Netflix and Amazon may soon have to ramp up their offerings. A new technology has arrived, Bitcodin by new contender Bitmovin, which enables commercial enterprises and home users to stream their home video library anywhere they go at high-quality, in the same way they would with Netflix.
The secret sauce is Bitmovin’s innovative video encoding, which allows users to submit videos to be encoded and output via another server, like a cloudhost or FTP server. The converted file can then be used by Bitcodin to stream at home cinema quality, like other video services. From their documentation:
Encoding-jobs are the central element of bitcodin, they consist of an input [...]