Introducing UÐAP Platform

Today I will discuss about the development of the world of Cryptocurrencies which have continued to increase significantly in recent years, with various types of Crypto, platforms or applications in circulation. Many ICOs will come every day now. Some with good ideas, some with useless ideas, only a few who have great ideas.

What is UDAP ?

UDAP is an asset-based locking protocol that can significantly reduce the cost of creating resource-oriented applications both during development and processing. For application developers and for creating applications based on a strong blockchain, without writing a smart contract, a wallet with assets is made. This service helps applications quickly mark in-game resources, such as tickets, IP rights, certificates, and game resources. It also helps applications make currency in the application.

Traditional ERP systems have created their own asset models based on centralized storage and computing. The asset model is the asset abstraction of the issuer that manages the asset management, operations and security systems. Unlike traditional FKZs, the UDAP asset model focuses on standardization, inseparability, security, privacy and authenticity of assets.

CONCEPTS

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 trading 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”.

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.

a) Mint, manage and publish tokens

b) Support third-party apps that generate wide range of assets.

c) 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 forms 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.