Building Trust as a Service with Auxledger Technology
Auxledger is built with a vision to provide Trust as a Service to Enterprise, Governments and Consumer Offerings. The focus has been towards building a decentralized technology infrastructure which enables Enterprises and Governments to launch their DApps successfully. We started working to provide a high performing and fully robust Blockchain infrastructure which is completely customizable and fully interoperable with other active networks. We at Auxesis, leveraged our years’ long expertise to quest out on a technology infrastructure which can solve the existing challenges faced by these Enterprises.
Auxesis was started in 2014 and is one of the earliest developers building Blockchain for Masses. The company started working with Fortune 500 Organizations and World’s Largest Governments to offer its Dapp services. Growing very fast, Auxesis soon ranked among The Top 100 Most Influential Blockchain Organisations in the World. The networks deployed with Auxledger offered the highest scalability and robustness. Private Blockchain networks deployed with State Government of India is currently running with more than 60 Million Live Population. Further, Auxledger also worked with Fortune 500 companies such as IBM, HPE and KPMG among others.
While building the coming version of Auxledger we are focussing upon fundamentals of Information technology and aligning it with the new age decentralize world. The major enhancement we are coming up with the Auxledger technology is creating a trust free layer of data communication in order to enable complete interoperability among Auxledger networks and heterogeneous networks such as Ethereum, Ripple and EOS. To achieve this, we started working on a new type of architectural layer. The layer is designed by utilizing core cryptographic compression methods and theoretically offered marginally low latency and high-speed data flow.
Leveraging this new communication layer we designed a multi-tiered Blockchain protocol essentially creating pathways for relatable networks. This concept utilizes a form of Hybrid Blockchain capability, the kind of data node where the pieces of information are kept strictly private and secure however the Merkel proof of data stores in a public Blockchain network. The Merkel data acting as proof of authentication enables interchain trust free communication. The same protocol is extended to enable full interoperability inside the ecosystem and other heterogeneous networks. Another core advancement made into the technology platform was deploying a full Turing complete LLVM based core machines. The machines allowed us to deploy a highly fault tolerant and defensive system. The features a must for Enterprise platforms. Also, the overall machine design is being done with microservices oriented architecture providing machine ability to scale horizontally.
While working towards the goal of creating a high impact Blockchain ecosystem, we wanted to ensure a strong governance model. The ecosystem here can combine up to a million different networks communicating in the form of a synced web. Thus it was very important to create a fully democratic governance model of the ecosystem. A truly democratic model will ensure that this large web can remain free, open and yet properly governed. To achieve this, we designed the Auxledger public network. The network was designed as the zeroth tier in Auxledger ecosystem. This zeroth tier Blockchain enabled the base of hybrid Blockchain capability as well as regulating transactions among the millions of Blockchain networks over Auxledger ecosystem. In order to enable the public network (AuxAlpha) with the possibility of handling millions of transactions simultaneously, it needs to be self-governed, robust and have the ability of faster consensus. The public network design utilized the AVM robustness and the newly developed Delegated Proof of Stake Consensus model to achieve processing speed of up to 1M TPS in a large scale network.
Auxledger Public Network also ensures the successful economy governance of entire Auxledger ecosystem. The network native tokens, XAL, and GAS work across the ecosystem to perform their roles of self-administration and auto-regulating economy model. XAL is the administrative token of Auxledger which controls GAS mining, network tiering, creating consortium network and voting rights to its holder on multiple networks related governance. XAL has been designed as a value creation token where the network success is automatically passed to the XAL holders. XAL will undergo an Initial Exchange Offering (IEO) to release itself in the crypto & Blockchain community. Pre IEO round is ongoing now and early entrants in the current round are offered an additional 20% bonus on their purchases. Learn more
Buy XAL Now: https://tokensale.auxledger.org