Convert your videos on demand?
Interesting... how about video streaming? Live and archived? How would that work? That's bandwidth intense, and bandwidth is still far from free, specially for video hungry apps!
Yes, video streaming as in "creating a decentralized youtube" would require us to have a very profitble businessplan in place. I can't imagine right now what that would be...
But as a first step, maybe something like a decentralized
imgur.com (file-hosting for pictures) could be worth it.
I always imagine what would happen if
imgur.com suddenly went offline and took like half of the internet's pics with it.
Scary thought!
That's why we need to replace those giant centralized entitites and put them on a blockchain secured network.