ProximaX [XPX] - Blockchain | Storage | Streaming | Supercontracts | Databases

[ProximaX.io]

Softoya International joins ProximaX as system integrator

ProximaX welcomes its latest systems integrator, Softoya International (Softoya), a Malaysian-based software and web solutions technology provider.

Softoya International offers high quality ERP systems, customized software, web, and mobile app design and development services with the aim of enhancing the profitability of their clients’ businesses.

Its team of experienced and innovative specialists manage end-to-end solutions, from identifying pain points and barriers, to design and development, to ongoing maintenance and support. Their list of clientele hail from a wide range of industries including telecommunications, oil and gas, automotive, FMCG, engineering, e-commerce, architecture, interior design, real estate, and consulting.

Full article: https://blog.proximax.io/softoya-international-joins-proximax-as-system-integrator/

[ProximaX.io]

Year in Review 2019 by Lon Wong

In 2018, we launched our ProximaX Sirius private net platform within 6 months. It was easy because there was no consensus mechanism that calls for rewards. We planned the design of the reward system for the consensus mechanism in late 2018 and this continued in 2019. The coding of the consensus mechanism, which is an improved version of NXT’s Proof of Stake, began in the first quarter of this year.

2019 has been yet another momentous year for us. First, we had to deal with a moving target of the Catapult code development as it evolved itself. Next, we had to finish the consensus mechanism, the reward strategy, and finally, deal with the swap process of porting over the entire XPX from NEM’s NIS1 chain.

At the same time, we needed to develop the market space. Our emphasis has always been on enterprise and government while we concurrently grow the public mainnet which requires more design input.

We finally launched our mainnet on 25th. September 2019. I should say, our developers have been superb in getting this done within 6 months upon firming up the consensus mechanism design. We are the first to launch a public network based on the Catapult technology, even ahead of Catapult’s public chain release. Our secret sauce has been the strategy we came out with to launch the mainnet ahead of Catapult itself. We have also developed a mechanism for automatic future upgrades. Upgrades will only occur once we have reviewed and decided to merge code that is relevant for our purpose. We have added in many more subtle yet powerful features for the blockchain, including modifying the plugin code to cater for more functionalities. We have tweaked the performance of the technology to be more resilient and resolved some of the bug issues present in the original solution.

This year, we also started designing the Supercontract, a different approach to on-chain smart contracts. We have named it Supercontract because we believe that this is a far more superior approach to what is currently available in the market. Any failure of the Supercontract does not affect the entire blockchain and it is much more efficient and flexible. It has many features of the traditional smart contract but with the added advantage of being massively scalable without burdening the performance of the blockchain. Additionally, one does not need to learn a new language to be able to program a Supercontract. Any of the common programming languages such as Golang, Java, or C++ can be used to program a Supercontract. Another great feature of our Supercontract is that it can optionally be started or stopped based on consensus and is completely decentralized in approach.

The design philosophy of the ProximaX Sirius platform is about parallel and decentralized processing, thereby giving enormous breadth and depth in performance and scalability.

Full article: https://blog.proximax.io/year-in-review-2019-by-lon-wong/

[Bitcoin5oot]

Hello ProximaX community!

How is the project being developed these days?

Would you be interested in having it on BitcoinRoot?

[YMaverik]

Hello ProximaX community!

How is the project being developed these days?

Would you be interested in having it on BitcoinRoot?

There are no communities here. This is a corpse, not a project. There's no faith in this shit

[rockethead]

Please go to our website for more information. If you want to find out more about the project, we are active in Telegram (https://t.me/ProximaXio).

[AmoreJaz]

Please go to our website for more information. If you want to find out more about the project, we are active in Telegram (https://t.me/ProximaXio).

curious here. how many projects have been built so far under your platform? can you give at least a couple of popular projects that are utilising your network?
 i do understand that you are more active in telegram but you should be active here also and give updates every once in a while. it will help users remember your platform

[ProximaX.io]

Two4one and ProximaX to roll out first-of-its-kind Electronic Gift Card Solution for managing relief packages in Africa

NAIROBI / SINGAPORE – 13 APRIL 2020 – Two4one App Ltd (“Two4one”), a Nairobi-based technology company, has been commissioned by the Centum Foundation to roll out its ProximaX Sirius-based Electronic Gift Card Solution (“EGC Solution”) to manage the Centum Foundation’s COVID-19 Relief Program.

The Centum Foundation is a non-profit subsidiary of Centum Investment Company (“Centum”) Plc set up to mobilize the Centum Group’s existing corporate social investment with impactful, scalable, and sustainable initiatives that empower communities.

Stanely Njenga, CEO of Two4one, explained:

“With the onslaught of the COVID-19 pandemic, it is imperative that relief efforts act not only quickly, but find an effective means of helping the poor and vulnerable whose lives depend on hand-to-mouth wages.  We have partnered with ProximaX because of their track record of rapidly developing and deploying solutions using their advanced blockchain technology.” 

The EGC Solution developed by ProximaX for Two4one will track items using the ProximaX Sirius public blockchain.  Distribution records captured by this solution are immutable and tamper-evident, and any discrepancy can immediately be traced thus minimizing the risk of abuse or leakages.  Initially, the program will deploy relief packages to 12,000 recipients with the objective of scaling this to 30,000 recipients and beyond.

A recent food distribution program in Kenya had created major chaos when a massive congregation of people rushed to the collection point with complete disregard for social distancing.  This resulted in the government banning the program. The EGC Solution used by Centum will be the first instance in which state-of-the-art technology is being utilized for crowd control by way of batched and controlled release of EGCs.

Centum, which runs Two Rivers Mall, one of the biggest malls in Kenya, is working with major supermarkets like Carrefour and Tuskys to use this solution to distribute relief packages.

Lon Wong, CEO of ProximaX, said:

“We’ve been working with Two4one on a number of other initiatives.  When there was a call in Kenya for a fast and effective solution to manage the distribution of basic necessities, Two4one was quick to step up to offer our technology.  Within a week, we created a working solution that has now been fine-tuned for deployment. This was made possible by the ProximaX Sirius platform, which is holistic and easy to develop on.”

This project further proves the strength of the ProximaX Sirius platform solution, demonstrating yet again that anyone reasonably skilled is able to whip out a solution in days.

Two4one will be working closely with Centum to ensure a successful rollout and provide ongoing support.  At the same time, Two4one will continue to promote the use of this EGC Solution as an effective means of distributing relief packages throughout Kenya and other African nations.

About Two4one
Two4one is a technology company that assists governments, organizations, and businesses in Africa digitalize using blockchain technology.   As well as being able to help implement customized solutions, Two4one offers Whitelabel blockchain-powered products that are ready-to-use, including for e-payments, digital identity, e-KYC, capital markets issuance and trading, gift cards, loyalty points, notary services, and e-voting.

Email: team@two4one.co.ke | Website: https://rhinoh.wixsite.com/two4oneapp

About ProximaX
ProximaX is a blockchain-based infrastructure and development platform project that combines blockchain technology with distributed service layers.  It integrates blockchain with distributed and decentralized storage, streaming, database, and Supercontract (enhanced smart contract) service layers to create 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.

ProximaX’s extensive utility and flexibility can be used for a wide range of use cases that include, but are not limited to, digital identity, KYC, video streaming and chat, IoT and robotics, big data and AI, records and reporting, business continuity, legal and notary services, medical records, land registry, capital markets, e-payments and core banking, and supply chain management.

Media Contact: Sue Ng, sue.ng@proximax.ltd | Website: https://www.proximax.ltd

[rockethead]

curious here. how many projects have been built so far under your platform? can you give at least a couple of popular projects that are utilising your network?
 i do understand that you are more active in telegram but you should be active here also and give updates every once in a while. it will help users remember your platform

Thank you for replying. It has been a while since I was here. My account got hijacked as well in between and used by some german guy. Been wanting to get back in here. ProximaX has done a lot since its inception. I reckon we are ahead of the curve now with things happening in a more positive manner. Some of the notable projects we did were:

Government:
Ministry of Community Development (“MOCD”), United Arab Emirates - voting and notary application.
National Institute of Occupational Safety and Health (“NIOSH”), Malaysia - certification traceability platform.
Securities Industry Development Corporation (“SIDC”), Malaysia - enterprise resource planning (“ERP”) system.

Enterprises:
Doc on Chain, Philippines - electronic documents signing and storage platform - Docusign version on chain
Dragonfly Fintech, Cambodia - mobile wallet app for fiat currency.
Two4one, Kenya - COVID-19 food distribution app.

There are a few more but they are all "under construction".

In the meantime, we are working to complete our eDLX solution - an exchange that is driven by blockchain for the securities market. I had written something about it much earlier but we finally got it developed.

Of particular interest that we are working on is the Self-Sovereign Identity, a digital identity using blockchain technology. We are an official contributing member to the W3C forum

Recently, we have been certified by the NIST Cryptographic Algorithm Validation Program, one of the few blockchain solutions out there who are verified.

We are getting there, albeit not as fast as I have wished but still we have come a long way, especially since that we are one of the few surviving newer projects of 2018.

[rockethead]

Thought this is an interesting thing we are going into:

https://blog.proximax.io/en/latconnect-60-and-proximax-to-establish-blockchain-based-parametric-insurance-use-case/

[rockethead]

In the meantime, we are also looking out for developers who will want to develop interesting apps like DeFi. We do have our very own Supercontract, our version of a smart contract. If some of you have followed me earlier, I din't think an on-chain smart contract was ever a clever design. We have come out with a version of our own that I believe is more acceptable for most situations, including for mainstream development.

In fact the platform is now ready for people to want to develop any app on the stack.

Please PM me if you would like to hone your skills on this.

[rockethead]

ProximaX working on satellite. Please click here for the announcement.

[ProximaX.io]

Singapore / 8th July 2020 – ProximaX SiriusID Decentralized Identifier (“DID”) method was accepted and published by the World Wide Web Consortium (“W3C”), the leading international standards organization for the Web. The W3C DID standards are designed to enable interoperability of identification systems across different autonomous decentralized networks.

A DID is a new unique type of identity identifier that enables verifiable and decentralized digital identities.  It allows individuals and organizations to generate identifiers using trusted systems and to prove control of those identifiers (authenticate) using cryptographic proofs (for example, digital signatures, privacy-preserving biometric protocols, and so on).


Full article: https://blog.proximax.io/en/proximax-siriusid-decentralized-identifier-method-accepted-and-published-by-w3c/

[onyabike]

seeing as the token is going through a swap? does this hinder the swap total cap? as part of the swap will it still be xpx or a new symbol? once the swap is done can it still be traded on exchanges?

[ProximaX.io]

seeing as the token is going through a swap? does this hinder the swap total cap? as part of the swap will it still be xpx or a new symbol? once the swap is done can it still be traded on exchanges?

Total will be the same. All Exchanges are using our chain now, so you need to swap to use the token.

[ProximaX.io]

We are proud to announce that our eDLX solution for regulated digital assets is now integrated with its own exchange to power secondary market trading.

https://www.youtube.com/watch?v=2h2O6F78H48

[ProximaX.io]

ProximaX Sirius to power LOGYCA Supply Chain Value Network

Bogotá, Colombia, 24th August 2020 – ProximaX recently signed an agreement with LOGYCA to develop a platform utilizing blockchain technology to power their Supply Chain Value Network (“SCVN”).

LOGYCA is a pioneer and a leader in logistics knowledge development, and innovator in SCVN for different economic sectors in Colombia and Latin America. SCVN is a next stage evolution of Supply Chain. It reconciles the Supply Chain with Porter’s model1. Through collaborative work, communities are formed to generate value by adopting globally accepted standards and introducing best logistics practices in inter-company processes.

Under the framework of this project, “Transformation of B2B Information Exchange”, ProximaX and LOGYCA will come together to develop a collaborative platform to address the limitations of traditional technology. It is intended to generate a scalable, autonomous, and interoperable solution that allows for omnichannel information access. The project will provide for a more efficient way of information sharing and exchange from the current practice, thus creating a high value-added pioneering solution.

In line with the visions of some companies on the evolution of SCVNs, ProximaX believes that SCVN through collaborative automation between multiple parties is technically feasible today, but requires innovation in business practices, such as taking advantage of blockchain technology, and multi-party applications.

ProximaX Sirius shall make full use of its blockchain and storage layers to record events immutably, provide messaging exchange, and store information. It shall form the backbone where electronic information is being confirmed, transacted with finality, and time-stamped, thus reducing any error or miscommunication when it comes to information records and messaging.

The use of blockchain to power these SCVNs  shall be a major breakthrough for information sharing and exchange in logistics.

Full article: https://blog.proximax.io/en/proximax-sirius-to-power-logyca-supply-chain-value-network/

[ProximaX.io]

National Institute of Standards and Technology and CyberSecurity Malaysia Certification

We are delighted to announce that ProximaX has been certified by the National Institute of Standards and Technology (“NIST”) headquartered in Maryland, USA. At the same time, ProximaX also received certification from CyberSecurity Malaysia, a government agency under the purview of the Ministry of Communications and Multimedia in Malaysia.

Founded in 1901, NIST is one of America’s oldest physical sciences and measurement standards laboratories. By advancing measurement science, standards, and technology, NIST’s mission is to promote innovation and industrial competitiveness to enhance economic security and bring overall improvement to the quality of life. The ProximaX Sirius blockchain received an endorsement from NIST through the Cryptographic Algorithm Validation Program, one of the globally accepted standards for cryptographic algorithm validation.

CyberSecurity Malaysia was founded as a national body to monitor Malaysian national e-security and provide a range of innovation-led activities to enhance and strengthen cybersecurity matters within Malaysia. Here the Sirius blockchain was certified under Cryptographic Algorithm Conformance testing. This type of certification is a prerequisite for most government projects in Malaysia.

By the same token, the certification from NIST is required when applying or submitting for jobs in many countries, especially where government bodies or large corporations are involved.

The certification by these agencies serves as a great assurance to both the users of the Sirius blockchain and clients of ProximaX that the Sirius blockchain adheres to Malaysian national and international standards and practices.

Full article: https://blog.proximax.io/en/proximax-nist-cybersecuritymalaysia-certification/

[ProximaX.io]

ProximaX forms alliance with universities network, UxTIC

4 August 2020 / Bogota, Colombia – UxTIC, a network of universities founded to promote research in Information and Communication Technology (“ICT”), has formed an alliance with ProximaX for training, research, and knowledge sharing. The collaboration between UxTIC and ProximaX will provide blockchain infrastructure training, decentralized application development and project management, and ProximaX Sirius blockchain certification to professionals and students in the Andean region.

UxTIC’s mission is to raise awareness of innovative ICT and support research and collaborative development to meet the growing needs of government, enterprises, and Latin American society.

Full article: https://blog.proximax.io/en/proximax-forms-alliance-with-universities-network-uxtic/

[ProximaX.io]

ProximaX Central Bank Digital Currency, a Holistic Solution

The central bank digital currency (“CBDC”) race has begun. CBDC is electronic, universally accepted, central bank-issued money. Central banks across the globe are undertaking extensive work on CBDC. It has moved from a bold speculative concept to a seeming inevitability. According to a recent survey by the Bank for International Settlements, 80% of central bank respondents are engaged in CBDC projects. Central banks representing a fifth of the world’s population say that in the next few years, they are likely to issue CBDCs. Technology firms are actively proposing novel CBDC solutions during central bank tenders. In this blog, we will outline why ProximaX’s solution is a holistic and winning formula.

Full article: https://blog.proximax.io/en/proximax-central-bank-digitalcurrency/

[ProximaX.io]

Emerging Tech Labs joins the ProximaX Systems Integrator fold

DUBAI / SINGAPORE, 10th September 2020 – Emerging Tech Labs (“ETL”) has signed on as ProximaX’s latest systems integrator. ETL, an IT and security solutions company, specializes in the emerging technology service areas of blockchain, IoT, big data analytics, artificial intelligence, robotic process automation, and cybersecurity services. As ProximaX’s first systems integrator based in the Middle East region, ETL and ProximaX will be working closely together to market ProximaX solutions in the United Arab Emirates (“UAE”).

Leveraging the layers of services available on the ProximaX Sirius platform, ETL is focused on providing its clients with world-class, blockchain based service systems that are curated and specifically tailored to suit their needs. The ProximaX advantage of being an infrastructure platform with blockchain protocols ensures that solutions built for ETL clients are scalable, configurable, and highly secure. Using the ProximaX Sirius platform as the foundation of database solutions also provides additional benefits to ETL clients as being easy-to-use, flexible, and inexpensive to own and operate.

Following the vision of the Dubai Blockchain Strategy 2020, Smart Dubai is a thriving blockchain ecosystem in the city and is set on establishing Dubai as the world capital of blockchain development. With the onboarding of ETL as a ProximaX systems integrator in the region, we hope to increase ProximaX use cases in the UAE.

Full article: https://blog.proximax.io/en/emerging-tech-labs-joins-the-proximax-systems-integrator-fold/