1-BigBang Core & Blockchain
Nowadays, with the joint participation of policy, capital, media and global users, blockchain has gradually entered the mainstream technology industry and people’s vision. Distributed technology is a forward-looking technical form, blockchain and on-chain assets are closely combined to achieve the transformation and evolution.
BigBang is a block system built on the peer-to-peer network, which is similar with the popular peer-to-peer digital currency system. It maintains a transparent ledger in a decentralized manner, and realizes the independent and safe management and efficient flow of users' digital assets. BigBang Core system is designed for the data business requirement of IoT?Internet of Things, use the blockchain technology to provide a decentralized security management platform for IoT data business.
BigBang Core has created a global distributed data value network through the technological innovation of the Internet 4.0 era and the help of cryptography research, all on-chain information of value investment cannot be tampered and use decentralized platform architecture to ensure the fairness of all stakeholders. Meanwhile, with the help of the smart contract system, it achieves all electronic contracts can automatically execute on chain to minimize the cost of trust. Based on this, BigBang Core creates the token economic ecology, which will completely change the previous investment logic.
2-BBC & Token Economic Ecology
BigBang Core creates a new collaborative relationship. In a centralized system, the center places authority position, it is interdependent with ordinary users. On the other hand, they are the two sides of the game in many places. Therefore, the central authority often uses its own power and technical advantages to impose various restrictions, supervision, law enforcement methods, and uses various advanced technologies to block or chase the behaviors they do not like. This cat-and-mouse game lasts for thousands of years, until now we still clearly see this drama in the business models of some powerful internet company.
In the BigBang Core blockchain system, it has no centralized authority, and no one is holding a whip to shout everywhere for supervision, but the entire ecosystem can cooperate orderly with each other according to a code of conduct. The reason is because of the BBC COIN mechanism of BigBang Core.
Blockchain is a natural cryptographic infrastructure and the most reliable and indestructible protection of the rights and interests of token. And the blockchain is a transaction and circulation infrastructure, which makes the BBC have the features, like high liquidity, fast transactions, fast circulation, safe and reliable. BBC represents the rights and interests on BigBang Core.
BBC is the public chain Coin and is the link that connects all the BigBang Core token economy. BBC COIN, which exists as a token economic value, can be used in any scenario of BigBang Core payment, and can be used to freely enter and exit the BBC for trading. This way can not only reduce the threshold of platform users, help users save time, make users easier and more efficient, and lower the cost of capital friction, but also achieves the continuous doubling of the user's wealth value.
The features of BigBang Core’s token ecological economy
1. Low threshold, everyone can participate
2. Open accounts, open source rules
3. Interest reconstruction, real-time incentive
4. Super high liquidity, increase value
BigBang Core proposes four technologies to solve the trust and security problems of various BBC transaction scenarios:
- Distributed ledger. which means transaction accounting is done by multiple nodes which are distributed in different places, and each node records a complete account, So, they can all participate in monitoring the legality of BBC transactions, and they can also testify together.
- Asymmetric encryption and authorization technology. The transaction information stored on the blockchain is public, But the account identity information is highly encrypted and can only be accessed under the authorization of the data owner, which ensure the security of the data and personal privacy.
- Consensus mechanism. It means how all bookkeeping nodes reach consensus to determine the validity of a record. It is the measure of identification and also prevent tampering. The security consensus mechanism proposed by BigBang Core innovation is "EDPoS + CPoW", in order to prevent the collapse of a single consensus node, which causes the suspend of the entire ecology operation, and also prevent the overall collapse of the block network due to the collective strike of DPoS nodes.
- Smart contracts. Smart contracts are based on these credible and non-tamperable data, and can automatically execute some pre-defined rules and terms
3-Bigbang Core & BBC
The blockchain encourages people to carry out large-scale, cross-border, real-time and strong relationship collaboration through economic incentives. In the blockchain world, economic value is expressed by tokens. BBC is a digital currency created by BigBang Core through encryption technology which can stores value. It is pre-buried in the system and an incentive mechanism that work for system. BBC is based on a public blockchain and can be sent, received, or mined and anyone can participate through the network.
Based on BBC COIN's token economic ecology, BigBang Core will successively apply multiple applications scenarios, such as decentralized finance, agricultural Internet of Things, energy industry chain, smart city applications, and the datafication of various real industries, and let the wealth of digital finance deeply collide with the traditional industry to create the infinite value of the Internet of Everything (IoT).
