DataXchain - a new level of information sharing

About:

DataXchain is an “Info Trading Program powered by Deep Learning and Blockchain(hereafter Deep Info Trading)” which complements what data owners provide using what data users like through an excellent tailored data-matching provider. Through ‘decentralizing’ info ownership and trade, DataXchain aims to make a new info paradigm where individuals, instead of data giants, private the rights with their data and so are equitably compensated if their info is used. It as well aims to make a brand-new deep info trading ecosystem where anyone may easily create Digital Property to talk about or sell. With info penetrating almost every facet of our lives and learning to be an essential resource, the options DataXchain may bring are endless therefore is the level to which it could drastically improve our lives.

How does it work?

DataXchain is a community service that's organized in an excellent decentralized approach with a unique, intelligent matching system (IME), where Data Owners and Info Users may collaborate on mutually beneficial circumstances for data exchange. It'll be an entirely new, dynamic and self-developing ecosystem where everyone can make their digital resources (photos, pictures, texts, music, etc.) on the market or get what they want from another individual. All of this will be available thanks to the consumption of blockchain technology and sensible contracts that may perform the correct transactions to cover data acquisition services.

All transactions happen with the aid of a DXCT program token and so are recorded on a distributed ledger to prove they get and also to eradicate fraud whenever using data.

This system was made to eliminate the monopoly of centralized giants and give every citizen a possibility to understand themselves within an intellectual digital space.

X-Deep Learner:

X-Deep Learner acts as a mind of DataXchain. Other front side modules, such for example X-Classifier, X-Labeler, X-Matcher will end up being reinforced by back module, X-Deep Learner and they'll have a cleverness for accurate info handling and processing. Employing Deep Understanding how to classify and label pictures isn’t only much better than any other conventional algorithms: it’s getting to be better than actual human beings. Through the training process, X-Deep Learner learns to find valuable patterns in the digital representation of info, like pictures and music. Specifically, this module permits more advancements for impression recognition, sound recognition, equipment translation, and natural terminology processing, etc. for most great fit data matching. Number xx shows the essential procedure for X-Deep Learner

Token :

The X-FS is a distributed info storage designed exclusively for the DataXchain service. Upon concluding a purchase, the info User pays DXCT, like the data worth and the commission charge. Then, the token is customarily distributed to trading individuals at a set rate. The purchase is usually executed through the chain code predicated on the Smart Deal. The application performs the business enterprise logic applied through the chain code and information the effect on the Ledger. Right now of the data purchase in the DataXchain System, the chain code is completed, and the position is automatically up to date for all transactions, including the DXCT harmony check for every single user along with the DXCT transfer between users, plus they are permanently documented on the distributed ledger within the blockchain.

DataXchain service:

All data on DataXchain are placed in the X-FS and the X-Fabric according to with their attributes. Rather than storing the info directly in the blockchain, the positioning of the info and also the private key of using the data is placed in the X-Fabric, so when the info must be pulled out, the address is usually referred to and the info kept in X-FS will be transmitted to an individual. Because the meta-information of info employed for search and advice is light, it is placed in the blockchain network in the sort of text. Data could be set in the DFS, a distributed repository, to avoid the centralization of the proper to data. Likewise, the X-FS boosts info import from multiple pcs simultaneously (multi-computing), instead of from one pc at the same time, and works with versioning and mirroring to avoid data loss. You'll be able to apply this framework flexibly even when the quantity of data from audio sources, images, etc. placed in the DataXchain System becomes more significant because of continuous growth in the future.

For more information about this project please refer to the following lines:

Website: http://dataxchain.org/ico/main
Whitepaper: http://dataxchain.org/ico/files/DataXchain_whitepaper_en.pdf
Facebook: https://www.facebook.com/DataXchain
Twitter: https://twitter.com/DataXchain
Telegram: https://twitter.com/DataXchain

Author Information:
Bitcointalk ID: cryptopowering
Bitcointalk link: https://bitcointalk.org/index.php?action=profile;u=1771063
ETH ID: 0x3c9D2f192a96b9269e59B97Dab18f58674079487