Is the Synology DiskStation DS220+ compatible with third-party applications, and can it be used for video streaming and transcoding?

The Synology DiskStation DS220+ is designed for a variety of server roles, including being a 4K Multimedia Server, which implies it can be used for video streaming and possibly transcoding.

Questions & Answers: Synology DiskStation DS220+ NAS Server with Celeron 2.0GHz CPU, 6GB Memory, 8TB SSD Storage, 2 x 1GbE LAN Ports, DSM Operating System

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Synology DiskStation DS220+ NAS Server with Celeron 2.0GHz CPU, 6GB Memory, 8TB SSD Storage, 2 x 1GbE LAN Ports, DSM Operating System

Synology DiskStation DS220+, made for variety of server roles, like iSCSI targets backup, large file storage, email servers & domain controllers. Powerful, high-capacity scalable storage capable of fitting into environments with intensive, multi-user workloads
Celeron J4025 Dual-Core 2.0GHz CPU, Up to 2.9GHz Burst; 6GB DDR4 non-ECC; 8TB (2 x 4TB) SATA 2.5" SSDs for Ultra-Fast Storage; 2 x RJ-45 1GbE LAN Ports (with Link Aggregation / Failover support); 2 x USB 3.2 Ports
Features: iSCSI Target Protocol, Cache Acceleration, Virtual Machine Manager, High Availability, MailPlus, Central Management System, Security Advisor, AES 256-bit Encryption, 2 Factor Authentication, Cloud Station Suite, 4K Multimedia Server role, Active Backup, Surveillance Station role, Collaboration Suite & more
Comes in sealed box
Hard drives & memory upgrades included separately, NOT installed, installation required

$1,399^.00 –