0Chain (ZCN)

0Chain is currently trading at $0.1972, after a price change of 1.17% in the last 24 hours.

Ranked as cryptocurrency #731 by capitalization today, ZCN market cap is valued at $9,518,182. ZCN trading volume reached $23,767 in the last 24 hours. We track cryptocurrency data live in real-time. Make your own forecast on ZCN coin price prediction page.

What is 0Chain?

0Chain is a decentralized data storage protocol built for privacy, protection, and secured sharing. The platform features an immutable ledger for resolving disputes and performs an audit to mitigate data liability. 0Chain enables private data usage in smart contracts blockchains like Ethereum with an integrated API interface. The protocol enables firms to solve privacy regulation challenges and liability exposure in line with laws like the General Data Protection Regulations.

0Chain achieves scalability by keeping data off-chain to reduce traffic when data is stored and retrieved regularly. The platform is secured with Sybil protection and the proof-of-stake consensus model. Users can also utilize 0Chain dStorage via the SDK for data protection and privacy at a reduced fee.

ZCN is the native token to 0Chain. There are 48,400,982 circulating ZCN tokens from a total supply of 200 million and a hard cap of 400 million. The token can be staked on 0Wallet for interests and rewards. ZCN assets are protected with a 2FA technology that divides the encryption key into two different devices. 0Chain protocol governance is achieved via a staked voting model executed in a smart contract.

0Chain was founded in 2017 by Saswata Basu and Tom Austin.