This article was first published on Stories by GXChain on Medium
Since the first half of 2020, various decentralized applications led by DeFi are in full swing, and the blockchain has once again proved to us the power of decentralization.
Since the first half of the year, GXChain has continued to move forward step by step, exploring and welcoming the changes in the blockchain world.
The original framework of GXChain is no longer sufficient to support the explosive growth of the demand from the blockchain world, so change is urgent. The new chapter of GXChain will soon be announced:
Look at the first wave of keywords:
Specifically, we will work to implement the following protocols and applications:
GXC-Oracle is an oracle based on GXChain trusted computing, and it is also the first application of trusted computing in the DeFi field. The role of Oracle is to provide trusted off-chain data input for the blockchain, opening up the real world and the world on the chain. GXC-Oracle will combine the research and development results of the GXChain team’s trusted computing to realize a high-performance, secure, and scalable oracle service. At the same time, it will use cross-chain relay to provide services for DeFi applications on Ethereum, Polkadot and other chains. The application scenarios of GXC-Oracle include the following aspects:
1. Provide key management and transaction signature functions for GXC-Relay (cross-chain relay);
2. Provide stable, credible and rich external data for Defi applications;
3. Provide credible and secure random numbers for smart contracts on GXChain.
- Estimated launch time: the end of November 2020 (the specific time will be announced in the future official account)
GXChain has been deeply involved in the financial data field since 2016 and has a multi-dimensional and comprehensive financial data solution. GXChain has provided data solutions for more than 500 financial technology companies. I believe that GXChain’s ...
To keep reading, please go to the original article at:
Stories by GXChain on Medium