BoxAxis (box axis chain) is a blockchain-based Internet of Things application ecological network, which combines Ethereum blockchain, cryptography asymmetric encryption technology, semi-homomorphic encryption ciphertext computing technology, and wireless Distributed architecture of data center. BoxAxis aims to solve the serious security problems of the current Internet of Things, meet the highly concurrent usage scenarios of the Internet of Things, and realize the interconnection of all things. BAXS tokens are used in the BoxAxis ecosystem, can participate in exchange transactions, provide profit-limited time auctions, and float against fiat currencies.

Project Highlights

Decentralization
Reduce the performance bottleneck caused by the center and jointly maintain stability.
Openness
Information is transparent and open, avoiding black box operations.
Consensus mechanism
Decentralized trust.
Information cannot be tampered with or forged
Majority is justice, professional high-end cryptography protects the security of operations.
Anonymity
Transactional information does not depend on trust in identity.
Smart Contract
Programmable, no objection, one-to-one contract, ensuring security and privacy.

Application scenario

Smart devices
Use sensors to track the condition of bridges, roads, power grids, etc., and even help monitor natural disasters in remote areas, prevent large-scale fires, pests and diseases, and smart city management , urban greening and pollution prediction and maintenance, sharing efficient urban management. The relay of different things effectively circulates resources, greatly reduces the access threshold of the material chain network, shortens the development cycle, and reduces the risk of application development. In the future, the use of smart grid, smart logistics, smart home, smart home billboards, smart city, military, etc. will be widely used. The smart medical treatment has reached a cooperation with the leading listed company of Intel, a well-known pharmaceutical company in China.
Intelligent Finance
With the implementation of blockchain, distributed data cannot be tampered with and data ownership ensures the authenticity of financial institution data and avoids credit, corporate debt and bond transactions Platform, payment, exchange rate, contract cost and order fraud, improve the traceability of financial security in the network.
Smart car
DAPP automatically runs the Internet of Things in the vehicle into the smart application terminal, and car owners can use the blockchain to track connected devices, such as vehicle inspection, automatic tracking, and car insurance. It is used for automatic data exchange between driving vehicles, such as road congestion data source maps, so that car owners can understand real-time traffic conditions, and realize safer automatic driving, car navigation, road rescue, etc.
Smart Manufacturing
For example, product transportation, even if the goods are transferred through multiple logistics, products can be tracked to ensure safe and timely delivery; for example, record production, inventory management, product sales and Inventory data so business and production can be shared, enhancing on-time production and improving operational efficiency. Manufacturing equipment and systems are becoming more and more intelligent, thus gradually entering a completely virtual world.