The UDAP and UPX Token
UDAP is a global decentralized asset platform, is a middleware blockchain that provides full APIs and ‘Property Wallet’ for application developers to create powerful blockchain-based applications without the need for write any smart contract. It is the ‘second layer’ solution for non-fungal assets to simplify and accelerate the development of blockchain applications.
blockchain-based asset protocol between public applications and block chains to provide the full API and “Property Wallet” for application developers to create blockchain-based applications. powerful without writing any smart contract.
the “asset-oriented programming” model, application developers take advantage of the traditional Internet application architecture and use UDAP as a class of asset encryption, notarized transactions. and adjust the contract in case of dispute.
token is deployed using Ethereum ERC20 standard. Total supply is 10,000,000,000. The TOX notification code can be purchased in the following ways: Token distribution event (TDE) Buy UPX token from secondary markets, such as electronic money or Airdrop token exchange.
UDAP Technical & Service
This service implements state channel technology to help applications properly distribute the logic of their application between chains and outside chains to achieve the best efficiency of the chain and persistence in the chain. This is very important to minimize costs and ensure the best user experience.
Technically, UDAP provides several modules to accelerate application development, such as: Service Mark, to manage the full life cycle of crypto token assets. Applications can directly register based on blockchain chain assets and offer embedded markets for their customers. Public service channels to allow applications to do mostly offline operations and provide basic blockchain, such as ETH.
The confidentiality of this service is to conceal asset ownership using signature technology. Securely distribute content to digital content assets using proxy re-encryption technology. Foreign exchange services for decentralized asset trading, including applications for various currencies and token assets. Universal wallet for various mobile user interfaces.
UDAP Roadmap :
- 2017 Q2 – PROJECT KICKOFF.
- Q4 2017 – RESEARCH COMPLETED, Coding started, Core Team built up.
- Q1 2018 – UDAP FOUNDATION LAUNCHED, Technical white papers released, Started coding Proof-of-Concept prototypes and demos.
- Q2 2018 – UDAP CONCEPT COMPLETED, Expand eco-system and community.
- Q3 2018 – UDAP MINIMUM VIABLE PRODUCT(MPV) DEPLOYED AND RELEASED, State channel modules complete, Harvest Asset Wallet (MVP) released, First app – UMedia (MVP) released.
- Q4 2018 – UDAP MIDDLEWARE V0.4 RELEASED, Harvest Asset Wallet & UMedia officially released.
- Q2 2019 – UDAP MAINNET INFRASTRUCTURE V0.5 BUILT AND SHARED, More business partner’s application released.
- Q4 2019 – UDAP MAINNET DEPLOYED, C2C Asset Marketplace released, More community projects kicked off
- Q1 2020 – UDAP MIDDLEWARE V1.0 OPERATED, C2C Asset Marketplace operated.
- Token – UPX
- Platform – Ethereum
- Type – ERC20
- PreICO price – 1 UPX = 0.0164 USD
- Price in ICO – 0.0083 USD
- Tokens for sale – 4,000,000,000
- Distributed in ICO – 40%
- Raised – $2,994,000
- Protocol – Singular
Singular is a new asset account model, it defines how a thing is tokenized and how it deals with ownerships and trading in a decentralized way. The Singular asset model implements a concept: One thing = One smart contractThe Singular project is a natural development in the spirit of some of the earlier blockchain proponents who had envisioned what blockchain with smart contracts would achieve.
The fundamental concept of the Internet of Asset Protocol is to build a “Thick Protocol + Thin Application”.Application developers only need to have sufficient knowledge and understand their business logic and user experience, Therefore, the application is thinner and easier. A thick protocol based on UDAP middleware helps them to accelerate the blockchain development, to secure the transactions, and to reduce the development costs.
UDAP Middleware Core Services
a) Token ServiceThe service helps applications to quickly tokenize in-app assets, such as tickets, IP rights, certificates, and game assets. It also helps an application to create in-app currencies.
b) State Channels ServiceThe service implements state channel technology to help the application to properly partition their application logic between on-chain and off-chain, to achieve the best of off-chain efficiency and on-chain persistence. This is critical to minimizing the cost and providing the best possible user experience.
- Asset Wallet
Harvest Wallet is an Asset Wallet that supports ERC20, ERC721, and Singular types tokens. It provides individual users with great convenience and a unified interface to tokenize, manage and publish their own tokens, various fungible and non-fungible assets, and third-party applications can plug-in the wallet too.
a) Mint, manage and publish tokens
b) Support third-party apps that generate wide range of assets.
c) It provides a programmable UI for third-party applications to develop a complete user experience
UMedia is a marketplace for collectible music and other forms of digital media assets on your mobile phone, it included some complicated blockchain programming modules like all different token services, marketplace, Proxy Re-Encryption, State Channel, Singular. UMedia is to demonstrate the technical capabilities of UDAP. It’s so easy to make a Dapp by UDAP. Developers can use UDAP’s middleware to transfer their normal business into token-based business just like UMedia does.More different Dapp coming powered by UDAP, such as Ticketing, Social, Education, Gaming, Health, Supply Chain Finance, Data Center, Technical Community, Travel, E-Commerce, Library and so on.
Official Information :
- Website: https://www.udap.io/
- Whitepaper: https://www.udap.io/whitepapers/UDAP-Whitepaper-English-v08.pdf
- ANN Thread: https://bitcointalk.org/index.php?topic=5069084
- Telegram: https://t.me/udapcommunity
- Twitter: https://twitter.com/udapfoundation
- Facebook: https://www.facebook.com/udapfoundation
Created by Pavel Medino : https://bitcointalk.org/index.php?action=profile;u=1480270