Hi SanFrancishooter it seems it is mainly for GAMES SEE LINK.
As I do not play these at the age of 89.I do not know any more.
Yes it does frame interpolation such as used in Small animation programs used now and years ago .
Read the attached LINK.
All the best
Les
https://www.reddit.com/r/anime/comments/2lnwdn/are_there_actually_any_difference_between_24_and/
Related Link:Click Here