A Decentralized Big Data and Machine Learning Network Powered by a Computing-Centric Blockchain.
Data ownership should belong to data subjects or users who have created data.
Data creators should own their data, and benefit from their data.
DxChain is aimed to solve all these critical problems. DxChain hopes to create a decentralized data exchange platform to help users not just own and control their data, but extract and enjoy the value of data as well.
DxChain is a Silicon Valley-based blockchain startup developing on-chain storage and computation to process large volumes of data. DxChain Founder Allan Zhang, as a serial entrepreneur, founded Trustlook, an information security company based on big data.
While in the actual operation of Trustlook, the cost of packaging and acquiring data is too high, Zhang discovered that the blockchain technology, featuring decentralization, multi-nodes, and distributed storage, can not just reduce the costs of data retrieval and storage, but also ensure that data will not be tampered or lost.
In the future, Trustlook is going to be the first app in DxChain.
DxChain this year introduced its “Chains-on-chain” architecture, which includes one master chain and two side chains for computation and storage respectively. The master chain is used to record events, such as transactions, while the side chains perform their duties, thus supplementing the blockchain’s limitations.
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Website : https://www.dxchain.com/