Evolve Markets

ProximaX expands its blockchain protocol in North America with PeerStream

ProximaX enables a rich, all-in-one, easy to use platform for broad cross-industry application and decentralized app development.

ProximaX, an advanced extension of the Blockchain and Distributed Ledger Technology (DLT) with a inspired blockchain layer at its core is ready to expand its innovative blockchain protocol in North America with PeerStream, Inc., a global internet solutions provider driving adoption of emerging blockchain technologies.

Through this partnership, PeerStream becomes the preferred North American integration partner for ProximaX, expanding adoption and integration of its blockchain solution which provides decentralized document proofing, storage, messaging, and streaming content delivery. ProximaX will refer prospective adopters of its innovative protocol to PeerStream for consulting and integration services.

Lon Wong

“We believe that PeerStream, with its expansive service offerings and established North American presence, will be an ideal integration technology provider for the users of our protocol. ProximaX is generating significant interest from enterprises and app developers and we foresee ProximaX playing a significant role in enabling the adoption of blockchain technology in a practical and cost-effective manner. To accomplish our goal, we are building a network of top caliber technology service providers to build an onramp to speed up adoption of our technology.”

Lon Wong, Founder and Chief Executive Officer of ProximaX Ltd.

The ProximaX protocol is a next-generation, blockchain-based, decentralized platform. It provides augmented secured services, content delivery, storage and media streaming. ProximaX is an all-in-one platform for cross-industry application and decentralized app development. Since its successful ICO in April, ProximaX has made significant advancements towards finalizing its technology.

The protocol is now development-ready for an array of public and private sector solutions. The core components, Distributed File Management System (DFMS) and PeerStream Protocol (PSP), PeerStream’s media delivery protocol, are abstracted to form a service layer thus offering an easy-to-program platform. This helps businesses and innovators avoid the costly, failure-prone architecture associated with traditional blockchain solutions.

“PeerStream Business Solutions is excited to be working with clients to adopt ProximaX’s blockchain 3.0 technology. As a contributor to the development of the ProximaX protocol, we believe its API-driven architecture, as well as its storage and streaming service layers, make it a superior blockchain for developers.”

Alex Harrington, Chief Executive Officer of PeerStream

PeerStream’s Business Solutions team is uniquely capable to support entrepreneurs, enterprises, and governments in building solutions on the ProximaX protocol. In addition to PSP supporting media streaming and messaging, PeerStream is expanding its service offerings to include a broad array of blockchain integration services across a variety of industries including financial services, media, logistics, and healthcare.


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