MXF (Materia Exchange Format) is an audiovisual container format developed by SMPTE. It contains full metadata and timecode support and is considered as the future standard for audio and video applications. Theoretically, MXF can streamline data between different platforms, like servers and digital cameras.
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SMPTE (Society of Motion Pictures and Television Engineers)
ASF (Advanced Systems Format) is a digital multimedia format designed to save and open content online. It is the primary container for Windows Media Video and Windows Media Audio content. Today, ASF supports smooth playback on HTTP servers, media servers, and local storage with programs like Windows Media Player.