Bitcoin Forum
June 27, 2024, 10:23:10 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: ConnectX : Pioneering Blockchain in Space  (Read 92 times)
Jaic (OP)
Newbie
*
Offline Offline

Activity: 4
Merit: 0


View Profile
February 11, 2018, 09:47:10 PM
 #1

ConnectX is pioneering a technology where servers and data centers will be actually located in space.
Compared to cloud based remote servers and data warehouses, data will be stored in a private networks of small satellites.
Financial transactions will be process off-planet, eliminating the use of internet.
This technology will revolutionize the traditionally way of transmitting, storing, and analyzing data.  

Why Space?

Quoting ConnectX White Paper, below are the advantages:

Less Cost. More Security. Global Accessibility.
Enterprise private clouds on earth can cost $900-2000 TB/year and are still very susceptible to information security
attacks: Equifax, Sony, Target, Anthem and the U.S. Government have all experienced signi_cant security breaches.
Through the use of proprietary and patented technology, ConnectX will lower the cost to $50-500 TB/year (depending
on the level of security) and have a system with security not yet seen in the market. We are deploying new data
transmission and storage technology based on 3D symbols rather than binary code, providing an order of magnitude
increase in capacity, speed, security and performance.
Space gives ConnectX an unfair advantage. Economically, we do not have to pay for real estate, electricity, cooling,
staff or security. From a security perspective, no one can physically access our system and no government or entity
can force the exposure of your information. By directly connecting the user device to our satellites, we eliminate the
use of the Internet and provide accessibility anywhere.”

To attend one of the webinar, please click the link below:
https://vrlps.co/a?pt=ytIdzeU9mEfpppWFMrBNixgDNqw&referralCode=rkHLb4k8f&refSource=copy

To know more of this new technology and their ICO, please visit the site below.
Bitcoins in Satellites:  https://connectx.com/bitcoinsinsatellites/
Tokenomics:  https://connectx.com/tokenomics/
Blockchain:  https://connectx.com/blockchain/
HashFace
Full Member
***
Offline Offline

Activity: 406
Merit: 114


View Profile
February 11, 2018, 10:10:22 PM
 #2

That is an unfortunate name for this project.  It is too reminiscent of BitConnectX, which I guess is supposed to be the latest reincarnation of BitConnect.  

Other than that, is seems impossible for me to beleive that data centers located in orbit will reduce costs, from up to $2000/TB down to as little as $50/TB, from data centers located on earth.
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!