seen a remarkable improvement in the media industry i.e. from video advertising to media streaming, however, due to the high cost of cloud transcoding services, it has been very challenging for startups and companies on a low budget who needs these services. Since the emergence of cloud technology, the transcoding industry […]

Blockchain vs Cloud Transcoding

IDENTIFIED PROBLEMS With the current cloud transcoding platforms, the following problems and limitations were identified: Cloud transcoding platforms are too expensive and are scaring away startups, who require their services. Existing companies have to spend more than half of their income just for processing these media files, which is not encouraging. Long processing time, due […]