Obduction hologram-video characters...which approach?

I am trying to setup a system to display “video characters” as seen in obduction, wondered if anyone has tried anything similar and has some tips/guide on how to approach this. Mediaframework is not supporting greenscreen/alpha nor 3d videos afaik so i am a bit lost… Maybe mapping the video so it wraps around a simple character mesh, and / or some material wizardry for the noise/distortion effects? I haven’t done any actual tests yet, just some research to see if it’s doable so any bit of help is really welcome, thanks in advance!