WeTrust is a collaborative saving and insurance platform. It is autonomous, frictionless, and decentralized. WeTrust utilizes the Ethereum blockchain to create a full-stack financial system that leverages existing social capital and trust networks, eliminating the need of a “trusted third party”, which allows for lower fees, improved incentive structures, decentralized risks, and a greater amount of capital to reside among the participants. WeTrust’s first product is a Rotating and Saving Credit Association platform, inspired by the ~1 billion people around the world who are using mostly informal organizations to lend/ borrow, and support each other financially within their communities. ROSCAs will bootstrap the community, and WeTrust plans to build future products that include sovereign credit identities, trusted lending, mutual insurance, and more.
DxChain is the world’s first decentralized big data and machine learning network powered by a computing-centric blockchain. In other words, DxChain is a public chain, aims to design a platform to solve computation of big data in a decentralized environment. For simplicity, we could use DxChain to store and trade big data, so as to make data more valuable with the computation.