Phore Blockchain
Phore Blockchain
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Industry: Finance

Founded: 2017

Phore Blockchain is an ambitious Blockchain organization focused on establishing and growing free, and low cost, sustainable decentralized commerce on a global scale.

Phore's Proof of Stake (PoS) system rewards participants for helping to secure the network, by keeping it decentralized. Phore offers consumers and businesses a platform for fast and secure, digital currency transactions that can be either transparent or private. An entire ecosystem of software capabilities, partnerships and decentralized applications (dApps), such as the recently launched Phore Marketplace, offer real-world use cases for the Phore native asset, PHR.  Additional dApps are currently planned and in development.

Unlike many other Blockchain projects, Phore had no Initial Coin Offering (ICO), and no Premine of any coins. Phore is completely self-funded and sustainable. Phore recently integrated SegWit into its network, being the first PoS system with Masternodes to accomplish this. In addition to higher security and faster transaction speeds, SegWit sets the stage for future growth by allowing major improvements and support for high demand capabilities. Smart Contracts and Decentralized Crowdfunding will be introduced later in 2018.

Phore also offers custom B2B technologies and services for organization interested in implementing the many benefits of Blockchain technology into their organizations.

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