Utilizing decentralized storage and computing capabilities, Dxchain serves as a platform to provide Big Data and Machine Learning computing services that take advantage of decentralized data storage, database query and business intelligence services, making it easy for users to sell their data. This platform connects personal computers and mining machines can facilitate the calculation of data at a lower cost.
Industry-proven leader of the big data platform Hadoop will be used as a calculation engine, using the job tracker, the task tracker and the hadoop workers, to communicate with each other through a computer chain to synchronize the work in progress. The nodes will be incentivized using the verification kit and the demonstrable data count (PDC). The master string blocks are formed using the storage chain and the computation chain, thus providing the nodes to be incentivized.
• Master structure and side chain: the master chain is in charge of maintaining transactions and is immutable.
• Immutable master chain and elastic side chain: the side chain is in charge of storage and calculation.
Dxchain network design
It consists of 2 parts of data side chain (DSC) and computer side chain (CSC).
DSC stores non-asset related information that is based on a distributed file storage system, providing several advantages, such as faster configuration times, lower transaction rates, faster transaction speed, and privacy and transparency.
CSC supports specific computer tasks in the Dxchain virtual machine (DVM), it is used to read DSC data and write the result in DSC, once the work finishes the final state, the related cost and the corresponding incentives are stored in the chain master through an intelligent contract, the whole system can maintain a low cost in the master chain using high efficiency computing and data storage in the side chains.
Usecases
Health care: Big Data and interconnected IOT can be applied to drastically improve the situation. Blockchain technology, immutable, untrusted, decentralized and distributed offers ample opportunities to combat fraud, reduce operating costs, optimize processes, eliminate duplication of work and improve transparency in the health care industry.
Smart City — Internet of Things and blockchain are valuable tools for city leaders in their quest to be “smarter”, defined by the Smart Cities Council as a city “that has digital technology embedded in all the functions of the city” .
Internet of Things -. IoT devices in general are very complex, but with the use of Blockchain technology. It is very convenient for authentication and data transfer, which also prevents the alteration of data or duplication with malicious sources. Also with its peer-to-peer method it eliminates third parties and reduces additional costs.