Transcodium has been developed as a platform to serve the developer community as well as the wider range of persons interested in media and its content through the provision of a decentralized blockchain-based file transcoding and distribution platform. With an expected exponential growth in the global transcoding market and Transcodium is positioning itself to play a major role in the sector. Transcodim helps to reduce the cost of media file transfer and distribution and also helps to speed up transfer and streaming time.