Solve the trust pain point and build a blockchain value ecosystem with Yixuanchain decentralized data exchange

When talking about blockchain, we can’t avoid the year of 2014. It was also in this year that the industry began to realize the infinite possibilities brought by blockchain technology. In addition to the digital currency field that we have repeatedly mentioned, blockchain technology can use its characteristics to solve various existing pain points for us in distributed identity authentication, autonomous organizations, domain name systems, etc. At the same time, Ethereum entered the public eye. Because of its smart contract method that supports diversified business scenarios, it was generally accepted by blockchain developers and derived multiple blockchain-based DAPPs.

Reduce costs and improve efficiency. Yixuanchain public chain technology drives industry development

After years of exploration and practice, the unique encryption mode of blockchain has provided the most important credit support for traditional industries and can better expand business. The most important role in this is undoubtedly the most basic public chain technology. Compared with other public chains, Yixuan Chain, which is based on DPOS, POW and IPFS distributed storage consensus mechanism, currently has a TPS processing capacity of thousands of transactions per second, and is a public chain that can truly meet the needs of commercial services. In addition to excellent performance, the most important thing is the blockchain application developed based on Yixuan Chain, creating a blockchain digital asset exchange, which can quickly find users in decentralized data exchanges, multi-field data transactions and exchanges, allowing corporate users and developers to provide services to target users more efficiently through user-authorized data, reduce costs and improve efficiency, and solve the user cold start problem of most blockchain applications.

Different applications have different specific business scenario requirements. Yixuan Chain provides different users with a customizable blockchain framework, which can facilitate rapid development and application for different business scenarios. Yixuan Chain has better elastic support for different businesses, meeting the specific business needs and governance needs of various industries, and can also integrate general components and industry component services based on the business.

Tens of millions of data transactions are easy to be carried out, and the data assetization exchange of Xuanchain shares the marketing value business ecology

At present, many entrepreneurial teams and large enterprises are developing their own vertical applications under the underlying technical architecture of the blockchain of Exuan Chain, and Exuan Chain is fully capable of providing these enterprises with efficient and reliable storage and transaction guarantees at the underlying technology level. In the existing decentralized data exchange of Exuan Chain, the data transaction volume has already exceeded tens of millions, and cooperation agreements have been signed with more than 100 enterprises. In the shared marketing value business ecology of the Exuan Chain project, through the characteristics of smart contracts, consensus mechanisms, encryption algorithms, privacy protection and other features of blockchain technology, trusted alliance institution data such as academic qualifications, finance, and medical care are accessed. On the premise of ensuring that the data of the main chain of Exuan Chain is authentic and reliable, all data is recorded in the public blockchain of the blockchain, becoming the data source of the decentralized exchange, and providing authoritative and clear user group portraits and corresponding data that have been assetized for employing enterprises, financial institutions, commercial insurance, etc. In addition, Exuan Chain and related codes have been completely open source on Github (open source address: https://github.com/ExuanChainTeam).

In terms of information security, Yixuan Chain itself only provides a transaction channel and does not touch or cache data to protect corporate data, thereby ensuring the absolute security of user privacy data, account information and personal sensitive information. Anyone can join the EXC network node. The demander can obtain the corresponding assetized data through a smart contract based on zero-knowledge proof and fully homomorphic encryption. At the same time, trusted alliance organizations, developers and EXC official platforms can all obtain a certain proportion of EXC Token income. Based on EXC's DAPP, the demander can also pay EXC Token for daily business scenarios such as brand display, talent recruitment, and promotion of public welfare and charity. On-chain users can obtain EXC Token by browsing advertisements, recommending talents, and participating in charity.

Specifically, Yixuanchain solves the fundamental problems of blockchain applications from the technical level, value circulation level and ecological construction level:

(1) On the technical level, Yixuanchain has developed an innovative blockchain system featuring: multi-chain technology and hybrid consensus algorithm, cross-chain protocol and efficient collection of smart contracts, which will effectively solve problems such as performance, scalability, application diversity and value islands.

(2) Based on the innovation of the underlying technology of EXChain, which adopts dual-chain hybrid, Yixuan Chain will provide a value flow layer consisting of modules such as identity authentication, tokenization protocol, token transmission, decentralized trading system, and in-application token exchange. The innovation of Yixuan Chain lies in that the Yixuan Chain team believes that the infrastructure provider of blockchain cannot only provide technology, but also make the economic model work, that is, the value symbolized by tokens can be defined and flow under the rules defined by the principles of cryptoeconomics. Only in this way can blockchain applications, that is, the so-called decentralized applications DAPP, be truly meaningful.

(3) Going further, at the level of ecological construction, the Yixuanchain team firmly believes that blockchain will profoundly change our economy and society. Therefore, in order to support the use of blockchain applications to a greater extent and scope, the Yixuanchain technology community will build an ecosystem of public shared applications through on-chain governance, token economy and interconnection between applications, and solve the current problems of high application development thresholds and difficulties in blockchain digitization.

In 2017, the concept of blockchain exploded in China and quickly entered our field of vision. In 2018, it is a time of fierce competition for cutting-edge technology developers to implement the concept of blockchain. As one of the countries most sensitive to technological development, China has already attached great importance to blockchain technology to the level of strategic development. With the efforts of excellent underlying public chain developers like Yixuan Chain, we may see more high-quality blockchain applications being implemented. On the afternoon of June 8, 2018, Yixuan Chain will hold a press conference at Grand Skylight International Hotel in Ganzhou, Jiangxi. Enterprises and individual users who want to know more about blockchain should not miss it!

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