Cube Chain Launches Next Generation Blockchain for E-commerce

SHAH ALAM, Malaysia, July 16, 2018 /PRNewswire/ -- Cube System Co. Ltd, is venturing into the blockchain market by offering the next generation blockchain called Cube Chain (https://www.cubechain.io) that shall revolutionize the e-commerce industry via robust data management through its multi-level solution to scalability with the mission to cultivate societal integration and nurturing global adoption of its blockchain. Cube Chain aims to offer a revolutionary ecommerce platform encompassing five services that integrate into an all-in-one blockchain for ecommerce.

These services are a blockchain based social network (CubeON), peer-to-peer transaction messenger (CubeChat), AI Service Manager (ASM), integrated login system (OneID) and a service that verifies the authenticity of products sold on our ecommerce platform (Cube Chain Product). All these are fueled by its revolutionary blockchain technology which boasts concurrent block creation that creates 24 data blocks and special blocks into a "cube". The special blocks are a data index block, data statistics processing block and an escrow function block.

Cube Chain extends the potential industrial and economic applications of blockchain technology while resolving peer-to-peer network strain through a Proof of Hybrid (Proof of Work + Proof of Stake) algorithm.

CEO of Cube System, Dongoh Kim envisages a better blockchain platform with concurrent computing algorithm, thus the creation of Cube Chain was aimed to overcome the speed latency of traditional blockchain which exposes users to the danger of data forgery and inefficient data transfer.

CubeON, the Cube Chain ecosystem is a blockchain based social network that applies chat functionality and artificial intelligence to corporate service management. The Cube AI Service Manager (ASM) can provide real-time, accurate and customized information while also generating smart contracts and executing big data analytics. The AI Service Manager streamlines customer support internally and on a business to customer (B2C) and business to business (B2B) levels. Improving data management methods and recall through a blockchain based AI can increase efficiency, reducing costs and time waste while vastly improving client satisfaction.

Cube Chain token sale started on June 30, 2018 with a minimum investment of 0.1 ETH. Token distribution will occur after the sale and followed by the release of the Cube Coin mining software in August. First sale campaign is currently underway scheduled from June 30 to August 15 with a token price of 1ETH for 8,000 QUB. The second campaign shall be from August 20 to October 5 with an exchange of 7,2000 QUB per one ETH. The creation of the Cube Chain genesis block is scheduled for September while QUB listing on exchanges shall happen within this year.

Media Contact:
CubeSystem Co., Ltd.
Suhyon (Soo) Che
+82 10 63371283
[email protected]  

Photo(s):
https://www.prlog.org/12718919

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SOURCE CubeSystem Co., Ltd.