What problem does this service solve?

NGC is the driving force of the NAGA ecosystem, which is a marketplace for a variety of digital assets.GXChain is a P2P data marketplace that allows users to monetize their data on a blockchain-based platform.

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Company Description

Naga specializes in developing technology for financial markets, virtual goods, and crytpocurrencies. Naga operates a brokerage company that has a social network for trading called SwipeStox, as well as a virtual good marketplace called Switex. The NAGA coin (NGC) was released in an ICO that raised over $50 million, and is used to power the NAGA ecosystem. NGC can be used for trading and investing in virtual goods and financial markets, and serves as the base currency for any transactions in the Naga platform.

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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