eComX INTEROPERABILITY SOLUTION
CENTRALIZE TO DECENTRALIZE COMMUNICATION
As mentioned before, blockchains are currently islands on a sea with no viable means to connect with their outside centralized world. As most of the tradable assets in the world have a digital representation that exists only in the centralized world, it is of upmost urgency to solve the issue of interoperability and create no just bridges to the decentralized islands represented by blockchain, but actual super-highways as the need to connect the centralized assets to the blockchain is critical for the Internet of Value to come into fruition.
With this in mind, eComX is developing the eComX token, smart token capable of wrapping the asset data structure and transporting it into the eComX blockchain for secured circulation nad processing. This approach insures that the ownership signatures of the asset stays with the asset on only the data needed to conduct a successful transaction in the blockchain is transported into the eComX blockchain.
The figure above illustrates how assets or transactions once wrapped by eComX Tokens enter the blockchain to be processed. Once circulating in the blockchain, the eComX token fire events which are listened to by smart contracts and these events in turn are sorted and grouped into blocks by consensus to be executed by eComX parallel computing network of nodes.
To achieve the interaction between different tokens, eComX is fitting its EComX Token with the mechanism to listen for events themselves. This gives elasticity to the tokens as they can be combined into more complex transactions for instance, we could envision a purchase request coming from a marketplace, to be listen to by a shipping token, a logistics token, and an inventory token to create a packaged transaction which in turn can be computed and tracked from the purchasing step to the delivery step.
eComX.org is a non-government organization based on the USA & Switzerland.
www.eComX.orgwww.eComX.worldinfo@eComX.world
