View
2
Download
0
Category
Preview:
Citation preview
BITCOINXASH
Contents ........................................................................................................................................................ 2
............................................................................................................................................... 2
....................................................................................................................................................... 6
........................................................................................................................... 6
...................................................................................................................................................... 7
........................................................................................................................................ 7
..................................................................................................................................................... 8
............................................................................................................................. 8
...................................................................................................................................................... 9
.................................................................................................................................. 9
Company website: https://bcx.co.za Official website : https://bitcoinxash.com Twitter : https://twitter.com/bitcoinxash Github : https://github.com/bitcoinxash
Blockchain-as-a-Service: What It Is and Why It’s the Next Big Cloud Solution
Microsoft, Amazon, and IBM are racing to bring Blockchain-as-a-Service (BaaS) – hailed as a key
competitive differentiator – to the Cloud environment. Here are some insights into how it
works.
A blockchain is a digital ledger in which transactions made in Bitcoin or another cryptocurrency
are recorded chronologically and publicly. The blockchain revolution began with bitcoin, which
used distributed ledger technology to foster trust in a currency and transaction mechanism not
backed by any government or traditional institution. Blockchain technology allows digital
information to be distributed but not copied, laying the foundation for a new type of internet.
Originally devised for Bitcoin, the tech community is now finding other potential uses for the
technology. To date, the total value of the currency is close to $9 billion, an indication of how
blockchains can make other types of digital value. According to Gartner, the blockchain
revolution promises to touch every industry: “Visionary entrepreneurs and CIOs building and
expanding digital businesses are keeping the flow of transformation going. Their goal is to
reinvent the very nature of commercial activity by removing intermediaries and enabling more-
fluid business processes to be conducted in diverse ecosystems.” With BaaS from giants like
Microsoft, Amazon, and IBM, companies can create private-, public- and consortium-based
blockchain environments using industry-leading frameworks very quickly, and distribute their
blockchain products equally fast.
“Blockchain is the technology behind Bitcoin, a type of encrypted digital currency. But unlike
Bitcoin, Blockchain is not a strictly financial tool. Although it is designed as a general ledger, in
its simplest sense, it’s a way to move and store blocks of cryptographically validated data that
users can’t corrupt. In other words, it creates a transparent paper trail that anyone can access,
but no one can alter. That makes Blockchain far more than a financial tool—it makes it the
latest way of sharing, validating, or otherwise endorsing almost any kind of value point, be it
“money, titles, deeds, music, art, scientific discoveries, intellectual property, and even votes.” –
Forbes
The good news is you don’t need to know how blockchain works to use it, but a basic overview
of this new technology will demonstrate why it’s revolutionary and why, as more companies
discover its power and what it can do for businesses, it will be in even greater demand.
According to Don and Alex Tapscott, authors of ‘Blockchain Revolution’ (2016), “The blockchain
is an incorruptible digital ledger of economic transactions that can be programmed to record
not just financial transactions but virtually everything of value.”
Online Blockchain hub BlockGeeks, describes it as follows: “The blockchain network lives in a
state of consensus, one that automatically checks in with itself every ten minutes. A kind of self-
auditing ecosystem of a digital value, the network reconciles every transaction that happens in
ten-minute intervals. Each group of these transactions is referred to as a ‘block’.”
Two important properties result from this:
#Transparency — Data is embedded within the network as a whole, thus by definition it is
completely public.
#Incorruptibility — It prevents history from being re-written by allowing information to be
extended, but never appended, which ensures complete integrity of all involved. Altering any
unit of information on the blockchain would mean using a huge amount of computing power to
override the entire network.
DID YOU KNOW?
A new IBM study found that one-third of C-level executives are using or considering adopting
blockchain technology in their organisations. The study found that executives hope to enable
new transaction applications that could help establish trust, accountability and transparency
among their organisations and partners. 80% of the 3 000 executives surveyed indicated that
they were using or considering the technology either to develop new business models or in
response to a financial shift in the industry. Furthermore, 71% of business leaders who are
actively using blockchain believe that industry consortia play a key role in advancing the
technology, suggesting widespread support for industry standards.
How can blockchain be used?
Writing for Forbes, Daniel Newman explains some of the uses of blockchain and how it can
fundamentally change businesses.
1. It can eliminate the middle man
Blockchain validates transactions, as well as the value of the items being transacted, thereby
reducing the middle man. “With Blockchain,” says Newman, “artists can go straight to the
people, rather than through music labels, to protect their own music and royalties. Move over,
Spotify. Artists may once again be able to make money for their music.”
It can manage “smart contracts”
Smart contracts are computer protocols that facilitate, verify, or enforce the negotiation or
performance of a contract. They are self-executing contractual states, stored on the blockchain,
which nobody controls and therefore everyone can trust. “You think digital signatures are the
wave of the future?” asks Newman. “Think again. With Blockchain, smart contracts will not just
facilitate the gathering of signatures, but the enforcement of a contract’s performance.”
2. It can bring the unbanked into the global economy
Because a distributed ledger or smart contract uses the blockchain as payment protection, a
remittance system or even a bank account, it paves the way for an alternative financial system
and more financial inclusion for billions of ‘unbanked’ people across the globe. “For those who
don’t have a bank – or don’t believe in them – blockchain can help manage and certify their
own financial value without the need for working with a banking institution,” says Newman. “It
can keep track of their ‘money’ digitally, and allow them to process payment by phone or app.
3. It can validate almost anything
The blockchain means it’s possible to receive a digital identity nationally and internationally. In
one example, Bitnation, a decentralised organisation incorporated on the Bitcoin blockchain,
has set up a system which uses blockchain to help solve the refugee identity crisis in Europe,
helping Syrians get emergency identity documents in order to cryptographically prove
individual identity and family relationships. By donating €12 anyone can provide one refugee
with a Bitnation Bitcoin Visa Debit Card.
“From voter authentication to government processes, health information, and proof of
intellectual property, Blockchain can serve as a secure process to validate almost anything of
value, and to keep it safe,” Newman explains. “Indeed, because of the Blockchain structure, it’s
far safer than standard Cloud environments.”
4. It can provide a secure foundation for the IoT
An ecosystem of ever-increasing complexity, the Internet of Things (IoT) is the next wave of
innovation and the next level of automation for every object we use. Experts believe that
blockchain technology will address the security, privacy and reliability concerns around the IoT
as it can be used to track billions of connected devices, enable the processing of transactions,
and coordination between devices.
“Many have concerns that the Cloud—and even fog—will not be secure, fast, or large enough
to handle the influx of information created by the Internet of Things (IoT),” says Newman.
“Blockchain picks up where Cloud technology leaves off by creating highly secure venues for
information sharing – far better than Cloud alone.”
The time is right to get educated and understand the blockchain and its many aspects. Yes, it’s a
currency, ledger and transaction platform, but it is also much more. Beyond just a process
improvement technology, it’s also an enabler for new service models and technologies. The
challenge is to use it to go after new customers and do things that were not done before.
TAKE ACTION
1. Crowdfunding initiatives like Kickstarter and GoFundMe are extremely popular in the peer-
to-peer economy. The popularity of these sites suggests people want to have a direct say in
product development. Use blockchains take this interest to the next level, potentially creating
crowd-sourced venture capital funds.
2. Consumers increasingly want to know that the ethical claims companies make about their
products are real. Distributed ledgers provide an easy way to certify that the backstories of the
things we buy are genuine. Transparency comes with blockchain-based timestamping of a date
and location that corresponds to a product number.
3. Smart contracts can protect copyright and automate the sale of creative works online,
eliminating the risk of file copying and redistribution.
BITCOINXASH is a form of digital online money using blockchain technology that can be easily
transferred all around the world in a blink of an eye with nearly non-existent transaction fees
with market leading security & privacy.
Premine : 200,000 BCX Available to sell : 70,000 BCX Block Time: 180 seconds Block Size: 2mb Max Coin Supply : 21M Transaction Fee: 0.0001 BCX
BITCOINXASH DETAILS
BITCOINXASH is a multifaceted community-centric endeavor in the blockchain tech and
cryptocurrency realms. What we mean by that is this: There are many components of what
and who Bitcoinxash is and why BITCOINXASH was manifested.
BITCOINXASH is the fastest and lowest cost privacy-focused digital currency, using a Proof of
Stake (PoS) consensus system algorithm allowing all owners of BITCOINXASH to participate in
earning block rewards while securing the network with full node wallets.
In support of our global reach, Bitcoinxash was the first cryptocurrency project to translate it’s
website and materials into over 30+ native languages, providing unparalleled access to
information about cryptocurrency and Bitcoinxash in individuals most familiar language.
BITCOINXASH employs a second-tier decentralized network of masternodes providing
additional services such as community voting governance, self-funded treasury system and
instant transactions. It’s easy to implement and setup a Bitcoinxash wallet, be it desktop,
mobile, raspberry Pi, etc, allowing for simple merchant adoption.
#BITCOINXASH Affordable On Multiple Network and Market
Based on Blockchain’s System, Our stakeholder / investor can use Bitcoinxash in BCX network or
they can change BCX into Eth network or Tron network, also Bitcoinxash will apply to get list in
Eth market and Tron market.
We call our Project BCX 2.0 “Bridge Network”.
You can check our Roadmap 2019
https://bitcoinxash.com/#roadmap
ETH Network &
Market
Tron Network &
market
Next Research
Next Research
Next Research
Investors / Stakeholders and traders can hold or sell their BCX in market after get listed, but
they can’t get any reward from our loyalty program after they sell BCX.
BCX do the best for upcoming feature in project and goal for BCX 2.0 “Bridge Network”, BCX
give market’s prediction and more speculation for the future BCX in
https://bitcoinxash.com/#specification
As many cryptocurrency and also blockchain system has many kind structure in algorithm to
choose better way to give reward to stakeholder or investor into their wallet.
Bitcoinxash has control our supply with better option for stakeholder / investor. You can check
into below.
The reward table show how we manage supply for BCX to keep good price and value for BCX.
You can check it https://bitcoinxash.com/#specification
Recommended