CommerceBlock is based on the infrastructure of the public block chain, enabling it to allocate, exchange and store tokenized assets and securities.

Project Introduction

CommerceBlock has created an open source ecosystem that combines the immutability and security of public blockchains with the flexibility of licensed blockchains using sidechains and a range of optional security services. In order to facilitate seamless transactions and meet regulatory requirements, we have developed a "Ocean" side chain code base based on the Bitcoin protocol, including easy-to-use KYC, whitelist/blacklist and other regulatory functions. CommerceBlock develops a public sidechain on top of Bitcoin, allowing asset-backed token issuance, distributed smart contract execution and supplementary services to meet regulatory needs.

Project Highlights

MainStay
Unreliable evidence of a single, verifiable historical state change. MainStay is a unique authentication service protocol that not only allows authentication between individual nodes, but also provides a single proof of encryption for historical data or system changes. This “proof of immutable state” is obtained through the unreliable immutability inherent in a powerful proof of work blockchain. (Example: Bitcoin). MainStay utilizes a “Staychain” to place continuous commitments into the link transaction sequence of the underlying blockchain, which creates a single, branchless history supported by the proof of work of the underlying blockchain.

Covalence
Build the sharing economy on an immutable ledger. This white paper introduces a symbolic economic model that unifies incentives for all participants in a licensed sidechain network.

ChainCert certificate
A blockchain certificate is a blockchain security protocol that consists of an extension of CA certificates including blockchain identifiers, as well as additional public and transparent certificate monitoring and revocation tools.