wireWax is a new service that takes the concept of YouTube annotations and makes it much better. On wireWax you can build interactive tags into your videos. Each tag that you add to your video have another video from YouTube or Vimeo or an image from Facebook, Flickr, or Instagram. A tag can also include an audio track from SoundCloud or a reference article from Qwiki.
What makes using wireWax different from using the YouTube annotations tool is that clicking on your tags (what YouTube calls annotations) does not send you outside of the video you're currently watching. This means that you can watch a video within a video or view a picture or listen to a different audio track within the original video. When you click a tag in the original video the video pauses and the tagged item is displayed.
wireWax allows you to add tags to any YouTube video that is publicly viewable and has not had embedding disabled. I tried wireWax with this five minute video. It took a while (15-20 minutes) for the video to process for tagging, but once it was processed it was easy to create a tag. To create my tag I just advanced the video to the spot I wanted to tag, drew a box around the person I was tagging, then selected the wireWax YouTube app to put a video within the original video. Check it out below by advancing to about the 1.5 minute mark.
Applications for Education
wireWax could be a great tool for adding new layers of information to educational videos. If you're creating videos for your students or your students are creating videos to share with others consider tagging key points at which viewers might have questions. At those points insert tags that reveal clarifying information in the form of a video, an image, or an audio recording.