Whitepaper (EN)
UÐAP
Universal Ðecentralized Asset Platform
- a Blockchain Middleware for Tokenizing Everything
HOW UÐAP WORKS?
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 provides multiple modules to speed up app development, such as:
Token Service, to manage the full life-cycle of asset-backed crypto-tokens. Applications can immediately register token-based assets on chain and offer built-in marketplace to their customers.
State Channels Service, to allow applications to conduct transactions mostly offline and secured by public blockchains, such as Ethereum.
Universal Asset Wallet for versatile mobile user interface to deal with any token-backed assets that UDAP has helped to maintain.
Token Service
UDAP Token Service manages the full life-cycle of asset-backed crypto-tokens, starting from tokenizing different asset dynamically.
- CreateTokenClass
- InitContract
- Mint
- Tokenize
- AddAsset
State Channels Service
UDAP implements state channel technology to solve some of the most challenging issues with developing and running Blockchain-based applications:
Scalability: State channel technology treat blockchains as the dispute adjudication layer, or court system that usually is not involved in the minute-by-minute operations, but only plays its role when contracts need to be enforced and critical assets need to be secured.
Cost: State channel allows transactions to run locally off blockchains, thus carries a cost model comparable to traditional Internet applications.
Privacy: UDAP provides technology to let users control the visibility of their assets.
Responsiveness: State channels would enable blockchain supported applications to offer best possible UX together with unique features of decentralized ledgers.
Universal Asset Wallet
Harvest Wallet 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.
Core Team
Bing Ran
Co-Founder
Cryptocurrency Programmer, JVM-related programming language designer and developer, Groovy, Spring, ASM contributor, Architect for Internet Applications, Former IBM Canada Architect
Derrick Warren
Chairman of Foundation
Former Vice President of IBM Global Services, Thought-Leader and Expert in IT Sales and Delivery, Strategic Transformation, Solution Consulting, and Client Management
Li Zhang
Co-Founder
Cryptocurrency Enthusiast, Blockchain-based Supply Chain Finance Advocate, Former Managing Director of Planning and Consulting of Inspur Group, Former Senior Managing Consultant of IBM GBS, IBM Certified Architect, he had PhD of CS from Chinese Academy of Science.
Frank Ying
Co-Founder
SME of Gaming and IP Industry, Former VP of Business at EPE, Former Managing Director at True Corp China, Former BD Director at The9, Former Publishing Director at In-Fusio, he had MS from CSULB.
Xiaofeng He
Chief Scientist
Professor of Machine Learning and Big Data Analytics, East China Normal University. Former Research Scientist at Yahoo, Microsoft, Lawrence Berkeley National Lab; PhD at Penn State University
Douglas Wang
Founder of JIC Capital
Blockchain & Crypto Investor, Community Operations Expert, Blockchain Robot Inventor, Founder of JIC Capital, Former Sales Director at HP China
NADIM UDDIN
Growth Strategist
Growth strategist for PCHAIN, Marketing Manager for VIDY, Blockchain & Crypto Investor, Blockchain Marketing Expert, entrepreneur, inventor in technology, blockchain ecosystem, digital marketing, experience as Business Analyst.
MURRY DIAO
Senior Blockchain Developer
Full stack developer and blockchain technology enthusiast, Cryptokitty Chinese community core member, Founder of LocalKitty
Core Team
LYCRUS TANG
Senior Blockchain Developer
Former IBM zSystem software developer, Proficient in solidity, opcode assembly, common Ethereum EIP, Web3.js and web3j.
JOE LONG
Senior Blockchain Developer
RUILI GUO
Senior Blockchain Developer
WENLI WU
Senior Blockchain Application Engineer
LIANGPEI HUANG
Senior Front-end and Nodejs Development
CAIZHENG DONG
Senior Android Developer
CICI CHEN
Senior Testing Engineer
BO HU
Senior iOS Developer
Core Team
LU CHEN
Senior UI/UX Designer
IVY WANG
Operational Manager
Advisors
Andrew Sotiropoulos
Senior Executive
Cloud Computing Expert, Former General Manager of IBM GTS Asia Pacific, Former IBM General Manager for Pure Systems
Dr. Sandra Johnson
CEO, SKJ Visioneering
Blockchain Ambassador, Global Technology Leader, Innovator, Master Inventor (with over 40 issued and pending patents), Former IBM Africa CTO
Dr. Lars Mathiassen
Professor, Georgia State University
Co-Founder of Center for Process Innovation at Robinson College of Business, Co-founder of Scandinavian Journal of Information Systems, Senior Editor for MIS Quarterly
Yuan Dao (Sheng Chen)
Founder of 21ViaNet Group Inc.
Investor, Thought-leader and Evangelist for Token Economy, Board Chairman of 21 ViaNet Group Inc.
John Ma
COO at CVCapital
CFA, Former Head of Asia ECM at Roth Capital Partners, Former Portfolio Manager at Innovus Financial Solutions
Harrison Ding
Entrepreneur
CEO of Multiple Listing Network, Former President of Global Caravan Technologies Inc, Former Global Council Chair for Subcontract Services, IBM
James Chou
CEO of Microsoft Accelerator Shanghai
Former CEO of Golden Sun Software Inc, Former Co-Founder of 99cloud Inc, Former Senior Director of AsiaInfo Holdering Inc
Susie Yin
VP at Dianrong.com
Former Marketing Director at Doosan, Former VP of Marketing for Asia at Hubbell Power Systems, Former IBT General Manager for North China at Siemens
Roadmap
-
2017 Q2
Project kickoff
-
2017 Q4
Research completed
Coding started
Core team built up -
2018 Q1
UDAP FOUNDATION launched
Technical white papers released
Started coding Proof-of-Concept prototypes and demos -
2018 Q2
UDAP concept completed
Expand eco-system and community
-
2018 Q3
UDAP Minimum Viable Product(MVP) deployed and released
State Channel modules completed
Harvest Wallet (MVP) released
First app – UMedia (MVP) released -
2018 Q4
UDAP Middleware V0.4 released
Harvest Wallet & UMedia officially released
-
2019 Q2
UDAP mainnet infrastructure V0.5 built and shared
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
INVESTORS
BUSINESS PARTNERS
- Real Estate
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Public Chain
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Ticketing
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Social
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Education
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Gaming
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Health
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Supply Chain Finance
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Data center
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Technical community
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Travel
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E-commerce
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Library
