Sloot Digital Coding System

Romke Jan Bernhard Sloot was a Dutch electrical technician who claimed to have a new , loss-less compression system that could, supposedly, compress a 10 GB film into 8 KB, without any loss in quality. No one knew how he did it and there were doubts, but he was close to signing a deal with Phillips, that would have made his tech viable and mass produced, but he died the day before the deal was signed, of a heart attack. A floppy disk with the coding system went missing after his death, so the means to the compression are lost.