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HAIKOU, China – (BUSINESS WIRE) – Bitconch launched its product, BR Play, in early November 2020. Sharing her thoughts on blockchain at the product launch, Bitconch co-founder and COO Lilly Mu believed distributed commerce was the future of blockchain .
The core of distributed commerce is equality, co-creation, co-construction and sharing. It involves granularizing, fragmenting, and fine-tuning the rights and incentives of each user’s private domain traffic to tap into their fragmented time. Blockchain, big data, artificial intelligence and other technologies are used to empower, transfer and amplify value in a specific closed-loop system and enable micro, small and medium-sized enterprises to seize opportunities across the entire business ecosystem.
Distributed trade will increasingly gain people’s trust in the near future. It will not only be the way forward for the blockchain, but also for the entire digital world. Losing this opportunity means losing the next era.
Beyond the changes in trust, decentralization, low value incentives and rights, the biggest changes that distributed commerce brings are roles and mentalities. The emergence of BR Play is the manifestation of this idea.
In traditional business, a company’s performance is primarily the responsibility of internal employees. In addition to employees, consumers will also pay attention to the company’s performance in distributed commerce.
In traditional business, consumers are simply consumers, while consumers are not only consumers, but also investors, producers, promoters and beneficiaries of distributed trade.
The distributed business model will be the ultimate mission of the blockchain, transforming the business system into a new form of common, self-organized and non-commercial activity. When a “killer” application is created, the world will change for the better.
Bitconch is the fastest public blockchain in the world that focuses on distributed business applications. It has a TPS peak of 120,000, certified by the Chinese Ministry of Public Security Test Center.
Bitconch attracted the attention of Professor Diffie, one of the pioneers of modern cryptography and winner of the Turing Award 2015. The Turing Award laboratory and Bitconch have formed a strategic partnership making Bitconch one of the laboratory’s most important “global acceleration projects”. Additionally, Bitconch has received three patents and was ranked fifth in the Forbes ranking of the “10 Best Blockchain Companies to Watch in 2019”, the only public blockchain to make the list.
