Global Social Chain(GSC) is the world's 1st Social Chain based on hundreds of millions of users. (https://gsc.social)
Summary
With the rapid development of Blockchain technology, more and more entrepreneurs are seeking for the combination of the underlying technology, in order to reach its true value.
GSC is determined to use block chain technology to subvert centralized social networks such as Facebook, WeChat, etc., which plays a dual role as ‘manager’ and ‘arbiter’ simultaneously for the former social networking platforms.
The Pain Point for Social Networks Industry
Social network is the most important basic measure of the Internet. It conveys the user's daily high frequency interactive behavior. However, at present, all the centralized social networking platforms, such as Facebook, Snapchat, etc., are facing many pain points.
1.The security of users' private information cant be guaranteed;
2.The user data can be used by the platform at any time;
3.There is a lack of incentive as the values created within the content of the user belong, at last, to the platform;
4.Credit system vulnerability, false information, and low social efficiency.
GSC is the Solution
GSC's vision is to utilize the block chain technology to restructure the values of the next generation of social networking platforms and let the security of the private data and the digital assets become individual.
GSC creatively solves the following industry pain points:
1. To protect the security of users' personal information and to prevent the tampering of such information;
2. To restructure the user's digital asset ownership, preventing the platform from collecting and misusing the users private information;
3. To build a value-oriented social network: Use values to encourage the modification on how the content is produced, extended and distributed. Consequently, the content created by users can be turned into their own value;
4. To establish a fair social user credit evaluation system, creating a friendly and healthy social environment, and improving social efficiency.
GSC’s Strategic APPs
In May 2017, the team found that the pain points of social network can be solved by block chain technology.
Through the in-depth cooperation with the famous social networking application Mico (http://www.micous.com), it’s the great chance to validate the solution of the blockchain technology on the product matrix of Mico and made very effective progress.
Mico is a mobile social platform which has created its own territory in the giant global social market, quickly accumulating hundreds of millions of users and entered the top five social tables in more than 60 countries, becoming the world's premier open social platform.
Furthermore, a powerful content social product matrix is built by Mico team, including Mico, Kitty live, Waka, and YAY.
Mico - the South East Asia / Middle East's largest social platform among strangers;
Kitty live - the one of the most popular live streaming application in Southeast Asia;
Waka - the brand new short video application which is based on the UGC, popular in Southeast Asian.
YAY - the most popular anonymous social application for the young generations in USA.
More information on GSC can be found at https://gsc.social.
DISCLAIMER: Please note that this document is purely for general information and is not to be construed as an advertisement or advice. It is also not meant to be comprehensive.