Dxchain.com is a blockchain network designed to facilitate big data processing and machine learning. Beta-launched in 2018, DxChain’s main goal is to allow its users to safely exchange big data sets and potentially benefit from improved analytics based on this data. DX token generation is based on the value and quality of data users submit through the platform.
With decentralized data storage, Dxchain.com offers users a secure environment to perform machine learning experiments and tests. Blockchain technology also provides increased computational power for machine learning and big data processing.
Dxchain.com is the world’s first decentralized big data and machine learning network powered by a computing-centric blockchain. In other words, DxChain is a public chain, aims to design a platform to solve computation of big data in a decentralized environment.For simplicity, we could use DxChain to store and trade big data, so as to make data more valuable with the computation.
Nowadays, only large corporates have the capability to run big data tasks and monopolize the data-related services. For individuals and small organizations, it is costly to get data storage services and difficult to acquire data sources. Even worse, the privacy and data security risks are taken by everyone, no matter if you are able to get any rational reward from data services.
Dxchain.com are some blockchain-based platforms designed to provide supercomputer services, however there are no existing solutions in the market to provide decentralized parallel computing environment that supports big data and machine learning.
What Makes DxChain Unique?
Dxchain.com is a blockchain platform that allows data scientists to store and exchange large amounts of sensitive data. Because of blockchain’s inherent security and fraud prevention, DxChain is one of the most secure interfaces data scientists can use to work with, send and receive data sets.
Designed as a data trading platform, DxChain allows users to share confidential data sets without worrying that they will be leaked or distributed without their consent. Not only that, the computational bandwidth DxChain offers makes it easier for data scientists to work with the data sets they purchase through the platform. In this sense, the DxChain platform is an all-in-one data science tool that allows users to acquire and manipulate large data sets.
Finally, the founding team has made sure to completely decentralize the process so that there is no chance for a third party to get access to the data shared on the DxChain platform.
What are DxChain’s major competitive advantages?
Dxchain.com Four major innovations make DxChain stand out from other blockchain projects and existing big data services:
PDC (Provable Data Computacion):
A new decentralized computing framework to introduce the Provable Data Computing and verification game
Dxchain.com new chains-on-chain design to orchestrate a master chain and two side chains – data side chain and computing side chain.
Support business data exchange and analytics:
Flexible and powerful DxChain-based system architecture, dedicatedly designed to support most business data exchange and data analytics requirements.
What is DxChain’s future?
The DxChain is designed to support a variety of machine learning and data mining algorithms, data storage, music/video streaming and many other applications. Developers from various sectors could leverage DxChain in different ways. Three use cases in the DxChain powered ecosystem are described below.
Dxchain.com users can directly run machine learning analysis on the dataset which sensors generate each day and create actionable business intelligence report to guide their business daily decisions. Our ecosystem developer could leverage it to build their own machine learning app.
Reduce cost for storing data and traffic. Data encrypted and stored in blockchain in a tractable and secure way. Data exchange and sharing is enabled using DxChain’s data model to standardize data. Machine learning enables healthcare vendors to build own AI to monitor patient’s health and to send in critical vital signals.
AI Model Training:
DxChain, a decentralized big data and machine learning blockchain could let the AI vendors benefit in many ways. The ecosystem developer could leverage DxChain to build their own machine learning Dapp.
How Is the DxChain Network Secured?
Dxchain.com utilizes several different levels of consensus compatibility. With a chain-on-chain architecture, the platform relies on a proof-of-spacetime (PoSt) consensus mechanism to secure data storage. On the other hand, the platform also employs provable data possession (PDP) to allow users to migrate data from unsecured servers to the DxChain network.
Unlike traditionally popular consensus mechanisms like proof-of-work (PoW) and proof-of-stake (PoS), DxChain relies on diversifying its security and the PoSt consensus mechanism in order to secure the cloud-computing capabilities. PoSt verifies blocks by ensuring that users are still storing the declared data on the blockchain. This consensus mechanism also allows users to verify that they have used storage space on the blockchain over an extended period of time.
Where Can You Buy DxChain (DX)?
Dxchain.com token can be traded on the following exchanges:
Not All The Websites Which Listed In Top List Are 100% Safe To Use Or Investment. they Do Not Promote Any Of Those. Due Diligence Is Your Own Responsibility. You Should Never Make An Investment In An Online Program With Money You Aren’t Prepared To Lose. Make Sure To Research The Website. So Please Take Care Of Your Investments. And Be On The Safe Site And Avoid Much Losing Online.
The Information Presented Here Does Not Constitute Investment Advice Or An Offer To Invest. The Statements, Views, And Opinions Expressed In This Article Are Solely Those Of The Author/company And Do Not Represent Those Of Coinworldstory. We Strongly Advise Our Readers To Do Your Own Research (DYOR) Before Investing In Any Cryptocurrency, Blockchain Project, Or Ico, Particularly Those That Guarantee Profits. Furthermore, Coinworldstory Does Not Guarantee Or Imply That The Cryptocurrencies Or Projects Published Are Legal In Any Specific Reader’s Location. It Is The Reader’s Responsibility To Know The Laws Regarding Cryptocurrencies And Icos In His Or Her Country. Please Respect Your Country Law & Take Advice From Your Advisor .
One of Coinworldstory's longest-tenured contributors, and now one of our news,ico,hyip editors, Verna has authored over 6900+ stories for the site. When not writing or editing, He likes to play basketball, play guitar or visit remote places. Verna, to his regret, holds a very small amount of digital currencies.