Shineco (NASDAQ: SISI) & BICC: From "Tech On-Chain" to "Global Redeemability"--RWA Ecosystem Takes Off for Long-Term Growth
Strategic Partnership: Shineco Inc. has formed a strategic cooperation agreement with Singapore-based BICC Pte Ltd to enhance the implementation of "on-chain cell assets" across various institutions, marking a significant step in integrating blockchain technology with stem cell applications.
Digital Management and Compliance: The collaboration will involve standard-setting and compliance coordination, with Plus Me providing digital management for Shineco's compliant mesenchymal stem cells on the Ethereum mainnet, including the issuance of "Cell Reimbursement Vouchers."
Offline Support Network: Shineco has established a "storage + reinfusion" network through its acquisition of Xi'an Dong'ao Health, which will work alongside BICC's distribution network to improve the efficiency of cell therapy services and voucher verification.
Focus on Quality and Integration: Shineco will prioritize cell quality and offline network standardization, while BICC will focus on user services and scenario integration, ensuring compliance throughout the lifecycle of on-chain cell assets.
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