Bexam

Bexam

Created using Figma
Created using Figma

Last Update

Mar 14, 2019

BEXAM is a revolutionary blockchain/DAG hybrid platform that brings unprecedented block times of 0.2s, up to 40 million TPS, and multi-layered security! The platform is built with a new consensus-building algorithm called “Proof of Rounds,” which uses a flexible chain structure and a node hierarchy with assigned roles to achieve its groundbreaking results. The significant capabilities of our platform allow us to create tailor-made solutions for enterprise-level businesses.
Private Sale
Oct 19, 2018
Jun 1, 2019
100% completed
Raised funds - no Data
Hard cap 16 000 000.00 USD
past
  • 1 BEXAM
    =
    0.12 USD
Token Sale
To be announced
Token Details
Ticker
BEXAM
Accepted Currencies
BTC
Company Details
Registered Company Name
Bexam Global LLC
Additional Details
Platform
building a new one
Whitelist
Yes , from Nov 19, 2018 till Feb 22, 2019
KYC
Yes
Categories
Platform

About Bexam

BEXAM is built on a new consensus-building algorithm called Proof of Rounds. PoR reconciles high speed and scalability with high security. Our next generation blockchain technology finally meets the specifications required for the implementation of blockchain into core centralized systems of large-scale businesses.
Currently, enterprises are faced with the dilemma of choosing between centralized, yet vulnerable systems or decentralized, yet sluggish platforms. While the security provided by blockchain is alluring to enterprises around the world, the current technology’s speed and scalability constraints force such businesses to continue using their vulnerable, centralized systems. We reconcile the benefits of each sector in order to create a practical and superior solution, the BEXAM platform. The significant capabilities of our platform mean we can create tailor-made solutions for enterprise-level businesses.

Features

Speed, Security, Scalability: 

A flexible chain structure and a node hierarchy with assigned roles, BEXAM, through the Proof of Rounds algorithm, is capable of reaching unprecedented block times of 0.2s and up to 40 million TPS. 

Technical Info

The process for approving and appending new blocks to an existing blockchain is established by a consensus-building algorithm such as PoW, PoS, PoC, or PoA and executed through nodes that calculate the hash value based on established conditions.

In contrast, the new consensus-building algorithm known as PoR establishes which nodes will approve transactions in advance, and the sequence of approval of these node groups awaiting approval is decided in order of priority. Since each node approves transactions in this sequence, this completely eliminates the need to calculate hash values and removes the restriction of time needed to randomly choose, which has greatly improved processing speed.

The order of priority that determines the sequence of these approval nodes is calculated using the following factors.

-Node age

-Number of successful transaction approvals

Both of the above factors can be calculated by referring to past blockchain data. In this way, it is possible for any node to maintain impartiality regarding sequence because information is mutually distributed.

However, it is not hard to imagine that a major improvement in approval speed is a trade-off with security, and this is in fact true.

For example, the permutation of approval nodes can result in the approval nodes being specified, allowing malicious approvals. Furthermore, the elimination of nonces eliminates complicated operations, which allows transactions to be generated conveniently and manipulated more easily.

Bexam Roadmap

  • Jan 2018

  • BEXAM project starts
  • Feb 2018

  • BEXAM Exchange architecture starts
  • May 2018

  • BEXAM HP & WP 1.0 release; Seed sale starts
  • Jun 2018

  • System tests begin
  • Read More
  • Oct 2018

  • Third party vulnerability tests begin
  • Nov 2018

  • Website renewal; Whitepaper 3.0 released; Private sale begins
  • Q4 2018

  • Wallet alpha v.1 release
  • Q1 2019

  • Bexam main net registration opens
  • Q2 2019

  • X-Hive exchange release.
    X-Hive exchange smartphone app release.
    Bexam token listing.
  • Q3 2019

  • Bexam Demo net opens.
  • Q4 2019

  • SDK beta release.

Activity

Posts:
109
MEDIUM
Followers:
207
VERY LOW
Likes:
196
VERY LOW
Followers:
712
LOW
Tweets:
344
HIGH
30 Days Growth:
Members:
3 474
MEDIUM
30 Days Growth:
-325
Alexa

Rank:
2 071 485
VERY LOW
Delta:
621 660

Bexam Team

Verified 60%

Attention. There is a risk that unverified members are not actually members of the team

Rong Shan Lim
Director
unverified
Shinji Kawase
Director
unverified
Mario Yearwood
Director
verified
Dean Morris
CRO
verified
Kanako Into
Director
verified

Advisors

Verified 60%

Attention. There is a risk that unverified members are not actually members of the team

Hiromichi Niimura
Advisor
unverified
Lan Tschirky
Special Advisor
unverified
Hiroki Yamamoto
Advisor
verified

2 ICO

$15 410 000

Dmytro Budorin
Advisor
verified

8 ICO

$22 040 000

Yacine Teraï
Advisor
verified

Bexam Interviews

Mario Yearwood
As a team member, сan you tell us about your role in the ICO project?
I will advise on the technical direction of the project. I want to help build a platform that enterprises, large and small, can trust.
What do you think about idea?
I am excited to be a part of this journey. I am looking forward to the challenge and hope that enterprises find the hybrid approach both compelling and appealing.
Dean Morris
As a team member, сan you tell us about your role in the ICO project?
My role is CRO for BEXAM. I am also helping the group find corporate and "real world" applications for their technology.
What do you think about idea?
I am excited by the technology BEXAM has created and believe it has the potential to make a major differences to businesses.. particularly those with scale.
Kanako Into
As a team member, сan you tell us about your role in the ICO project?
I’m CFO, closely work with CEO and COO and manage variety of matters from external communications, internal corporate matters, and strategic planning.
What do you think about idea?
I believe BEXAM will open a door to people from kids to to senior to be somehow become a user of blockchain. BEXAM will break through the berries for the technology to be applied in the the world from its various advantages - speed, scalability, security, support, reliability, and so on. I hope to see BEXAM to change the world and bring the innovation to our everyday lives. I truly believe this is THE project that makes it possible.
Hiroki Yamamoto
Can you explain your role as a member of BEXAM?
I am the original developer of PoR and an advisor to BEXAM. As the leader of the development team, I have assembled a competent group of developers and guide them through the development process.
Tell us your thoughts on BEXAM.
I believe that BEXAM reconciles the best of both structured and distributed systems to find a comfortable and high-quality middle ground. It is this middle ground where BEXAM combines speed and security to rise above other projects. I think it will lead to really amazing things.
Dmytro Budorin
As a team member, сan you tell us about your role in the ICO project?
Cybersecurity consultant. Hacken is going to provide cybersecurity services for Bexam blockchain platform
What do you think about idea?
I believe in decentralized networks. But as everywhere it is lots of work ahead. From Hacken point of view we are going to provide quality solutions.
Yacine Teraï
As a team member, сan you tell us about your role in the ICO project?
StartupToken shares its experience in helping teams to follow best practices to fundraising and engaging communities in a compliant and transparent way.
What do you think about idea?
Bexam creates a fantastic breakthrough bringing centralized performances to the decentralized world.

Bexam Last News

4.13
positive
5.0 20
ICO Profile Vision Activity Potential Product Team

Bexam Reviews

Samson Owiti
Cryptotrader, Crypto investor, Blockchain business expert

BEXAM is the next generation blockchain/DAG hybrid platform. Nowadays, businesses are still operating under vulnerable centralized networks due to the lack of adoptable technology solutions that can handle millions of transactions. BEXAM provides the first-ever solution to blockchainize large-scale enterprise databases for more secure, high-speed, and scalable operations.

PROS:

  • BEXAM uses the Proof of Rounds algorithm, which has 3 unique characteristics:                                 1) approval of transactions by permutations; 2) optimization of processes by assigning roles using a node hierarchy; 3) construction of a unique network that distributes information efficiently. These methodologies together build an ultra-high speed and safe network structure in comparison with other existing consensus-building algorithms.
  • To distribute information evenly and efficiently, PoR arranges nodes in a hierarchal, annular manner. This structure includes four types of nodes: Normal Nodes (NN), Super Nodes (SN), Master Nodes (MN), and the Root Node (RN). This methodology enables flexible scalability of the network. Furthermore, unlike many other blockchain platforms, BEXAM can offer tailored solutions through an assignment of nodes, with specifications, based upon a business’s needs.
  • In order to operate the BEXAM platform, Super Nodes and Master Nodes need CPU power. Since BEXAM does not rely on complicated calculations for block appending, the system will not require excessive amounts of electricity consumed by other blockchains nor does it affect the platform's performance.
  • With BEXAM’s 0.2s block time and 40 million TPS, implementation of blockchain becomes a reality for businesses everywhere. By building tailor-made blockchain networks for enterprises on BEXAM’s platform, BEXAM hopes to unravel the possibilities of a blockchain.
  • Directed Acyclic Graph (DAG). The key technology behind BEXAM that allows this stability and scalability is DAG – it automatically increases the number of nodes in each layer, thereby allowing information to be transmitted without any speed reduction.
  • The BEXAM Exchange will be the first iteration of BEXAM’s capabilities and will provide a secure and stress-free user experience. Ultra-high-speed cryptocurrency exchange platform.
  • The BXA token will be used as the fundamental means of transacting within the BEXAM platform. These uses include: forming enterprise PoR networks and/or paying transaction fees; master Node and Super Node staking and rewarding; functional cryptocurrency for both platform and exchange.
  • Referral program: a 5% bonus BXA amount will be awarded to the referrer. In addition to this purchasing bonus, the referrer will also receive a 20% bonuses from their referee's applicable trading fees done through the BEXAM Exchange.
  • BEXAM will offer two types of wallets with the user having a choice on how they want to manage their assets. This is called Dual Wallet Option Protocol, which was designed with users' safety in mind.
  • BEXAM’s focus is not to become a simple payment solution, but rather to provide solutions for enterprises in an effort to partially or completely replace their centralized databases with blockchain solutions. The BEXAM team has come from all sectors in the business world and understands these issues personally.
  • The white paper of the project is highly informative and presents all the necessary data in a clear and logical way. The team has also designed the one-pager and a special white paper for its unique Proof of Rounds algorithm.

CONS:

  • The platform white paper is strictly available in English limiting the involvement of people who do not understand the language.
  • Although BEXAM account creation and maintenance will be free, all actions on the BEXAM exchange will be accompanied by a certain fee payment.
  • There is a possibility that the token sale and the BXA token could be affected by regulatory measures, including potential limitations, regarding the ownership, use, or possession of such tokens.
  • Participating in the token sale carries substantial risks that accompany the acquisition, storage, and transfer of the BXA toke.
  • BEXAM team isn't able to make any promises regarding the future business performance or price of the BXA token.

SUGGESTIONS:

  • Engage qualified staff to translate the document into other languages.
  • Reduce the amount of existing fees, to make the BEXAM platform more user-friendly.
  • Develop a platform and its token to provide users with certain guarantees in the future.

NOTE:

BEXAM provides the first practical blockchain solution for high-transaction businesses. Its technology opens the door for mass adoption of blockchain technology by giving industry-leading companies access to a new ‘blockchain protected’ business model. This makes the project viable and I would invest in it.

Read More
Dec 3 2018
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