DxChain (https://www.dxchain.com/) is aiming to build decentralized computing-centric blockchain platform for big data and machine learning network. Dxchain aims to provide comprehensive solution for big data issues - securing personal data, support for business intelligence and machine learning dapp, enablers for data control, maximize dataset potential. DxChain's platform protocol will integrate hadoop components - data analysis support, machine learning framework, proven tool sets with the combination of blockchain
DxChain Design
It will operate on Chain on Chain architecture which is designed to solve data compution, storage and privacy issues. The security of the platform to perform computations and reduce reduntant node computes will be handled by Verification game framework. Validation of computations will be provided by Provable data computation methodolody.
Chain-On-Chain architecture includes a master chain and two side chains: Computing side chain (CSC) and Data Side Chain (DSC). The communication between the subchains and master chain will be via the smart contracts. The chains will operate on its own consensus.
Master chain is ethereum-compatible, and immutable ledger to store the network transactions.
Data Side Chain will enable data transfer over peer to peer network.
Computing Side chain will enable parallel distributed computation tasks between network nodes and users.
Why DxChain?
DxChain's usecase targets $1 trillion data market and proposes decentralized platform for big data which is currently monopolized by large enterprises. It is difficult for smaller entities to access large datasets without the access to expensive technology. DxChain targets to offer multichain architecture to handle data acquisition and storage on decentralized single network.
DxChain will leverage Hadoop, biggest opensource tool for distributed computing and marrying it with incentivized token system to share data. DxChain will also support anonymous private sharing of data with secure encryption for users. The platform will also provide data exchange marketplace, analytics network and dapp development framework.
DxChain incorporates a “chains-on-chain” architecture comprised of a master chain and two side chains; namely, the Computing Side Chain (CSC) and Data Side Chain (DSC). The CSC and DSC communicate with the master chain via smart contracts. Even though the chains are interconnected through smart contracts and microservices, each side chain operates its own consensus mechanism. Below is a diagram of the network.
Team
Co-Founders of DxChain are renowned for their experience in cybersecurity and blockchain.
MVP
DxChain has launched their MVP Alpha - Rocky Mountains. The testnet is due this quarter and mainnet in Q1 2019. The team has so far met their deadline and their community platform is very active
Partnerships
DxChain has partnered with Trustlook, AI-based cybersecurtiy platform. DxChain has also partnered with Quarkchain.
Based on the factors - concept, team's track record, solid Alpha MVP before the public sale makes DxChain a project to watch out for that will definitely disrupt the blockchain and AI industry
Telegram: https://t.me/DxChainBot?start=e629je-e629je
Website: https://www.dxchain.com/