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Thursday, January 17, 2019

UDAP - Application Developers and Application Makers Based on Blockchain


Hello everyone, I will introduce the project about UDAP, if you are willing to join the UDAP project, let's look at the following review


About UDAP
UDAP is a blockchain-primarily based asset protocol that sits among applications and public blockchains to offer Restful APIs and an “Asset Wallet” for software developers to create powerful blockchain based totally programs without writing any smart contracts.


Our remaining intention is to construct the Internet of Assets. Its fee proposition has a clear boundary, and includes the following concrete deliverables:


  • Develop an asset protocol through information the “assets” in our global from a blockchain angle, and create an abstraction of the general behaviors of property; Define convenient APIs for classic vertical applications to integrate with blockchains, which would no longer require software builders to have a deep understanding of blockchain and decentralization technologies.
  • Provide a reference implementation of UDAP protocol, on top of Ethereum first of all. We abstract the maximum critical part of decentralized computing, decentralized garage technology, and decentralized messaging mechanism right into a concise and effective API.
  •  Implement a Universal Asset Wallet (UAW) for quit-users. The UAW will seize the most beneficial interplay styles with belongings that allow customers to keep, replica, switch, sell/buy, andchange a variety of assets deposit from third-party programs in a single location. Such a design for three-party utility development, in reality, is very favorable news, because the Three party systems can focus at the current middle commercial enterprise logic without having to discern out how to build their own belongings blockchain and consumer Interaction.
  • Engage cloud service companions to provide Asset Blockchain as a Service (ABaaS) so that companies can without problems create their very own personal or consortium asset chains which can join to the UDAP public chain for cost change.
  • Build a global C2C market to permit asset trading and alternate without intermediaries.
  • Support commercial enterprise to convert to the token financial system as a generation enabler thru

UDAP CORE CONCEPTS

1. Protocol – Singular


Singular is a new asset account model, it defines how a thing is tokenized and how it deals with ownerships and tradings in a decentralized way. The Singular asset model implements a concept: One thing = One smart contract
The 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.

2. Middleware-UDAP


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

Token Service
The service helps applications to quickly tokenize in-app assets, such as tickets, IP rights, certificates, and game assets. It also helps application to create in-app currencies.

State Channels Service
The service implements state channel technology to help 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.

3. 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.

  • Mint, manage and publish tokens
  • Support third-party apps that generate wide range of assets.
  • It provides a programmable UI for third-party applications to develop a complete user experience
Harvest wallet
Harvest Wallet is an ERC721 and UDAP Singular Style Asset Wallet

Case – managing Asset Token
Supports both ERC 20 and ERC721 token standards, people can easily manage asset from third-party apps, personal assets, debts etc. on blockchain or state channels

Case- An Store Application
Harvest Wallet is also an extended plug-in architecture. It supports a large number of third-party applications that produce various assets in it.

Case-An Eco-System
harvest wallet provides a programmable UI for third-party applications to develop a complete user experience
  • Simple asset transfers
  • Obtain permission to transfer
  • Redeem tickets
  • Marketplace
  • Support multi-sig transactions.
4. Applications


UMedia is a marketplace for collectible music and other form 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.

UDAP TOKEN

Udap Foundation Issue the Udap Token (also referred to as UPX token). UPX Token are Used to make deposits required to grow to be a UDAP carrier customer. Transaction fees, GAS Payment (I.E. Smart Contract Executive Fees) And Persistent Storage Payment also are typically amassed in UPX Tokens. UPX Tokens have carried out the usage of the Ethereum ERC20 Standart.

Token Detail

Token Name: UDAP
Token Ticker: UPX
Total supply: 10,000,000,000.

Token distribution


  • Public-sale: 15 %
  • Private-sale: 25 %
  • Foundation: 30%
  • Advisor: five %
  • Private: 25%
  • Team: 15%
  • patners: 10%

Allocation of Fund 


  • Incubation: 20%
  • Other: 5%
  • Legal: 5%
  • Marketing: 20%
  • Development: 50%
ROADMAP

2017 Q2
Project kickoff

2017 Q4
Research completed
Coding started 
Core team built up

2018 Q1
UDAP FOUNDATION launched

2018 Q2
UDAP concept completed
Expand eco-system and community
Technical white papers released 
Started coding Proof-of-Concept prototypes and demos

2018 Q3
UDAP Minimum Viable Product(MVP) deployed and released
Singular Smart Contract Framework released 
State channel modules completed 
Harvest Asset Wallet (MVP) released 
First app – UMedia (MVP) released

2018 Q4
UDAP middleware V0.4 released
Singular Framework 0.5 release 
Harvest Asset Wallet beta release 
UMedia officially launched 
Community Support Program launched

2019 Q2
UDAP mainnet infrastructure V0.5 release
More business partner’s application released

2019 Q4
UDAP mainnet deployed
C2C Asset Marketplace released 
More community projects kicked off

2020 Q1
UDAP Middleware V1.0 operated
C2C Asset Marketplace operated





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