What is PoC Blockchain (What is PoC Coin)

What is PoC Blockchain? PoC (Proof of Credit) is a type of Distributed Ledger Te

What is PoC Blockchain (What is PoC Coin)

What is PoC Blockchain? PoC (Proof of Credit) is a type of Distributed Ledger Technology (DLT) protocol. It uses PoC mechanism to facilitate the exchange and transaction processing of different types of digital assets, data, and information. Some common applications in the market include: payment settlement systems – P2P payments; cross-chain smart contracts – public chain technology.

PoC is a open-source, unmanaged, decentralized application based on the underlying development of Bitcoin. Its goal is to provide a seamless way for enterprises to engage in global digital finance without compromising the security of the main network.

What is PoC Coin

According to official sources, PoC is the ecological coin of PoC public chain. According to the introduction, PoC (Proof of Credit) is a type of digital currency coin. It is designed based on the distributed ledger method and consensus algorithm of blockchain technology, and to some extent, it has the same value as mainstream fiat currencies such as Bitcoin. Its purpose is to enable more people to use digital identities to verify transactions and make payments or transfers, while also providing a decentralized electronic cash system that can be used for payments, transfers, and storing funds.

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