OGT is the abbreviation of origin chain token. In the origin chain parallel chain ecology, OGT participates in the construction of trust ecology of parallel chain, circulates in the ecology with the attributes of value, equity and consensus certificate, and accelerates the establishment of trust ecosystem. As a natural transaction and circulation infrastructure, blockchain provides a high liquidity and rapid circulation environment for the "token" attached to the chain. At the same time, the asymmetric encryption and decentralization properties of blockchain provide reliable security for "token", prevent tampering with transaction records and other issues, and create consensus.
1. Value certificate of circulation in parallel chain ecology
As a consensus certificate between the main chain and the parallel chain of Origin chain, OGT is a PoW of users through consensus decision-making, maintenance iteration and other behaviors on the origin chain as well as participating in the ecological construction of the origin chain parallel chain. Based on origin chain, it can be used for recording, right confirmation, registration, regulatory verification, parallel link in, etc. to realize the value circulation, and carry out multi scenario use in the origin chain parallel chain ecology.
2. Equity certificate based on Incentive layer
OGT is a kind of certificate of rights and interests existing in the incentive layer of OriginChain in digital form. It represents not only a kind of right, but also has inherent functional attributes and intrinsic value. OGT can circulate in the whole parallel chain ecology. In the ecology, users pledge a certain proportion of OGT to become node users, and they will enjoy the exclusive membership rights and interests of origin chain parallel chain ecology, and their rights and interests are granted to OGT by each parallel chain according to the current application scenarios.
3.Consensus certificate based on parallel chain closed loop
When OGT participates in the ecological construction and community governance of origin chain parallel chain, consensus and transparency are the core concepts of the blockchain. OGT will apply the proportion of user consensus voting results to the origin chain parallel chain ecology, so that each user can participate in the construction and development of the parallel chain, and jointly build the origin chain ecology. At the same time, the value produced in the parallel chain ecology is also reflected through OGT.
Full Name in English：Origin Chain Token
Full Name in Chinese：起源通证
Distribution date: June 29, 2020
White Paper Link：http://www.originchain.com/bpbook.pdf
Disclaimer: this introduction derives from the white paper and other official information released by the official project team so that investors can better understand the token and the corresponding project. The content of this paper is obtained through legal channels to ensure the reliability, accuracy and completeness of the information as far as possible, but the accuracy and completeness of the information mentioned in the report are not completely guaranteed. The content of this paper cannot be used as the basis for investment research decisions, moral, responsibility and legal basis or evidence, whether explicitly or implicitly.