The International Digital Industry Committee, the Hong Kong RWA Research Institute, and Hong Kong Tongli Trading Co., Ltd., together with 34 cross-industry enterprises in China (covering manufacturing, mining, new energy, real estate, international trade, technology, and services), have jointly created a smart contract-based system on the Binance Chain to issue UMV tokens (total supply of 100 million). This system aims to build a blockchain-based cross-enterprise value circulation and on-chain system for physical RWA assets, addressing issues such as information opacity, low collaboration efficiency, and insufficient asset liquidity in traditional industrial chains. It also aims to promote the digital transformation of physical enterprises, providing full support from technology and operations to implementation. Over the next five years, the system will incubate 100 physical enterprises to on-chain their physical RWA assets. Profits from incubated enterprises, after deducting technology and operational costs, will be fully invested in the UMV pool for token burning, allowing all participating consensus partners to profit and increase their value.
Platform advantages
Advantage 1: Security. It is completely decentralized, with secure contracts, transparency, open source, and cannot be increased. Permissions are destroyed, the bottom pool is locked, there are no backdoors, and all rules are hardcoded on the chain (Base Chain).
Advantage 2: Everyone works together to form a consensus. All donations and bond funds are put into the pool to purchase UMV. All donations and bond funds are added to the pool to increase its thickness. Everyone holds coins and everyone profits multiple times. The rise and fall of coins eliminates bubbles (data is verifiable).
Advantage 3: All funds in the entire agreement are in the bottom pool, ensuring data transparency. Tongli International UMV uses the transaction fees to build and ensure the safe operation of the platform and the development of its ecosystem, which is conducive to the continuous, stable and long-term development of Tongli International UMV.
Phase planning and team configuration
I. Phase Planning
1. Preparation period (3 months): Determine the blockchain technology solution, formulate UMV token rules, and complete the asset review of 34 companies;
2. Pilot period (6 months): Select 3-5 representative enterprises (such as manufacturing and trading companies) to conduct small-scale asset on-chain and UMV circulation tests;
3. Promotion period (1-2 years): Gradually expand to all 34 companies, launch the token burning mechanism, and improve ecosystem incentives;
4. Mature stage (2 years or more): Open ecosystem interfaces, accept new enterprises to join, and form a cross-industry entity on-chain network.
II. Team Configuration
A dedicated working group was established, including: a technology development group (responsible for building the blockchain platform), an asset assessment group (connecting with enterprises’ needs for putting their assets on the blockchain), a compliance and legal group (ensuring project compliance), and an operations coordination group (promoting collaboration among enterprises). Blockchain technology experts and digital consultants for established enterprises were hired as external advisors to provide professional support.
III. Phased Implementation Path
1. Phase 1 (6-12 months): Prioritize putting the standardized assets (such as bulk commodity inventory and standardized product orders) of 34 companies on the blockchain to complete the construction of the underlying blockchain platform (it is recommended to use a consortium blockchain to balance security and controllability);
2. Second Phase (1-2 years): Expanding to non-standardized assets (such as intellectual property rights and supply chain finance claims), using smart contracts to achieve asset splitting, transfer, and ownership confirmation;
3. Third stage (2 years or more): Integrate with external partners and gradually expand the scope of on-chain assets to the upstream and downstream of the industry chain to form a cross-industry digital asset network.
4. Technical Support: It adopts Binance Chain’s mature blockchain technology, and is equipped with a smart contract engine, off-chain data access interface (to ensure real-time synchronization between physical assets and on-chain data), and privacy protection scheme.
Core concepts, future plans and long-term goals
I. Core Concepts
1. Everything can be RWA
Real-world assets (RWAs) refer to the digital mapping of various traditional tangible assets (such as real estate, mining commodities, and bulk commodities) and intangible assets (such as intellectual property and financial claims) through blockchain technology, making them tradable and transferable digital assets on the blockchain. We firmly believe that almost all assets with value and equity attributes can achieve RWAs through appropriate technology and legal frameworks, breaking the limitations of traditional assets and improving asset liquidity and accessibility.
2. Everything can be put on the blockchain.
Leveraging the distributed ledger and encryption technologies of blockchain, information and transaction records of various assets are recorded on the blockchain, achieving data immutability and traceability, and building a transparent and trustworthy digital asset ecosystem. Whether it’s changes in asset ownership, profit distribution, or related business processes, everything can be automated and managed on the blockchain.
3. Equal rights for cryptocurrency and equity
By combining traditional equity with digital tokens on the blockchain, users who hold digital tokens can enjoy similar rights to traditional equity, such as voting rights and dividend rights, providing investors with a new and more flexible way to invest and participate in corporate governance.
II. Future Plans and Long-Term Goals
“Everything can be RWA, everything can be on-chain, and cryptocurrencies and stocks have equal rights”—this is a forward-looking and innovative concept of our time. We firmly believe that with the collaborative efforts of 34 companies, including Hong Kong Tongli Trading Co., Ltd., we will pave a new path for the application of blockchain technology and the development of the digital economy, providing global users with more convenient, efficient, and fair asset digitization services, and jointly creating a better digital future. Looking ahead to the next five years, Tongli International will continue to innovate, focusing on incubating companies that embrace the RWA and digital economy concepts. From technical support, operational guarantees, mechanism building to implementation guidance, we will strive to achieve our goal of incubating 100 companies. It is understood that each incubated company is expected to have a profit potential of 1-10 million RMB. After reaching a production value of 1 billion RMB, part of the funds will be used for operational and support costs, part will be distributed as shareholder dividends, and the remaining profits will be used to purchase UMV and burn it in a black hole to increase its value. Simultaneously, 5% slippage will also be burned in the black hole until the total UMV is reduced to 10 million. Based on this mechanism, UMV data is expected to achieve a hundredfold increase in value. With the empowerment of the entire ecosystem and the building of global consensus, a thousandfold increase in UMV value is anticipated in the future.
This is not just a single project, but an open platform, a set of win-win rules, a grand industry event in the blockchain RWA field, and a valuable opportunity to incubate and support real-world businesses, allowing every shareholder to own company shares. Tongli International UMV looks forward to joining hands with you, with the spirit of “consensus, co-construction, co-creation, and win-win,” and practicing the aspiration of “mutual benefit for those on the same path, and benevolence as beauty,” to jointly embark on a new journey in the digital economy!
