Yellow Umbrella
Blockchain Business Plan
Blockchain Business Plan
  • 1. Introduction
    • Token Overview
    • Goals and Objectives of YU Token
  • 2. Background and Overview
    • The Need for YU Token
    • Use Cases of YU Token
    • Core Values and Vision
  • 3. Rationale for Using Blockchain
    • The Need for Blockchain Adoption (DePIN)
    • Security and Transparency Provided by Blockchain
  • 4. Why solana?
    • Solana’s Technological Advantages
    • Fast Transaction Speed and Low Cost
    • Scalability and Developer-Friendliness
  • 5. Tokenomics
    • YU Token Supply and Distribution Plan
    • YU Token Distribution Model and Burn Mechanism
    • Economic Incentive Model
  • 6. DePIN Technology and Applications
    • Definition of DePIN
    • Integration of DePIN in the Token Ecosystem
    • Integration with Real-World Services and Synergy Effects
  • 7. Reason for Functioning Within the Application
    • Real-World Use Cases of YU Token
    • Mobile Payments and Real-World Applications
    • Payment System and QR Code Utilization
  • 8. Roadmap
    • Project Roadmap and Development Phases
    • Short-Term and Long-Term Goals
    • Community Growth Strategy
  • 9. Legal Disclaimer and Risk Management
    • Legal Compliance and Regulatory Response Strategy
Powered by GitBook
On this page
  • 1. Limitations of Traditional Payment Systems
  • 2. Blockchain-Based Alternative Payment Solution
  1. 2. Background and Overview

The Need for YU Token

1. Limitations of Traditional Payment Systems

Currently, most small businesses rely on credit card and mobile payment systems. However, these payment methods come with high transaction fees and lengthy settlement periods, increasing the operational burden on small business owners. For businesses with low profit margins, card transaction fees represent a significant financial burden, which can negatively impact long-term business operations.

Additionally, traditional financial systems operate under a centralized structure, which inherently slows down the resolution of payment-related issues. For example, payment errors, refund, and cancellation processes can be complex, and approval procedures required by financial institutions often make fast transaction processing challenging.

2. Blockchain-Based Alternative Payment Solution

YU Token aims to resolve these issues by providing a blockchain-based payment system. By minimizing intermediaries, it reduces transaction fees and establishes a fast and secure payment environment.

Unlike traditional financial systems, YU Token operates on a decentralized network, allowing transactions to be processed in real-time. Furthermore, all records are securely stored on the blockchain, ensuring transparency and trust.

By adopting YU Token as a payment method, small businesses can reduce the burden of card transaction fees while offering a faster and safer payment experience. Additionally, customers can benefit from an incentive system that offers additional advantages during transactions.

PreviousGoals and Objectives of YU TokenNextUse Cases of YU Token

Last updated 3 months ago