Baida Chain aims to reconstruct elements such as "people, commodities, scenes, and supply chains" through blockchain technology to form a credible, open, shared, cultural, and collaborative ecosystem, and to realize the integration of various forms of business. Resource aggregation and value circulation establish a trusted distributed business environment with transparent information, efficient collaboration, and high-speed value transmission.
BATA is an endogenous token developed by Baida Chain based on the ERC20 standard. It is mainly used for the initiation of Baida Chain smart contracts, the consumption of Baida Chain business application scenarios, and as a reward for the construction of Baida Chain Incentives for nodes that contribute to the development to use this as a consensus mechanism. In the early days, Patek was anchored in the membership system of Sunco Yachts to ensure that the value of Patek in times of instability would not harm the interests of holders due to objective factors.