What problem does this service solve?

Cosmo Coin's goal is to use blockchain to add transparency and efficiency to the cosmetics industry.GXChain is a P2P data marketplace that allows users to monetize their data on a blockchain-based platform.

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Company Description

Cosmo Coin is developing a decentralized marketplace for the cosmetics industry. Their blockchain-based platform will connect companies that manufacture cosmetics, and service providers in the beauty industry, with customers. Their network is powered by the Ethereum based COSM token.

GXChain allows users to take greater control of their personal data and creates a blockchain-based marketplace of data. Unlike centralized data centers, the GXS marketplace provides more privacy through encryption and allows users to profits from access to their data. GXChain's platform allows users to generate a unique digital identity and manage their personal data through the Inter Planetary File System (IPFS). Users can then monetize this data according to their preferences and well defined smart contracts. The network features an innovative hybrid consensus mechanism that combines Delegated Proof of Stake (DPoS) and Proof of Credit Share (PoCS).

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