GXB - A Decentralized Data Exchange
steemit·@inviterx·
0.000 HBDGXB - A Decentralized Data Exchange
# ***Blockchain-Decentralized Data Exchange*** -----------------  ***Blockchain is one kind of distributed storage technology and featured with network wide broadcasting, point-to-point(P2P) transmission, tamper-proofing, all-people book keeping, benefiting from mutual trust and other characteristics.*** ***It is the most advanced FinTech technology today, born to remodel the financial and living architecture. GXB's decentralized data exchange is established based upon the very same technology, which had initiated paradigm-shifting revolution to the existing data trading system.*** ***With GXB Exchange, traded data will not be cached and the suspicion of "data precipitation" by traditional data exchange will be cleared. Data source owners should be benefited permanently with the support of "digital assets ownership authentication" technique. With point-to-point(P2P) data transmission, asymmetric data encryption technologies, the data will not be stolen and cracked, which could guarantee the trading security.*** ***Personal sensitive data shall be traded after obtaining the authorization which brought the transactions into the light of day and effectively curbed the leakage of personal data. The design of anonymous trading will safeguard to the privacy of all parties to the trade. Proper credit share (POCS) solved the unequal trading between large and small enterprises. The effective data access and monitoring mechanism will eradicate false data.*** ***GXB introduced the original consensus algorithm that the underlying technology could support a transaction scale near million times per second. The unique "coalition" mechanism allows for quick deployment of GXB in ubiquitous of social, government, medical and insurance industries under the same Blockchain.*** ***As the consumer finance market scale of china is up to RMB 20 trillion per year. GXB could significantly improve the level of risk control of the finance enterprises and seize a nearly RMB 1 trillion data trading market. GXB is forging ahead and opening a new era with technological revolution!***
👍 david307, good-karma,