Unlike most assets, HONGSHAN CHAIN does not depend on the specific issue of monetary institutions, and it is produced by a large amount of computations according to a specific algorithm. HONGSHAN CHAIN identifies and records all the transactions by using the distributed database made up of a number of nodes in the entire network, and ensures the safety of all aspects of currency circulation by using the design of cryptography. Its decentralized characteristic and algorithm can ensure that it is impossible to manipulate its value by making a large number of HONGSHAN CHAIN tokens. The design of cryptography enables HONGSHAN CHAIN to only be transferred or paid by the real owners, which ensures the anonymity of property ownership and circulation transaction.
The block chain technology of HON will be applied to the purchase, seedling growing, planting, logistics, marketing, promotion, processing and the whole industrial chain of Chinese yew. The Chinese yew’s value can be more perfectly released because it is better than the traditional one in terms of features.
HON uses block the chain technology to improve the industrial chain of Chinese yew, and set up the public chain platform by using the block chain financial Internet thinking. In other words, by establishing a public chain system for agricultural cultivation, the demands for agricultural cultivation connecting the block chain system in addition to the Chinese yew’s industrial chain and all requirements such as fraud prevention and efficiency in agricultural cultivation can be met. The value exchange can be carried out regardless of regions, national boundaries and times. The API and SDK provided by the HON platform makes it easy for various applications and services to easily access data information on the platform and develop new services.
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