Introducing ABC Chain: Part 2

Fuleex
2 min readOct 8, 2018

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How does ABC Chain solve the development problems faced by aloes industry?

ABC chain’s distributed ledger system based on blockchain, decentralization, trust mechanism, intelligent contract, and consensus mechanism, creates a decentralized “blockchain digital asset” based on blockchain technology. ABC Chain will start from agalloch tree seedling to lock and track the growth record and move data during the growth process.

ABC Chain also conducts more rigorous data collection for the circulation of products. Corresponding to each precious agalloch in the Chain block, 360-degree data scanning will be conducted to verify its quality specification. From the circulation to the possession and sharing of precious agalloch, agalloch’s production, circulation and data sharing will be perfectly displayed on the blockchain ledger. Create a more efficient, transparent, credible and self-sustaining ecosystem, and become a commercial blockchain that applies the traceability of green and rare species worldwide.

ABC Chain is applied as the blockchain tracing source of green and rare species in the world. What stage has the project reached now? And a future development plan?

The first stage of ABC Chain will be applied in aloes industry, and the development pain points faced by aloes industry will be solved through the distributed ledger system of blockchain and traceability technology. Promote the healthy development of aloes industry. In the future, more rare and green species will be incorporated into the ABC Chain traceability system to build a traceability system covering the global green and rare species.

We are very excited to move forward and share more about ABC Chain. Look out for more details in our upcoming posts!

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Fuleex

http://Fuleex.io is a technological platform that provides the effectiveness and efficiencies of executing cross-border payments.