The United Crowd Platform creates a network that provides tokens for users and investors. Within the platform, there are different activities customers can perform to gain access to the network and become part of the project. Performing any of these activities or functions on the network requires access to one or more of the three layers of United Crowd, which include Service layers, settlement layer, and confidence layer. The functions include:
Issuing
Clients can participate in the crypto business as an issuer. They will be responsible for the generation of contracts and the issuance of the platform’s tokens. An administrator of the network will work with the issuer and will be in charge of the technical execution of the issue. Every user that intends to gain access to the United Crowd network, as an issuer, requires authorization on the settlement layers, through the front end and API access. There are issuing conditions and regulations the issuer and administrator need to follow. These validations and compliance policies are delivered via the front end, and because the data gathering is done through the service layer.
Investing
Crypto enthusiasts and the blockchain community can join this network through investments. Investors can declare their rights to ownerships to project contracts and token distributions through the front end on the contract level. The service layer enables investors to adhere to the verification and compliance rules that guide the contract, and they can view this through the front end also; more so, the progress data and contract agreements are monitored on the service layer.
Custody
Users can gain access on this network to the settlement layer, and this gives them the authority to be a custodian of various transactions. Access to this function is available via API and the front end. Custodians adhere to the policies and compliance on the platform by following the advanced security levels and conform to the rules set by the regulatory authorities by accessing the confidence layer.
Exchange
Users who intend to provide exchange and trading platforms on tokens require access to the settlement layer for their various transaction deals. They also need access to API interfaces to adhere to the market and industry prerequisites for real-time payments and transactions. API interfaces are also a compulsory requirement for these external exchanges who need to maintain good recordkeeping of historical data for statistics and data gathering.
Delegation
This involves an incomplete release of governance rights to accommodate compliance and rules by contractual entities. For the United Crowd, the platform is designed to create a committee to oversee the delegation. The committee is elected through a voting exercise based on the smart contract level and the network allows them to execute their governance and delegation functions. The delegation team has access to two different layers – the settlement and confidence layers.
Regulation.
These are members of the network that monitor and oversee different actions performed on the network. They have access to “Real World Contracts”. Their role is important to the platform as it influences the delivery of regulatory requirements.
USEFUL LINKS
Website: https://unitedcrowd.com
Telegram: https://t.me/UnitedCrowd
Twitter: https://twitter.com/UnitedCrowd_com
Facebook: https://www.facebook.com/UnitedCrowd/
LinkedIn: https://www.linkedin.com/company/UnitedCrowd
Instagram: https://www.instagram.com/UnitedCrowd_com/
YouTube: https://www.youtube.com/c/UnitedCrowd
Bitcointalk Username:@Ojoy17
Bitcointalk profile link:https://bitcointalk.org/index.php?action=profile;u=3000003