BCAChain Using self-optimized POBC (goodwill certification) as the underlying consensus mechanism, and introducing the real world credit system to provide better operation and support for anonymous block chain network. BCAChain Focus on the new retail industry with rich landing scenarios, aiming at creating a supply chain traceability, quantifiable credit, transparent data, consumer shopping, membership services, precision marketing, centralized procurement scenarios in one, forming online e-commerce transactions, offline shopping experience, and building a new retail public chain ecology with multi-participation and multi-benefit. On November 8, 2018, BCAChain Foundation officially joined China Cloud System Industry Innovation Strategic Alliance as a governing unit. At present, BCAChain has completed the release of open source code at the bottom of block chain, wallet and DAPP application, and is expected to be on the main line in the second half of 2019.
Wrapped Bitcoin Tokens (WBTC) is an ERC20 token fully backed by real BTC. The proof of reserves is on-chain, showing the exact 1:1 ratio between minted WBTC tokens and BTC stored by the custodians. A collaborative effort with a community of partners to bring Bitcoin to the Ethereum network will bring the stability and value of Bitcoin to Ethereum's expansive ecosystem of decentralized applications.