BlockX is a Cross-Chain Ecosystem for Web 3.0

21 Dec 2022

What is BlockX?

BlockX Network is a Layer 1 Ethereum alternative blockchain that offers multi-chain operability, an off-chain oracle infrastructure, and enables sovereign digital identity for the next-gen of Web3.

BlockX has made blockchain development safer and more supportive. Their community of builders is vetted, and committed to helping each succeed in the world of blockchain development.

Who is BlockX for?

BlockX is a project for everyone, the functionality allows it to be used for different areas and users.

Developers:

First chain to offer block rewards to developers
Easy porting of projects from other networks
Horizontal scalability with IBC & InterChain bridge
REST-API for easy chain interactions

Validators:

Block rewards & gas fees for Validators
CLI and GUI software options
Simple Validator approval process
Multiple OS & computer architecture support

Users:

Lowest gas fees cost using the native BCX token
Lightning-fast transactions across the ecosystem
A global hub for blockchain enthusiasts
Access to an ecosystem of innovative dApps

Institutions:

Digital banking on-chain
Asset tokenization
Blockchain-based loans, stocks, bonds, and more
Self-sovereign digital identity

What are the features of the project?

BlockX is committed to producing one of the most compatible systems available on Web3 today. Therefore, in order to maximize usability across many subsectors of the blockchain, the following features must be built:

An infrastructure built with Metaverse adoption and scalability in mind;
Tokenization of traditional assets like stocks, bonds, using the Tokenizer digital banking product ;
Self-sovereign digital identity solutions;
High rewards for Validators & Node Operators from transaction fees;
Off-chain data integration for mapping and data management with Oracles;
Horizontally scalable using IBC;
Multi-chain token issuance and settlements.

Why build on BlockX?

BlockX is an EVM-powered layer-1 chain that enables an ecosystem fueled by multi-chain interoperability, sovereign identity, and off-chain oracles.

Absolute Interoperability. The BlockX blockchain is compatible with today’s most popular Layer-1 chains like Ethereum, Solana, Avalanche, and others. This allows us to scale towards viable mass adoption of Web3;
An Open Ecosystem. BlockX has cross-chain compatibility, therefore we welcome Web3 developers with different backgrounds, and assist them in building dApps that will shape the future of blockchain technology;
A Development Heaven. Developing the next big Metaverse, DAO app, or NFT launchpad? The BlockX ecosystem fits every developer’s needs, and offers unique functionality for node validation and token delegation;
Off-Chain Oracle Data. The native Oracles of BlockX allow you to import off-chain data and create hybrid chains seamlessly. The application of real-world data on the blockchain has no limits for a competent developer.