Turing Space Industries Announces AO:X Project To Create A One-Of-A-Kind, Experiential and Immersive 3D-World

HONG KONG, Oct. 3, 2018 /PRNewswire/ -- Turing Space Industries (TSI) announced today the development of its AO:X Project, a new parallel blockchain and DApp platform. The key element of AO:X is the AOX Universe, an artificial reality (AfR) environment where people can come to learn, be entertained or become something in a virtually augmented world that was never before possible.

AOX Universe will enable millions of people to interact, create new opportunities and experience their dreams. For example, AOX Universe enables the development of futuristic cities and alternative universes, new commerce-enabled opportunities, the ability to meet the avatars of their favorite celebrities and even share their music, business ventures, or artwork, for example. The potential of AOX Universe is the unbounded scope of the human imagination.

TSI, led by CEO Syl Chao and Chief Software Architect George Neville-Neil, is developing a robust, community-driven decentralized network for maximum scalability. Its Blockchain, called AOX Parallel Chain, uses 51 parallel chains across the globe, each running its own DPoS consensus, based on Block Pipelining Byzantine Fault Tolerance, Federated Delegated Proof of Stake to reduce latency while achieving federated finality. AOX's blockchain consensus model, called AOX Consensus, was designed to address the scalability problem commonly known in the blockchain space today.

"We now stand at the confluence of four great forces in technology: emotional machine intelligence, massively parallel distributed systems powered by blockchain technology, augmented and virtualized reality, and high computation portable computing," said Syl Chao, CEO, Turing Space Industries. "These technologies, when taken together, form an inflection point in the development of technology and subsequently, what it means to experience the modern world."

AOX Universe is the ultimate meeting place, and the marketplace for an interconnected, decentralized digital civilization. The 3D and blockchain technology underpinning AOX Universe exists to support a dynamic artificial reality ecosystem where meaningful social interaction, experiences and commercial endeavors can occur. Current digital worlds provide a limited form of immersive digital environments and the experience on mobile devices is greatly diminished. AOX Universe isn't built simply to provide a visually stunning immersive digital environment. Instead, it's a world where reality is being built artificially with potential value created around real-world artifacts being preserved in the environment. The persistence of objects in the world makes it possible to trade, swap and to maintain ownership of both virtual and non-virtual artifacts.

For additional details about AO:X please refer to the AO:X white paper here: https://aox.ai/aox_whitepaper

About Turing Space Industries
TSI was formed by Syl Chao of Turing Holdings, which focuses on open source software and innovative hardware development for ultra-performance mobile technologies. AO:X, TSI's blockchain platform was created to allow developers from around the world to participate and make it into a mainstream decentralized application platform. The AO:X engineering team is led by George Neville-Neil, coinventor of the AOX consensus model. TSI is headquartered in Hong Kong with team members from Finland, USA, UK and Greater China. For more information please visit https://tsi.ai.

SOURCE Turing Space Industries

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