“Yuan Chain”: for there is no impossible chain in the world !
Aim to build the largest blockchain-based financial supply chain services platform in the world, Yuan Chain (YCC) will be listed on a reputable cryptocurrency exchange in China lately
Introduction
The conventional supply chain finance is a centralized pattern where financial institutions and factoring companies reply on one core business, to provide services to more than 80% of the small and medium enterprises. However, during the supply chain process, logistics information, transaction information, financial information, information flow and others are kept within those enterprises respectively. The information ambiguity not only lowers down the on-chain efficiency, but also holds down the establishment of supply chain credit system.
Blockchain as value-based new connection web, without a middleman, enables two no trust counterparties to transact with no risk. Blockchain records irreversible information or transaction for every user, creating user’s credit such as personal information, corporate contracts, warehouse receipts, property rights and events. Users can prove his/her credibility with blockchain, without replying on a trusted third party, individuals and corporations who have high credibility will get access to cheap funding and other social economic resources. Yuan Chain blockchain is a ecosystem which consists of public chain, consortium chain and private chain, in which individuals, corporations and governments are welcome to participate.
Key words:
Stability, extend-ability, safety, easy, green, classification, scalability ,privacy, high-frequency and free.
Yuan Chain (YCC) absorbs the essense from Bitcoin, ripple, Etherum and Super Leger, and incorporated with a number of innovative technologies, forming a whole new block chain network architecture. The high performance public chain can process more than ten thousand transactions per sec, and pubic chain and license chain can realize information interconnection and exchange. YCC features the function of decentralization that a public chain has, but also has the privacy and performance that a license chain demands.
The innovation (anti-hack blockchain security)
1.Hot Module Replacement smart contract.
2.Smart contract heterogeneity.
3.Cross-chain information connection and exchange.
4.Token owner will be blessed with benefits.
5.A design for private key hardware management at mobile end.
6.Encrypted retrieval scheme
7.Data comparison and consensus method
8.Login verification and privacy protection.
9.Public chain and license chain inter-chain ID verification and management.
These innovation features privacy protection and value inter-exchange of consortium chain and private chain, and at the same time guarantees inter-chain transaction like Bitcoin and Etherum do.
Goal
Yuan Chain aims to build the largest blockchain-based financial supply chain services platform in the world, greatly enhancing corporate operation efficiency and lowering the cost.
Individual and corporate who has Yuan Chain Token YCC, can get some blockchain gas, and YCC can be used as blockchain gas directly, as the expenses in using smart contract and other services. Think the Yuan Chain self-organizations as a big community, the more users the more efficient will the sharing economy pattern be, thus there will be more information and value interconnections, and YCC will be largely demanded.
Implementations
PAAS +SAAS
The general service is layered architecture integration, user will get access to the services on the blockchain directly.
Token distribution
1.Total supply: 10 billion YCC
2.Early investment: 3 billion
3. Retained 7 billion will be used for corporate application, market promotion, technology development and team operation.
Link:
www.yuan.org Telegram:https://t.me/yccorg
