The Peony Chain is a public blockchain for peonies based on blockchain and traceability technology, as well as a decentralized tracing system for peonies. The Peony Chain is a blockchain platform developed specifically for the peony supply chain and product traceability using blockchain technology. Its underlying technical framework adheres to multiple standards and specifications of the Blockchain Hyperledger project and has undergone a series of modifications tailored to the business scenarios of the peony industry.
MDL, as the points token issued by the peony industry ecosystem, is used for circulation throughout the entire peony industry ecosystem and will never be increased in supply. It also features a release, destruction, and price deflation mechanism strongly related to market demand and product sales.