Aspects of the invention are directed towards a system and a method for streaming video. One or more embodiments of the invention describe a method comprising steps of transmitting a request to a server by a user device for streaming a video and receiving one or more video segments of the video from the server. One or more embodiments of the invention further describe creating object uniform resource locators (URLs) for each of the one or more video segments and transmitting the created object URLs to the server, wherein an in-memory playlist is created on the server including the object URLs of the one or more video segments. The user device receives the playlist URL of the in-memory playlist from the server and streams the one or more video segments of the video at the user device by using the playlist URL.