The foundation of value transmission of blockchain technology is to establish a reliable credit mechanism. As integral is a digital asset with real value, how to design a set of credible mechanism to form a brand new business alliance with other businesses on an equal footing, which can not only guarantee openness and win-win results, but also achieve a high degree of autonomy, is the key to realize the application of integral points and value transmission of blockchain.

The traditional points exchange platform appears to have one more exchange channel for users, but it causes damage to the merchants connected to it, such as customer loss and machine swiping. Meanwhile, it is difficult for the centralized platform to realize its higher commercial value. In view of these pain points, in order to truly and thoroughly implement the cross-domain flow of business points, blockchain technology, as a distributed network trust technology, has the potential to “remedy the case”, allowing partners to participate in transaction verification, ledger storage, real-time settlement, and fundamentally innovating the business model of points.

1) The participants of the state system have full autonomy and cannot deny it. Blockchain technology naturally supports the issuance, transfer, payment and settlement of valuable digital assets such as points. The participants of the ecosystem can form a multi-center node of the blockchain to implement joint construction, sharing and supervision. When a participant (enterprise) issues credits, it uses its own private key to sign (issue “IOUs”, which cannot be forged or repudiated), and others can use the public key of the issuer to verify the authenticity. The spender in circulation (the consumer) again signs with his private key (agrees to the payment). Traces of issuance, circulation and other links will be completely and truthfully recorded in the blockchain.

2) The participants of the state system jointly formulate rules to satisfy the right to know and the right to supervise at different levels. The formulation and revision of rules are non-discriminatory, that is, members of the ecosystem are treated equally regardless of size or sequence. Second, the common interests of ecosystems are embodied in rules, and rules explicitly reward those who uphold them and punish those who break them. Finally, these rules are written in the blockchain code, and the rewards and punishments are automatically completed by the system and take effect in real time, without the possibility of human intervention.