GXChain

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GXChain (GXC) is a public blockchain developed by Gongxinbao (GXB), focusing on decentralized data exchange with high privacy standards and no personal data caching. Launched on September 24, 2017, GXChain leverages hybrid consensus (DPoS and PoCS) to achieve 100,000 TPS. It supports applications in network loans, automobile finance, and banking, featuring services like ID verification, KYC, and anonymous transactions. The GXB Decentralized App enhances personal credit management. Key team members include Minqiang Huang (Founder & CEO) and Guojun Tu (Co-founder & VP). GXChain's tokenomics include a total supply of 100 million GXC tokens. Despite being traded on 31 markets, recent trading activity shows low liquidity. More information can be found on their official website.

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FAQ

What is GXChain and its primary purpose?

GXChain is a public blockchain developed by Gongxinbao (GXB), primarily designed to offer decentralized data exchange solutions. It ensures data privacy by not caching personal data, protecting users from data breaches. GXChain caters to various industries like network loans, automobile finance, and banking, utilizing blockchain technology to safeguard data copyright and prevent data fraud.

How does GXChain ensure data privacy and security?

GXChain ensures data privacy through a robust privacy framework that prevents the caching of personal data, thus protecting users from data breaches. It supports anonymous transactions and employs a combination of Delegated Proof of Stake (DPoS) and Proof of Credit Share (PoCS) consensus mechanisms to secure data exchange and maintain effective data process tracking.

What are the key features and capabilities of GXChain?

Key features of GXChain include support for 100,000 TPS, smart contracts, and Blockchain as a Service (BaaS). It offers unique services like ID verification, KYC, multi-dimensional data management, and swift login. GXChain also supports applications such as network loans, automobile finance, and banking, making it versatile beyond typical blockchain functionalities.

How does GXChain compare to other blockchain platforms?

Unlike many blockchain platforms, GXChain focuses on decentralized data exchange with enhanced privacy, supporting anonymous transactions and preventing data caching. It offers superior transaction throughput of 100,000 TPS and uses a hybrid consensus mechanism for increased security. GXChain’s unique combination of services positions it as a comprehensive solution for enterprises seeking secure, scalable data management.

What are the benefits of using the GXB Decentralized App?

The GXB Decentralized App offers benefits like personal credit management and face-to-face credit verification, adding an extra layer of trust and security for users. By leveraging GXChain's blockchain capabilities, this DApp provides users with reliable tools for managing and verifying their credit, enhancing personal data control and security for individuals in financial transactions.

What can I do if I encounter issues with GXChain's services?

If you encounter issues with GXChain's services, it's recommended to visit their official website for support and contact information. Additionally, stay updated with community forums and announcements for troubleshooting tips and guidance. Engaging with the GXChain community can provide insights and assistance from other users and developers familiar with the platform.

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