Oranco, Inc. announced its blockchain-based spirits identification and collection technology has finished its test phase and the Company plans to launch the Huaxin Cellar Blockchain platform soon. Under the Agreement, both parties agreed to develop the Huaxin Cellar Blockchain platform for the company collectible liquors and other premium products by constructing a mechanism featuring blockchain technology characteristics such as uniqueness, data tampering protection, and transaction traceability. The company believes that the Huaxin Cellar Blockchain platform will increase the value of its collectible product lines.