Yutong Chain is a platform that utilizes the latest technologies, including blockchain and smart contracts, to ensure transparency by establishing a public Ethereum blockchain. We have established a global digital distributed ledger on the Ethereum ERC-20 blockchain to track and protect high-value assets around the world. We collect the asset's defining characteristics, authentication, transaction history and ownership to create a permanent record on the blockchain.
Yutong Chain is open source and transparent. All users can understand the operating rules of the system and verify the authenticity and integrity of the content of the distributed ledger and the transaction history constructed by the distributed ledger. They can also ensure that their data and asset exchange histories are reliable and tamper-proof. It shows that the traceability of the system is enhanced and the risk is reduced at the same time.