RENO, Nev. (October 4, 2018) — GoChain is excited to announce its private blockchain deployment offering is now available on Microsoft Azure. Enterprise clients and developers can easily deploy their own private GoChain network with a few clicks. As an Enterprise-grade product offering, it can be used to build decentralized applications and smart contracts in a fast, secure, and reliable private environment. GoChain is now among the only public blockchain protocols with a private offering listed on the Azure Marketplace:
A private implementation of GoChain provides a number of advantages in five key areas compared to existing solutions:
Speed, Performance, and Reliability — all of the performance optimizations built into GoChain have been tested and proven in a private, controlled environment.
100% Ethereum Compatible — GoChain is frontwards and backward compatible with Ethereum making it seamless and easy to transition from Ethereum to GoChain or vice versa with no code changes.
New Consensus Model — moving away from Proof-of-Work (PoW) increases the transaction speed, security, and scalability of the network via our Proof of Reputation consensus mechanism.
Upgradeable Smart Contracts — as every developer knows, the flexibility to update code to fix bugs or add functionality is critical. In blockchain, where a lot of value is on the line and hacking runs rampant, this is even truer. GoChain is developing upgradable smart contract functionality, where trust is retained between parties as well as moving critical loss prevention features, such as pausing a smart contract, to the protocol level.
Service and Support — GoChain takes pride in providing hands-on support to ensure our users have successful implementations. They have a client success and support team consisting of professionals and industry experts from IBM, Microsoft, and Oracle.