Blockchain as a Government Affair Service — GAChain
Shenzhen GAChain Technology Co.,Ltd. ,fully invested by SHENZHEN Chain Hold Technology Investment Co., Ltd., specializes in the research, development and application of blockchain.
With the seven years blockchain technology development, GAChain as the “Blockchain as a Government Affair”, is the first public blockchain to create the sovereign ecological environment in the world. It is a new blockchain underlying protocol based on the consensus mechanism of the DPoVE (Delegated Proof of Valued of Ecosystem).
GAChain combines the financial system, registration management organization, smart contract algorithm, and the formation and execution mechanism of smart law in a unified blockchain platform, which is successfully applied to government, financial, commercial and other social applications, such as the payment system, certificate exchange, insurance and credit institutions.
Technological Development
GAChain Programming Language
G Language
You can use byte code to quickly write the unique language for smart contracts.
Chain language
The special language of template interface engine written for application and user interface
Important technical breakthroughs and technical advantages of GAChain based on blockchain
Hierarchical management of sovereignty
Distributed encrypted storage
VDE constructs the ecosystem of outside of the chain
Collaborative across different location
Block chain + database with the mode of efficient storage
Smart transaction processing mechanism
Tampering-proof mechanism
8.Centralized Management and decentralized business processing
- Large capacity and high efficiency: 3s/ block
Visualized drag and drop platform
Easy customizing and developing individualized ecosystem
Visual interface designer
The visual interface designer based on GAChain design can quickly customize the appearance of the application interface without writing code when creating the platform you want.The visual interface designer can add text layout, forms, navigation bars, tables and icons to the page, as well as the configuration style, location and size.
Drag and drop designer
Without understanding the writing language of smart contract and interface , we can complete the complex functions of heavy weight applications consisting of multiple smart contracts and interface pages. It can easily implement the function of all blockchain projects and other non graphic class centralization applications.
Block chain 3.0 — GAChain application scenarios
Taxation
GAChain has reached strategic cooperation with MIAOCAIWANG, a tax collection system operator, the leading enterprises of domestic finance and taxation, the electronic invoices approved by the State Administration of Taxation. MIAOCAIWANG integrates the core business of tax collection and electronic invoice to GAChain, which can be supervised, traceable and easy to transfer by GAChain. With the advantages of tamper-proof, high concurrency, and external interface, on the premise of not increasing the cost of the reform of each department, from the source of the electronic invoice generation to the end of the circulation, the enterprise customers simultaneously carry out the tax reporting process while simplifying the process conveniently. Also, the tax authorities can monitor each electronic invoice immediately and the public can query the authenticity of each bill. This taxation system based on GAChain making the whole tax bill operation simple, convenient and transparent, and play a very good inhibitory effect on the disorder of the invoice.
Commercial Trade
- Cross-border e-commerce achieves global business expansion
Based on the DPoVE consensus mechanism of GAChain, every country and every field can conduct the transaction, circulation and payment from offline entity industry and online virtual domain.
While supporting online payment, it can be transferred through cross blocks to attain efficient coordination of offices in various regions, achieving the circulation payment of shopping mall members online, to greatly expand the scope of payment.
- Reduce the cost of commercial operation and improve economic efficiency
GAChain has the essential characteristics of the blockchain, which can effectively reduce the unnecessary transaction and institutional cost, which making the digital economy more truthful and credible. Thus, the economic society will become more fair and transparent.
Block chain payment allows participants to share real time accounts and use the consensus mechanism to verify the authenticity of the transaction. A large amount of transaction costs are saved because the whole process does not require a central organization to review it.
Finance
Geatly reducing the transaction cost;
Solving the financing difficulties of small and medium-sized enterprises
Further optimizing the credit system
Breaking through regional restrictions and improving investment and financing environment in less developed areas
Tokenize asset
Based on GAChain, a financing transaction and service platform can be created, which can be traded through various tokens, such as GAC, BITCOIN and ETHER.Assets can be refined and the degree of freedom of circulation is greatly increased.
The BlockChain wallet contains unlimited Token address sets, which can be used for capital transactions around the world to indeed achieve borderless.
On the platform, you can query the flow of funds in your account in real time;the details of buying and selling cards, wallet address, amount, and number of bank slip
Supply chain
1, accurate tracing
Records information: The property of blockchain that cannot be tampered with, will prevent the data forgery.
Information tracking: “One thing one code”, intelligent tracking, transparent sharing process, linking commodity ownership and transfer relationship.
Multiparty participation: Enterprises, consumers and government departments participate in supervision.
- Accurate risk control
Unified voucher ensures the unique authenticity and greatly reduces the cost of verification.
Processes can be seen to enhance transparency of performance and improve financing management capability.
Data recording helps to promote credit rating system and reduce risk control cost.
Internet of things
The core defect of the security of the Internet of things is the lack of mutual trust mechanism between equipment and equipment. All the equipment needs to check the data of the center of the Internet of things. Once the database collapses, it will cause great damage to the whole Internet of things.
The distributed network structure of blockchain provides a mechanism to keep the consensus among the devices, without the verification of the center, so that even if one or more nodes are broken, the data of the whole network system is still reliable and secure.
The blockchain technology can provide point to point direct interconnection for the Internet of things to transmit data, rather than through the central server, so that distributed computing can handle hundreds of millions of transactions.
At the same time, we can make full use of the computing power, storage capacity and bandwidth of large amount of idle equipment distributed in different locations for transaction processing, and greatly reduce the cost of computing and storage.
In addition, blockchain technology superposition smart contracts can transform each intelligent device into an independent network node that can self-maintain and adjust. These nodes can perform functions such as exchanging information or verification of identity with other nodes on the basis of predefined or implanted rules. No matter how long the equipment life cycle is, the Internet of things products will not be out of date, saving a lot of equipment maintenance costs.
GAChain is a blockchain technology with Chinese characteristics and conforms with China’s national conditions. It is a truly original blockchain technology in China.
As a new technology for data storage and interaction, the core of GACHAIN is not to replace other technologies, but to merge smoothly into the original technology system. It is a more efficient, convenient, more transparent and trustworthy new mechanism for data storage and interaction.
To sum up, the goal of GAChain is helping the existing industry system to better conducting its own business, while it can achieve efficient data drawing from the secrecy and reasonable level, and build a safe panoramic data ecology of the data sharing consensus system.