The full name of PWT is Public Welfare Token, which uses blockchain technology to turn public welfare into a digital asset. It not only makes charitable activities more transparent and credible but also encourages more people to participate in public welfare activities. All records of the public welfare digital asset PWT will be documented on the Public Welfare Chain, which includes donation amounts from welfare organizations, the flow of funds, all in an open and transparent manner. Additionally, it records each individuals lifetime history of helping others.

Credit mechanisms are established using smart contracts, assessing the charitable credibility of donors, third-party charitable organizations, and recipients through code rather than a centralized entity, forming dynamic credit scores. The Public Welfare Chain will establish a credit identity based on basic information, public welfare information, arbitration information, and other relevant details from all chain users.