GXShares

GXShares GXS

Centralized > Hierarchical org. structure
  • Exchange
  • Decentralized data exchange
86 Rank
$5.55 Price
1.2% % 24h
-0.55% % 1h
$333,087,600 Mkt. Cap
$7,493,600 Vol. 24h
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GXShares project purpose and description

GXShares purpose and aspects

decentralized data exchange, designed to set up a bridge between data sources, Point-to-point data exchange, Two - way anonymous mechanism, Data fraud control, Credit contribution certification, privacy protection

Short description

Blockchain-based Decentralized Data Exchange & Data Service Offer you a more vivid and precise all-dimensional user portrayal

Abstract

An ideal data exchange shall enable both parties to a transaction store, transfer and exchange data with minimum risks and costs. We have redefined a new product named GXB, which is built upon the idea of decentralization and blockchain technology, to bring about the ideal data exchange. In the first place, GXB Data Exchange breaks the deadlock to get rid of “data precipitation” existing in traditional data exchanges. By virtue of decentralized peer-to-peer data exchange and asymmetric encryption of transactional data, no third party other than the buyer is able to access the data. Therefore, GXB Data Exchange can guarantee the best interests for the data source and safeguard the transaction privacy of both parties, who are kept anonymous by GXB. In addition, it enables the equal exchange between enterprises with a wide gap in their data volumes, facilitates authentication of digital assets ownership and effectively curbs data fabrication in data exchange.

Link to Roadmap: https://steemit.com/blockchain/@gxshares/gxb-commercial-use-report
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