WCT Empowers the Jade Industry with Authenticity Verification and Transaction Records
The jade industry faces issues such as counterfeit products and unclear transaction histories, which affect market trust. WCT places data such as certification, origin information, and carving techniques on the blockchain, allowing consumers to verify authenticity via QR codes, with transactions paid using WCT, and funds released based on the certification results. After implementing WCT in a jade trading market, the circulation rate of counterfeit goods decreased by 95%, the transaction volume of high-quality jade increased by 60%, and merchant credibility improved by 70%, thus regulating the order of the jade market.
