GXChain (GXC) Price: Among many cryptocurrencies, GXChain which is generally referred as GXS has been hiked by more than 700% in past 24 hours. It is also referred as GXC in the crypto exchange sites. The reason for this hike is GXChain Foundation initiates a ‘comprehensive revolution’ proposal.
The “Comprehensive Revolution” proposal released by GXChain Official shows that to better fit technological innovated GXChain 2.0, GXChain 2.0 will be renamed REI Network. R.E.I is derived from the first three initials of the words Rapid, Economical, and Innovative, which correspond to the three key features of the REI Network.
The price of the coin GXChain is $3.78 at the time of writing this article. The market cap of GXChain is $284,103,989. The coin in circulating volume is $5,603,982,911. This coin has reached its maximum value of $10.61 during 2018. Following GXChain (GXC) coin news, it has reached more traders and the price suddenly hiked up by 700%.
Where to Buy GXChain (GXS) crypto?
GXChain (GXC) can be bought and sold on various exchange sites such as Binance, Upbit, Bithumb, Huobi Global, Gate.io, Digifinex, Hotbit, Bittrex, BigONE, BitGlobal for the exchange of USDT, BTC, KRW, ETH, and so on. In the coin market cap, the coin is at 287th rank.
About GXChain (GXC) Coin
GXChain price today is $3.69 with a 24-hour trading volume of $5,604,299,621. GXC price is up 517.2% in the last 24 hours. It has a circulating supply of 75 Million GXC coins and a total supply of 100 Million. If you are looking to buy or sell GXChain, Binance is currently the most active exchange.
From the developers at Gongxinbao (GXB) comes GXChain, a public blockchain that offers decentralized data exchange solutions, being the first exchange of its kind in the world. The GXS data exchange does not cache personal data, offering its customers privacy. In addition, the exchange protects data copyright, preventing data fraud and counterfeiting and supports bilateral anonymous transactions. The GXS data exchange, which was commercialized on September 24, 2017, can be used for data exchanging in any industry. Currently, the platform offers solutions for enterprises that engage in network loan, automobile finance, personal loan in internet finance and banks.
GXChain is a blockchain that supports the development of a great number of applications. Unlike other public chains, GXChain does not only support smart contract or blockchain as a service (BaaS) but also delivers many exclusive services, such as ID verification, multi-dimensional data, KYC, and swift login. GXChain currently has 100,000 TPS, which can support most business applications, and it also supports issuing new assets. The second application based on GXChain, GXB Decentralized App (Dapp), deals with personal credit management and face to face credit verification. GXChain employs delegate proof of stake (DPoS) for record tracking on the blockchain and proof of credit share (PoCS) for data exchange consensus.