Transcodium aims to provide the first peer-to-peer decentralized file editing, transcoding 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. Further, at the end of the processing, the worker (processor) will be rewarded with the TNS Tokens.
Problems with Cloud Transcoding
First Cloud version of platform created
- Decision to adopt blockchain & Decentralized technology over centralized cloud
- Research & Analysis into the blockchain & Decentralization technology
- Drafting of white paper
- Company Registration & Legal Processing Commenced in UK
- Token Pre Sale
- Public ICO starts
- Development of wallet (with built in exchange and miner) for major platforms (Android, Windows & Linux)
- Development of master node application for major platforms
- First beta testing of platform & the provision of fully paid premium accounts for investors,token
holders, brands, startup to try the platform for 1 month.
- Production commence for the platform