How it works
= X is an enterprise-oriented blockchain for business. It is easily integrated with multiple technologies user popular programming languages, and supports out-of-the-box modular solutions. The =X blockchain will set a new industry standard for enterprise.
Technology
Many companies considering blockchain technologies remain hesitant due to the lack of an ecosystem of blockchain-based business solutions and a common standard for them. Although companies have enough experience with industrial systems and consumer products, incorporation of the blockchain technology into their business still seems complicated and expensive.
Some companies continue to use conventional solutions even when they become technologically obsolete because their replacement would cost more than current inefficiencies. The = X blockchain is a powerful and flexible solution that can be used by financial institutions and businesses to build the core of their future proprietary technology platforms.
In order to ensure stability of = X blockchain, we use a cross-chain that can be directly linked to blockchains based on stable assets such as USD or gold.
Specifics
A. Very high transaction speed.
A possibility to redistribute the sidechain’s10 workload enables high scalability and
paralleling blockchains that helps to increase the speed multi-fold.
B. Confidentiality.
The transaction can be effected in a confidential or in an open regime. We will strive
to get the confidential transactions regime in line with various countries’ legislation
on confidentiality, such as banking secrecy law, and at the same time, get an open
transaction mode accepted as a juridical evidence of the transaction.
C. Protocol.
Standardized modules of widely spread technologies with blockchain technologies
enable quick extraction or addition of technological modules.
D. Industry standards.
Developers will use common and familiar programming languages and standard
architecture. This will simplify training and eliminate the need to have a holistic and
deep understanding of the solution model.
E. Private blockchains.
= X enables creation of completely private blockchains to leverage blockchain
opportunities in no-disclosure or restricted data use situations. In such cases, = X
blockchain can be rolled out in a private mode. Usage of a private blockchain network
ensures data confidentiality.
F. Blockchain replacement.
To eliminate the risk of using limited functions of becoming technologically obsolete,
= X blockchain will be able to connect to, and fully interact with other blockchains via
cross-chain. This will enable quick interchangeability and augmentability of
technologies without the need to replace the core blockchain solution.
H. Cross-chain.
Cross-chain provides an option to create connections between separate blockchains
and perform cross-network asset transactions. This is also a solution to connect
several private blockchains to each other or to other public blockchains. Cross-chain
enables seamless transactions, thus eliminating the need for multilevel settlement
and payment systems.
