GoChain Jumps 250% as First Platform ICO Is Announced

GoChain.io

The price of GoChain (GO), a blockchain platform that boasts 1,300 transactions per second, has surged 250% over the last week as the first ICO to launch on its platform was officially announced.

According to the announcement given by GoChain CEO Jason Dekker, Solaster Health, a healthcare-focused blockchain company developing the world’s first interoperability health data standard for Dapps and smart contracts, has made the decision to launch its application on the GoChain blockchain.

In an accompanying Medium post, Solaster Co-Founder and CEO Stuart Lackey shared his reasoning behind the decision to build with GoChain.

Solaster is excited to partner with GoChain for numerous reasons. First and foremost, GoChain’s core team believes in the utility of blockchain technology to significantly impact the future of healthcare and a standard interoperable data language is big part of that. We are very aligned on that fundamentally.

GoChain claims that decentralized applications (DApps) and smart contracts built on the project’s blockchain will perform 100x better than those built on Ethereum (ETH). However, the GoChain team notes that its platform is fully compatible with existing Ethereum wallets, smart contracts, and other tools

Over the last week, the price of GoChain has surged from $.032 to nearly $0.112, representing a 250% gain. The project currently has a $53.7 million market cap.

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More: Solaster & GoChain collaborate to set universal health data standard for blockchain
Interesting: Ethereum Addresses and Transactions Drop While Network Fees Surge

Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.

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