However, on the other hand, according to some observers of technology; of its greatness and perfection that it still has some things that need to be improved and refined. This is natural because it is growing and diverse needs of human beings then demand more advanced technology. So, always found the lack of a technology that has been born before.
This must be a solution to complement and cover all the defects that have been found. Therefore, I am interested in writing a brief review of a project that is ready to meet all the challenges. The Project I'm referring to is BGX.
What is BGX?
Studying some of the flaws and weaknesses of some of the technologies that were born before, BGX claims to be refining them. BGX will combine their strengths and strengths and will overcome all the weaknesses of all.
BGX is a financial platform that was formulated in early 2017, after which he invited three different technology groups that developed independent solutions to participate in the project;
- The XELOPES Project (St. Petersburg) - the study of the possibility of AI (Artificial Intelligence) in the field of financial flow control under the leadership of Dr. Barseghyan a professor of Voronezh University, AP Parkhomenko. The XELOPES project has grown since the early 2000s and has many implementations in projects from BASF AG, Deutsche Post AG, GlaxoSmithKline and other customers.
- The Quicklink Project (Toronto, St. Petersburg) - handled by an innovative Canadian company DigitalXpert Inc. By implementing decentralized core processing for micro-transactions.
- TITAN Project (Vietnam) - builds mobile messaging clients with capabilities from crypto-wallet (Extensible Messaging and Presence Protocol - XMPP, Multi-End Messaging & Object Encryption - OMEMO, Off the Record Messaging Protocol - OTR).
The BGX financial platform was formed and began developing algorithms that would combine the speed of processing, low cost for transactions, and security in the decentralization era. Such an algorithm is not meant to be purely hypothetical, but rather applied to the market.
BGX Market Target.
The target market of BGX is mobile games. This sector is chosen because it has a high technological readiness, a large number of P2B transactions, and the nature of the transaction (impulse purchase, microtransaction size).
Currently, mobile gaming is experiencing significant growth. This market segment is also one of the most readily available for a practical transition to the blockchain, since it is already actively involved in the virtual economy through internal game tokens and traded virtual goods. However, like a living ecosystem, mobile gaming does not mean it does not face any particular problem.
BGX will be the first in decentralized payment processing platforms in the field of specialized mobile and gaming mobile applications, capable of integrating the benefits of crypto-economy in a practical way.
This will be realized because the team is looking at some of the promising opportunities found so far;
Inefficient decentralization, Business in the gaming and mobile app sector have great opportunities, No practical solutions for decentralization, No specialization in the application of Artificial Intelligence, Lack of monetization of channel diversity.
BGX will solve this problem by building multifunctional processing platforms, implemented through artificial intelligence systems (Artificial Intelligence) using advanced decentralization algorithms and with a set of built-in tools for various mobile games.
BGX privileges.
BGX has a full-featured model that supports all ecosystem participants; Implementation over Ethereum Blockchain, as a hybrid solution - with dedicated node system and ERC20BGX Token. Supports hot and cold user wallets, currency exchange, virtual wallet players and overdraft functions.
The platform focuses primarily on mobile gaming applications and supports all the necessary functions that form a single ecosystem between developers, users or players, advertisers and partners, Ability to distribute games outside Google Play store and App Store app: search, rating, feedback, reliability checks and infrastructure functions, Built-in (native) ad support and monetization system based on "smart" contract system without intermediaries equipped with adaptive filters and automated conversion accounting subsystems, Support for modern gaming capabilities and monetization models, including tournaments in various modes , augmented reality functionality and market gaming products, Built-in AI-systems based on neural networks that support the main pro cesses of the platform: smart user registration, holding tournaments with fairness control (anti-cheating) and gaming promotions.
Overview of ICO BGX.
BGX will open up opportunities for anyone interested in investing or participating in ICO. So that the holders of Token BGX will gain an ongoing profit from the BGX Platform; node participation, revenue loyalty, and club sharing.
Consider the following table;
# WEBSITE # WHITEPAPER # BITCOINTALK ANNOUNCEMENT # TELEGRAM # TWITTER # FACEBOOK # MEDIUM #
written by : ningmutim00
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