DxChain is a computing-centric distributed big data storage and computing network. DxChain is a public chain that aims to design a platform to solve big data computing problems in a decentralized environment. Simply put, we can use DxChain to store and trade big data, making data more valuable through computation.
Why did we create DxChain?
Today, only large corporations can run big data tasks and monopolize data-related services. For individuals and small organizations, acquiring data storage services is expensive and difficult to acquire data sources. Worse yet, whether or not you get any reasonable return from data services, everyone is taking on privacy and data security risks.
There are some blockchain-based platforms that aim to provide supercomputer services, but there are no existing solutions on the market to provide a decentralized parallel computing environment that supports big data and machine learning.
Therefore, DxChain will be a real game changer in the market.
How DxChain will change the fundamental meaning of the Internet
Blockchain is one of the most innovative technological inventions in recent years, with many important innovative features such as decentralization and immutability . Unfortunately, the consensus-based protocols that are popular today still use a lot of computing power to maintain the blockchain itself and fail to provide useful work to the community. Today, people can use Bitcoin and Ethereum to buy goods and use the Hyperledger fabric to track the flow of products. However, beyond financial transactions and tracking assets in supply chains, blockchain has few practical applications. That said, blockchain is not fundamentally changing the way people use the internet.
DxChain has designed a platform to solve big data computing in a decentralized environment. Therefore, people can use DxChain as a data marketplace to trade data and create applications on DxChain for various needs, including business operations and business intelligence. Therefore, by applying blockchain to data storage and computation, DxChain will change the fundamental meaning of the Internet.
What are the main competitive advantages of DxChain?
DxChain, a decentralized big data and machine learning network powered by a compute-centric blockchain, includes the following four main innovations:
A new decentralized computing framework that introduces Probable Data Computing and verification game;
A new chain-on-chain design , to orchestrate the main chain and two side chains: the data side chain and the computing side chain;
Introducing Hadoop in DxChain to facilitate big data processing and machine learning;
Based on DxChain's flexible and powerful system architecture is designed to support most business data exchange and data analysis needs.
What is the future of DxChain?
DxChain is designed to support various machine learning and data mining algorithms, data storage, music/video streaming and many other applications. Developers from various sectors can utilize DxChain in different ways. Three use cases in the ecosystem supported by DxChain are described below.
Smart Cities:
DxChain users can run machine learning analytics directly on the datasets generated by sensors on a daily basis and create actionable business intelligence reports to guide their daily business decisions. Our ecosystem developers can leverage it to build their own machine learning applications.
Healthcare:
Reduce the cost of storing data and traffic. Data is encrypted and stored on the blockchain in an easy-to-handle and secure way. Enable data exchange and sharing to standardize data using DxChain's data model. Machine learning enables healthcare providers to build their own AI to monitor patient health and send vital vital signs.
AI Model Training:
DxChain, a decentralized big data and machine learning blockchain can benefit AI providers in many ways. Our ecosystem developers can leverage DxChain to build their own machine learning Dapps.
