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Facilitates secure, scalable blockchain data transactions.
GXChain, as it transitions into the REI Network, represents a transformative effort in the sphere of blockchain technology aimed at fostering secure and efficient digital data exchanges. Initiated by Gongxinbao (GXB) in 2016, GXChain was developed to create a trusted data economy through a decentralized peer-to-peer data marketplace. The platform was constructed with the foundational goal of enabling data sharing between providers who retain control and consumers who access this information securely and transparently. Operating on a Delegated Proof of Stake (DPoS) consensus mechanism, GXChain enhances scalability and energy efficiency compared to traditional proof systems, appointing 21 witnesses to process transactions rapidly. Its technological framework allows for versatile adjustments, contemplating the evolving dynamics of blockchain requirements and offering throughput capabilities as high as 100,000 transactions per second. The data-driven focus of GXChain is further epitomized by its General ID verification and the Data Exchange Service, which facilitate diverse blockchain applications, ranging from smart contracts to decentralized applications (dApps). Its ecosystem also s...
GXChain, as it transitions into the REI Network, represents a transformative effort in the sphere of blockchain technology aimed at fostering secure and efficient digital data exchanges. Initiated by Gongxinbao (GXB) in 2016, GXChain was developed to create a trusted data economy through a decentralized peer-to-peer data marketplace. The platform was constructed with the foundational goal of enabling data sharing between providers who retain control and consumers who access this information securely and transparently. Operating on a Delegated Proof of Stake (DPoS) consensus mechanism, GXChain enhances scalability and energy efficiency compared to traditional proof systems, appointing 21 witnesses to process transactions rapidly. Its technological framework allows for versatile adjustments, contemplating the evolving dynamics of blockchain requirements and offering throughput capabilities as high as 100,000 transactions per second. The data-driven focus of GXChain is further epitomized by its General ID verification and the Data Exchange Service, which facilitate diverse blockchain applications, ranging from smart contracts to decentralized applications (dApps). Its ecosystem also supports user-issued assets with an API-centric development environment, amplifying functionality in blockchain analytics and service deployment. Historically accompanied by various strategic partnerships, especially within the enterprise and governmental sectors, GXChain's market positioning underscores its significance in facilitating data integrity and privacy across industries. The platform's evolution into REI Network is indicative of its ambitions to enhance usability and cross-platform compatibility, expanding its reach through EVM integration. This strategic shift is underscored by a fee-free operational model that emphasizes high performance, low barriers to entry, and broadened applications across different industries.
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.
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.
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.
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.
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.
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.
