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. In using AlarmX coin, security monitoring can be decentralized, making it 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, who is on our blockchain can be monitored and secured privately.
Our user interface uses sensor flow as input to enter data into our machine -learning module. This module gathers data from the nodes on the blockchain; the data goes out to the cloud, and then AI takes the data brought back and uses it to construct a custom algorithm that is stored in a data vault. These algorithms can be used to troubleshoot, explain problems, and offer solutions to the users and security companies that are using the AlarmX blockchain. These algorithms can be purchased, enabled, and used to make security alarm business operations more efficient and productive, which will save partner alarm companies money. The information provided can be used to study behaviors and patterns, and help secure our neighborhoods, country, and the world at large. It is important to realize that current security alarm technology has been falling behind the mainstream technology curve for several years. As a result, most people don’t purchase a security system. If they do, alarm monitoring can be expensive and lock them into lengthy contracts, which makes it harder for alarm monitoring to gain widespread, more economical adoption.
Beta testing is one of the most important parts in product development, and once it’s successfully completed, it ensures that the product provides an excellent user experience without fail or any glitches. Beta testers will come from a pool of established customers from Vyanet and investors who are currently mining and staking the AlarmX coin. Beta testers will be the first to use our product and security monitoring service for a stipulated period of time. Data will be collected and reports generated that will expose both strengths and weaknesses in our processes before the product and service is released to the general public. It is only through proper QA and testing strategy can a defect-free product and service be released.
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 helps to feed the machine learning model. Customers can also use AlarmX coins to pay their security monitoring service bill, buy more products, and trade or stake to mint more tokens for a master nodes that will give you residual income each month.
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.
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%
From Block 17280 - 34560
From 34560 and beyond