It's been said that "Anything is possible, it's all just 1's and 0's"
You'd have to have some serious chops though... there's no native browser support for live video capture that I'm aware of so you'd likely have to work that out first and then plug that into a web application. would be a very daunting project. Look at google hangout. That's basically what you're wanting but they require some local software to be installed I think I remember.