Chinese Blockchain Platform Antshares Hits An All-Time High

Chinese Blockchain Platform Antshares Hits An All-Time High

Antshares, “the first original Chinese public chain” has reportedly reached the record sum of about $9 or .004 BTC, as cryptocoinnews.com reported at

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Antshares, “the first original Chinese public chain” has reportedly reached the record sum of about $9 or .004 BTC, as cryptocoinnews.com reported at the end of last week.

Antshares is a smart assets and application platform similar to Ethereum. However, there are some features that make it different from Ethereum and Bitcoin. The online media made a list of them:

  • Antshares is a smart contract platform like Ethereum, but allows for multiple asset classes to be held in the same chain.
  • Antshares is Sino-centric.
  • Antshares focuses on “digital asset registration,” and has successfully helped more than one firm.
  • Antshares’ circulating supply is half its total supply.

“As China’s first ever original and open source public chain project, Antshares serves as a smart assets platform. Smart assets are the combination of smart contract of blockchain and digital assets. Antshares allows for a smarter way for assets registration, issuance, and circulation.”, as antshares.org explained.

It is speculated that Antshares could become like Baidu to Bitcoin`s Google. As the platform is native to the region, it can have significant gains.

“People can use it to digitalize assets or shares, and accomplish some financial business through peer-to-peer network such as registration and issuing, make transactions, settlement and payment.”, according to a quote that appeared in cryptocoinnews.com.

Time will show whether Antshare will take over the Chinese market. This is to give them tremendous opportunities, given its size. Thus, their ascent is to be followed.

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