GXShares (GXS or GXB) is a universal data exchange platform running its own GXChain (a public blockchain) where GXB coin is used to settle the data transactions. GXShares uses delegated Proof of Stake (DPoS) consensus protocol which is the most efficient, fastest and flexible model available. GXShares coin is powered on GXChain which supports smart contracts, app development and blockchain as a service. GXChain integrates the ID Verification service, swift login, and secure data exchange. The transaction speeds of GXChain reaches up to 100,000 TPS. GXShares was founded by MQ Huang who is the present CEO and former CTO of Hakim Information Technology. The purpose of GXshares is to provide a decentralized platform for P2P data exchange, mutual anonymous authentication, privacy protection. The typical customer base of GXB are banks, automobile finance, insurance companies, P2P lending, and consumer finance industries.
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