The Main Features of DxChain
This project is based on the blockchain technology and serves to exchange data between other users. DxChain network provides machine learning and the opportunity to work with Big Data sets.
Big Data is larger and more complex data sets from new data sources.
The platform is one of tools for analyzing Big Data that ensures its integrity.
The blockchain architecture includes one master chain and two side chains.
DxChain is based on the chains-on-chain architecture that includes one master chain and two side chains.
Its structure was designed to solve multiple issues, which are related to data computation, storage, and different privacy issues. This would be difficult to do simultaneously having just only one chain. Besides, the platform supports the smart contracts.Master Chain records and stores data about assets and events such as transactions, agreements, etc.
Besides, the master chain uses a proof of work PoW to provide the highest level of security and stability.
Data Side Chain stores inactive information or metadata, which is a dataset that provides information about other data and serves as a data extraction method.
Examples and Potential for Use of DxChain
There are several ways to use the platform, for example, a client assigns some data task to the master chain, then it will be sent to the side chain to compute that. The target computing chain extracts data from the data chain and performs the specified calculations and tasks. Next, the computing chain records the task results to the data chain, and then reports to the master chain that the task is done. All participating nodes in these processes will receive a reward for providing computing resources and (PoW). DxChain can provide safe and private data storage, calculate and exchange patient data using the blockchain. They will also receive compensation for the use of their data.
Team Members
There are 10 top team members who were initially launched the startup project.
Allan Zhang, the cofounder who has over 10 years of experience in mobile security, network application protocol detection and network-based vulnerability detection assessment. The founder and CEO of Trustlook that develops AI-based cybersecurity products. Previous roles include senior vulnerability research engineer at Palo Alto Networks and TELUS Security Solution, the senior security engineer at nCircle Network Security, and software engineer at Lucent Technology.
This is really very strong team with big experience,
and it seems to me that they can be trusted!
Unfortunately it's difficult to be original at the moment,
as all technical information is taken from white paper from the official site https://dxchain.com/:
Wei Wang-the cofounder and Chief Scientist who has experience in various fields, including the blockchain research and development, big data, and distributed systems. Previously the principal scientist of blockchain research at AT&T and the principal scientist of big data and parallel computing at Hortonworks. Prior positions include data scientist at Apixio and various research positions at Columbia University, the University of Pittsburgh, and Carnegie Mellon University.
James Li, the cofounder who has experience in the blockchain systems design and architecture. Besides, he has over 10 years of working experience in the network security. Previously worked as a manager of the mobile department at Trustlook, the principal security engineer at nCircle Network Security, and a senior software developer at Lucent Technologies.
Taosheng Shi, the Blockchain Engineer who has over 10 years of experience in the distributed system research and development. Previously worked at NOKIA as an innovation manager for 5 years conducting R&D in data warehousing and radio cloud platforms, providing expertise in Big Data integration, data warehouse architecture, and so on.
Li Lu, the Blockchain Researcher who has over 10 years of experience in the distributed systems and Big Data. Previously worked as the Director of Engineering at LaiOffer, an Internet-based education platform. Previously worked at different positions at The Apache Software Foundation, Hortonworks, Google, and Microsoft. Obtained his Ph.D. in Computer Science at the University of Rochester in 2014.
The project is also hiring experienced employees on their Career page.
The project advisors include Yan Gong, Professor of CEIBS, Kevin Hsu, the founder of BlockVC, Leo Wang, the founding partner of PreAngel, and Fan Zhang, a partner of Vancoin and former Founding Partner of Sequoia Capital China.
The project investors include PreAngel, Fenbushi Digital, BlockVC, Node Capital, Signum Capital, JRR Crypto, Fission Capital, and many others.
Competitors
Data computation: Golem $240 million, SONM $42 million and iExec $55 million
Data storage: Datablockchain, Airbloc, Sia $370 million, and STORJ $56 million
Google and Amazon
The project focuses on working with Big Data, so there are no truly direct competitors.
Website (watch out for fake spellings): https://www.dxchain.com/
My referal link: https://t.me/DxChainBot?start=jtxipw-jtxipw