FAQs for Testnet

What is Geeq?

Geeq sets the stage for an economy where trade relies on the reciprocal power of verification rather than trust. Our goal was simple: to enable transactions with completely anonymous accounts, without needing to trust anyone but yourself. All the information you would need to protect your interests would be available, accurate, and reliable. The same must hold true for your counterparty—because in any transaction, the roles could easily be reversed.

To achieve this,

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How Does Geeq Work?

Blockchains promised security, transparency, and the prospect of access for all — but existing systems fall short. L1 and L2 blockchains are burdened by inefficiencies, vulnerabilities, and protocols that reward concentrations of power. Many rely on mechanisms like majoritarian voting, leader election, or social consensus to resolve disputes and validate transactions, opening the door to manipulation and coercion.

Geeq reassembles blockchain’s core components to validate transactions sequentially, preserving an unbroken timeline of events and making every action easily and directly verifiable by on-chain evidence.

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How Does Geeq Solve the Trust Gap in Supply Chains?

Geeq provides unparalleled visibility in supply chain operations by tokenizing goods and data as unique assets tied to specific accounts. Unlike traditional QR codes or generic blockchain systems, Geeq ensures precise ownership tracking and accountability at every step.

• Clear Responsibility: Each tokenized asset is tied to a single account at a time, identifying the responsible party—human, machine, or device—for each handoff.
• Verified Integrity: Geeq validates tokens without smart contracts, ensuring authenticity,

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How Does Geeq Protect Brands and Verify Authenticity?

Counterfeiting, fraud, and unverifiable provenance cost brands billions annually while eroding consumer trust. Geeq solves these challenges by tokenizing products into verifiable digital assets tied directly to a brand’s minting account. This ensures each asset’s authenticity and provenance are tamper-proof and instantly verifiable.

• Fraud-Resistant Provenance: Geeq links assets to a brand’s minting account, preventing counterfeits by ensuring tokens are unique across all chains and cannot exist in multiple accounts. This creates an unbreakable connection between products and their true source.

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How Does Geeq Handle Data Tracking and Verification?

Cyberattacks, insider threats, and the challenges of fragmented systems are overwhelming centralized infrastructure, making it increasingly urgent to secure critical information exchanges. Geeq provides an independent, neutral blockchain layer that enables organizations to tokenize data as verifiable assets, ensuring secure, efficient sharing without reliance on vulnerable centralized systems.

• Accountable Data Sharing: Geeq tokenizes data at the point of transfer, tying it to identifiable accounts. This eliminates reliance on traditional methods, where data is exposed through shared access permissions,

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What Is the Role of Geeq’s Native Coin?

The Geeq Coin is the cornerstone of Geeq’s public blockchain platform, ensuring impartial, secure validation and supporting essential utility for scalable applications.

• Validator Payments: Validators are paid exclusively in Geeq Coins for delivering provably accurate and secure data services.
• Ledger Rent: Geeq Coins fund the long-term storage of records, ensuring nodes are compensated for maintaining data. Unlike other protocols that rely on goodwill to sustain services, Geeq’s model guarantees the availability of validated and provably authentic data,

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