What is Proximax?

ProximaX is a blockchain based platform centered on application development and other easy to use services. It offers a set of useful tools that affords software developers that advantage of exploiting blockchain technology in developing applications.
ProximaX is an Integrated and Distributed Ledger Technology (IaDLT) development platform with its multiple plug-ins held together by a common blockchain protocol that provides incentivization, identification, message recording, state management and asset exchange.

Proximax is here to solve the unsolvable problems that developers are really facing which one of them is the lack of cohesion between development tools that developers are making use of, thereby finding it hard to launch applications. Just like the scenario given, someone cant not build a vehicle with the engine of an airplane. That how the problem look like, but proximax is here to provide the solution and eradicate this problem. How? They will be implementing the ProximaX Sirius Chain which serves as the backbone to the project and also contain every tools needed by developers in building their applications.

Sirius Chain

ProximaX ecosystem super efficiency and well tailored functioning core services owe much to its more traditional chain service also know as "Sirius chain". While ProximaX is powered by blockchain that is responsible for the open distributed ledger and security, the Sirius chain is responsible for the core services such as streaming, content review, ssupercontracts, and storage.
Through Sirius Chain, the platform offers and provides different processes already known in the Blockchain industry, ranging from “contracts”, service tokenization, which generates what is known as “work done”, now, explaining each One of these services, through “contracts” can be performed or are necessary for the different commercial purposes that the user wishes to propose and that the platform is available to offer. With the tokenization of services, it serves as an incentive for the user to generate real-world assets and can be used to digitize the different businesses to be established.
Powered by the more efficient Proof-of-State (PoS)algorithm consensus mechanism and being coined from the ever impressive NEM's blockchaain called 'Catapault' that process a considerable larger amount of transactions per second giving ProximaX the speed and Scalabilty needed to excel. The Proof of stake is energy efficient, high throughput and easily can be incentivize.
The other impressive algorithm on ProximaX is the Proof of Greed(PoG), a unique feature that helps regulate fee for nodes acquisition giving high probability to individual with low fee claiming a node. This fee regulatory feature is absent in other platforms.

Benefits of using ProximaX

Developers are able to access a complete software development kits (SDKs) in form of complete developer's toolbox rather than working with mere standalone interfaces, to build dynamic applications. It makes work easier, not having to search for every single or individual component needed to bring the project to live.
The backbone of ProximaX and what makes it an innovative, revolutionary and efficient platform is Sirius Chain, which being a fork of Catapult de Nem, has had a great improvement, reinforcing weak points and attacking those failures that could cause problems for the user, which has resulted in an efficient way to accommodate the demand load of extended central services and side chains in the network.
This consensus, unlike Proof of Work (PoW), is much more efficient from an economic point of view and with better performance, where through PoS the greater participation the user has, the greater the incentive or reward that they have.
ProximaX has improved the NXT PoS, giving it better control over the duration to validate the blocks, in addition to providing a more concentrated block time, which solves the existing problem of long blocks.
ProximaX has designed a new process that decentralizes the block forging process, in another order of ideas, ProximaX has created this mechanism with the purpose of guaranteeing safety and reliability in the platform, avoiding and guaranteeing that no node can become too greedy, it is necessary that the user offers the maximum rate that he is willing to pay.

The effectiveness of an application is in its ability to push files and retrieve data as quickly as possible, with proxomaX's power-packed hub, developers will be able to build powerful apps and in that, retaining functionality and still able to keep them streamlined and lightweight.

Advantages of ProximaX

1. Secure
2. Speed
3. 100% Availability
4. Easy-to-use
5. Transparent
6. Flexible

ProximaX Applications

ProximaX is accommodating to intending and existing software developers and as such it offers various applications which enables the successful deployment of both existing and newly created applications on the platform.

Proximax KYC which will help in managing sensitive identity records of your various customers with low cost that other similar third parties.
ProximaX Suite which tends to be a blockchain spreadsheets which will help in creating more security to users information.
Proximax Forensics will help users to acquire more information about security, data’s and even private issues. This will give users more priviledge to store their information for future uses.

RoadMap

Team

Partners

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/