The application chain is like vintage wine with stronger bouquet
Blockchain will be eventually embark on the application chain, this is the inevitable trend. There must be a burst of power in the silence.
The development of the blockchain industry is being accelerated by the huge sums of capital. Recently, Baidu has launched the Duyuzhou, a blockchain app, indicating the 3 biggest IT company in Chian, BAT, all have joined in the battlefield of blockchain, making the industry become more fiery. A new bull market will be brewing and erupting in this waterfall.
From mining, to the main chain, then the basic chain and the development of platforms, this market continues its unabated craze.
When you see the rise on the platform, you may have already missed the best timing to enter. But before feeling upset of being vacant, why not thinking about where is the next opportunity instead?
There is a famous saying: in the world of Kungfu, speed defines the winner. If you take a quicker step to seize the opportunity, you will obtain the most resources at the least cost. If landing is the inevitable end that blockchain must go, then sooner or later the application chain will certainly set off a storm to counterattack!
Among the application chains, who grabs the circulation will be the king. This is not only reflected in the trading market, but also in real life, in more application scenes, making the token become more valuable.
The circulation of Realchain Token (RCT) is embodied in several aspects:
- Authentication
A commodity evaluation of the global luxury goods transaction scale of more than 200 billion Euros, of which the Chinese accounted for nearly 1/3. Also the global volume of second-hand high-end consumer goods is very large. According to the statistics, second-hand transactions will reach 20% of new goods trading, there is a huge need of authentication. And this requirement just can be solved by the feature of blockchain tech.
The circulation of RCT is carried out as follows:
a. In the commodity trading link, the intermediary party will upload the commodity information to the Realchain network, and through the artificial intelligence identification system to store the commodity classification encryption in the central server. The SHA256 of the file is deposited into Realchain nodes, while the RCT is paid to the Realchain network.
b. When the user detects the authenticity of the commodity, using the artificial intelligence hardware “Fireeyes”, need to pay RCT for the contrast validation data, at the same time, upload intermediary will get the RCT award.
2. Tax refund
In 2017, China’s overseas consumption amount was up to 261 billion U.S. dollars, due to the lack of knowledge of overseas tax refund and complex operating procedures, nearly $25 billion or more amount that didn’t been applied for tax refund. Simple, safe and traceable drawback is a good way to upgrade the public tax refund, just use of blockchain to improve.
For overseas travel, tax refund seems to be complicated, while RCT tax refund will achieves 10 times high efficiency, also solve the drawback process opaque problem, reduces the tax refund gray area. After the introduction of a new generation of tax refund system, the foundation will provide a certain amount of RCT for each user who uses Realchain for tax refund, as well as a warm-up for Realchain Foundation promotion. It is expected that at least millions of transactions will be completed by RCT each year after the application has landed.
The application chain is different from other chains, it will take root in every field, grow in the suitable soil, RCT as the pioneer in the field of forgery, the developer of the authentication intelligent device, is the product that will bring the change to our life in the real sense. To some extent, the era of the block chain 3.0 is coming, it is the era of popularization of the application chain. The application chain is like vintage wine with stronger bouquet. The strength that it precipitates is bound to be accompanied by many bursts!
