Gongxinbao (GXB) is a blockchain-based decentralized data exchange, designed to set up a bridge between data source information of all kinds of platforms and realize the peer-to-peer trading and sharing of data between all kinds of organizations or agencies.
An ideal data exchange shall enable all parties pertaining to the transaction to transfer and exchange data with the minimum involvement of risks and costs. We have redefined a new product named GXB developed on the basis of the decentralized concepts and blockchain technology. In the first place, GXB shall break the deadlock of the issue of “data precipitation” existing in traditional data exchanges. Any third party other than the parties involved in the transaction shall not be able to access the data. Meanwhile, in order to guarantee the identity privacy of the enterprises, the identities of both parties in transaction shall be anonymized by GXB. In addition, it shall enable the equal exchange between enterprises with a wide gap in their data volume, ownership authentication of digital assets and the capacity on how to effectively curb data fraud in data exchange.
GXB Data Exchange, a universal data exchange platform and an alliance chain (public blockchain) underlying on the blockchain technology, is applicable for the data exchange of all walks of life. Its typical customers cover the internet finance enterprises, governmental departments, banks and insurance agencies etc. industrial enterprises with data exchange demands (hereinafter refers to as the Merchant). In order to better demonstrate its applications and access to the market rapidly, we shall firstly opt to select the P2P lending, car finance, consumer finance, banks etc. internet finance merchants as the target customers and the financial performance data generated by these organizations and agencies shall be the prime assets for data exchange.