Topic: Yuan Chain (YCC) will be listed on a leading cryptocurrency exchange soon (Read 225 times)

To build a better blockchain-based financial supply chain services platform, Yuan Chain (YCC) will be listed on a leading cryptocurrency exchange soon

As we know, the conventional supply chain finance is a centralized pattern where financial institutions and factoring companies rely 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, which leads to funding hardship and stagnation for small and medium enterprises. As a good representative of the blockchain-based problem solving providers, the Yuan Chain community is figuring out a way to address those issues.
Yuan Chain blockchain is an ecosystem which consists of public chain, consortium chain and private chain, in which individuals, corporations and governments are welcome to participate. Yuan Chain contains of multi-layer chains, every layer has multiple chains. Each chain can inter-exchange information and value through the main chain, and users possess information ownership. They can interact with others with the least private information being exposed, this avoids the possibility of personal information being stolen under a centralized system.
“By connecting buyer, seller and transportation to the Yuan Chain blockchain system, all the transaction information can be recorded onto the blockchain along with receivables, notes, contracts and warehouse receipts.” The Yuan Chain community believes good corporations can accumulate credit records on blockchain and in turn uses blockchain to prove their creditability. Hence, once the blockchain-based creditability system is established, it will lower creditability or value transmission costs, which further solves asymmetric information problem faced by small and medium enterprises.
Yuan Chain will continue to standardize supply chain finance and blockchain points system, providing SaaS (software as a service). Corporations who have purchased Yuan Chain Token YCC (will be listed on a popular exchange) will get the services for free in some degrees. Corporations and individuals can build their own blockchains, this self-organized community pattern adopted by Yuan Chain is somewhat similar to Costco, but the business model is based on blockchain instead of supermarket. The efficiency will be greatly enhanced if more users participate.

Yuan Chain’s features
1.Hot Module Replacement smart contract.
2.Smart contract heterogeneity.
3.Cross-chain information connection and exchange.
4.Free usage of service with token.
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 innovations feature with privacy protection and value inter-exchange of consortium chain and private chain, and at the same time guarantee inter-chain transaction like Bitcoin and Ethereum do. The level of performance and stability for Yuan Chain has met the requirements for business application, and a number of companies have already run their business with such mode empirically.

Yuan Chain’s goal
To build a better blockchain-based financial supply chain services platform in the world, to promote Yuan Chain community to the many targeted companies, and to enhance business operation efficiency and reduce the cost.

Yuan Chain’s live application
1.Supply chain finance: commercial bills funding, credit funding, receivable funding and warehouse receipts collateral funding.
2.To build a global points union by public and license chain.
3.Product ordering, designing, procurement, manufacture and delivery one line blockchain management.
4.Industrial autobot 4.0 blockchain security instruction system.
5.Real time balance sheet financial accounting system.
6.Product and Project traceability.
7.Medication, healthcare and education blockchain.
8.Blockchain-based trading platform, stock, debt, future, foreign exchange and commodity.
9.Blockchain-based governance: identity management, business registration and taxation.

Yuan Chain Token YCC
Yuan Chain issues 10 billion YCC tokens, every 15 second creates a block, every block creates 900 tokens, with an annual total of 1,892,160,000 YCC. Token holders will obtain a 50% profit, and 10% of the remaining 50% goes to miners, 40% to development foundation.
Early investors: 1 billion, with lock-down duration 1 to 12 month.
Development team: 2 billion, with lock-down duration 1 to 36 month, releasing 2% every month.
Business operation: 1.5 billion, with lock-down duration 1 to 36 month, releasing 2% every month.
On chain corporations: 2 billion, sales for corporations which deploy their internal business on Yuan Chain blockchain, active at sale, but resell lock-down duration is 2 month to 36 month.
Charity: 1.5 billion, to support public service projects and charity (education, medication and pension)
Founder: 2 billion, with lock-down duration 1 to 50 year.

YCC official site:yuan.org
YCC is meeting with the leading global exchange for listing.