Singapore / 8th July 2020 — ProximaX SiriusID Decentralized Identifier (“DID”) method was accepted and published by the World Wide Web Consortium (“W3C”), the leading international standards organization for the Web. The W3C DID standards are designed to enable interoperability of identification systems across different autonomous decentralized networks.
A DID is a new unique type of identity identifier that enables verifiable and decentralized digital identities. It allows individuals and organizations to generate identifiers using trusted systems and to prove control of those identifiers (authenticate) using cryptographic proofs (for example, digital signatures, privacy-preserving biometric protocols, and so on).
In contrast, the…
SINGAPORE / AUSTRALIA, 24 JUNE 2020 — LatConnect 60, is working with ProximaX to develop an agriculture sector use case for blockchain-based parametric insurance, enabled by high resolution satellite Earth Observation (“EO”) data. LatConnect 60, an Australian company, is in the business of providing cost effective high resolution satellite imagery and radio frequency (“RF”) signal intelligence data.
Climate and natural disasters such as cyclones, droughts, heat waves, floods, earthquakes, and wildfires impact many countries and aspects of development. Furthermore, global climate changes and tectonic shifts are increasingly impacting these disasters more severely. …
Last week, we ran into a few minor issues on the ProximaX Sirius Chain mainnet. This did not affect the integrity of the data on-chain. There were no downtimes, and blocks continued to be generated. Additionally, the validators were active during this period.
Before we report on the issues, it is good to understand first how the Sirius Chain was designed. Sirius Chain has two main components: (1) the P2P node; and (2) the REST API node.
P2P nodes are the primary validator nodes that evaluate, check, counter check, sign, and propose blocks to the Sirius Chain.
REST API nodes…
We are pleased to inform everyone that the Sirius Chain main network will undergo an upgrade from version 0.4.3 to 0.6.2.
We highly recommend that all Sirius Chain nodes pull the 0.6.2 version docker image to upgrade.
What exactly is going to happen
There will be two upgrades, software, and a configuration upgrade. The software upgrade will install the following fixes as part of Sirius Chain 0.6.2
Reworked block difficulty calculation
Improved config holder implementation
Fixed exchange patricia tree and several bugs in exchange plugin
Updated cache height on rolling back blocks
Fixed deadlock in node selection
The configuration upgrade will introduce new modules…
We are pleased to inform everyone that the Sirius Chain main network will undergo an upgrade from version 0.4.3 to 0.6.2.
We highly recommend that all Sirius Chain nodes pull the 0.6.2 version docker image to upgrade.
What exactly is going to happen
There will be two upgrades, software, and a configuration upgrade. The software upgrade will install the following fixes as part of Sirius Chain 0.6.2
Reworked block difficulty calculation
Improved config holder implementation
Fixed exchange patricia tree and several bugs in exchange plugin
Updated cache height on rolling back blocks
Fixed deadlock in node selection
The configuration upgrade will introduce new modules…
Why tokenize real estate?
Traditional real estate investment involves significant financial commitments, lengthy and siloed processes, and extensive paperwork.
Real Estate Investment Trusts (“REITs”) have provided a more liquid way to gain access to the real estate sector. However, the process of offering and listing a REIT is often costly and time consuming, and not easily available to issuers with a single real estate asset or a small portfolio.
Tokenizing real estate assets using blockchain technology addresses these problems by providing operational efficiencies, information transparency to real estate transactions, and bringing the additional benefits of fractionalized ownership and liquidity to real estate investment.
Tokenization…
We are pleased to announce that we have released a new version upgrade of our Sirius Chain on the testnet to address a few issues. These issues include deadlock resolution, decentralized exchange stability, and the synchronization process. To be in line with the Sirius Chain upgrade, we have also updated the software development kit library for storage nodes. Finally, the Sirius Supercontract is now released as an entirely new layer on the testnet.
The following are the release notes.
Version Notes
Release Notes
Sirius Chain — 0.6.2
The previous Sirius Chain testnet upgrade introduced a fully functioning decentralized exchange engine. This release includes stability fixes for offer transactions…
NAIROBI / SINGAPORE — 13 APRIL 2020 — Two4one App Ltd (“Two4one”), a Nairobi-based technology company, has been commissioned by the Centum Foundation to roll out its ProximaX Sirius-based Electronic Gift Card Solution (“EGC Solution”) to manage the Centum Foundation’s COVID-19 Relief Program.
The Centum Foundation is a non-profit subsidiary of Centum Investment Company (“Centum”) Plc set up to mobilize the Centum Group’s existing corporate social investment with impactful, scalable, and sustainable initiatives that empower communities.
Stanely Njenga, CEO of Two4one, explained:
“With the onslaught of the COVID-19 pandemic, it is imperative that relief efforts act not only quickly, but…
KUALA LUMPUR / SINGAPORE — 2 APRIL 2020 — Learnitude Technologies, a leading software development company in Malaysia, and ProximaX are jointly developing a Coronavirus (COVID-19) tracing application solution as a voluntary contribution. This cutting-edge app will be a decentralized solution powered by the ProximaX infrastructure and development platform.
In view of the seriousness of the Coronavirus (COVID-19) pandemic, Learnitude Technologies and ProximaX decided to develop the application for use by governments to implement crucial activities such as identifying cases and dispensing medication to patients afflicted with the virus.
Learnitude Technologies, a ProximaX systems integrator has been developing efficient software…
KUALA LUMPUR — Abundent has signed up with ProximaX as a systems integrator. From developing applications and solutions for clients to automating business processes including the use of artificial intelligence, this official collaboration will witness Abundent using ProximaX Sirius to store data derived from its Machine Learning and Deep Reinforcement Learning applications.
Founded in 2016, Abundent is a tech company headquartered in Kuala Lumpur headed by Tarun Sukhani, a prominent tech entrepreneur in the start-up community in the region. …
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