ProximaX is a blockchain-based, decentralized content storage and distribution network, whose strength is to provide a platform that allows the development of applications and services, easy to use.
This platform seeks a greater industrial application of this new technology and the development of DApps.
The ProximaX project is headed by Lon Wong, former president and advisor of the NEM Foundation.
The blockchain industry is robust that for a new project network ProximaX is the new-generation of successful projects. Instead of focusing on different blockchain technology, ProximaX is a set of tools for developers to use in order to build their applications while taking advantage of the benefits of blockchain technology. they must offer the whole package smart contracts, like software development kits.
ProximaX offers advanced services such as video transmission, identity, IoT services and Robotics among others, but to offer all these services it is necessary to know the basic aspects that ProximaX uses to make all this possible. The essential basis of ProximaX is its Blockchain called Sirius Chain that holds the entire project together.
The world has never been this associated. Individuals from different places on the planet are currently ready to work together, execute, make, and convey more than ever.
Another great innovation ProximaX offers is the removing of bottlenecks. People writing about the crypto space and working with blockchain technologies always pointed this out- transfer/storage of Data off-chain. This has been solved by ProximaX by integrating the storage into the framework. This means offerings like social media and streaming platforms which generate an enormous amount of data can store most of it or even all of it within ProximaX suite.
solution
ProximaX has successfully launched integrated and distributed ledger technology IaDLT together with the API-driven architecture in file hosting services, file sharing, content creation and monetization of such content , content control, multimedia and message transmission, and the growing demand for Know Your Counterparty ("KYC") applications. Being an IaDLT means that they embody the following characteristics.Stored and hosted in decentralized networks of private or public chain.Synchronize and organize files automatically.Secured and supports multiple devices.Share without problems.Optimized data recovery from an efficient database system.Bases of trust integrated in technological solutions.Flexibility in design.
Another advantage that allows the distribution of the files through this network is that it is not only a server that stores the information, but that it is fragmented between various nodes and users located around the world, independent and separate.
Benefits of using ProximaX
"ProximaX KYC is a Know-Your-Counterparty application that is built on top and powered by ProximaX's Sirius platform." Its main advantage is that it offers its users absolute security and privacy in the records stored in ProximaX KYC, since, "all information is fragmented, encrypted by default and stored in several nodes.
With proximaX KYC, information owners have the option to "grant or deny access as they see fit," all at a much lower cost than with other systems.
In other words, ProximaX, will allow to address other applications other than value transfer and transactions. By allowing Dapps to be developed and having its token, it will be a perfect complement to "NEM's decentralized ecosystem".
-Blockchain: Preserves the Blockchain essence, thanks to the support of "NEM".
-"Consensus: A multilayered consensus protocol for voting, governing, harvesting, and rewarding network nodes that bring storage resources and bandwidth to the network."
Storage: Distributed report storage is one of the first middle services enabled by the ProximaX crew at the Sirius Chain. File garage is accomplished through a DFMS.
Data is encrypted and break up into smaller units through this.
Streaming: using the "PSP protocol (PeerStream) for real-time routing and transmission, point-to-point private messaging and online presence", necessary for video transmissions, for example; and finally,
NEM innovation, then again, through its conveyed record innovation (DLT), fills in as the establishment for ProximaX's agreement convention which is a significant feature for impartial and productive boost of the decentralized stockpiling and for utilizing ProximaX's APIs.
To guarantee trustworthiness and worth, ProximaX utilizes a multi-layered accord conventions for democratic, administration, gathering, and to reward organize hubs contributing capacity and data transmission assets to the system. The three noteworthy accord conventions will be utilized to oversee on chain and off chain assets, administrations and exercises are: Proof-of-Importance (PoI), Proof-of-Storage (PoSt), and Proof-of-Bandwidth (PoB).
The blend of these accord conventions is an advancement from the customary blockchain. It is a distinct advantage in itself. As indicated by the
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More about Proximax
https://www.proximax.io/
https://bit.ly/2koqP5l
https://medium.com/@proximaxio
https://t.me/ProximaXio
https://twitter.com/ProximaXio
https://www.linkedin.com/company/proximaxio
https://www.instagram.com/proximaxio/