PRESENTATION
The buzz about cryptocurrency is increasing, people have heard about it, and more and more people want to find more about it, and find a way to be a part of it. When blockchain technology came, so many things changed, for better, we say. So many businesses have improved, so many companies have started using crypto currencies in their work. The new ideas are coming every day. People want to invest in the new projects. We have the biggest tool in the world, and it is called the Internet. The internet is a enormous base of information where we can do anything. Internet has connected the entire world. One of these projects is, which is the world’s first multipurpose double convention worked with a decentralized innovation in mind.
Check this video presentation
YayProto
YAYPROTO is an encryption technology that has evolved from scratch and is now the most stable way to protect third party information. However, the human factor remains fragile. Encryption keys can be stolen, tampered with, or tapped. This can be used for illegal actions. The concept of bit coin has brought new hope into the modern world of the Internet to ensure the failure of information by third parties. Information sent once between entities will not be altered and unauthorized changes will not be made.
YayProto is the world’s first multipurpose double convention worked with a decentralized innovation in mind. Beta adaptations of SDK’s for building portable apps(iOS/Android) are prepared to be circulated by ask. Work area SDKs will be declared soon. Minor defects are conceivable. Bug reports are welcome.
Collected best as a main priority:
• Awesome Messenger (visit, sound and video calls, gathering)
• P2P-Money exchange stage (Hawala Banking)
• Marketplace for neighborhood business/administrations (lodging, protection, advertises, any sort of a physical business that needs to go on the web)
• Ultimate Privacy and Security with encryption keys put away in blockchain
YAYPROTO Goal
We will likely make a decentralized cryptographic-safe informing framework for private exchanges.
YayFon Messenger has the greater part of the standard capacities, for example, the transmission of content, pictures, voice, video, documents, stickers, gatherings, all ensured with end-to-end encryption utilizing Elliptic Curve Cryptography calculation. More highlights not far off.
Bots
Public gatherings
Sticker advertise joined with Sticker SDK for designers to permit create and win YFN
All information will be exchanged safely utilizing YayProto, exclusive convention, particularly intended for versatile systems
P2P cash exchange
Real time cash exchange stage
Real time swarm loaning stage
Ranking framework will be executed for P2P exchange and loaning
Loaning
With YayProto Lending we expect to give an option decentralized loaning answer for people also, organizations utilizing the creative blockchain innovation. Having in backend YayProto, there will be a stage created, which will utilize digital money nearby fiat cash for the motivations behindshared loaning.
YayProto Lending stage empowers individuals over the globe to loan or obtain Bitcoin, Ethereum also, Fiat money and in this way be a piece of worldwide decentralized monetary administrations.
Our group firmly has confidence in awesome capability of distributed loaning. Through the ICO we intend to make these administrations more reasonable, straightforward and solid.
Decentralization/Data/Content
• Provide your registering force and system speed for supporting the framework and procure YFN.
• Share and get uncommon and one of a kind substance and gain our advantages.
Benefits of YayProto
International and local money transfer
Users can enter the recipient’s address directly into their wallet and send quick transfers to anywhere in the world.
Wallet
YayProto Wallet is an alternative to traditional banking with a better way to spend, save and share money. It is absolutely fee-free and straight from mobile application!
P2P Exchange
YayProto platform allows to connect a large number of individuals to trade cryptocurrencies across the globe
Card
The virtual and physical cards will be issued with the function to connect virtual assets in the finance sphere.
Lending
P2P Financing & Investing Platform which enables a single individual or group of people to issue loans. YayProto tokens will be used to determine the credit score and are considered as important part of the system.
Built-in encrypted messenger
A full-feature decentralized private, secure and encrypted messaging app. It is also capable of sending multimedia, and also support live encryption of all multimedia streams. The app enables to send money P2P
Shopping Offline
A free online marketplace where people can securely and reliably buy and sell any items you wish using cryptocurrency. Like any regular marketplaces it will have all features you need to manage your stores.
Solution
Crowd based banking system. Security of your funds will be backed and secured by our technology on blockchain.
Protocol
Block YayProto is a cooperative ledger that can change the conditions, done by licensed nodes and confidence, and can handle several thousand or several tens of thousands of transactions per second. This reaches this kind of thing by executing an on-client contract and verifying ultimately with a 90% consensus algorithm in the creation of each new block. Blockchain does not need to put a complete history of all transactions, because it can be stored on the side chain by the actor who is responsible for doing so.
End-to-end encryption (ECC)
End-to-end encryption guarantees that data is firmly transferred between end points. Usually, end-end encryption procedures include some form of special endpoint verification to avoid MITM attacks. For example, one may delegate the authority of the warranty or confidence nets.An alternative technique is to generate cryptographic hash (fingerprint) based on a common user key that communicates or a secret key with. Some parties compare their fingers using out-ofband channels that bear the integrity and authenticity of communication (but not necessarily confidentiality), beforehand start their conversation. When the fingerprints fit, there is a theory, no man in the middle.
Time is shown for human control, fingerprints are generally encoded into hexadecimal strings. This string is then formatted into groups of distinctive features for easy reading. In the YayProto issue, the public key will also be stored in the blockchain as well as each network participant can check the authenticity of the button, to avoid MiTM attacks.
Features:
Built-in messenger
Built-in p2p of the money transfer crowd as well as the loan base
Purse
Software tools for developers to create unique and interesting products and services that match the daily lives of billions of people
Token Sale and ICO
Currency received: ETH, BTC
Token exchange rate: 1 ETH = 7500 YFN 1 BTC = 75000 YFN
Number of tokens per one person: unlimited
Number of minimum transactions: 1 ETH, 0.04 BTC
Maximum transaction amount: unlimited
Tim YayProto Farid Amrahov (Founder & CEO) Managing and operating a number of IT related businesses. Has a strong business development background . Responsible for determining YayProto's vision. Jamil Abdullayev (Co-founder, CTO) Professional with 17+ years experience in IT and telecommunication industry. Working at a number of leading IT companies where he leads most of the prominent IT projects.
More info:
PRE-IСO [12 February, 2018 - 26 March, 2018]
IСO [23 April, 2018 - 28 May, 2018]
Token Distribution and Funding Usage
ROADMAP
TEAM
Be a part of this incredible project. Download the whitepaper for the full scoop.
Till next time…
For more information, please visit:
Website: https://ico.yayfon.com
Whitepaper: https://ico.yayfon.com/whitepaper
Twitter: https://twitter.com/YayProto
Facebook: https://www.facebook.com/YayProto
ANN Bitcointalk: https://bitcointalk.org/index.php?topic=3004803
Telegram: https://t.me/YayProto_ICO
YouTube: https://www.youtube.com/channel/UC17nf13s9jPvcwCKuNjTUsQ
Author: TheMichaelMatch
My BitcoinTalk Profile: https://bitcointalk.org/index.php?action=profile;u=1326035
Disclaimer: This article was published in terms of the bounty campaign. I am not a project team member or its representative but a supporter of this incredible project.
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