Review on GoChain by francis fernandez
Gochain: a hybrid chain that integrates the main organizations within a secure and transparent network
Gochain is a platform that provides solutions based on blockchain technology to organizations, developers and advisors, in terms of supply chains of products and services, international trade, transfer and exchange of assets.
Technology:
Gochain is the platform that is based on web 3.0 with high scalability and robust and sustainable infrastructure.
Include smart contracts in your operations for greater equity and network security.
The chain is a pioneer in the use of the Proof Of Reputation (POR) consensus protocol.
Gochain is known as a hybrid chain, which has private networks that allow restricting access and participation to the chain. However, this does not detract from scalability or alter your ledger.
Gochain also offers scalable hybrid blockchains with public features that provide transparency and security.
Gochain's governance encompasses a globally diversified conglomerate of organizations and companies.
In this sense, the platform constitutes a public chain ledger, scalable and sustainable.
Chain utilities:
• Provides transparent support to companies with supply chains.
• It is used to carry out global commerce online.
• Allows you to make online payments internationally.
• Serves for the exchange of goods and services through the use of digital money.
• Allows transactions of digital assets between multiple chains.
• It is used to carry out trading.
• It is a useful tool for staking cryptocurrencies.
• Serves as a base tool for developing blockchain projects.
• Allows you to integrate other applications to their platform.
Pros
- It is a platform that provides transparency and security in their transactions.
- Allows its users to maintain control over their crypto assets.
- It is a scalable network due to its compatibility with Ethereum.
- It is a public chain with access to its open code.
Cons
- Its value as a digital currency is unstable.
