GoChain Whitepaper

Cryptocurrency and smart contracts are changing the world economy. From a currency perspective, what was previously impossible in most of the world – transferring money globally in an instant – is now not only possible, it’s safe, fast, easy and almost frictionless. Smart contracts are also rapidly changing the way business is done. A smart contract is a computer protocol intended to digitally facilitate, verify, or enforce the negotiation or performance of a contract. Smart contracts allow the performance of credible transactions without third parties. These transactions are trackable and irreversible. The potential uses of cryptocurrency and smart contracts via the blockchain are revolutionary and have the potential to disrupt almost every industry and institution imaginable. But, there are problems in making this vision a reality. The largest and most immediate problems are blockchain in its current form is not scalable, lacks real decentralization, and is using absurd amounts of energy that is not sustainable. We intend to fix those problems with immediacy!

gochain-whitepaper-v2.1.2

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