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AlarmX - Security Monitoring on Blockchain

AlarmX Corporation is a security alarm monitoring solutions company based in Honolulu, Hawaii. The founders of AlarmX created the AlarmX coin because they saw the need to bring the entire security alarm industry forward using blockchain technology, making security monitoring decentralized, peer to peer and autonomous. This has applications in, but not limited to residential, commercial, military, foreign governments and other allied countries across the globe. Anyone, anywhere that is on our blockchain can be monitored and secured privately. Our user interface uses tensorflow as input to enter data into our machine learning module. This module gathers data from the nodes on the blockchain, it goes out to the cloud, AI then takes the data brought back and uses that to construct a custom algorithm that is stored in a data vault. These algorithms can be used to troubleshoot and explain problems to give solutions to users and security companies that are using the AlarmX blockchain.

How It Works

The AlarmX coin will be used by customers to pay for their security monitoring service, and purchase security equipment i.e. sensors, cameras, and key fobs. Through the internet of things (IOT) we can connect any device with an on and off switch to the Internet (and/or to each other). The user interface (UI) connects directly to the customers AlarmX core wallet on the Blockchain network. If there is an attempted breach on the blockchain an alert will be sent to your phone based on the radius you programmed on your App.

One of the biggest issues with the alarm industry today is they are years behind the technology adoption curve and when you think about security monitoring it's even further behind. AlarmX Corporation is bringing the entire security alarm monitoring industry up to speed, and will afford other security third party installers and monitoring services the opportunity to white list our services as their own. We have partnered with an industry leader in the security monitoring service called Vyanet who has been around since 1969. Blockchain technology software will be offered as software as a service (SaaS) with machine learning, TensorFlow input and cloud Artificial Intelligence that will gather predictive behavior and solutions with algorithms. These algorithms will advance society and propel the entire security monitoring industry into the future by utilizing the AlarmX security monitoring service on the Blockchain.

Coin Specification

Owning an AlarmX masternode connects your computer to a specialized computer network on the AlarmX Blockchain that was forked from Dash. AlarmX has two types of networks nodes and masternodes. Nodes do the mining that creates new coins on the AlarmX network, and masternodes perform specialized transactions like InstantSpend and PrivateSend. Masternodes sustain and care for the AlarmX ecosystem , while nodes mine for coins. When miners mine for AlarmX they can convert these coins into USD, Bitcoin , Eth or other coins. Minimum AlarmX investment is 1000 AlarmX coins to get a masternode, the owner will leave the coins in the wallet to enable the masternode functionality. This means they cannot withdraw, convert or send it out of the wallet. Once the balance drops below 1000 AlarmX, the owner will lose their voting rights and are effectively blocked from the AlarmX masternode network.

Reward Breakdown

50:50 Masternodes reward 9 / Miners 9 in one month
60:40 Masternode reward 10.8 / Miners 7.2 in one month
70:30 Masternode reward 12.6 / Miners 5.4 in one month

Block rewards: 18 ALRMX

576 blocks per day
576 * 18 = 10368 coins per day
The block rewards decline by ~7.1% per year

From block 0 to 17280Masternode: 50%
Miners: 50%

From Block 17280 - 34560
Masternode: 60%
Miners: 40%

From 34560 and beyond
Masternode: 70%
Miners: 30%

Android and IOS App

Alarmx investors will be able to download an app that has gamified the security monitoring service of the AlarmX coin. This app connects directly to the customers AlarmX core wallet on the blockchain network. If there is an incident on the blockchain with one of the nodes an alert will be sent to your phone based on the radius you programmed into the app. An arrow will locate on the map the exact location, country, state, city, time and date within two feet of where the incident occurred . You will have the chance to enter or start a chat that acts like a community neighborhood watch at the same time the police are notified. Customers can engage with each other on how the situation is being handle and help to make sure everyone is safe if real problem exists at all. Customers will receive credits that can accumulate for participation in the chatrooms. At the end of the month your credits can be converted into AlarmX coins or you can roll them over. Earning AlarmX coins this way help to feed the machine learning model helping to not only secure our networks but keep our family and friends safe. Remember AlarmX coins can be used to pay their security monitoring service bill, buy more products, and trade or stake to mint more tokens for a masternodes that will give you residual income each month.

For more information below

Website: https://alarmx.io
Whitepaper: https://alarmx.io/AlarmX-Official-Whitepaper.pdf
Telegram: https://t.me/AlarmXChat
ANN: https://bitcointalk.org/index.php?topic=4868526
Twitter: https://twitter.com/AlarmxProject

Link Profile: https://bitcointalk.org/index.php?action=profile;u=988415
AlarmX - Security Monitoring on Blockchain AlarmX - Security Monitoring on Blockchain Reviewed by haw on September 09, 2018 Rating: 5

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