Blockchain Asset Omnificence
BAO is a build-in transformation tool for the Dasset system throughout the lifecycle of any dasset once it was created or registered in the system.
How to Use
As a system-wide built-in tool, BAO is used by account throughout the account lifetime. To be specified, account is a mandate element of a typical bao. Hence, a user could always keep in mind of BAO toolkits in the Dasset system.
As a born component of the Internet of Value, BAO is associated with the dasset throughout its lifetime. A middleware mechanism is adopted in the bao lifecycle, in which the specified dasset is converted into bud which has no specified owner or other properties. And the reversion happens in the bao decomposition.
» Account and Issuer
» Creation or Registration
» Trade and Exchange
» Transfer and Redemption
» Composition and Initiation
» Send or Cook
» Accept or Reject
A Use Case
» Bob, a genesis admin account, login the Dasset system with the Dasset Account and private key.
» Bob created a market named "Coupon" by clicking a button in the admin console. Technically, Bob activated the system to create a validator address (a public key) so as to initiate a channel according to the blockchain information exchange (BIX) protocol.
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