What does Gongxinbao do when it binds to Taobao (Gongxinbao gxc)?

What does Gongxinbao do when it binds to Taobao?What does Gongxinbao do when it

What does Gongxinbao do when it binds to Taobao (Gongxinbao gxc)?

What does Gongxinbao do when it binds to Taobao?

What does Gongxinbao do when it binds to Taobao?

Gongxinbao binds to Taobao for the purpose of linking and recording transactions of goods through mobile phone numbers. It establishes a decentralized network between merchants and users, ensuring secure sharing of data assets. Additionally, it enables operations such as voting and trading based on this network, guaranteeing the authenticity and privacy of platform data to provide consumers with a better shopping experience. This marks Gongxinbao’s first launch of blockchain technology services to all merchants through “WeChat+Alipay.”

Gongxinbao gxc

Gongxinbao gxc is a trusted credit system based on blockchain technology, incorporating distributed ledger technology (DLT) to integrate the traditional financial industry with off-chain economic models. Gongxinbao has introduced a new functional module called “Digital Proof System,” or GXC-Chains. Currently, this version has been launched on the main network and pre-sale has begun. In addition, users can sign, verify, and authorize data through public keys, and automatically obtain assets through smart contracts.

It is reported that Gongxinbao was established under the guidance of the Blockchain Professional Committee of the China Mobile Communications Association, with the aim of establishing a decentralized global credit information network platform. (Huo Mars Finance)

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