Maxonrow builds a real blockchain identification system to stop fraud
Sammi Huang, Taipei; Willis Ke, DIGITIMES
The blockchain network in the US Maxonrow is actively moving to build a real-name blockchain system to prevent fraud and illegal transactions and will try to cooperate with governments, companies, organizations and individuals to move resources securely through the blockchain.
The CEO of Asia Jin Tai said that with the real certification system, Maxonrow is trying to optimize public administrations all over the world, it offers better services to all parties in its blockchain network ecosystem and prevents any fraudulent transaction.
Blockchain technologies are witnessing increasingly diversified applications, including intellectual property trading, encrypted message transmission, electronic medical record experimentation, electronic voting, digital ID authentication, accelerator platform, fundraising platform, ATM cryptocurrency, investment in cryptocurrency, smart retail contracts and sustainable certification CSR.
IDC estimates annual global investments in blockchain solutions will reach $ 2.1 billion in 2018, compared to $ 945 million in 2017, and could rise to $ 11.7 billion by 2022.
Gartner also estimates that the added values generated by blockchain applications will exceed $ 176 billion by 2025, before reaching $ 3.1 trillion by 2030.