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Bexam

DAG Hybrid Platform

Bexam is a blockchain/DAG hybrid platform that brings unprecedented block times of 0.2s, 40 million TPS, and multi-layered security! The platform is built with a new consensus-building algorithm called “Proof of Rounds,” which uses a flexible chain structure and a node hierarchy with assigned roles to achieve its groundbreaking results. The significant capabilities of our platform allow us to create tailor-made solutions for enterprise-level businesses. Bexam is built on a new consensus-building algorithm called Proof of Rounds. PoR reconciles high speed and scalability with high security. Our next generation blockchain technology finally meets the specifications required for the implementation of blockchain into core centralized systems of large-scale businesses. Currently, enterprises are faced with the dilemma of choosing between centralized, yet vulnerable systems or decentralized, yet sluggish platforms. While the security provided by blockchain is alluring to enterprises around the world, the current technology’s speed and scalability constraints force such businesses to continue using their vulnerable, centralized systems. We reconcile the benefits of each sector in order to create a practical and superior solution, the BEXAM platform. The significant capabilities of our platform mean we can create tailor-made solutions for enterprise-level businesses.

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9 days 16 hours left
2018-11-01 - 2018-12-24
Token
BXA
Price
1 BXA = 0.12 USD
Platform
Accepting
BTC
Minimum investment
0.05 BTC
Soft cap
2500000 USD
Hard cap
16000000 USD
Country
Whitelist/KYC
KYC & Whitelist
Restricted areas
China, Sudan, Syria, North Korea, Iran, Liberia, Cuba, Ivory Coast, Macedonia, South Sudan, Belarus, Congo, Zimbabwe, Central African Republic, Albania, Lebanon, Libya, Eritrea, Somalia, Myanmar, Yemen, Afghanistan, Iraq, Bosnia-Herzegovina, Mogadishu, Chad, Venezuela
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About Bexam

We are a young startup based in Singapore and Tokyo. Our project began with our developers, who are incredibly passionate about blockchain. Their driving force in creating this project was to create a blockchain solution that would finally bring blockchain into the everyday world. With high speeds, scalability, and security, we believe that BEXAM will finally make this dream a reality.

BEXAM is ideal for high-frequency transaction environments, especially enterprises. In fact, 84% of executives say their companies are actively involved in blockchain; however, 57% of executives say that implementing blockchain in their enterprises has been more difficult than they had expected. The major issue? For 42% of executives, it’s scalability. Only 7% of blockchain companies agree that it’s a major issue, which is why enterprise-scale blockchain is still a largely untapped market.

This is where BEXAM becomes an ideal solution: a scalable, secure, and high-speed blockchain platform that can empower businesses to new heights. That is, our platform can integrate smoothly and immediately into existing enterprise infrastructures, meaning that there are no major changes and interruptions for an enterprise’s users and customers.

Additionally, BEXAM provides a flexible chain structure which means enterprises can have multiple chains co-exist and behave as a single chain. Current solutions have enterprises choose from a Public, Private, or Consortium chain for their business; while businesses can maintain multiple chains, they are still inherently separate. An intermediary layer acts as a connection between the multiple chains, meaning that such setups are prone to data errors, delays, and more. With BEXAM, enterprises can host chains so that they behave like a single chain: the chain may be 80% private, and thus inaccessible to a majority of users, while the other 20% is public and accessible to any user.

We understand that businesses and enterprises don’t want to be left behind in the ever-growing blockchain movement, and want to become a part of this inevitable future. This is where we can and want to help.

Technical Info

The process for approving and appending new blocks to an existing blockchain is established by a consensus-building algorithm such as PoW, PoS, PoC, or PoA and executed through nodes that calculate the hash value based on established conditions.

In contrast, the new consensus-building algorithm known as PoR establishes which nodes will approve transactions in advance, and the sequence of approval of these node groups awaiting approval is decided in order of priority. Since each node approves transactions in this sequence, this completely eliminates the need to calculate hash values and removes the restriction of time needed to randomly choose, which has greatly improved processing speed.

The order of priority that determines the sequence of these approval nodes is calculated using the following factors.

- Node age.

- A number of successful transaction approvals.

Both of the above factors can be calculated by referring to past blockchain data. In this way, it is possible for any node to maintain impartiality regarding sequence because information is mutually distributed.

However, it is not hard to imagine that a major improvement in approval speed is a trade-off with security, and this is in fact true.

For example, the permutation of approval nodes can result in the approval nodes being specified, allowing malicious approvals. Furthermore, the elimination of nonces eliminates complicated operations, which allows transactions to be generated conveniently and manipulated more easily.

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