Whitepapers ProximaX XPX White Paper Explained Summary

ProximaX XPX White Paper Explained Summary

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ProximaX XPX White Paper

Summary:

– ProximaX is a next-generation Integrated and Distributed Ledger Technology development platform powered by blockchain technology.
– ProximaX is supported by a multitude of plug-ins (core-services) held together by a common blockchain protocol.
– The blockchain protocol has a standardized framework, which allows for further core services to be plugged-in.
– ProximaX Sirius is a paradigm shift in decentralized services, resulting from the natural evolution of the original open decentralized systems.
– ProximaX allows developers to create their own decentralized applications (DApps”) and system solutions for commercial use.
– The immense flexibility and breadth of use cases brought by ProximaX Sirius multiple core services include, among others, KYC processes, business continuity, video streaming, health, identity, IoT devices and robotics, big data applications, records and reporting systems, traceability, legal and notary services, land registry, trade finance, payment and settlement, security issuance, management and exchange, workforce collaboration, messaging, and supply chain management.
– ProximaX is made up of different sub-components (core services), each with its own ecosystem.
– All sub-components are then held together by the blockchain protocol (Sirius Chain), which acts as the platforms backbone.

Explained – ProximaX XPX White Paper. Learn in depth about differnet coins on the blockchain by understanding whitepapers.

There is a lot to learn about this futuristic tech, lets get started to dive into the ProximaX XPX white paper and start to leverage it to build a more secure and trusted ecosystem for Industry 4.0 applications.

We will deep dive into how the coin works by understanding the whitepaper and its summary. ProximaX XPX.

Lets understand ProximaX XPX after going through the ProximaX XPX white paper.

Without wasting any further time lets get started to dive right in and lets understand white paper first.

What is white paper?

A white paper is an informational, influential, well-structured document, usually published by an organization, to provide in-depth information about a specific solution.

A white paper is used to provide a good insight into the challenges for a specific problem and a proposed solution for the same.

ProximaX XPX White Paper

ProximaX XPX white paper will be going to provide you, all the information that is needed to get started with ProximaX XPX, including the inspiration for creating, the problem it is trying to solve and the solution proposed by ProximaX XPX.

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Introduction

ProximaX is a next-generation Integrated and Distributed Ledger Technology (IaDLT”) development platform powered by blockchain technology. Known as ProximaX Sirius, it is supported by a multitude of plug-ins (core-services) such as streaming, storage, and Supercontracts; held together by a common blockchain protocol for identification, incentivization, message recording, state management and asset exchange. With the blockchain protocol having a standardized framework, further core services can be plugged-in to utilize the platforms extendable infrastructure.

The ProximaX Sirius platform is a paradigm shift in decentralized services, resulting from the natural evolution of the original open decentralized systems. It is designed to meet current challenges faced by users and developers.

A distinctive feature of ProximaX Sirius is its everexpanding ecosystem of diverse node actors, each providing their own unique services wrapped in an accessible application programming interface (API”) through a set of software development kits (SDKs”) and HTTP/S endpoints.

The ProximaX project allows developers to create their own decentralized applications (DApps”) and system solutions for commercial use. The immense flexibility and breadth of use cases brought by ProximaX Sirius multiple core services include, among others, KYC processes, business continuity, video streaming, health, identity, IoT devices and robotics, big data applications, records and reporting systems, traceability, legal and notary services, land registry, trade finance, payment and settlement, security issuance, management and exchange, workforce collaboration, messaging, and supply chain management.

Given that the platforms scope of capabilities is broad, it is imperative that it be made up of different sub-components (core services), each with its own ecosystem. All sub-components are then held together by the blockchain protocol (Sirius Chain), which acts as the platforms backbone.

White Paper Link: ProximaX XPX White Paper

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