A few years ago we could read the phrase "Blockchain is the Future" everywhere.
Today we are living that "future." Blockchain is already part of our lives, adoption levels are on the rise and this is a reality that will not change.
Competitiveness standards have risen so much that in order to be successful it is necessary to offer multifunctional, multitasking, multiplatform and multimedia products, all this in order to meet the demands of high demand.
This has been the barrier to be overcome by any entrepreneurial company that intends to offer its products and services.
To achieve this, developers must now tackle multiple tools that allow them to create products, dapps and solutions that adapt to the demands of the new challenges. This implies the use of different APIs, programming and coding languages that are not made to work together, so what we get are similar ecosystems to those old “Clone” type PCs with components of different brands and manufacturers .
Obviously this represents a major limitation that goes against the current dynamics and growth rate of the Blockchain industry.
PROXIMAX SOLUTION
It is a platform for the creation of Dapps and decentralized technological solutions, which offers a complete Suit of tools for developers, with the support and technology of the NEM Blockchain and Catapult platform.
PROXIMAX is Blockchain technology, but it is also much more, since it integrates a number of out-of-chain service components based on SaaS and IaaS, thus expanding traditional Blockchain protocols.
The primary services offered are those of storage and transmission of media, for this it has unique characteristics of consensus, database and protocols.
Consensus
The consensus algorithms implemented by Proximax, are a combination of:
• Importance test (PoI), perfected by NEM
Each user is given a confidence score, or POI, which the higher it is, the more chances it has to be rewarded. Your Importance is calculated based on how much you use the network regularly. The Importance Test is one of NEM's main innovations in the blockchain industry. It is a novel algorithm that uses network theory to assign a rating of the importance of each account in the network. Many other blockchains use Proof of Work (POW) or Stake Proof (POS) to assign rewards.
• Storage test (PoSt), to measure the allocation of distributed disk space.
• Bandwidth test (PoB), an expensive and more valuable product in the delivery of data and transmission media in a side chain.
Audio and video streaming (Streaming)
Backed by the PeerStream (PSP) protocol, it will allow video conferences and live broadcasts with end-to-end encryption. Security and privacy is fully assured with the implementation of PSP since the identities of the participants will be cryptographic identities instead of relying on the central authentication services, thus metadata such as IP addresses are not compromised or disclosed.
Storage
Since the storage is done in a fully distributed way, without the participation of third parties in the process, since the files are replicated between nodes of the network.
Storage will be increasing and efficient, depending on the number of nodes participating in the network. The more nodes participating, the better performance it will have, since the physical storage resources of each node will be available, as well as part of the bandwidth of the connection.
PRE-ESTABLISHED PRODUCTS
Proximax is a platform where developers and companies can create their products according to their needs. With its fully friendly API, developers can create Dapps without resorting to external sources, all within the Proximax environment.
But they will also find a library of pre-programmed solutions, with high quality products that will facilitate the work.
ProximaX KYC. Allows quick and easy incorporation of end-to-end counterpart.
ProximaX Suite. Is an end-to-end office suite ready for businesses
ProximaX File It!. Is a client-based file sharing application
ProximaX Notes. The equivalent of ProximaX to a tool for taking notes with the ability to embed images.
Forensic ProximaX. Is designed to achieve greater efficiencies and data security,
ProximaX Identity. Is a highly secure verification system for personal information
Use Case in Asset Exchange
Imagine a crypto payment platform that allows you to combine the assets you own to make a single transaction.
That is, suppose that in my portfolio I have btc, eth, ltc and dash and I want to make a payment using my crypto assets.
I would like to use a percentage of each of those cryptocurrencies to complete the amount of my payment, without having to access each of those accounts or make transfers or conversions. Simply pay and that a multifunctional application controlled by me, have the necessary percentages of each of my assets and channel them in a single transaction.
This solution is fully feasible with the implementation of all the security advances, storage and pre-programmed Apps offered by Proximax.
You can find more Enterprise Business Use Cases that are already a reality thanks to Proximax solutions, Here
Links and more resources
Website: http://www.proximax.io/
Email: info@proximax.io
Twitter: http://www.twitter.com/ProximaXio
Facebook: http://www.facebook.com/ProximaXio
Telegram: t.me/ProximaXio
Reddit: http://www.reddit.com/user/ProximaXio
Instagram: http://www.instagram.com/proximaxio
