What Does Yuanbao Network Blockchain Mean (Where Does Yuanbao Network’s Currency Go)?

What does Yuanbao Network blockchain mean? According to official news from Yuanb

What Does Yuanbao Network Blockchain Mean (Where Does Yuanbao Networks Currency Go)?

What does Yuanbao Network blockchain mean? According to official news from Yuanbao Network, there are three roles in the field of blockchain on the platform: “consortium chain,” “notary,” and “manager.” Yuanbao Network is a platform built on the Ethereum network, mainly used for trading, invoices, electronic wallets, and other services. The consortium chain and private key on Yuanbao Network are used separately, enabling it to provide secure and reliable data transmission and digital asset custodial services for enterprises. In addition, it can also achieve decentralized identity authentication and privacy protection, allowing individuals to have ownership of data and facilitating circulation management through smart contracts.

Where does Yuanbao Network’s currency go?

According to Cailian News, where does Yuanbao Network’s currency go? According to Tianyancha, the “stolen” amount is $200 million.

It is understood that on December 30, 2019 (next Thursday), Yuanbao Network Technology Co., Ltd., China’s first blockchain technology company, released an upgraded version of their “Lingzong Security” product and service – the Beacon Chain in Shenzhen. The Beacon Chain is an open consortium chain system built on the underlying architecture of Ethereum and is the world’s first distributed financial solution provider targeting small and medium-sized enterprises.

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