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DxChain Token Review

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Revainrating 3 out of 5  
Rating 
3.0
Crypto Projects, ERC20

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Description of DxChain Token

DxChain Token (DX) is a cryptocurrency and operates on the Ethereum platform. DxChain Token has a current supply of 100,000,000,000 with 49,999,999,999.686195 in circulation. The last known price of DxChain Token is 0.000348 USD and is down -1.33 over the last 24 hours. It is currently trading on 6 active market(s) with $19,679.72 traded over the last 24 hours. More information can be found at https://dxchain.com/.

Reviews

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Type of review

Revainrating 3 out of 5

Storage platform under development.

It is a decentralized machine learning blockchain, it is like other platforms looking to solve data storage and encryption problems The time-space test is the one selected by this project (PoSt) creating a decentralized storage network, this protocol is still under development. This project is designed so that you can work with multiple machine learning and mining algorithms. Its development is intended for use in smart cities, storage of user data in the health market and theoretically…

Pros
  • Decentralized information storage.
  • Personal data or big data fully encrypted.
  • Space time test, to establish the storage protocol.
  • Cheaper storage services.
  • AI in most of its self-learning process.  
Cons
  • Still in testing period
  • Listed in few exchanges.
  • The probability of this being realizable has not been verified.

Revainrating 3 out of 5

In the medical field research institutes and pharmaceutical companies need…

In the medical field research institutes and pharmaceutical companies need patient data to conduct research sharing patient data is often challenging due to privacy concerns making the research process difficult and slow, DxChain could allow storage computation and the exchange of the patient's data in a secure and private way on the blockchain and patients would also be compensated for their data being utilized. They have a lot of competitors DxChain instructure is innovative and unlike a lot…

Pros
  • DxChain aims to design a platform to solve the problems of computation of big data in a decentralized manner. DxChain advantage is to tackle transaction storage and computation simultaneously so the blockchain technology can expand its capabilities in big data and machine learning and thereby providing more values to businesses and consumers.
Cons
  • The purpose of their DX token is for utility and for fuel it will be the fuel for the cost of transactions storage and for using computational power within the network, it will also be an incentivized reward for those users for providing storage to the ecosystem and giving computational power.