Recent progress of SimpleChain

Dear community member for SimpleChain,

Through the efforts of SimpleChain Ecology Global Developers, SimpleChain has entered a new stage:

Simplechain’s traceable platform perfectly solves the problem about information dislocation for government during agricultural traceability, the information is not smooth, the information lacks transparency, and the low cost, efficient full process information record and management;

At the same time, Simplechain’s traceable platform combines blockchain technology and BaaS, and has the technical support of graphene RFID & NFC technology, distributed ledger, chain data structure, whole network timestamp, asymmetric encryption mechanism and consensus mechanism.

For example, the liquor industry that has been coupled to Simplechain’s traceable platform, through the block chain technical support, the following sections have been implemented:

It not only realized the anti-counterfeiting for the wine and white spirit but also keep every step of the process keep traceability: raw materials storage → raw wine storage → hook → finished wine → consumers.

SimpleChain is a complete ecosystem closed loop in all areas of product digital traceability, cross-border e-commerce, distributed finance, green agriculture, and judicial insurance. In the future SimpleChain ecology, the technical team will continue to improve the construction of the block chain technology part and the digital traceable platform .

SimpleChain public chain’s high TPS (tens of thousands TPS per second), high stability, and low gas fee performance, which will provide the better liquidity, lower cost, and much higher efficiency transaction services for the entire network.Future SimpleChain will use these advantages to establish a more comprehensive digital traceable platform.

New ecological SIMPLE strikes, stay tuned.