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Establishing Trust Mechanisms

Release time:2018.12.25 17:35

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Businesses with their transaction history can build up credit and gain access to loans directly and conveniently through our network

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1、Data Incentivization: Through the application of blockchain technology, we incentivize the sharing of transaction data by merchants. We format and clean the data, conduct data engineering, and reward the data producers.

2、Data Validation: Blockchain can play the role of data tamper-proofing. Knowing the exact origin of transaction data using the blockchain rewards, we can hold data providers accountable and avoid the possibility of data falsification.

3、Based on the comprehensive data such as the number of orders, the number of fans and the repurchase rate of stores, big data is used to support the comprehensive evaluation of business operation, to prove their value, to obtain financial services such as loans as credit vouchers.