Blockchain Archives - Reader Techlines


[vc_row][vc_column][vc_separator color=”black”][vc_column_text]The London-based blockchain company Stratis announced on Thursday that its Stratis Identity mobile application is available to download for iOS devices.

According to the announcement, the free Stratis app allows users to manage their identity and imprint it upon the Stratis blockchain, allowing for secure and verifiable sharing experiences without compromising sensitive personal data. Stratis Identity will also open up the potential for enterprises to securely manage customer identities using cloud-based or internet login services, Stratis stated.

Stratis is a modular platform designed to make blockchain easy, providing simple and affordable end-to-end solutions for development, testing and deployment of native C# blockchain applications (dApps) on the .Net framework.

“Mass adoption of blockchain will only come through simplicity, and Stratis Identity offers a streamlined way to verify one’s identity through popular social media accounts, using pre-existing Microsoft, LinkedIn or Google account information,” explains Stratis CEO Chris Trew. “Once one’s true identity is established through our app, a Stratis Identity can be shared securely without ever exposing any specific user’s sensitive personal data.”

Stratis explained that its app works by creating a permanent, unique record of a person, company or organization’s identity while simultaneously providing layered, permission-only access to the information. Each online social media profile has information linked to it (username, e-mail, job title, etc) stored by the account provider.

Two things happen on the Stratis blockchain when a user creates credentials with Stratis Identity, the company stated:

“First, a unique, immutable address belonging to you is created on the Stratis blockchain. Second, any confirmation of your information is encoded as a custom, hashed transaction,” Stratis stated. “Only a string of numbers and letters is placed on the blockchain, no personal information is stored – just metadata linking to your Stratis Identity.”[/vc_column_text][/vc_column][/vc_row]


The world’s first interoperable blockchain was launched today by Wanchain in Amsterdam. At the pre-launch, in London on Thursday, Blockchain News caught up with Wanchain’s CEO, Jack Lu, to find out why this is such a significant milestone not just for the company, but for the industry as a whole.

Blockchain News: Wanchain has an ambitious event schedule lined up, what are you trying to achieve? 

Jack Lu: I have an engineering background and I’ve been focusing on the product for, at least, the past six months. After we launched Wanchain 1.0 and went live in January this year, we were very focused on developing the product for 2.0, which is our biggest milestone–a cross-chain– and we’re ready to launch our mainnet in just a few days. We’ve been doing pre-launch events, touring the world, telling people we are the first ones in the world to reach this milestone. This milestone is huge, not only for our project but also for the industry. So that is why we have been doing this world tour—to promote our own chain and, at the same time, to bring all these projects—the ecosystem of Wanchain—with us. The Wanchain ecosystem is very, very important. That’s why, in the past few weeks, we’ve visited three cities in Asia. This is my fourth city in this world tour. After this, we’ll go live and I’ll go back to development and the team will continue the tour.

Blockchain News: Please tell us a little about how you became involved in blockchain and how you started Wanchain. 

and just followed their project. I became the developer of their community in Austin, Texas. At the same time, I was also introduced to the opportunity to be the co-founder and CTO of Factom. At the time, I made a decision to invest all my Bitcoins into Ethereum and invest all my time into the Factom project. Luckily enough, both these projects were a huge success after a couple of years. As you know, the price of Ethereum went up through the roof and so did Factom. 

In 2016, I decided to pursue my own dream, I wanted to launch my own project and I set up a company called WanGlue China and started looking at what space I wanted to be in and what I wanted to do. It just fitted really well, this Wanchain idea. It slowly matured. I had an idea but I wasn’t sure it could be done. I had a research team and we looked into this for a long time. Finally, we found a solution—a very generic solution—to enable us to connect or integrate with any blockchain with one single mechanism or design. The technology is called secure multi- party computation and also threshold key sharing technology. This technology allowed us to connect with pretty much any blockchain, including private chains, which is very important because a lot of traditional financial organizations, enterprises, would rather use enterprise solutions—private consortium chains—and these assets will be like the intranet of the old days. It’s just a set of computers which are connected, they are not interconnected with the rest of the world. Once we get these blockchains connected with the outside world… to really make this an internet, that’s how the old internet evolved–that’s the path we have to get across. So, I saw that requirement and we basically picked the solution that will allow us to interconnect not only with the public chains like Bitcoin and Ethereum, but also with private chains. We found a way. In 2016 we found a solution and we started incubating the solution called Wanchain. 

WAN stands for Wide Area Network, anyone who studied computing will know, it’s trying to connect a bigger network, connecting all theses intranets and creating something called the internet of blockchains, connecting all these siloed islands. Private chains are siloed islands and also Bitcoin and Ethereum. It seems like they’re global but actually they’re islands. Each one of them speaks different languages and they don’t talk to each other. So, we need to have some kind of generic solution that will interconnect with all these private chains and also public chains, and that is very powerful. 

At the same time, I found that getting them connected may not be the whole solution, we need something more than that. Because I was a strong believer in Ethereum, I figured to create something called a “programmable digital economy” is so important. I wanted to create smart contracts that can extend to all these blockchains; smart contracts that can be executed across different blockchains. 

In any economic activities–we call them digital economies–privacy is the most important thing because there are a lot of violations in privacy, including big companies like Facebook and Google. A lot of blockchains, like Bitcoin and Ethereum, don’t have privacy features, they have something like pseudo-anonymity, users activities can be still be traced. For enterprise businesses, privacy is just a must-have. I saw that and that’s the future for any blockchain, you must have privacy protection. At the same time, the government, or any other authority, will be able to audit private transactions. So, we created privacy protection that will allow the authority [to do this] as long as the transacting parties agree. They can provide something called the “view key” that will allow the authorities to audit private transactions.

Blockchain News: You’re working, then, towards a future where there will be regulation?

Jack Lu: Certainly.

Blockchain News: What sort of timeframe are you working towards? When do you think it will happen?

Jack Lu: Pretty quickly. I think that as long as we are connecting with the private chains, the governments can come and say, “Well, first you have to do KYC/AML [Know-Your-Customer/Anti-Money-Laundering], you have to have your identity verified in order to conduct certain transactions, like trading certain assets and getting certain financial access”. But the thing is, even with their real identity, people want to have privacy, they don’t want anyone to trace or track their transactions, their activities. But once the government wants to audit, you want to provide proof that “Here, I conducted all of these legally, I pay my taxes”. So, we need to create an infrastructure that is capable of complying with all these regulations. 

With all these requirements in mind, we came up with a solution. The solution’s just three key technologies: privacy protection, cross-chain and smart contracts. We think they will be able to fulfill all these requirements. Earlier this year, we completed two of them; we implemented private smart contracts. Now, in July, we’ve implemented the third one, it’s called cross-chain. So we’ve basically got the three key technologies, for all the requirements that we’ve talked about for the digital economy, and we think that these three technologies will solve pretty much all the issues. And now we are here, we’ve accomplished all the things we have promised to the community. Voila, we are here and ready to launch our key pillar. 

Blockchain News: That’s impressive. Are you keeping to schedule?

Jack Lu: Pretty much on schedule. I’ve been in IT, in the software development business, since the late 90’s, more than 20 years. I know things are never right on time, there are always some problems here and there. For blockchain, security is most important, we want to make sure there are no security flaws and, since we launched [1.0] in January, there are zero problems so far. And we’ve heard of so many issues for many blockchains. I hope that the issues won’t come for us. 

Blockchain News: What steps have you taken to avoid these kinds of problems?

Jack Lu: We take extra steps. Before we launched in January, we took two months to test the environment. It took us one month to do alpha testing and before that our community teams had already conducted vigorous testing—internally first, before we released to the public. It’s the same thing for 2.0. Actually, our alpha test network was ready two months ago. And the beta network was ready a month ago. We’ll just try our best. I’m sure that no problems will happen. 

Blockchain News: You have an incubator, WanLabs, now, as well. There’s been some questioning that maybe you’re focussing too much on that at the expense of the technology. How would you answer these criticisms? 

Jack Lu: To create our infrastructure, which I call Wall Street 2.0, if nobody comes, then it’s useless, right? So we’ve got the infrastructure ready, the basic technology is ready–that’s not enough. For this Wall Street 2.0 infrastructure to succeed, we’ve got to have a lot of buildings and a lot of people come here and create all these applications, to create real use cases. So that’s why were want to have the WanLab program and bring all these projects with us and grow the community together. The project team owns the core technology but we don’t own the network, the community does. We need to bring all these community members into the ecosystem. We own this ecosystem together and we need to build it together. It’s a natural process. If nobody comes, then we’ve failed. So we have to build this together. 


[vc_row][vc_column][vc_separator color=”black”][vc_column_text]By the end of Q2 in 2018, blockchain will still be soaring in popularity despite the recent plunge of Bitcoin and other mainstream cryptocurrency. There are increasing numbers of new blockchain projects launching, varying from gaming to artificial intelligence.

There are five projects worth mentioning. They are ATN, TTC Protocol, Hero Node, The Abyss and VideoCoin.

ATN, a global artificial intelligence project, has not set a ICO goal, while The Abyss, a gaming project, and TTC Protocol achieved 85% and 90% of their ICO goals, respectively. HeroNode and VideoCoin are the only two projects to get 100% to their ICO goal. Three of them are not rated, whereas HeroNode and TTC Protocol are rated as Medium Interest.

Among those projects that started a month ago, HER is worth highlighting. HER token was issued by Hero Node, a next generation decentralized Blockchain fog computing platform. At press time, the HER token price is $0.0226232 (+0.24%), equal to 0.0000428901 ETH or 0.00000333 BTC. Its 24-hur volume is $55,177 with a market cap of $9,153,646.

IcoDrops reported that HeroNode has generated $21,765,720 of its goal $21,800,000 (100%) during the ICO.

What is Hero Node? A new approach to DApp development…

Hero Node is a cross-blockchain, cross-platform development solution for DApp. It is based on the hero protocol and its vision is to integrate different public blockchains, somewhat akin to the Alibaba Cloud in the blockchain industry.

Hero Node introduces a new generation of decentralized computing based on what we call “fog computing,” and the HER token paves the way for developers to build on top of this platform. By building a cross-chain and cross-platform solution, Hero Node empowers developers to build DApps without needing to be experts in smart contracts.

Guoping Liu, the CEO and founder of Hero Node, summarized this opportunity and gaping hole in the market, saying, “The blockchain company who solves the tricky task of DApp development will dominate this next decade.”

How does this actually work on HeroNode? Developers can build a DApp based on Qtum, Ethereum IPFS or other DApps linked to public chains and they can be run on iOS, Android and HTML5. Developers can use this interoperability to build DApps without needing to delve deep into the highly-specialized architecture of blockchain development.

A Technical Guide to HeroNode

Hero Node’s development framework and underlying blockchain technology allows developers to pack applications into hash addresses and ensure the immutability of transactions. There are a few core elements at play:

• Public chain service: The Hero protocol integrates various public chains (ETH, QTUM, EOS) into a consistent API interface, allowing developers on Hero Node to develop their new business DApps without any understanding of these underlying blockchains.

  • Storage service: Hero Node aims to create a node ecosystem on IPFS. In this ecosystem, data is generated by development, and applications are broken down and stored in various places on the Internet. This model for decentralized storage is like a drop of water poured into the sea: as long as the Internet exists, that data cannot be lost. Once a user wants to extract their data, Hero Node selects the nearest node to process that data and then promptly returns it to that user.
  • Decentralization: Most blockchain applications still use domain names, calling into question how ‘decentralized’ they really are. Hero Node will help developers create their applications on distributed networks and run these applications by applying torrents. When an application becomes a torrent, neither the data nor the public chain are revocable, which allows the application to exist on the network forever. It is completely different from this arguably centralized, existing software (mode) life cycle (even for existing DApps).•Cross-platform application development tools: Blockchain applications will eventually come to grips with ordinary users who have no exposure to the technology and ecosystem. The experience must be seamless, and it will require blockchain applications to be installed and used on a user’s mobile phone, just like other existing common applications on iOS and Android. With its modular tools, Hero Node facilitates this seamless experience. By making the actual development process more streamlined across platforms, both developers and end users can experience decentralized applications without the clunky and siloed interface of existing platforms.This is a paid post provided by U.S. Blockchain.



Platform with a Purpose

Ethereum? NEO? EOS? NEM? All of these and countless others compete for projects in the crypto ecosystem. Each comes with its own advantages and drawbacks. Take Ethereum for example, which offers a robust programming environment, but at the cost (so far) of scaling issues that result in high fees and slow transactions speeds.

At LendLedger, we thought long and hard about these trade-offs before deciding which platform best meets our goals and needs. In the end, it wasn’t even close. Stellar is a purpose-built platform, focused on payments and exchange of value. And just like LendLedger, it’s designed to make a global impact.

Small fees for small loans

We designed LendLedger to scale to thousands of daily transactions. Every day lenders will administer and disburse loans, and every day borrowers will make repayments on these loans. Repayments will range in size from large installments to micro-payments. For this reason, it is crucial for us to keep platform transaction fees as low as possible. High transactions fees are a non-starter when it comes to small loans and micro-repayments.

Going back to Ethereum. Whilst it promises to develop scaling solutions and reduce transaction costs, in its current form Ethereum is completely unsuitable for a project like ours. Many borrowers repay their loan daily with a percentage of business sales. With gas fees that range from $0.05–0.50 per transaction, borrowers would pay more in fees than the amount of the repayment itself. This makes many loans impossible for lender or borrower.

Stellar, on the other hand, has low and predictable transaction fees. At current rates, Stellar’s base transaction fee is a fraction of a fraction of a cent. Fees like this make even small loans and the related micro-repayments tenable. Bottom line, the more loans of all types and sizes LendLedger can enable, the greater impact we can have.

It can keep up with us, so we can keep up with you

As LendLedger grows, so will the number of daily transactions. The number of transactions generated by even one borrower can be large. Take a store owner, for example, who repays his loan through a small percentage fee taken from each sale he makes. Every day he’s generating dozens of transactions. Multiply this by thousand of users and on a given day LendLedger will have to process tens of thousands of transactions. For many platforms out there, this represents their entire daily capacity.

A platform that can scale to accommodate this transaction volume is crucial. Stellar’s limits aren’t precisely known, but their developers conservatively estimate a capacity of 1,000 transactions per second. With this kind of capacity, we can deploy a fully-functioning platform without worrying that it might bog down itself, or the rest of the Stellar network.

Many lenders will rely on the LendLedger network to provide real-time loan offerings to potential borrowers. Accepting a loan should be seamless and quick. On Stellar, transactions are confirmed in three seconds. On Ethereum, on one of those days where CryptoKitties or ICOs are clogging the network, transactions may take three hours.

The discrepancy in time between when a borrower accepts a loan, and when a loan is confirmed also leaves a window open for malicious actors to game the system. Loans that clear quickly mean not only happier customers but a more secure system for everyone.

It keeps us (and you!) safe

The Stellar smart contract system is simpler and more secure than many competing platforms. This is critical for projects like ours that handle large amounts of value for users.

Frequent bugs, bugs and hacks, and more hacks of Turing-complete systems make them an unattractive option. Instead, Stellar enables a diverse range of smart-contract functionality without the complexities and vulnerabilities of such platforms.

When we consider the funds users will have staked on the system, we rest easier thanks to the minimized attack surface of Stellar smart contracts.

The simplified Stellar smart contract system also significantly lowers the learning curve for developers. Fewer moving parts means lower potential for bugs and greater speed and efficiency in development. Over the long run this should translate into more resources spent on new development and innovation.

Our mission is their mission

At LendLedger we’re striving to create a world where credit is available to everyone and trust between parties is a given. For far too long billions of potential borrowers, and the trillions of dollars which go with them, have been disregarded. Our co-founders Gautam Ivatury and Manish Khera saw this early on, when they created Happy Loans in India.

This same vision drives Stellar. The non-profit platform was established in 2014 with founder, Jed McCaleb, working to promote global financial access, literacy, and inclusion. Just like us Stellar agrees that universal access to affordable, financial services are a fundamental right. Seen from an ideological standpoint, for LendLedger, Stellar was the obvious choice.

We look forward to joining other pioneering projects such as MADnetwork, Mobius, SureReemit, and Kik to build out the Stellar ecosystem. Come join us at or on any of our community channels.


The times are changing. Generation gaps are getting larger. New technology is arriving at an accelerating pace, with the younger generations adopting it with open arms.

Starting with Cable

Cable isn’t what it used to be. Nowadays, people are turning away from traditional TV. Cable used to be the one-stop-shop for all news, entertainment, and sports related content. Subscription numbers are at an all time low as people are turning off their sets and subscribing to cheaper services. With the advent of YouTube, Netflix, Hulu, and all the ever increasing availability of on-demand content, Cable Television seems to be losing ground to what the internet can bring to the table: Endless, immediate, and personalized content.

The younger the viewer, the steeper the decline. To Millennials and Gen-Xers, flipping through channels hoping to land on something interesting is antiquated. To them, YouTube and Netflix can offer quality, personalized content right at their fingertips, for a fraction of the cost. One thing is becoming clear: The younger generation is leading the way to becoming an internet-based society.

The younger the viewer, the steeper the decline. To Millenials and Gen-Xers, flipping through channels hoping to land on something interesting is antiquated. To them, YouTube and Netflix can offer quality, personalized content right at their fingertips, for a fraction of the cost. One thing is becoming clear: The younger generation is leading the way to becoming an internet-based society.

Televised Sports appear to be traditional TV’s saving grace

Sports have become the biggest draw to traditional television. Among last year’s 50 most-watched telecasts, 44 were football, basketball, baseball, or the Olympics. Especially in America, televised sports is still among the leading genres on primetime TV programming, with Super Bowl 50 being the leading single telecast TV program in 2016. Unfortunately, this does not mean that Pro-Sport viewership is doing well. It is simply just doing not as bad than the rest of the Cable Television, comparatively. Traditional television has been losing reach. Over the past five years, viewership among millennials has plummeted by more than 40%, according to Nielsen data. Among older millennials (25 to 34) and Gen Xers (35 to 49), it is down 28% and 13%, respectively. Only over-50s are sticking with their clickers.

The streaming of pro sports has not yet made it onto the internet, and is the likely the reason why pro sports viewership has been on a steady decline for the past 5 years.

Cord-cutters have ushered in a new era in which streaming services and social networks such as YouTube, Facebook, Twitter and Amazon are becoming sources of live sports and replacing cable TV. Traditional cable broadcast networks, such as ESPN, are seeing revenue from flagship programs decline, and are losing substantial numbers of subscribers.


The founders of CoinLaunch have launched Fraction/al — a new brand focused on the creation, exchange and management of fractional high-value, illiquid assets using blockchain technology.

Using their fully functioning platform, Fraction/al tokenizes existing asset-backed securities for partners and clients preparing them for public offering.

“The reality is that the majority of utility and security token offerings are nothing more than a good idea and a white paper. After seeing this up close over the past year, we came to the conclusion that the greater opportunity isn’t just in hypothetical businesses, but real-world assets.” – Reuven Cohen, Co-Founder

Fraction/al’s goal is to use modern blockchain-based technology to unlock a vast world of assets that were previously inaccessible, with an initial focus on fractional ownership of professional sports teams, real estate, corporate equities, debt, commodities and other financial derivatives.

Though these items may have inherent value, the marketplace in which they are sold often have few buyers, in comparison to those interested in the purchase of more liquid assets. Fractionalizing high-value assets, making them more liquid, has two major advantages focused on market accessibility.

If you are the owner of a high-valued asset, such as a pro sports team, the market to find a buyer is very limited. By fractionalizing your ownership in the team, you create a much larger market for your offering, making your asset more liquid. From the buyer’s perspective, high-value assets that were once out of reach, like ownership in your favorite pro football team, are now far more accessible. For investment purposes, it also allows you to more easily diversify your funds across multiple high-value liquid assets.

“We are not promising to offer these services tomorrow, we are already providing these services today, because we believe that a more open and accessible market will increase the long-term health of our financial markets.” – Randy Clemens, Co-Founder

In just a few years, the market for blockchain-based assets has gone from literally nothing into a more than $6 billion industry in the first three months of 2018. The industry is expected to be worth $690 billion in the next five years. The market for illiquid assets is potentially a multi-trillion-dollar market, as the global private equity market alone is a $4 trillion market.

With a fully functioning end-to-end platform, Fraction/al has already helped raise over $50 million for their clients in the last two months alone, before officially introducing themselves to the rest of the world.


[vc_row][vc_column][vc_separator color=”black”][vc_column_text]Hero Node has officially launched its Lock-in Incentive and Revenue Sharing program. Since now the price of the currency is rather low, locking the position would be a good choice. The Hero Node team strongly encourage all investors who hold HER to participate in this event. Users can follow the guide to Locked Revenue Interpretation through the official event website:

While the market is rather depressing and the prices of cryptocurrencies are frequently fluctuating, Hero Node team is still moving in strict accordance with its long-term development plan. In order to protect investors’ profit, Hero Node has launched the Lock-in Incentive and Revenue Sharing Plan a value-added service.

The total private equity accounted for 2% of the total supply, closing to $400M, including the cornerstone. And for the first time, one-third of the Private Placement Amount will be unlocked on July 21, around $133M.

Market performance evaluation
The recent security issues and breaking news relating to cryptocurrency led to fluctuations in cryptocurrency prices. Instead of handing over the currency to the exchanges and watching the value going down to the bottom of the valley, it is better to take action and protect investors’ interest. Hero Node rewards long-term investors for holding HER. Instead of trading in the down market, it’s better to turn to a securer plan. Sometimes the passive investing is the best strategy.

The Lock-in Incentive and Revenue Sharing will incentivize three types of investors:

Long-term investors
For the long-term valuing investors, the incentive locking plan allows them to profit from HER in the near future. As for short-term speculators, this plan will limit their investing options.

Eco-system builders
The incentive program will be a good news for those who contribute to the construction of public chain ecological prosperity, including community maintenance, DApp construction, and ecological construction. Hero Node provides cross-chain platform for developing DApps so the eco-system requires each user’s effort to run. The unlocking plan will encourage system builders get more in turn.

Believers in the faith
Reward will eventually go to those people who firmly believe that blockchain technology can change human life. Hero Node’s ambition is not only to earn profit from its tokens, but also to provide a platform for developers to change the future of internet and lead the trend in new blockchain DApps. The early developers motivated by the belief that blockchain technology can change the world and are the same group of people currently using Hero Node.

For more information on the Locked Revenue Interpretation, please visit the official event website:

What is Hero Node? A new approach to Dapp development…
Hero Node is a cross-blockchain, cross-platform development solution for DApps. It is based on the Hero protocol and its vision is to integrate different varieties of public blockchains, somewhat akin to the Alibaba Cloud in the blockchain industry.

It introduces the new generation of decentralized computing based on what we call “fog computing,” and the HER token paves the way for developers to build on top of this platform. By building a cross-chain and cross-platform solution, Hero Node empowers developers to build DApps with convenience and efficiency.[/vc_column_text][/vc_column][/vc_row]


“Blockcity is the largest and most active blockchain community in China, and even in the whole world,” says Yunpeng Ding, GXChain Regional Manager North America. “We are really proud of the ecosystem we created. As of July 2018, there are more than 1.86 million registered users in Blockcity, comparing to the population of the whole crypto world, this is a really huge proportion. Not to mention 40 percent of them are daily active users.”

Blockcity is a mobile app that incentivizes users to cultivate marketable data and rewards them with GXS tokens if users share their information tags with the community. It aims to create an easy and convenient way for ordinary people to take advantage of the blockchain’s technical advances.

The Blockcity becomes one of the most active blockchain communities not only because its easy access is based on a reliable and stable public chain, GXChain, but also because it offers an effective solution for people to take full control of their personal data.

This July, the research institute of the Ministry of Industry and Information of China has just released its most recent Global Public Blockchain Technology Assessment Index ranking. First time to be included in the index, GXChain is placed fourth out of 31 public chains scoring high on the three factors that the index is based: technology, applications, and innovation.

“Blockcity” is the first personal mobile app developed on the public trust chain – GXChain. It is a personal data management tool that addresses data management and data sharing issues. Its vision is to create a virtual city of blockchain and a microcosm of a future credit society.

Entering Blockcity, users will create a universal digital identity G-ID. This requires users to provide governmental issued identification documents. In this way, Blockcity is linking online and offline credibility, while at the same time keeping all users’ information securely stored.

The users’ operations and behaviors in Blockcity are attentively recorded by the system because the development team of Blockcity believes credibility is the cornerstone of the survival of the whole ecosystem. Moreover, that is why Blockcity becomes an ideal ecosystem for all credit compliance that all social behaviors will be linked to credit and the quality of credit will determine the social status of residents.

Blockcity has a built-in incentive mechanism to encourage users to authorize personal data in multiple dimensions and enrich their data dimensions meaning the users can truly take control of their personal data. Moreover, Blockcity guarantees never to cache data but to protect user privacy. With the user’s authorization, these data can be cultivated and applied to different applications.

GXChain created the CBD data economic ecology on the GXChain. Beside the large personal application on the C terminal – the “Blockcity” Dapp, which is dedicated to solving personal data management and data sharing problems, GXChain also created the first enterprise application on the B terminal – “GXChain Decentralized Exchange”. It uses the decentralized method to address the trust and circulation issues in the data security exchange industry. By providing service and opportunities for developers on the D terminal, GXChain releases the commercial value of those data and creates a better supporting system for the traffic, capital, technology, and platform docking on GXChain.

1. Circulation Exchange
Binance,, etc.

2. Stability of Market Value
Despite the bear market in 2018, GXS ranks top 7th in drop resistant among the small market capitalization (50-100) and ranks 28th among top 100 cryptocurrencies.

Up until now, the number of projects applied on GXChain has exceeded 3,000. Nearly 100 projects are under incubation. More than 20 representative projects launched, such as Blockcity, DES, CoinGet, Prophet, Unitopia, WanLiMa, YuBiBao, LendChain, Lucia, DAMO, etc.

The reason why so many people choose GXChain is based on its eight key characteristics:

  • High performance and scalability

GXChain is a public chain with the high concurrent processing capability of up to 100,000 transactions per second. Considering the possibility of conducting business in the chain in the future, the GXChain supports horizontal expansion, which can quickly increase transactions per second without requiring bifurcation to reach consensus.

  • Dynamic adjustment of parameter

GXChain can modify the system parameters without bifurcation and realize the dynamic adjustment of global parameters such as block size, block speed and handling fee through consensus voting. For example, at this moment, one block is output every 3 seconds, and the parameters can be dynamically adjusted to produce one block every second; the current block size is 2M, which can be dynamically adjusted into large blocks, such as 8M.

  • DES data exchange service

Decentralized data exchanges developed on GXChain support data transactions and exchanges in many applications. Corporate and individual developers can access and use the data through transactions.

  • BaaS sidechain storage service

GXChain also provides sufficient support for the BaaS (Blockchain as a Service) interface, such as storage and verification. Developers can develop meaningful Blockchain application in value and significance in real world based on abundant BaaS-API, data transaction API and native API.

  • Massive traffic resources

At present, several million users have registered by real name on GXChain and start developing applications. GXChain allows users to register applications with G-ID one-click, eliminating the complicated registration process so that it can help GXChain reduce the cost of obtaining customers.

  • VM smart contract virtual machine

It provides a programmable and calculable operating environment, allowing the smart contracts for developer projects unimpeded on GXChain.

  • Digital asset issuance

There are digital asset issuance standards on GXChain that allow developers to freely issue, distribute and circulate applications.

  • Code open source

GXChain and related code are a fully open source on Github.




GXChain is a public chain for massive data exchange and application development. It is used to establish a trustworthy domain-wide data exchange value network based on blockchain technology. GXChain has the performance advantages of the Graphene underlying architecture based on the DPoS consensus mechanism and, meanwhile, offers the supporting functions of G-ID, GVM, BaaS, and other chains to facilitate various application development. Based on GXChain, the Dapp “Blockcity” already has over a 1.86 million real-name users, providing rich data resources for chain applications and partners. The GXChain Data Exchange for enterprise services has also been launched and has been serving over 100 companies. GXChain realizes the safety, credibility, freedom, and efficiency of data exchange transaction through the blockchain technology, which provides support for the greater use of data application value. GXChain is led by the technical team in China, and the main network has been launched in June 2017.


In a small apartment in the Gold Coast neighborhood of Chicago, Evan Witmer was buzzing with energy. For months, he had been quietly cloud mining bitcoin in Iceland and reaping the rewards—little to the knowledge of his roommate, Tony Dykstra. For a while now, Witmer has been discreetly celebrating his success in cloud mining by purchasing a bottle of champagne for every $100 he makes, amounting to many, many bottles of champagne.

He couldn’t keep his newfound obsession to himself anymore, though. Finally, he decided to invite Dykstra into the cultish, “infectious” world of cryptocurrency and blockchain technology.

Nearly a year or so later, Witmer and Dykstra have created a beginner-friendly, Pokémon Go-style app called .HIVE that rewards users for frequenting local haunts with SmartCash—a community-driven, decentralized crypto token.

The app will be implemented on the Trinity Christian College campus in Illinois, where both Dykstra and Witmer attended. Users can now sign up to test a closed beta version of the app, which is set to launch in mid-August.

In high school, Witmer purchased a handful of bitcoin when it was valued at around a dollar, however, he used it to buy “something stupid” in order to see if it would actually work. “Everyone has stories like that, missing out at the beginning,” Dykstra comments mournfully on his friend’s loss, “because no one could see this coming.”

Early losses didn’t dissuade, though. Witmer grew enraptured by the technology and began to draw his friend down the rabbit hole with him. “[Witmer] just eats, breathes and sleeps this stuff,” Dykstra says. “We’ll be watching a movie at night and he’ll just pull out his laptop and look at crypto news, crypto prices, all this stuff. It’s like, dude take a break. He just can’t resist it.”

.HIVE’s chief aspect is its low barriers to entry, meaning that anyone— not just crypto-aficionados —can play the game and earn SmartCash. Witmer and Dykstra view this as a pivotal step in making blockchain and cryptocurrency mainstream by introducing it to young people who can learn about the technology through a game.

“Basically,” Dykstra says, “[it’s] a way of making cryptocurrency fun and accessible. Obviously, Pokémon Go is very popular, but it’s not like you sign up for this as ‘I’m a blockchain enthusiast.’ It’s a fun thing, and you can go to you favorite place and sit there like you normally do and you’re going to be earning money. So, why not be apart of that?”

.HIVE is the latest addition to a growing industry of crypto-centered games, joining the ranks of EtherBots, CryptoCelebrities, CryptoCountries and the ever-popular CryptoKitties. Dykstra describes .HIVE as a “fun, less cute, more functional” game compared to CryptoKitties.

Dykstra and Witmer, at just 22 and 21 years old, respectively, are two in a million of young entrepreneurs entering the startup industry with big dreams for blockchain’s involvement. They attribute the phenomenon to the risk-taking, safety nets and lack of adult responsibilities that 20-somethings can afford to get away with.

“If you look at the chatrooms, that’s who the people are who are most adamant about [crypto],” Witmer says. “They’re the ones who are always going onto news platforms and flashing the ‘Buy Bitcoin’ signs.”

Their age has not turned off investors and partners for .HIVE. On the contrary, they’ve partnered with Trinity Christian College, located in Palos Heights, Illinois, where both attended school, to test their app among their roughly 1,400 fellow students.

The campus will act as what is called a “” on the soon-to-launch closed beta version of the game where users can simply take out the app, register that they are in the and earn SmartCash just for being there. The hope is that students will then use that SmartCash at their campus café, or to exchange it for dollars from a crypto ATM, a project that Witmer is also hacking away at.

According to Omar Sweiss, assistant professor of business at Trinity and a mentor to the duo, .HIVE will add to the college experience. “We are a Christian college. Our mission is greater than just education,” says Sweiss. “It’s getting our students ready because the world needs them. Crypto has so much value to underserved communities… We’ve had many situations where students can’t access the funds on their [student] accounts,” and blockchain and cryptocurrency could change that.

Trinity has quickly become a breeding ground for cryptocurrency and blockchain entrepreneurs and developers, with Witmer and Dykstra leading the charge. According to Witmer, who also acts as president and founder of the college’s crypto club, over 30 students have signed on to beta test the app already.

“First and foremost, we at [Trinity] don’t like to stifle innovation, even if it means some ideas fail,” says Sweiss.

With an integrated approach to business and development, Trinity students have the opportunity to pitch business ideas, access Chicago-based tech incubator 1871 and work with real  companies in classes. Sweiss even says that he thinks it would be interesting for the college to accept cryptocurrencies for tuition at some point.

Dykstra and Witmer aren’t the only Trinity-produced entrepreneurs, either. Ryan Hesslau launched an app called Above the Waves in 2017, which focuses on providing counseling and therapeutic technology to high school and college students.

After piloting the system on the Trinity campus, Dykstra and Witmer have big plans for expansion, hoping to sign agreements with brick and mortar businesses wherein they could pay .HIVE to be a, encouraging more patrons to frequent their establishments by offering rewards, such as through .HIVE paying for a coffee or grocery item.

While they’re just focusing on making games right now, it is clear that they want to be involved in the blockchain revolution eventually, which, according to Dykstra, “could improve the crap out of all these systems.”


Chicago Blockchain Project (CBP) announced today that it will be hosting its first Voice of Blockchain conference on Aug. 24 and 25 at Chicago’s Navy Pier. The event will be held in partnership with Chicago-based tech co-working space 1871 and decentralized democratic governance protocol Democracy Earth.

“Voice of Blockchain is a two-day conference gathering industry influencers, leaders in blockchain, government and business and 5,000 attendees to shape the ongoing conversation on blockchain today,” according to a press release published by CBP on July 31.

CBP is an organization that focuses on developing Chicago as the premier global blockchain technology hub through education, marketing, software and community development. In line with its vision, the Voice of Blockchain event aims to serve as an educational forum for the future of blockchain technology, in addition to providing network and recruitment opportunities.

“The world is moving from competition to collaboration, and [CBP] aims to accelerate that change starting right here in Chicago,” Joe Hernandez, founder of CBP, said in a press release.


“We believe Chicago can be the go-to place for blockchain technology and expertise, and we couldn’t be more excited to support this event for our community and the tech industry at large,” Betsy Ziegler, CEO at 1871 and partner to the Voice of Blockchain event, said in a press release.

Speakers at the conference will include industry leaders, notable bloggers, popular podcasters, Youtubers and more from the tech space, including:

  • Jimmy Song, Venture Partner at Blockchain Capital LLC
  • Lisa Nestor, Head of Partnerships at Stellar
  • Rumi Morales, Partner at Outlier Ventures
  • Tone Vays, Crypto Scam Podcast
  • Tor Bair, Head of Growth at Enigma
  • Santiago Siri, Founder of Democracy Earth Foundation
  • Meredith Darden, Cryptocurrency Investing Channel
  • Joel Birch, Bitcoin Bravado
  • Joel Comm, Bad Crypto Podcast
  • Juan Hernandez, CEO of Open Finance

Speakers and presentations will delve into pivotal themes in the blockchain technology realm, such as innovation, fintech, #BUIDL, markets and blockchain for social good.

“By focusing on decentralized solutions to the world’s toughest problems, Voice of Blockchain puts Chicago in a leading role building the blockchain ecosystem,” Herb Stephens, President of the Democracy Earth Foundation, said in a press release.

“As one of the largest blockchain events in the country,” Hernandez said, “Voice of Blockchain is arming the Chicago community with the skills to compete in the economy of the future while establishing the city as the blockchain capital of the world — we’re creating a catalyst for impactful change.”