BEXAM: Fastest Cryptocurrency and Blockchain Solution 2019

4 min readJan 17, 2019

There are massive influx of Blockchain Technologies available in today’s market since the birth of Bitcoin. It’s been a decade, but there are still limited implementation of the technology in core enterprise process due to lack of requirements in terms of scalability, flexibility, privacy and security. Tech Giants such as Amazon, IBM, Microsoft and Oracle are competing to develop Blockchain-as-a-service (BaaS) solution that allows both large enterprises and businesses to implement, build and customize their own concept of centralized/decentralized applications. A new generation of Blockchain Technology has built to solve the above challenges and is ready for future mass adoption. Meet the fastest Cryptocurrency and Blockchain Technology, Bexam! Bexam is the Next Generation Blockchain/DAG Hybrid Platform that aims on solving the current issues of network infrastructure in large enterprises. It provides a truly scalable solution that is capable of processing large transactions while maintaining the security and reliability of the network using its new Consensus Algorithm.

How they obtained the swiftness?

Image shows a comparison of Bexam with other existing Blokchains.

Bexam (Singapore based) and Early Works Co. Ltd. (Japan based) Company developed a new hybrid concept of algorithm called Proof of Rounds PoR that holds an unprecedented speed capable of processing 40 Million TPS. This is much faster than existing Cryptocurrency and Blockchain technology such Bitcoin, Ethereum and EOS. Scalability was obtained by the use of PoR and DAG (Directed Acyclic Graph) System which basically stores every transaction that occurs over the entire network. The DAG system approves the transaction without creating blocks (0.2 secs. blocks creation) at all which improves the speed. Please refer to the whitepaper for more details.

Understanding the PoR Proof of Rounds Algorithm.

Proof of Rounds represents the newly developed consensus algorithm which reconciles high-speed transaction while securing the network at utmost. PoR uses a unique round hierarchical structure which consists of different level of nodes. Each nodes have different roles in verifying and distributing the transaction. The first level of the hierarchy is Normal nodes which create and initialize the transactions over the network while Signal Nodes provide timestamps for network synchronization. Super Nodes are the next level that ensures the distribution consistency and transaction similarities while removing any malicious or unwanted transactions. Master Nodes represent the higher level which accept the verified transactions of Super Nodes. Root Nodes act as a final verifier then notify each Master Nodes for new status of each transactions.

Why Enterprises should consider implementing Bexam Blockchain.

Enterprises have different operational costs in terms of maintenance. Some are using physical server while others are preferably using cloud server which is cheaper. Both of these operations needs to be well maintain in order run the network smoothly and must properly configured as servers are vulnerable to internal and external hacking. That’s why it’s too much expensive to maintain the servers and its software's. Bexam provides the same performance and reduces all of the operational costs as it is running as a Blockchain and the transaction fees are too much low. Data and information are stored in cryptographic hashes and its very difficult to steal as it is protected in Multi Layered Protocol.

Minimum Viable Product

Bexam has been introduced as Cryptocurrency Exchange but the overwhelming feedback of the community gives the company an idea that it’s technology is the main disruptive solution. Bexam Hybrid Exchange is already on Alpha Stage and can be downloaded to the website. 100 lucky users can take part on testing its MVP and users can able to send, receive and trade dummy tokens.

Some features of the Bexam Hybrid Exchange:

50% Off in transaction fees using BXA Tokens.
Improved Customer Support available in multilingual representatives.
Referral Program
Node Owners are rewarded with BXA Tokens
Instant Transactions
Top-notch security protocol

Tokenomics

Bexam Token is the main key element of the platform in order to fuel the entire Bexam Network. BXA Tokens is the main currency of the exchange and users can enjoy discounts on fees paid using BXA. There will be total supply of 1 Billion BXA Tokens. The Public sale or Initial Exchange Offering (IEO) of BXA Tokens is only available on Bexam Exchange Platform. Participants must pass the KYC process to contribute and participate in IEO.

Total Supply: 1,000,000,000 BXA (1 Billion BXA)
Price: 0.12 USD
Soft cap: 2,500,000 USD (2.5 Million USD)
Hard cap: 16,000,000 USD (16 Million USD)
Accepted currency: BTC

Conclusion

As per the analysis of some experts, the digital economy is ready to disrupt after a decade and it’s sure that it will be part of daily transactions of everyone. Bexam will be widely used as BaaS of businesses around the world and it will compete with Tech Giants. With its high-speed capability and top-notch security protocol, many investors and users will attract to use the technology and its Cryptocurrency Exchange and wallet.