DOX.Network is a decentralized Software-as-a-Service(SaaS) API platform application based on Block-Chain. Our goal is to apply the block chain technology and sharing economy business mode to all the chains of SaaS (such as Software, Cloud computing, Datastore and Business currency exchange, etc.). To decentralize the provisioning of SaaS, migrating from a global infrastructure operated by a small group of hyperscale service providers to a blockchain-based peer-to-peer infrastructure operated by millions of small individual providers and contributors of cloud resources. To simplify the use of professional SaaS for all levels of software users turning such services into a commodity product that is universally accessible and utilized by the general public. To monetize the new decentralized SaaS ecosystem with a dedicated cryptocurrency governed by a smart contract enabling automated and trusted reconciliation of payments between all peer-to-peer cloud services providers.
The first milestone by establishing its simplified provisioning and setup of SaaS-API that can be easily operated by even the most SaaS Providers. As a second phase, DOX.Network intends to facilitate the creation of a globally decentralized SaaS API, allowing SaaS-based applications to automatically scale across millions of SaaS providers who are in fact individuals contributing small portions of their redundant office resources to become a part of the blockchain SaaS-API (thus effectively creating the new SaaS) and benefiting from continuous Provider income.
The blockchain Ethereum-based DOX token is intended to become the standard currency for the emergent decentralized SaaS-Based ecosystem, governing contribution-based pro-rata payments, clearing and distribution of financial benefits to the new role players of the SaaS. The DOX blockchain system consists of users with wallets containing keys, transactions that are propagated across the network, and miners who produce (through competitive computation) the consensus blockchain, which is the authoritative ledger of all transactions.