What platform does Gongxinbao trade on (what does Gongxinbao do)

08/06/2023 00:48 • AI Insights • 94 views

On what platform does Gongxinbao trade? According to official information, on what platform does Gongxinbao trade? Gongxinbao is a currency transaction conducted by Binance, one of the largest digital currency exchanges in China; With the support of internationally renowned blockchain investment institution Sequoia China, Gongxinbao has officially entered the global perspective and successfully entered mainstream assets According to public sources, in October 2019, Binance completed its first investment in virtual currencies such as Bitcoin and EOS, with a total value of over $200 million; In November 2019, Binance and OKEx reached a strategic partnership to jointly build an open financial infrastructure based on encrypted assets, aiming to make traditional financial services more convenient and secure through innovative technologies; At the end of March 2021, Gongxinbao completed the first phase of private equity round financing, with a total amount of 60 million RMB and a current scale of approximately 30 million USDT (including 7 types of cryptocurrencies such as BTC, ETH, and XRP)

What does Gongxinbao do

What does Gongxinbao do Gongxinbao is a credit data service platform based on blockchain technology, jointly established by Tencent and Alibaba, dedicated to creating a “trust machine” to help businesses, consumers, and governments establish a trustworthy data sharing ecosystem. Its main goal is to conduct credit evaluation centered on users and achieve information disclosure through third-party institutions. Gongxinbao also launched the Digital identity authentication system “smart code” and distributed secure storage device (CPU). These two products both use hardware chip designs with the same name, which can ensure that the user’s identity is real and cannot be tampered with; At the same time, Big data analysis is used to ensure personal privacy, so as to improve the security of users’ identity assets and enhance customer confidence.

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What platform does Gongxinbao trade on (what does Gongxinbao do)

What does Gongxinbao do

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