DxChain is developing a decentralized big data and machine learning network. The project aims to provide benefits to the user by commercializing their data. DxChain provides two capabilities: computation and storage. The main advantage of this is, it will prevent big companies like Facebook and Google to monopolize user data. There are many more cool features of DxChain. Let us discuss the top 5 features of DxChain.
First, it features decentralized computing. Decentralized computing is a system in which a large computer is replaced by a large number of small computers. There are many advantages of decentralization. It minimizes latency in the network. If the servers are located geographically closer to the end-user, it will minimize some latency and make computation more responsive. Furthermore, it becomes easier to provide support in the customer’s local time zone. Again, it reduces the risk of losing users due to downtime. If a centralized data center goes out of service, it will affect all its users. But, it is not the case in decentralization. Here, only a part of the total users will face downtime.
Next, it allows users to get benefited from selling their own data. Without DxChain, only big companies like Facebook and Google can access user data they have collected through their apps. With DxChain, the users get the ability to sell their data for some economic returns. In this way, the DxChain network can serve as a data trade center for the users willing to sell their data.
DxChain also provides privacy with data analytics. As mentioned above, DxChain can serve as a trade center for user data. This opens up a big opportunity for data analytics. But sometimes, data analytics require inputs that contain personal data or data from individuals from the sample set. To provide security to these data, DxChain tem uses obfuscation techniques to protect individual data from rogue queries. At times, sensitive information is stored in an internet-accessible way as it may be required for identity verification.
It provides a network powered ecosystem. The blockchain of DxChain network supports a variety of machine learning and data mining algorithms. Moreover, it favors automated data sample collection and AI model training. It promotes the growth of smart cities. Furthermore, the vast data generated by smart cities is stored for future reference.
DxChain incorporates a very flexible data model on a more granular scale. The data model accepts two forms of data input: structured text data and binary data. It provides support for popular structured text formats like XML, CSV and JSON. Therefore, it is easily transferred over the internet. In binary data, it provides support for both, schema-on-read and schema-on-write operations. Although the data model supports binary data, but, it does not support finer granular search for binary data. This can count as a drawback in the data model.
These were some of the important features of DxChain. Again, these are not the only features of the blockchain. It opens a world of endless advantages. Thank You.
Referral Link — https://t.me/DxChainBot?start=cu671m-cu671m
DxChain Website — https://www.dxchain.com/
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