Yellow Umbrella
Blockchain Business Plan
Blockchain Business Plan블록체인 사업 계획서
Blockchain Business Plan
Blockchain Business Plan블록체인 사업 계획서
  • 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
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  • 1) Limitations of Centralized Financial Systems
  • 2) The Need for a Decentralized Economic System
  • 3) Integration with DePIN Technology
  1. 3. Rationale for Using Blockchain

The Need for Blockchain Adoption (DePIN)

PreviousCore Values and VisionNextSecurity and Transparency Provided by Blockchain

Last updated 2 months ago

1) Limitations of Centralized Financial Systems

Traditional financial and payment systems rely on centralized institutions such as banks, credit card companies, and payment gateways. While these systems provide stability and convenience, they also come with fundamental limitations:

  • High Transaction Fees: Credit card and electronic payment services typically charge transaction fees ranging from 2% to 5%. This imposes a significant financial burden on small businesses, particularly low-margin businesses, increasing operational costs.

  • Lengthy Settlement Periods: Card payments usually take several days or even weeks for settlement. Small businesses often require immediate liquidity, but centralized systems hinder fast cash flow.

  • Single Point of Failure (SPOF): Since centralized systems process all transactions in one place, issues such as server downtime, hacking incidents, or technical failures in a financial institution can disrupt the entire payment service.

Blockchain offers an alternative financial system capable of addressing these challenges.

2) The Need for a Decentralized Economic System

Blockchain is a decentralized technology that verifies and records transactions without the need for intermediaries, providing a robust solution to the shortcomings of traditional financial systems.

  • Intermediary-Free Transactions: With blockchain, transactions are executed directly between parties, eliminating the need for banks or payment processors. This significantly reduces transaction fees and minimizes costs.

  • Instant Payments and Settlements: By utilizing smart contracts, transactions are completed in real time without the need for a settlement process, providing immediate liquidity and enabling smoother business operations.

  • Global Payment Network: Blockchain resolves cross-border payment and remittance challenges. Traditional banking systems impose high fees and long processing times for international transactions, whereas blockchain enables fast and cost-effective global transactions.

3) Integration with DePIN Technology

Blockchain extends beyond financial transactions by integrating with DePIN (Decentralized Physical Infrastructure Networks) to establish a new economic ecosystem.

DePIN technology connects physical infrastructure with blockchain, enhancing trust in data sharing and asset tracking. For instance, blockchain-based location tracking systems allow for reliable data verification without relying on centralized servers.

YU Token plans to integrate with DePIN technology, expanding its functionalities beyond payments to include location-based services, digital asset verification, and real-time data sharing.