UDAP - Any Tokenisasi Art
Many businesses have cases that can be corrected and / or resolved using distributed ledger technology. This can be used in many cases where trust services are needed by business applications. This can be utilized by using blockchain technology as an application platform to build a system of basic trust infrastructure.
Although Bitcoin, the first real implementation of the blockchain, is a decentralized currency and payment system, the basic construction that forms the basis of the system does not have to be limited to payment transactions, accounts, balances or users. In contrast, blockchain technology in Bitcoin is nothing more than transactions that are secured and executed by scripting languages using cryptographic methods. This means that the blockchain is a platform with scripting languages that can solve use cases other than cryptocurrency.
Defining UDAP
This platform is a blockchain based asset protocol that borders applications and public blockchain to ensure the Quiet and Asset Wallet API for those involved in developing applications to be able to design blockchain applications that are able to do without the need to write smart contracts.
The question is in what matter does UDAP give influence to application developers and the answers are as follows:
Service Tokens, so the application can directly quote token-based assets on the chain and provide a default market for its users.
State channel services that create space for applications to do operations and in most cases offline and guaranteed by the public blockchain, Ethereum is a good example.
Data confusion services, secure content distribution, exchange services, and universal wallets.
Challenge of blockchain based applications
Together, bitcoin and Ethereum have so far proven that blockchain technology, decentralized systems, and global collaborative communities can work together. They have also revolutionized usability among the elite developer community.
Some challenges include:
Scalability: almost all famous first generation blockchain systems have a hard limit on the number of transactions. Bitcoin limits the maximum block size, Ethereum limits the total amount of gas in one block, for example.
Cost
Personal
Responsiveness.
Solution with UDAP
The idea here is to solve problems by adopting and using state channel technology.
For example the problem of scalability can be overcome because technology treats the blockchain as a dispute adjudication platform that is usually involved in minute-by-minute operations, but only plays its role when the contract needs to be executed and very important assets need to be considered. protected.
By utilizing state channels, transactions can run from the blockchain remotely and with this setup fee drastically reduced.
In overcoming problems that often arise regarding privacy, UDAP gives technology users to control the visibility of their clients.
Finally, because it involves responsiveness, the platform utilizing state channels will allow applications that are supported by the blockchain to provide the best possible UX in addition to a number of special features from decentralized ledgers.
It should be noted that UDAP does not represent the generic State Channel framework at all. This is more of an implementation of Channes Countries which are guided to applications related to assets that cannot be exchanged.
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