币界网报道：According to the news from Bijie.com, on June 11 (UTC+8), the blockchain technology company Blockticity announced that its Layer 1 dedicated blockchain developed based on the Avalanche network has been officially launched. The chain is mainly used for global trade document verification. It has currently migrated 45,000 certificates of authenticity (COA) and plans to mint 700,000 new COA, involving a total asset value of more than US$1.2 billion. The platform uses tamper-proof technology to upgrade traditional PDF documents to programmable AI-supported documents to meet the compliance requirements of agencies such as the U.S. Customs and the European Union. Blockticity said that the predictable gas fees and stablecoin interoperability features of the Avalanche network can significantly reduce enterprise application friction and improve settlement efficiency. Blockticity is the first technology company to participate in the formulation of the blockchain supply chain verification international standard ASTM D8558. Its service scope covers strategic commodity trade verification such as coffee and medical supplies. (Source: Bitpush)