"The best platform for easy-to-use application and service development" ProximaX.io
Proximax is a next-generation Integrated and Distributed Ledger Technology (" IaDLT ") infrastructure platform solution powered by blockchain technology . Proximax running on NEM blockchain. ProximaX combines blockchain, storage, streaming and an advanced consensus algorithm to enable a rich, all-in-one platform for broader cross-industry application and decentralized app development.
Proximax has been through series of development stages since it was launched in March 2018 and is already listed on 5 exchanges including Bitcola. Proximax has already been put to use in the real world and is being implemented by the United Arab Emirates (UAE) under the term smart governance to enhance its voting system.
The Ministry of Community Development of the United Arab Emirates announced that they have rolled out a Proof of Concept — PoC, powered by the ProximaX Sirius blockchain platform solution.
This is why the Proximax Blockchain was developed to proffer the Blockchain industry a one time game changing solution by infusing the inherent properties of the already existing revolutionary Blockchain infrastructures into a specific environment as tools for development. In this way, Proximax serves better as a development platform rather than just another Blockchain, it is more like an IDE of existing blockchain tools and infrastructure.
Sirius chain adopts the POS, Proof of Stake and POG, Proof of Greed sets of blockchain consensus algorithm. The POS system allows wealth and age to have a direct impact on the reputation system of the nodes in terms of validating transactions while it uses POG to ensure that no node is too greedy in accepting transactions with high fees relative to time so that the distribution of incentives and/or responsibilities can be fair across the participating nodes and the network can be more optimized and secure.
From so many blockchain projects, I dare to say that Proximax has succeeded realizing their vision and mission. I think Proximax Team is able to see that the real value of a blockchain project is not the price of their cryptocurrency but the realization of their vision and mission to create new technology that can change the world for the better, more productive and provide a sense of security to humans. I say that, is not without foundation and just nonsense without facts. I have looked at what Proximax Develop, Proximax Developing Smart Applications.
ProximaX Applications:
ProximaX Identity: It is an application that works as a highly secure verification system for personal information, being used as a unified source of data in the public and private sectors.
ProximaX Forensics: This application provides greater data security and efficiency, in which researchers and scientists can use to access all digital evidence easily, quickly and safely.
ProximaX File It!: It consists of a client-based file-sharing application that stores and shares files across multiple nodes on the ProximaX Sirius platform.
ProximaX Notes: It is an application in which users can take notes and embed Images. The files of this application can be encrypted and thus have absolute protection and privacy.
ProximaX KYC: ProximaX KYC offers the fast and simple incorporation of end-to-end counterpart. With ProximaX users can store and manage data, having maximum security and privacy.
ProximaX Suite: ProximaX Suite is an end-to-end office suite that is very useful for businesses, as it offers certain tools such as word processing, spreadsheets and presentations. This application provides security and privacy to its users.
Token Economy
The XPX token is the native currency of the ProximaX network. It is used to pay for transactions on the public blockchain in order to incentivise its network of public nodes that process and record transactions for application service providers (ASP).The internal token consists of the Proximax native token, the XPX, which is used to pay for the platforms services, the Service units, these are comparable to GAS on ethereum, which are used by consumers performing any operation on the platform, service units also represent the capacity of a node providing a service. While the External token ecosystem refers to the payments made by end consumers through fiat or crypto.
The advantage of using proximaX platform
-Highly scalable
-Highly secure
-Highly configureable
-Super fast and speed
-Flexible
-Transparent
-100% availabilty
-Staggering cost saving
Sirius Blockchain
Integrating blockchain protocol with of-chain service layers is difficult. ProximaX Sirius platform is the core platform solution in the ProximaX ecosystem and it aims to integrate blockchain protocol with off-chain, peer-to-peer storage, streaming, and database service layers that are often found in traditional software-as-a-service (SaaS) centralized architectures. It provides merits of a blockchain network and conventional centralized database solutions both.
Sirius chain adopts the POS, Proof of Stake and POG, Proof of Greed sets of blockchain consensus algorithm. The POS system allows wealth and age to have a direct impact on the reputation system of the nodes in terms of validating transactions while it uses POG to ensure that no node is too greedy in accepting transactions with high fees relative to time so that the distribution of incentives and/or responsibilities can be fair across the participating nodes and the network can be more optimized and secure.
storage
The storage service layer is not only trustless but also efficient with its unique Distributed File Management System (DFMS). What happens here is that the system stores binary (structured and unstructured) data in randomly hosted peer to peer storage devices which are selected by the networks consensus algorithm.
supercontracts
These are the executable codes stored in the systems storage nodes which are responsible for the incentivization.
streaming
Sirius chain accomodates both livestreaming and storage streaming, which means pre-recorded data can be streamed to viewers and broadcasted later likewise live data which can be broadcasted immediately. This results in possibilities of developments of platforms like Vimeo, Youtube and so on.
content review
Through this service layer, content managers have the ability to facilitate consensus based review on the network.