Low-latency JPEG XS format is optimized for live streaming and VR
 

You might only know JPEG as the default image compression standard, but the group behind it has now branched out into something new: JPEG XS. JPEG XS is described as a new low-energy format designed to stream live video and VR, even over WiFi and 5G...

https://www.engadget.com/2018/04/14/...rmat-nab-2018/