Udego: Permissionless Blockchain-based Monetary System

in #altcoins3 years ago

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Udego is an open-source and permissionless monetary system with a shared database that uses blockchain technology as its distributed ledger framework. Simply put, this novel cryptographic money framework removes the need for any intermediate trusted entity in monetary exchange.

Udego is an open-source, permissionless monetary system that relies on blockchain technology as its distributed ledger framework. Simply put, this novel cryptographic money framework removes the need for any intermediate trusted entity in cryptographic monetary exchange.

Take a look at the future, today. Udego is the first and only permissionless, open-source, blockchain-based monetary system that uses "biocryptography" as its distributed ledger framework. This novel cryptographic money framework removes the need for any middlemen in cryptographic monetary exchange and allows cross border transfer of value without geographical limitation.

Udego is the newest concept in the evolution of monetary systems and global finance. Udego is a completely open source and permissionless system that uses blockchain technology as its distributed ledger framework. This framework removes the need for any intermediate trusted entity in cryptographic exchange.

A permissionless bio-system with a shared database based on blockchain technology, to stabilize the money-exchange circuit. Udego Finance is an open-source and permissionless biological system in which everyone is welcome.

Udego Finance is a permissionless biological system with a shared and blockchain-based digital ledger. Udego is a secure monetary infrastructure that is ideally suited for use in virtually any modern economy. Having no single, central point of control, it eliminates all of the drawbacks of conventional money, such as unnatural inflation through central bank tampering, malfeasance by government officials and the insecurity caused by official currency systems' uncertainty of solvency, as they prop up failing banks, fake economic growth and pilfer their nations' wealth.

Udego is based on a novel cryptographic money framework called the Elliptic Curve Public Key Cryptography Integrated Ledger Distributed Accounting Technology Framework (ECPKI-DAF). The ECPKI-DAF is modeled after the Bitcoin/Ethereum protocol and uses blockchain technology as its distributed ledger.

Udego is an Open-Source, Permissionless, Blockchain-based Monetary System that allows participants to exchange money directly without any Fees or restriction in place.

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What is Udego? Udego is a permissionless and trustless monetary system based on blockchain technology. The Udego platform is open-source, decentralized and autonomously managed by all the participants using it. It is a peer-to-peer cryptocurrency. Anyone can take part in Udego by merely installing our program.

Udego is a unique and innovative blockchain-based monetary system based on the idea of privacy. Udego operates in an open core architecture where all transactions are distributed to the public. It allows you to keep your personal data and transaction information as private or as transparent as you wish.

Accounts and transaction information are maintained in a secure distributed manner across the network and our hashes have been proven to be cryptographically unbreakable.

A decentralized network of individual participants share database instances that are operated by the means of POW (Proof of work).

Miners who are participating in the system in a democratic manner, profit from the block generation and contribute to the system's security. Miners can also set their transaction fees. If these fees are larger than the required gas consumption fee, miners earn a reward from the system fund.

To find out more information about Udego, please visit the page below :
Website — https://udego.finance/
Whitepaper — https://udegofinance.gitbook.io/udego-finance/social-accounts
Telegram — https://t.me/UdegoFinance​
Twitter — https://twitter.com/UdegoFinance​
Facebook — https://www.facebook.com/UdegoFinance​
Reddit — https://www.reddit.com/r/UdegoFinance​
Medium — https://udegofinance.medium.com/​
YouTube — https://www.youtube.com/channel/UCfQen7asIoWe_GLDtz_hQ7

Author
Bitcointalk username :Aiko Ryzuka
Bitcointalk profile url : https://bitcointalk.org/index.php?action=profile;u=3397304
BEP-20 wallet address: 0xA24009B0041b50f38f745f3A91f8552304E42483

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