ASCH and GXShares, Power Together to Create a Shared Economy of Blockchain Industry ASCH Follow Jan 25, 2018 · 3 min read

ASCH and GXS reach a strategic partnership. In the early stage of the project, XAS and XCT will be launched into the Block City project of GXS, and the cooperation will be further strengthened in the later stage.

ASCH and GXS are two blockchain projects known for their pragmatic development in the blockchain industry in China. They also have a sound ecosystem of blockchain. The alliance between them makes the construction of the ASCH community further perfect, but also makes the treasure of GXS Block City richer.

As one of the few mature bottom public chains in China, ASCH is committed to the research and development of sidechain technology and has always been at the forefront of similar projects. With the improvement of the underlying technology of ASCH chain in the past year, it has already laid the foundation for flexing its muscles and preparing well for it.

In the “5 1” strategic planning of ASCH in 2018, it is even proposed to hold a global grand competition for application and development of the blockchain and complete the grand goal of 100 innovative application projects of the blockchain throughout the year, which will greatly promote the large-scale use of the domestic blockchain applications.

Choosing GXS, the leader of data management and sharing in blockchain industry, as its strategic partner has further strengthened the extension of community resources and broadened the road to realizing the talent demand of the “5 1” strategic planning.

GXS has always been committed to letting citizens become masters of their own data and making the data available to citizens themselves. The vision of using the blockchain to reconstruct a credit society has never changed. The development of its application, Block City, succeeds in establishing the first blockchain virtual city in the world and perfects to create a future credit society.

In Block City, residents can collect their own personal data distributed on each platform and place them in centralized encrypted storage so that data ownership can be returned to users from other platforms. Residents can authorize their own personal information to dig for the corresponding digital asset rewards. In just less than two weeks, the number of users has soared to 300,000, and this makes more people know about ASCH.

Although the current blockchain industry is still in its infancy, as the industry dividend continues to stimulate the participation of the otc teams, it will inevitably lead to the fierce competition in the later stage. As the saying goes, “The struggle is all the same in the interest of combining the two interests”. As the same high-quality blockchain projects that persist for the development of the national blockchain business, we should make concerted efforts to create a shared economy in the blockchain industry with mutual help and support.

In the coming days, ASCH welcomes more projects to come together to jointly create a shared economy ecosystem in the blockchain industry!