Universal Ðecentralized Asset Platform (UDAP) - a Blockchain Middleware for Tokenizing Everything

in udap •  6 years ago 


Greetings to all subscribers of my blog! Today I would like to tell you about Udap – quite a promising project that will be useful to many owners of various enterprises and startups of various sizes. The Udap project team plans to create a platform where everyone can create blockchain applications (DApps) and set up smart contracts. It is everyone, because to work on the Udap platform, users will not need any special knowledge, such as programming, building decentralized networks, working with the blockchain, and so on. It will be enough only to understand what principles smart contracts work on.

In this regard, we can draw an analogy with the sites. Previously, at the dawn of the Internet, it was possible to create sites only manually – to code in a simple Notepad, while it was necessary to know a lot of programming languages and markup, such as HTML, CSS, PHP and JavaScript, as well as to be able to work with databases – and it was only by specially trained programmers. Then began to appear various applications and systems that partially automated and simplified development – special development environment, focused on the creation of sites, various libraries and frameworks – but still could only work with webmasters and programmers. And now, the site can create absolutely anyone, without writing a single line of code-various website designers and CMS, such as WIX, Word Press, Bitrix 24 – made the process of site building as simple and clear as possible. The same situation is with smart contracts and blockchain – Udap is a kind of constructor in which you can create your applications simply by including certain tokens and specifying certain functions.

This functionality, available on the Udap platform, will allow you to tokenize any startup and business that needs it. Owners of companies and enterprises will no longer need to hire professional blockchain developers, who, due to the high demand and high-tech nature of their profession, break incredible price tags for the creation of DApps and smart contracts.

Tokenization allows you to automate many processes taking place in the company, such as accounting, turnover of documents and assets, collective voting and decision-making, and also make them more secure and open. Very convenient and useful tokenization with the Udap platform will be for such industries as trade in digital goods (music, video, drains, games and game items), social networks and forums, sale of various documents, certificates and tickets, various libraries, infobusiness, e-Commerce and so on.

It should be understood that tokens created on the Udap platform can be not only crypto currencies. Any documents, securities and assets can be tokenized. To create and manage these tokens, the Harvest Wallet application will be used, in which it will be possible to control the entire flow of assets and tokens, as well as manage their issue. But you can also create your own payment systems based on crypto currencies in Udap.

For greater simplicity and clarity, the Udap command will also launch its own store of applications and contracts – Umedia. In this marketplace, you will be able to get acquainted with existing applications and learn various ideas and solutions for the tokenization of your business or startup.

The Udap project will initially work on the Ethereum blockchain, in order to simplify the start. But the creators intend in the future, with the growth of the customer base, to move to its own blockchain, which will be more scalable and high-speed than the blockchain Ether.

Link to the website - https://www.udap.io
Group in Telegram - https://t.me/udapcommunity
Official Facebook - https://www.facebook.com/udapfoundation
Official Twitter - https://twitter.com/udapfoundation
Whitepaper - https://www.udap.io/whitepapers/UDAP-Whitepaper-English-v08.pdf
The theme of the project on the forum is - https://bitcointalk.org/index.php?topic=5069084

My profile - K-265 - https://bitcointalk.org/index.php?action=profile;u=2356011;sa=summary
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