This software developer already makes a web browser with this ability, but its new app costs less and focuses on just video playback.
Skyfire can't modify Apple's Safari browser to enable it to play embedded Flash video, so users have to forward their previously unwatchable videos to the app. They can paste a Web link into the app, email the Web link to their unique VideoQ email address, or install a bookmarklet, which forwards videos to the VideoQ app for later watching.
The company gets around Apple's disapproval of Flash by converting the video to HTML5 on its servers, and then streaming that to the smartphone or tablet. One advantage of this system is that it uses an average of 75% less bandwidth while streaming.
Skyfire VideoQ is available now on the Apple App Store, and the app runs on both the iPhone and iPad. The cost is $1.99.