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.
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.