Yuanbao Coin (YBC) was founded by a group of Bitcoin enthusiasts and early supporters. After recognizing the issues with Bitcoin, we decided to leverage our strengths and the latest technology to develop an electronic currency that is suitable for everyone to use, where anyone can participate in a fair, open, and transparent system. Yuanbao Coin is a form of P2P digital currency, where peer-to-peer transmission signifies a decentralized payment system. What sets YBC apart from other virtual currencies is its extremely limited total supply, making it highly scarce. The total number of coins will be permanently capped at 30.5 million.
Project Application Ecosystem
YBC + Cross-border Payments
Current cross-border payment settlements involve numerous intermediaries, which not only take time but also require significant transaction fees, creating bottlenecks in terms of cost and efficiency. By using YBC for payments, you can bypass intermediary banks, reducing transfer costs. Additionally, due to the secure, transparent, and low-risk nature of blockchain technology, the safety of cross-border payments is enhanced, and settlement and clearance speeds are accelerated, significantly improving the utilization of funds.
YBC + Clearing and Settlement
With the application of YBC, data on the blockchain is distributed across nodes, each of which has access to all transaction information. Any changes are immediately communicated to the entire network, preventing tampering. More importantly, under the consensus algorithm, the transaction process and the clearing process occur in real-time synchronization. An upstream partys bookkeeping must be acknowledged by the downstream partys data before a transaction can be completed. Finally, the transaction process completes the transfer of value and simultaneously clears the funds, enhancing the efficiency of settlements and clearance while drastically reducing costs.
YBC + Asset Tokenization
Leveraging the decentralized, open, and shared characteristics of blockchain, the blockchain securities trading system can improve the registration, issuance, trading, and settlement of securities products while effectively ensuring information security and personal privacy. YBC + asset tokenization can efficiently transform the industry.
Project Value
Decentralization
YBC servers will be distributed globally, enhancing service speed and reliability.
Scalability Support
The technology we use on YBC meets the needs of users on the platform without compromising network performance or causing any transaction delays.
Low Transaction Costs
Given the nature of blockchain and cryptocurrencies, our transaction fees remain consistently low for our users.
Continuous Updates
Considering the economic burden on the network, the technologies used must be continuously monitored and updated with the latest security patches.
Secure and Convenient Multi-wallet Services
Support for multiple wallet versions meets the diverse needs of users accessing the YBC ecosystem in various scenarios.
Interactivity
Our application automatically synchronizes across your different devices.