GXC GXChain Rank #905
GXChain (GXC) is a public blockchain developed by the team behind Gongxinbao (GXB), designed to enable decentralized data exchange. Launched commercially in 2017, it operates as a peer-to-peer marketplace for data trading without caching personal information, aiming to preserve user privacy, protect data copyright, and prevent fraud and counterfeiting. The network supports bilateral anonymous transactions and is positioned to serve any industry that needs to exchange data, with an early focus on use cases in internet finance, including online lending, auto finance, personal loans, and banking services. Beyond data exchange, GXChain functions as a general-purpose application platform. It supports smart contracts and blockchain-as-a-service (BaaS) and also offers built-in services such as identity verification, multi-dimensional data access, KYC, and rapid login. The network advertises throughput of around 100,000 transactions per second, allows the issuance of new assets, and hosts decentralized applications, including a credit management and verification Dapp. Consensus is handled through a delegate proof-of-stake (DPoS) mechanism for record-keeping and a proof-of-credit-share (PoCS) model for data exchange.
GXChain (GXC) yet to make Zipp headlines
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GXChain (GXC) — FAQ
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What is GXChain?
From the developers at Gongxinbao (GXB) comes GXChain, a public blockchain that offers decentralized data exchange solutions, being the first exchange of its kind in the world.
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When was GXChain launched?
GXChain (GXC) launched on 2017-06-10.
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What kind of project is GXChain?
GXChain (GXC) is categorised as: Big Data.
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Where is GXChain's official website?
The official GXChain site is https://www.gxb.io/.