Home Altcoins News GoChain Enterprise Tough blockchain protocol on Proof of Reputation

GoChain Enterprise Tough blockchain protocol on Proof of Reputation

GoChain Proof Of reputation

GoChain (GO) is an enterprise tough blockchain protocol and client.  It is the most reliable web3 based blockchain protocol and blockchain company.

GoChain helps to build decentralized apps on the web3 based network, which is 100% Ethereum compatible. Thus all the ETH compatible tools, wallets, and smart contracts can be used on GoChain.

The GoChain client and protocol are the reliable and highest performance blockchain, which is easy to set up and easy for maintenance for private networks willing to run private blockchains.

Enterprise services from GoChain help to implement Dapps on the private blockchain infrastructure.  GoChain claims they facilitate rock-solid smart contracts providing for 5-second blocks with 1300 tps.  The fees are 7500x cheaper than Ethereum. Thus they are a green blockchain reliable facilitating good performance.

GoChain is committed to current and future blockchain-based supply chain solutions. 

GoChain and Lenovo

On January 06, 2020, GoChain announced that Lenovo had signed a node operating agreement with GoChain.  Being a signing node, Lenovo will be one of the top 50 enterprises and organizations to run specialized servers, which will facilitate GoChain networks Proof of Reputation (PoR) consensus algorithm.

The Lenovo blockchain signing node will be operated in the liquid immersion data center for cooling.  The Midas Green Technology is used by the Blockchain Resources Corp to build “green” data centers meant to house the Lenovo node.

Jason Dekker, Co-Founder, and CEO of GoChain, stated, “We are extremely proud to not only welcome Lenovo as a Node signer, but to be part of a pioneering effort in green technology. GoChain was founded with a focus on driving adoption of technology for the betterment of society, and we strongly support their commitment to reducing energy usage with liquid immersion cooling technology.”

Sydney Ifergan, the Crypto Expert, tweeted:  “GoChain is working to ensure that they are holding to their Proof of Reputation network. It is good to see that several techies are working towards green energy initiatives.”

GoChain Future

GoChain recently made it to DTECH2020, and they stated that they were excited to learn about the future of energy and about how the industry is transforming.  The company is focusing on staying on top of all things blockchain in the current year. They are accelerating their ambition on all fronts.  

GoChain believes that a trusted blockchain should be diverse and geographically distributed.  The company has played a small role in building the future and banking of Africa. Go Chain believes that it takes 20 years to build a reputation. The information facilitated on GoChain can denote many things ranging from the transfer of money, asset ownership, transaction, and even about someone’s identity.  They are all set in their mission to make use of eco-friendly methods to run GoChain.

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Maheen Hernandez

A finance graduate, Maheen Hernandez has been drawn to cryptocurrencies ever since Bitcoin first emerged in 2009. Nearly a decade later, Maheen is actively working to spread awareness about cryptocurrencies as well as their impact on the traditional currencies. Appreciate the work? Send a tip to: 0x75395Ea9a42d2742E8d0C798068DeF3590C5Faa5

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