RENO, USA – ARLINGTON, USA, FEBRUARY 2, 2020 — Conservation International and GoChain, a leader in enterprise and government blockchain solutions, today announced the signing of a Node Operating Agreement whereas Conservation International is now operating a signing node in support of the GoChain blockchain network.
GoChain (GO) - USDT
GoChain (GO) Trending Posts
RENO, USA, JANUARY 29, 2020
—GoChain, a leader in enterprise and government blockchain solutions, today announced a collaboration with Morpheus.Network to bring enhanced, end-to-end blockchain and IoT-based supply chain solutions to clients. As part of this strategic collaboration, GoChain will pair Morpheus.Network’s cloud-based interface and IOT-compatible tracking system with GoChain’s enterprise-grade blockchain protocol and smart contract solutions.
Goldbell Joins GoChain Blockchain As A Signing Node
GoChain
Jan 13, 2020, 09:42 ET
SAN FRANCISCO and SINGAPORE,
-- Goldbell Financial Services ("Goldbell") and GoChain, The Blockchain Company, today announced Goldbell will operate a signing node in support of the GoChain blockchain network.
As a signing node, Goldbell will be one of 50 enterprises and organizations to run specialized servers that facilitate the GoChain network's Proof of Reputation (PoR) consensus algorithm and validate the blocks of transactions on the network.
Goldbell Financial Services (GBFS) is a subsidiary of Goldbell Group, Singapore's leading brand for the leasing and distribution of industrial vehicles.
GoChain uses a Proof of Reputation (PoR) consensus model that depends on the reputation of the participants to keep the network secure. A participant (a block signer) must have a reputation important enough that they would face significant financial and brand consequences if they were to attempt to cheat the system. This is a relative concept as almost all businesses would suffer significantly if they were caught attempting to be deceitful, but larger companies will typically have more to lose and thus are chosen over companies with less to use (smaller businesses).
Once a company proves reputation and passes verification, they may be voted into the network as an authoritative node and at this point, it operates like a Proof of Authority network (PoA), where only authoritative nodes can sign and validate blocks .