The trade chain is abbreviated as TBL. It is the underlying base chain and agreement of the next generation blockchain value Internet. It is a main chain focusing on e-commerce and trade circulation. It is based on five dimensions: issuer, basic user, and physical benchmarking. Value circulation and application scenarios. Realize 3 major links: the link between the chain and the chain based on the TBL main chain release, the link between each chain and the TBL main chain, the connection between the whole TBL network and the offline physical entity store.
The business chain combines two trend changes of blockchain and new retail, and innovative application of blockchain characteristics to build a transparent and trusted basic public chain platform to achieve resource aggregation and value transfer of various forms of business. Based on the innovative blockchain, TBL network is applied in the field of e-commerce. It builds a commercial trade ecological alliance through three different levels of access solutions: sales alliance, exchange and business sub-chain.
The blockchain uses peer-to-peer networking technology to store data, uses distributed accounting and storage, and does not have centralized hardware or management. The rights and obligations of all nodes are equal, so any node that stops working will not affect the overall operation of the system.
The system is open, except that the private information of the parties to the transaction is encrypted, the system is maintained by all the nodes with maintenance functions, and anyone can query the blockchain data and develop related applications through the public interface, so the whole System information is highly transparent.
Information cannot be tampered with
Once the information is verified and the blockchain is added, it is stored permanently. Generate a set of tamper-proof, trustworthy databases that are chronologically ordered to limit related illegal activities. Therefore, the data stability and reliability of the blockchain are extremely high.
No need to trust the system
Since the exchange between nodes follows a fixed algorithm, participants do not need to trust anyone. As the number of participating nodes increases, the security of the system increases. Therefore, the counterparty does not need to open the identity to let the other party generate trust, which is very helpful for the accumulation of credit.
The trade chain is abbreviated as TBL. It is the underlying foundation chain and agreement of the next generation blockchain value Internet. It is a main chain focusing on e-commerce and trade circulation. To accomplish this goal, members from different backgrounds need to work together. The TBL team not only has members from Bitcoin and Ethereum, but also many well-known technology companies from Baidu, Alibaba, Tencent, Didi, and Nasdaq.
In addition, the TBL project has the privilege of obtaining many blockchains, V, traditional investment institutions and senior Chinese executives.