WIT is an encrypted digital electronic certificate issued based on assets. Its issuance is based on a mixed asset pool composed of highly liquid assets and legal tender. The mission of WIT is to determine the rights and interests of high-quality assets through blockchain technology and endow them with circulation.
WIT is an ERC20-based blockchain application. With the participation of audit institutions, offshore RMB is used as the settlement standard to issue electronic funds or over-pledged high-quality digital assets according to the corresponding process. certificate.
As an encrypted digital certificate, WIT circulates freely on the Ethereum system. When WIT is exchanged with Galaxy Asset Management, the anchored legal currency is offshore renminbi (CNH), and the payment is made at a ratio of 1:1.