Transcodium aims to provide the first peer-to-peer decentralized media transcoding, editing and distribution platform with high quality and reliable computational power at a very affordable price. Transcodium will use idle devices to process file which will create a global market for users, willing to rent their idle machines to be used as workers. The global video streaming software market size is expected to grow from USD 3.25 Billion in 2017 to USD 7.50 Billion by 2022. 87% of online marketers use video content which shows how this Industry will grow in near future.