BAA is a public blockchain ecosystem based on blockchain technology, with a mission to establish an internet system of value. Ultimately, it aims to create a convenient, borderless, and censorship-resistant cryptocurrency, along with a financial infrastructure serving billions of people globally, enabling the seamless circulation of digital currencies without barriers.
BAA is a network currency based on peer-to-peer technology and an open-source software project licensed under MIT/X11. It enables users to make instant payments to anyone in the world. BAA is an upgraded version of Litecoin, inspired by Bitcoin, and operates on the same technical principles. The creation and transfer of BAA are based on an open-source cryptographic protocol, not managed by any central authority. Additionally, BAA features asset-backed support and operates on a blockchain + securities model, akin to a Security Token Offering (STO).