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
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  1. 7. Reason for Functioning Within the Application

Mobile Payments and Real-World Applications

YU Token provides a mobile-friendly blockchain payment environment, enabling seamless smartphone transactions and maximizing real-world usability.

1) The Growing Need for Mobile Payment Systems

  • The global adoption of mobile payments is increasing.

  • Blockchain payments need to be simple and intuitive for everyday consumers, requiring mobile-optimized solutions.

  • Simple transactions enabled via QR code scanning using smartphone cameras.

2) YU Token’s Mobile Payment Methods

  • QR Code Payments: Scanning a QR code at a store automatically activates the payment window.

  • NFC (Near Field Communication) Payments: Users can complete transactions by tapping their smartphone on POS devices.

  • P2P (Peer-to-Peer) Transactions: Users can send YU Tokens directly via mobile instant transfer functionality.

3) Real-World Use Cases

  • Public Transportation Payments: Users can pay for buses and subways with YU Token.

  • Payment for Public Facility Usage: Users can pay for access to gyms, libraries, and parking lots with YU Token.

  • Digital Content Payments: YU Token can be used for in-app purchases, gaming items, and online course fees.

4) Key Differences from Traditional Mobile Payment Systems

Feature
Traditional Mobile Payments
YU Token Mobile Payments

Transaction Speed

Requires bank or card issuer approval (takes seconds to minutes)

Instant transactions via Smart Contracts (1–2 seconds)

Transaction Fees

2–5% (credit card processing fees)

Less than 0.1% (exchange-level fees)

Security

Risk of centralized server hacks

Immutable blockchain-based transaction records

International Payments

Exchange rate fees and cross-border transaction charges

Real-time P2P transactions on the network

PreviousReal-World Use Cases of YU TokenNextPayment System and QR Code Utilization

Last updated 3 months ago