Investors who use digital currencies must now interact with several opponents to successfully manage their risks and portfolios. These opponents are traditional banks, payment networks and financial service companies. The majority of them do not understand the nature of digital currencies, which can lead to frustration, account freezing, losses, and not to mention the various inefficiencies that come from moving between different asset classes.
With the emergence of the blockchain, more users and businesses are starting to struggle to use the existing infrastructure to manage fund transfers between physical and virtual platforms. In this case, I found a platform that tried to solve this problem by introducing "tokenized everything" UDAP, providing services about digital asset control on a decentralized network to create ecosystem stability. This blockchain based platform makes quality with lower cost conditions and builds the best development to handle the value of digital assets in the future.
About UDAP
UDAP is an asset-based locking protocol that can significantly reduce the cost of creating resource-oriented applications both during development and processing. For application developers and for making strong blockchain-based applications, without writing smart contracts, wallets with assets are made. This service helps applications quickly mark in-game resources, such as tickets, IP rights, certificates, and game resources. It also helps applications make currency in the application.
This service applies the most advanced technology to help applications distribute their application logic correctly between chains and external chains to achieve the best chain efficiency and save in chains. This is very important to minimize costs and ensure the best user experience.
Technically UDAP provides many modules to accelerate application development, such as:
Singular is a new asset account model, it determines how it is determined and how to determine ownership and trade in a decentralized manner. The Singular asset model is approved by the concept: One thing = One smart contract
The Singular Project is a natural development in several previous blockchain supporters who have supported what will be supported by the blockchain with smart contracts.
The basic concept of the Internet from the Asset Protocol is to build a "Thick Protocol + Thin Application".
Application developers only need to have sufficient and understandable knowledge. Therefore, applications are thinner and easier. Thick protocols based on UDAP middleware help them to improve the development of the blockchain, to facilitate transactions, and to reduce development costs.
Harvest Wallet is an Asset Wallet that supports ERC20, ERC721 and Singular type tokens. This gives individual users access to their own personal tokens, licenses and issued tokens, various assets that are commensurate and not commensurate, and third-party applications can also connect the wallet.
- Mint, manage and publish tokens
- The third party applications that produce various assets.
- It provides a programmable UI for developing a complete user experience
No.4-UMedia
UMedia is a market for music that can be collected and made different from digital media assets on your mobile, which contains several blockchain programming modules that provide different tokens services, markets, proxy decryption, state channels, singular. UMedia will demonstrate UDAP's technical capabilities. It's easy to make Dapp by UDAP. Developers can use UDAP middleware to transfer their normal business to business based such as UMedia.
More different DAPs supported by UDAP, such as Tickets, Social, Education, Games, Health, Finance, Competition, Data Centers, Technical Communities, Travel, E-Commerce, Libraries, and so on.
UDAP Token (UPX)
UDAP Foundation publishes UDAP tokens (also known as UPX tokens). UPX stores are used to make deposits needed for UDAP service customers. Transaction fees, gas payments (i.e. the costs of implementing smart contracts) and deposit payments are usually collected in UPX tokens.
UPX is implemented using the Ethereum ERC20 standard. The number of tokens can be sold in the following ways: Distribution Token Events (TDE) purchase UPX from secondary markets, such as cryptocurrency or Airdrop exchange (the method is intended as a means to popularize UDAP). The total supply of UPX tokens is 10,000,000,000.
Token details
- Token: UPX
- Platform: Ethereum
- Type: ERC20
- Price: b1 UPX = 0.0000142857 ETH
- Total Supply: 10,000,000,000 UPX
- Price in ICO: 0.0083 USD
- Tokens for sale: 4,000,000,000
- Distributed in ICO: 40%
- Raised: $ 2,994,000
- ICO Date: January 6, 2019 - March 31, 2019
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Conclusion
Knowing the problem of developing and transferring DAPP on a new blockchain, I found a project that tried to solve this problem by introducing UDAP "tokenized everything", using UDAP DApps can be easily transferred from one blockchain to another without any problems with incompatibility.
This service applies to the most advanced technology to help applications distribute logic between chains and external chains to achieve the best chain efficiency and save in chains. This is very important to minimize costs and ensure the best user experience.
More Information About UDAP (UPX Tokens)
- Website: https://www.udap.io
- WhitePaper: https://www.udap.io/whitepapers/UDAP-Whitepaper-English-v08.pdf
- Twitter: https://twitter.com/udapfoundation
- Facebook: https://fb.me/udapfoundation
- Telegram: https://t.me/udapcommunity
- Bitcointalk Thread: https://bitcointalk.org/index.php?topic=5069084.0
Author: Tasya Nabilla
ETH: 0x5D18c94812D17a1Bf1CBe43b30585a3BEBf56b9d
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