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)
Xvid is a cross-platform video codec for compressing video files. It can compress a video file at a more than 200:1 ratio. This, in return, makes it easier and quicker to transmit video files over the internet. Also, compressed videos take up less storage space. It compresses data using the MPEG-4 standard.
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