CanonChain is a blockchain decentralized platform built from the protocol and chip layer to create a dynamic foundation of the whole blockchain. The platform seeks to bring about inclusiveness and a some fairness in the blockchain. It features special aspects such as PoP (Proof of Participation), Ledger of Things to link things across the world, massive processing capacity, open-source design to enable easy access and a lot of application scenarios including micro-payments, cloud storage, DeOsShow more [+] (Decentralized Operating Systems). It also has a value based on participation called Xuanchi CZR.
CZR is used as the currency on the CanonChain platform to power operations. The coin is not premined and has a total supply of about 1.6 million coins. The coin is listed for trading on Bibox and BCEX exchanges.
This project is spearheaded by Yang Sichao, a co-founder and core team member with a rich background in Electrical and computer Engineering, Jin Hailong, the founder of CanonChain, Li Chong, the Chief Architect and Head of Research, Joe Thong, a co-founder, with experience from companies such as Samsung and Total, Zhang Lei, the Chief Scientist and Shan Zhihao, the author of the first laws regarding the internet and its regulations in China.