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Thursday, January 17, 2019

UDAP - Building Asset Oriented Applications


WHAT IS UDAP

UDAP, is blockchain abstraction layer that can significantly reduce the cost of building asset oriented applications, both in the development time and runtime.


NO.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.

NO.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.

NO.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

NO.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.

TOKEN SALE

UDAP Foundation issues the UDAP token (also known as UPX token).
UPX tokens are used to make deposits required to become a UDAP service consumer.
Transaction fees, gas payments (i.e. smart contract execution fees) and persistent storage payments are also usually collected in UPX tokens.
The UPX Token
UPX tokens are implemented using the Ethereum ERC20 standard.
The Total Supply is 10,000,000,000.UPX tokens can be acquired in the following ways:
Token Distribution Event (TDE)
Purchase of UPX tokens from secondary markets, such as cryptocurrency or token exchanges
Airdrop (this method is intended as a means of popularizing the UDAP)
For any private token sales, please contact us at info@udap.io.


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




For more information :



ETH : 0x2eFA5E262f957ecAF1a4Ec8bb12E8AE91F93aEca

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