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Kyushu public chain is committed to building a basic public chain system with e-commerce as the core and gradually involving various industries, providing an underlying technical support platform for the industry. Realize the digitalization and tokenization of e-commerce based on the real industry economy, chain assets, solve business model innovation and other issues, and use this as an opportunity to drive a win-win situation among consumers, merchants and platforms, so that more people, Institutions, enterprises, etc. share the convenience and dividends brought about by the development of science and technology.
In the Kyushu public chain digital currency issuance and circulation network, Kyushu Token (KYSC) is used for shopping mall consumption, transaction confirmation, bookkeeping and reconciliation, and liquidation. Kyushu pass digital asset network, including various upstream and downstream institutions including Kyushu public chain platform, asset transaction parties, exchanges, and circulation channels.
Ecological Circulation
Kyushu Token can be exchanged with all digital currencies such as BTC, ETH, USDT, EOS, LTC, etc., supporting circulation and Payment, such as collection and payment, transfer, fiat currency transaction, deposit, withdrawal, voting for listing, STO gateway, crowdfunding, wealth management, public welfare, games, shopping malls, etc. This will accelerate the circulation of Kyushu Token digital assets, add more circulation value attributes to the scarce Kyushu Token, and increase the overall value and price.
Consumer Payment
Ordinary consumers can use Kyushu Token to conduct consumer shopping in the Kyushu public chain e-commerce ecosystem, including online shopping and offline physical store shopping. At the same time, it can also be used as the basic means of cross-border payment. So as to
bring more benefits to yourself. When Kyushu Token is connected with more global mainstream e-commerce platforms, consumers can enjoy the convenience of purchasing a wider range of global commodities brought by Kyushu Token.
Usability
Kyushu public chain can adapt to diversified e-commerce business needs and meet data sharing on the business chain of e-commerce enterprises, which means that Kyushu public chain records data The method is general and standard enough, can represent various structured and unstructured information, and can meet the requirements as the business scope expands. And this provides a value basis for the versatility of Kyushu Token digital assets. Let Kyushu Token digital assets circulate more calmly in various industries and scenarios around the world.
Kyushu public chain will be fully utilized in product traceability, supply chain finance, e-commerce industry, logistics system, IoT ecology, asset chaining, electronic data processing (TPS) and consumer entertainment. Basic functions such as payment, consumption, digital currency, product anti-counterfeiting, and product right confirmation are all optimized.
The payment system will effectively reduce the payment cost
The decentralization feature will "grab the job of the third-party payment platform of the current e-commerce platform". As an intermediary between the buyer and the seller, the third-party payment platform will temporarily keep the money and charge a service fee (about 2-3%) for each transaction to establish a seller reputation evaluation system. In the new Internet financial system based on the Kyushu public chain, buyers and sellers can trade directly, and the transaction is based on cryptography rather than trust, so that any two parties who reach an agreement can directly pay for the transaction without the participation of a third party , saving both buyers and sellers.
Create a complete blockchain supply chain system
The e-commerce chain is composed of logistics, information flow, and capital flow, and integrates suppliers, manufacturers, and distributors in the industry A complex structure in which merchants and users are connected in series. The Kyushu public chain based on blockchain technology can be used as a large-scale collaborative tool to adapt to supply chain management. In an e-commerce supply chain, many types of data can be transmitted via blockchain, including insurance, invoices, shipping and shipping, and bills of lading.
Based on blockchain technology, data security can be effectively realized
In the e-commerce industry, after the personal data and payment data of consumers are handed over to the e-commerce enterprises, they are all stored in Not many centralized databases. This makes these centralized databases easy targets for malicious attacks, and the risk of data leakage is high. Therefore, switching to the Kyushu public chain decentralized system eliminates the need to store tens of millions of users' personal data and payment data, allowing consumers to store and control their own data in this decentralized system, thereby avoiding The potential risk of data leakage has been eliminated.
Drive transaction transparency and build e-commerce trust in the future
The opacity of transaction process is the biggest problem facing e-commerce platforms now. Kyushu public chain blockchain platform can improve transaction transparency, thereby promoting trust. Every transaction is recorded on a shared ledger and cannot be modified by anyone. A shared distributed ledger provides security, transparency, and traceability. Therefore, the Kyushu public chain blockchain system will effectively drive the transparency of each process of e-commerce transactions and establish an era of e-commerce trust.
*The above content is organized by YouToCoin official. If reprinted, please indicate the source.