[PRE-ANN] ExChain, P2P intelligent economic exchange system

The development of human society is connected with various trading and transactions,from the primitive barter to the emergence of currency, to the modern advanced monetary system, all of which facilitate the transaction.

As we all know, the traditional network transaction payment relies on the central platform and clearing center. The third party central trading agency has the risk of theft, abuse of power, fraud and so on. From the thefts of Mt. Gox, Poloniex, biter in 2014, to theft of Coincheck, binance this year, the coins thefts have never been stopped. Even a large company with strict supervision and safety system is unable to avoid this even.

Exchange chain is dedicated to the point to point intelligent economic exchange system, combining block chain technology with real economy, to build a stable and reliable decentralization electronic financial system for users. The decentralized trading system integrates assets with smart contracts so as to provides adequate protection for trading. Only when the whole network confirms, the system can unfreeze assets and complete the transaction, thereby we can avoid the risk of third-party custody.
The existing block-chain technology rarely realizes the large-scale landing application. Neither bitcoin the ancestor of virtual coin or the popular Ethernet Square cann’t support the real economy. Most block-chain projects are still in the conceptual stage. The exchange chain will not only be limited to the exchange of digital assets, but also provide protection for offline physical transactions. The project of exchange chain is to provide good support for the exchange of digital assets to offline physical assets, and to realize the first decentralization of physical and digital assets exchange in the world.

The value of the exchange chain originates from the effective exchange and transfer of assets. And the transaction contract is extensible, efficient and flexible. The exchange chain team is committed to breaking through the traditional trading constraints, forming a unique digital ecological exchange system, creating transparent and efficient contract systems and pushing the widely use of the exchange chain.