Review on GXChain by Robiul Islam
While it’s difficult to find information about GXChain other than on their…
While it’s difficult to find information about GXChain other than on their website and Medium blog, the project itself seems quite solid. Especially if you think any significant portion of the more than 1 billion Chinese population will eventually make use of the GXChain platform. That’s a whole lot of users and personal data. It’s also promising to see the partnerships being formed by GXChain, and the stability of the token throughout 2018, when most cryptocurrencies were falling steadily. This could be an indication that the coin will rally strongly once cryptocurrencies recover. It is also a good indication of the value investors are giving to the project and the platform.
Pros
- here’s a coin climbing its way higher in market cap, and during the downturn in cryptocurrencies so far in 2018 it has held its own pretty well. The coin I’m talking about is GXChain’s GXS coin. It’s an interesting public blockchain that is being created to support the storage and exchange of personal data. Unlike current applications that simply take user data and then use it to generate corporate profits, the GXChain team envisions a way for the individual to maintain control over their own data, and be able to monetize it digitally. In this GXS Coin review, we will take an in-depth look at the project including the technology, team and token prospects. Let’s jump in.
Cons
- Blockcity is a mobile application on GXChain that will help users take control of and manage their personal data. It will allow for the sale or sharing of data, and will provide customers with incentives for authorizing the use of their data, and for validating their identity and information. With a strong emphasis on user privacy there is no caching of user data. Blockcity already has a population of more than 2 million verified users.
