Baida Chain aims to use blockchain technology to reconstruct elements such as "people, goods, scenarios, and supply chains" to form a trustworthy, open, shared, cultural, and collaborative ecosystem, achieve resource aggregation and value circulation of various forms of commerce, and establish a trustworthy distributed business environment with transparent information, efficient collaboration, and high-speed value transmission.BATA Baida Coin is an endogenous token developed by Baida Chain based on the ERC20 standard. It is mainly used for the initiation of Baida Chain smart contracts, the consumption of Baida Chain commercial application scenarios, and as an incentive measure to reward nodes that contribute to the construction and development of Baida Chain using this as a consensus mechanism. In the early stages, Baida Coin anchored the membership system of Shunchi Yacht to ensure that the value of Baida Coin during unstable periods would not harm the interests of its holders due to objective factors.
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