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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) QR Code-Based Payment Method
  • 2) Advantages of QR Code Payments
  • 3) Comparison with Traditional Payment Systems
  • 4) Expansion Potential of QR Code Payments
  1. 7. Reason for Functioning Within the Application

Payment System and QR Code Utilization

YU Token improves the accessibility of blockchain payments through a QR code-based payment system. QR code payments are faster, more secure, and more cost-effective than traditional credit card and cash payment systems.

1) QR Code-Based Payment Method

  • Users launch the YU Token-compatible mobile web app and scan the QR code, which automatically activates the payment window.

  • The payment amount is auto-filled, and users simply confirm the transaction to complete the payment.

  • Transaction data is recorded on the blockchain, preventing manipulation and duplicate payments.

2) Advantages of QR Code Payments

  • No POS (Point of Sale) terminal required → Small businesses can accept payments with just a QR code, eliminating additional costs.

  • Faster transaction speed → Unlike credit card payments, no approval process is needed, and transactions are instantly processed via Smart Contracts.

  • Offline functionality → Even in areas with unstable internet connections, transactions can be processed using a pre-stored QR code.

3) Comparison with Traditional Payment Systems

Feature
Traditional POS Payments
YU Token QR Code Payments

Setup Cost

Requires a POS terminal (costing at least hundreds of dollars)

Payments can be completed with a single QR code

Operational Fees

Card issuer and payment gateway (PG) fees apply

No fees or minimal transaction costs

Ease of Use

Requires card insertion and approval

Instant payment with a QR code scan

4) Expansion Potential of QR Code Payments

QR code-based payments are a key element in the widespread adoption of YU Token and can be integrated into various services in the future.

  • Cashierless stores and vending machines → Automatic payments via QR code scans.

  • Digital content and subscription services → Seamless QR code-based recurring monthly payments.

  • Cross-border payments and remittances → Users can make direct payments and remittances internationally via QR codes.

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Last updated 3 months ago