INTRODUCING A BLOCKCHAIN 3.0 PROTOCOL What is ProximaX?
ProximaX is a blockchain-based infrastructure and development platform project that integrates blockchain technology with further distributed and decentralized service layers: storage, streaming, database, and Supercontract (enhanced smart contract). This creates an all-in-one, easy-to-use platform. ProximaX is built for scalability and can include more services in the future without compromising on performance. It is a unique enterprise-grade platform developed on proven technologies and is available in a private, public, and hybrid network configuration.
Different layersArchitectureBLOCKCHAINUsing advanced blockchain technology, this layer powers the entire ecosystem and provides the source of data that interconnects with the other layers in either a public or private environment. Through carefully scripted and guarded access points, a private blockchain solution is now available to verifiable users and entities to participate in the network, thus bringing public chain capabilities into enterprise – a new service we call the Blockchain DMZ (De-militarised Zone).STORAGEThe ProximaX storage layer is deployed through a Distributed File Management System (“DFMS”) protocol which integrates directly with the blockchain layer. Its peer-to-peer distributed architecture makes the network decentralised and users free from the influence of any third-party storage provider, and allows for client-side encryption for maximum data security. This system is immune to common threats of security and privacy as it is based on encrypted and sharded file storage in a peer-to-peer network.STREAMINGUtilizing Sirius Streaming Protocol ("SSP") for high security, high performance, real-time messaging, and streaming services, users can utilize fully anonymous, end-to-end encrypted messaging, and anonymous video streaming. Designed as a privacy routing protocol, SSP is insulated and eliminates the risk of maintaining exit nodes and out proxies. The ProximaX streaming service layer is available in two options: live streaming, for fully anonymous interaction between users; and storage streaming, which provides streaming content from storage which is mostly used for pre-recorded streaming instances.
DATABASEThe database layer consists of a technology stack that uses a document-based database (MongoDB) backed by Tendermint technology as its blockchain enforcement mechanism. This layer is a database with blockchain properties that has simple transfer transaction contracts, its own asset management, and metadata storage. Like any blockchain, the database technology also runs in a decentralised manner and maintains the MongoDB as its ledger to store the chain of records identified by a hash. Developers can build secure applications with powerful indexing and querying functionality where data enjoy optimum loading time, presence and integrity.To maintain its integrity and value, ProximaX steps up the game from traditional blockchain and introduces concurrent advanced and complex consensus algorithms with a combination of 1) Proof of Stake (PoS); 2) Proof of Storage (PoSt), for measuring allocation of distrbuted disk space and; 3) Proof of Bandwidth (PoB), a costly and more precious commodity in delivery of data and streaming media – in a side chain. Bandwidth measurement is rarely factored into mainstream blockchain projects as a reward metric to the node workforce. ProximaX is changing that.
System SolutionsThe ProximaX Sirius platform can be used to develop powerful systems solutions in a rapid and cost-efficient manner for a wide range of use cases. Early traction from a diverse range of uses has been seen in industries ranging from government to F&B to sports to medical diagostics.
ApplicationsParallel to developing the blockchain-powered platform on which third parties can develop their own applications, ProximaX has also developed a range of applications available as white-label products that can be further customised by users and clients.