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What is a Blockchain?

A blockchain,[1][2][3] originally block chain,[4][5] is a growing list of records, called blocks, that are linked using cryptography.[1][6] Each block contains a cryptographic hash of the previous block,[6] a timestamp, and transaction data (generally represented as a Merkle tree).

By design, a blockchain is resistant to modification of the data. It is “an open, distributed ledger that can record transactions between two parties efficiently and in a verifiable and permanent way”.[7] For use as a distributed ledger, a blockchain is typically managed by a peer-to-peer network collectively adhering to a protocol for inter-node communication and validating new blocks. Once recorded, the data in any given block cannot be altered retroactively without alteration of all subsequent blocks, which requires consensus of the network majority. Although blockchain records are not unalterable, blockchains may be considered secure by design and exemplify a distributed computing system with high Byzantine fault tolerance. Decentralized consensus has therefore been claimed with a blockchain.[8]

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When is the IEO date for the SECX token?

As of this writing, the SECX token has an IEO scheduled for June or July of 2020.

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When will SecureX begin assembling its Collaborative Team Trusts for each of its Domains (Verticals), and how do I get involved?

The Advisory Board of SecureX Networks will vote and prioritize which Verticals will be addressed in which order, with completion targeted for which dates. If you’d like to be involved, please indicate your interest by completing the form here.

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What are the benefits of using a Blockchain?

Blockchain technology is a natural evolution of the mass-connected Internet technology, as a means to clean up any current tendencies for the Internet’s malevolent use which, as it is now, enable corruption, misrepresentation and personal surveillance.

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