ProximaX | Ecosystem Member

NEM Southeast Asia
NEM SEA
Published in
2 min readNov 26, 2018

ProximaX is an advanced extension of the Blockchain and Distributed Ledger Technology (DLT) with utility-rich services and protocols. With a NEM.io inspired blockchain layer at its core, a decentralized storage layer through IPFS, and a P2P multimedia streaming and messaging layer powered by PeerStream Protocol (PSP), ProximaX will enable a rich, all-in-one platform for broader cross-industry application and decentralized app development.

The ProximaX solution will essentially consist of three underlying services as currently designed:

  • Content Delivery
  • Messaging
  • Distributed File Management System (DFMS).

These services shall be managed from a side chain that they are looking to develop. This side chain will be attached to the main public chain of NEM, which is expected to run using the Catapult public chain at a later date. All XPX transactions will be in the form of mosaic on the main chain, including possibly, the data hash. The side chain shall have its native token as XPX which shall have an atomic swap with the main chain.

This solution will not only serve their purpose, but will demonstrate the power of the NEM blockchain using Catapult, and how many more applications can be developed with side chains.

ProximaX can be used, but not limited too:

  • Content Delivery and Storage
  • Supply chain management
  • Streaming media
  • Decentralized marketplaces
  • Big-data, measurement/analytics
  • IoT
  • Flawless record keeping
  • Know-Your-Customer (KYC).

For more info or to contact ProximaX you can find them at:

Website | Twitter | Facebook | Medium | Instagram | Youtube

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NEM Southeast Asia
NEM SEA
Editor for

This is the official account for the NEM Southeast Asian team. All activities and news regarding the NEM blockchain in the region update regularly here