DxChain ICO - a special project for your success

in #ico6 years ago (edited)

At the heart of the DxChain ICO project lies the notorious BlockChain technology. Its main purpose is to organize a full-fledged platform that allows users to exchange large data through it as an analytical service. Also, the system provides integration of AI (including machine learning), as well as the ability to work with large data sets (hereinafter - big data).
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Distinctive features

The DxChain project is the first decentralized system that is used to collect and analyze more information arrays and machine learning, implemented on the "foundation" of all the same blockbuster. In a simpler language, the DxChain platform is being developed to solve a number of problems in which you have to deal with large amounts of information.

Last year, this market confidently overtook oil, and information resources have become much more valuable. That is why the control of intellectual property has priority, and the smartest heads of the whole world are trying to find new directions of development using decentralized systems.

The DxChain system has 2 key capabilities:

Performing computational operations;
Storage of data sets.

To date, only large organizations with high turnover can afford a network launch so large scale. For its organization, not only specialized equipment is required (which requires both money and a place for accommodation), but also access to consumer information.

A simple example: Google has data about who and how to use their navigation services, for example, Google Maps. But users of this application can't control or use this data. This is the main difference - the DxChain network implies the transfer of consumer information to end users.

About “Big data”

Big data - an array of giant information, often associated with PF (behavioral factors), as well as human interaction with the interface. Today, almost every action we make, whether real or virtual, is imprinted in the form of a "digital trace". When visiting various Internet resources, we make transactions, leave personal information, use navigation data, etc.

And, as you understand, with the onset of the information era, the "digital footprint" has acquired greater significance than ever before. The term big data refers to the methods of collecting and analyzing such huge data sets. This will make it possible to systematize and associate data, and subsequently gain a weighty advantage in a particular field of activity.

The tasks of DxChain in the field of "large data"

The DxChain platform applies provable operations on data to ensure their integrity and completeness. Due to its design features, it's classified as a block with 1 main and 2 lateral branches. also supported the support of smart contracts.

The scope of the DxChain platform is quite wide. It will cover: a wide range of capabilities provided by artificial intelligence, as well as storage of big data, streaming video and audio files. To ensure maximum protection of confidential data of its customers, DxChain uses methods of obfuscation (or "entanglement").

Architecture

One of the goals of the project is the implementation of a distributed storage system using BlockChain technology, similar to Hadoop. In other words, a network of multiple PCs is the "center" for performing complex operations, where each computer contributes.

Hadoop is an open-source project designed for secure storage of information, as well as for distributed computing. For more effective work with large data, special algorithms are used, for example, the possibilities of artificial intelligence.
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The DxChain project sets itself the task of providing the ability to perform operations with data, including transmission and streaming.

To date, this system is widely used, because it's an affordable and highly efficient solution. The creators of DxChain believe that the integration of blockchain-technologies will allow solving more complex problems in a shorter period of time.

The first component of the DxChain multi-purpose architecture is the main chain of blocking. It stores information about user activity. Here you can find states, operations, smart contracts, etc. She is also the coordinator, tying herself to the side branches of the blockchain. The algorithm of finding a consensus (proof-of-work) is used to ensure the security of confidential customer data.
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Then follows a data chain built on a 1-rank storage system. Its main task is the safe storage of big data, which is not connected with assets. The algorithm of finding the consensus Proof-of-space is used.

And the last, the key component of the platform is a chain that supports distributed computing. If you compare with BitCoin, where the hash is used for the crypto currency, this chain is used for effective work, for example, to solve certain kinds of problems. For realization, a unique principle called by developers "promotion of computing power" is used.
Spatial-time algorithm
This algorithm of finding a consensus convinces the profiler (in this case - the system) that a certain amount of the resource "space-time" was spent by a certain user. As a resource, a time interval is used, during which the user stores data or uses the computing power of the platform.

Compared with the consensus proof-of-work algorithm, proof-of-space is less energy-intensive, as the "complexity" is increased by extending the time interval during which the information is stored. This makes it possible to avoid large costs for distributed computing.

Capabilities

For a better understanding, here's a simple example of using the platform. First, the user enters the task into the main chain. After that, it's redirected from the main circuit to the computation section. It extracts the necessary information from the data and begins to perform certain computational operations. After their execution, the computational section writes the results of the actions to the data chain.
At the same time, the main thread will be informed that the job has been successfully completed - the user can see the result. All nodes that participated in the whole process receive a certain reward for providing computing power for storing, transmitting and processing information. The reward itself, as already mentioned above, is determined by the time it takes to provide one or another function of the platform.

In the medical field (for example, various research institutes and pharmaceutical corporations) need to store information about each patient to monitor the research. In general, the operation of confidential information is associated with a number of difficulties, the main one of which is security. As you know, this slows down the pace of work. Plus, the patients themselves can't control information about themselves.

The DxChain platform provides users with secure storage of information, its transfer and processing within the framework of blocking technology. In addition, they will receive a reward for the use of data.

About the developers

Over DXChain ICO employs a team of highly qualified and experienced professionals from China. To create the project attracted more than 14 people, among them:

  • Allan Zhang (Allan Zhang). One of the founders of the project, an expert on BlockChain technology and network security. In 2013, he founded Trustlook;
  • Wei Wang (Wei Wang). One of the founders, as well as the curator of the project. Prior to that, he held a similar position at AT & T, where he researched the technology of blockade. He graduated from the Columbia University of New York. Expert on working with large arrays of information in the company Hortonworks;
  • James Lee (James Lee). He is also a co-founder. Has extensive experience in the field of BlockChain and network security;
  • Taosheng Shi (Taosheng Shi). Engineer of block connections. Has a huge experience in the field of distributed computing. Prior to that, he held the post of chief architect in the Finnish company NOKIA;
  • Li Lu (Li Lu). A blockbuster researcher with vast experience in this field. One of the leading experts. He graduated from the University of Rochester with a degree in "Expert in Distributed Systems".

Terms of ICO

The channel in the Telegram application: DxChainBot. You can get additional points by joining the channel through bot, pass the "Know Your Customer" control standard or by subscribing to the social network of this project.

The sale of digital tokens will begin in the middle of this year. At the moment, the exact date is not announced. The sale will take place in 3 stages: private, presale and public.

General conditions for conducting:

  • The total number of digital tokens DX - 100 billion;
  • The number of tokens allocated for sale is 300 million;
  • The minimum amount needed to implement the project is 8000 ETH;
  • The maximum amount collected is 16,000 ETH;
  • The exchange rate is 1 DX = 0.0014 $.

Conclusion

The structure of the DX platform can be a real breakthrough, allowing you to get much more out of BlockChain-technology than at the moment. And if you consider that the platform will support the introduction of artificial intelligence, the range of its application can be extended to any field of activity.

At this stage, the project has good funding, attracting new highly qualified personnel. Together they are gradually laying the foundation for further development.

The organization has a clear timetable to which it strictly adheres. At the time of this writing, the project is at stage Q3 - launching the beta version of the server. You can follow the progress of the work on the official website.

The project has a high potential and excellent prospects for further development, but we can't predict success or failure, of course - time will reveal all the cards.

Final. How to participate in the DxChain ICO

First of all you need to do star the DxChain Bot. Please use this link:
https://t.me/DxChainBot?start=8x1ckf-8x1ckf

Then follow simple instructions and pass the KYC.
Last day of the KYC is 27 july
Please use this simple instruction https://steemit.com/dxchain/@dxchainnetwork/how-the-whitelist-score-works

Also DxChain has a scoring system. After you pass the KYC please check DxChain Bot for future instructions.
The higher score you get, the higher the probability that you can join the public sale.

LINK

DxChain Bot: https://t.me/DxChainBot?start=8x1ckf-8x1ckf
Official Web Site: https://www.dxchain.com/

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