{"id":147,"date":"2025-11-02T10:40:28","date_gmt":"2025-11-02T10:40:28","guid":{"rendered":"https:\/\/ex-harmony.com\/?page_id=147"},"modified":"2025-11-10T10:33:01","modified_gmt":"2025-11-10T10:33:01","slug":"system-technical-architecture","status":"publish","type":"page","link":"https:\/\/ex-harmony.com\/?page_id=147","title":{"rendered":"System Technical Architecture"},"content":{"rendered":"<!-- wp:themify-builder\/canvas \/-->","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-147","page","type-page","status-publish","hentry","has-post-title","has-post-date","has-post-category","has-post-tag","has-post-comment","has-post-author",""],"builder_content":"<h3>System Technical Architecture<\/h3> <h2>Harmony Coin System Design Goals<\/h2> <p>Design and implement a system similar to the USDC issuance platform, mainly including the following functions:<\/p> <ol> <li>Supports users to deposit fiat currency; the platform verifies and mints tokens. <\/li> <li>Supports users to burn Mint tokens and receive fiat currency redemption. <\/li> <li>Supports standard operations such as querying, transferring, and paying. <\/li> <li>The backend management system allows viewing issuance volume, authorized addresses, etc. <\/li> <li>Supports wallet\/exchange integration (on-chain tokens are tradable). <\/li> <li>Highly compliant, auditable, and regulatory-compliant integration.<\/li> <\/ol> <h2>Harmony Coin Launch Process<\/h2> <p>The following is the forward transaction process for generating Harmony Coins:<\/p>\n<h1>01<br\/>Fiat currency transfer<\/h1>\n<p>Users transfer fiat currency (such as CHF or USD) to the Harmony Coin issuing platform, usually through bank transfers.<\/p>\n<h1>02<br\/>Fund custody<\/h1>\n<p>The Harmony Coin issuing platform deposits fiat currency into its bank account or escrow account.<\/p>\n<h1>03<br\/>Smart contract casting<\/h1>\n<p>The platform invokes smart contracts on the blockchain to mint Heshi coins of equal value.<\/p>\n<h1>04<br\/>User Receive<\/h1>\n<p>Users receive an equivalent amount of Harmony Coins<\/p> <p>(1 CHF = 1 Harmony Coin).<\/p>\n<h1>05<br\/>Reserve Records<\/h1>\n<p>The blockchain\/smart contract system records this fiat currency as reserves.<\/p>","_links":{"self":[{"href":"https:\/\/ex-harmony.com\/index.php?rest_route=\/wp\/v2\/pages\/147","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ex-harmony.com\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/ex-harmony.com\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/ex-harmony.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ex-harmony.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=147"}],"version-history":[{"count":20,"href":"https:\/\/ex-harmony.com\/index.php?rest_route=\/wp\/v2\/pages\/147\/revisions"}],"predecessor-version":[{"id":274,"href":"https:\/\/ex-harmony.com\/index.php?rest_route=\/wp\/v2\/pages\/147\/revisions\/274"}],"wp:attachment":[{"href":"https:\/\/ex-harmony.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=147"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}