What kind of company is XNChain (What does XNChain do)?
According to XNChain news, what kind of company is XNChain? XNChain (CBT) is a
According to XNChain news, what kind of company is XNChain? XNChain (CBT) is a technology platform and service provider based on blockchain. Currently, its main businesses include technology development, technology transfer, and market promotion. In terms of products, it supports two modes: consortium chain and private cloud; and three methods: technology research and development, operation and maintenance, and community management; as well as operations such as technology operation and maintenance/system maintenance, and asset on-chain, etc.
It is reported that XNChain is an internet company focused on blockchain technology, founded in 2014. It includes Microsoft Azure’s underlying framework for blockchain, Tencent’s own blockchain infrastructure, Alibaba’s Baas service platform, and so on.
What does XNChain do?
What does XNChain do and where can it be applied? XNChain is a distributed database system (DBM). The underlying framework of this system is the microservice software development toolkit “Super Cloud.” It aims to solve the current demands of internet giants for data management, storage, as well as data security challenges.
It is understood that XNChain is mainly divided into two stages. The first stage is the XNChain node running on Ethereum, and the second part is support for Ethereum smart contracts. The third stage is the construction of a consortium chain on the blockchain. This project will achieve decentralized, anti-tampering, and traceable characteristics through a consensus mechanism. (BlockBeats)
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