Inspiration
Decentralized applications (DApps) are one of the most exciting developments in blockchain technology.
What it does
Decentralized applications (DApps) are one of the most exciting developments in blockchain technology. DApps are applications that run on a decentralized network, not a centralized server. They're powered by smart contracts, which are computer protocols that facilitate, verify, or enforce the performance of a contract.
The benefits of DApps include:
-Immutability: No single user has enough power to change the records kept by the DApp
-Trustless system: Users don't need to trust anyone else in order to use the DApp, because there's no central authority storing their information and verifying transactions
-Highly resistant to censorship: It's difficult for authorities to shut a DApp down because there's no central server they can target
-No single point of failure: The data is stored on thousands of different computers rather than on a central server.
How we built it
The main purpose to build a Vonix project is to make all the decentralized applications running on top of blockchain technology easier to manage and visa versa. Vonix will have it's own decentralized application platform linked with a complete set of developer tools, SDKs and APIs which are used to create decentralized applications. By integrating S-DAP(Smart Decentralized Application Platform), DAPPs services between blockchain DAPPs and off-chain services can be achieved. In addition,Vonix has an extra advantage in this case. Because it is based on Binance Chain, the transaction complexities caused by the interactions between different chains can be avoided because all transactions do happen on one chain only; Vonix. Similarly, off-chain service providers (which could be big companies too) will have their own consensus nodes which are operated by themselves to verify the integrity of their service quality. otherwise, they would not be able to provide service for any business cases. With this unique design approach, Vonix can dramatically lower the threshold bar for any businesses to climb onto blockchain technology by allowing them to use wallets for payment settlement and transfer instead of writing complicated smart contracts using Solidity programming language.
Challenges we ran into
A next-generation Blockchain platform that uses patent pending technology to execute transactions via a state of the art secure, scalable, and green protocol. Vonix is geared towards enterprise applications, boasting a transaction rate that matches Visa in scale.
Accomplishments that we're proud of
Vonix aims to pioneer the concept of decentralized applications by providing an easy to use yet powerful decentralized application platform. Vonix will enable the creation of dApps on blockchain smart chain which works on mobile devices as well as desktops and web browsers. Using Vonix will never require downloading new applications or data onto users' devices.
What we learned
Built Smart Contract with Solidity Programing language.
What's next for Vonix
Vonix will be equipped with a variety of useful new features.
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