UnitedCrowd is a platform for digital financial instruments

rizka (33)in #crytocurrency • 4 years ago

UnitedCrowd, a platform for attracting investment in new projects, will help you understand this difficult problem. Here you will find ample opportunities to grow your project and attract initial investment for further development.

UnitedCrowd is an official platform registered in Germany, so you don't need to worry about wasting time using the service, and here you will get maximum security when making transactions. UnitedCrowd only works with qualified and trusted investors and will help you find the right investors, in fact, taking all the work to fund your project.

UnitedCrowd is a platform for digital financial instruments. With our Tokenization Framework, we can issue digital financial products - for corporate finance purposes for example. This framework makes it possible to model financial products based on blockchain technology and automate them through a template-based smart contract model, which is called a smart contract which is then mapped as a token. In close cooperation with regulatory authorities, all contracts are validated for compliance with country specific regulations. In order for the token to fulfill its intended purpose and bring all stakeholders together, the various processes must be dynamically interlinked and provide different examples with their own access rights.

Architecture

The 3-layer model that forms the basis of the framework separates network subtasks and rights-holder accessibility to different instances. Access is granted to all role holders on a limited basis according to the training function, both through the API and through the front end, and through direct access to regulators.

Layers and components

● Residential layer

The finishing layer includes all on-chain elements of the framework. There, the assets are automated via smart contracts and initialized as tokens. Different financial instruments each have their own requirements for tokens and are differentiated into different token classes depending on the product. The settlement layer also forms the basis for calculating prices based on statistical pricing models that take into account risk, dividend payouts, market conditions, and other elements that are unique to each token. In addition, a risk reduction mechanism is provided through hedging protocols, which are required for various models against default risk.

● Layers of confidence

The trust layer governs compliance and data validation and defines the structures and processes to ensure that legally and ethically binding rules are included. Validating compliance with legal and financial regulations is a key requirement, aiming to provide flexible response and protection for right-holders. Consistent identity protocols for the collection of the personal data of issuers, investors and companies are essential and defined by law. Securing token ownership and possible transfer, as well as adapting to new legal regulations are possible both in a centralized form by the issuer and in the form of "distributed governance" by stakeholders. Consensus protocols are the key to the allocation of rights,

● Service layer

The service layer provides the interface for off-chain communication. Data exchange is carried out through Oracle and DAPP, which ensure communication via the frontend and with a communicative function, distributing either read-only or control functions to different role holders. As a key component for providing value outside the chain, a solid "data intelligence layer" provides the interface for analysis and information. In addition to KYC / AML regulations, different off-chain data or compliance models can be provided for different assets.

Access with examples

The different requirements are mapped in the framework using different components and arranged in layers.

1. Publishing

The initiation of contracts and the issuance of related tokens are the responsibility of the issuer and administrator who is responsible for the technical implementation of the issues designated by him. Output access authorization is granted via the resolve layer both via API access and via the frontend. Regulations and problem conditions (compliance and validation) are monitored for the issuer and its administration via the frontend, as is data accumulation through the service layer.

2. Invest

The investment entity declares ownership of its contract and the associated token issuance through a frontend at the contract level. Compliance and validation rules that form the basis of contracts can be viewed through the front end, as are contract data and history through the service layer.

3. Detention

Access to the settlement layer is required to ensure custody transaction capability. Compliance with high security standards and regulatory compliance on the part of regulatory authorities can be achieved by accessing a layer of trust. Access takes place both via the API and via the frontend.

4. Exchange

External exchange providers need access to the settlement layer for transaction purposes. In order to meet market requirements for real-time transactions, access is possible via the API interface. Access to external exchanges is mandatory and, like historical data tracking, is accomplished for data and statistical accumulation purposes via the API interface.

5. Delegation

Delegation refers to the release of part and additional governance by the contracting parties to adjust compliance with the rules. The committee appointed to the delegation is democratically elected via the smart contract level, has a control function transmitted over the network and, in its function, read access to the settlement layer and access to the trust layer.

6. Regulator

Regulatory access occurs in the form of direct access to “Real World Contracts”, which are important because of regulatory approval requirements.

Issuance of tokens

Compliance with the legal framework and regulatory mechanisms is guaranteed both off-chain and on-chain.

1. Review of the publisher

Before UnitedCrowd created digital financial products, we checked publishers against questionable and evaluated fixed parameters. This includes, for example, due diligence, corporate governance and security, but also management, which, among other things, goes through standard checks and background checks on integrity and reputation risks.

2. Choice of financing type

If the requirements are met and we are confident in the sustainability of the project, the decision on the type of financing follows the second step. With the Tokenization Framework, different values can be digitized with all the rights and obligations contained therein. Depending on the requirements and objectives of the company, these variants have different suitability.

Thus the following classifications become relevant:

● Asset Token (financial asset)

Both liquid and illiquid assets can be represented as securities that are tokenized by Asset Tokens. In this way, they can be converted into digital and proportional fractional ownership (partnerships) and can be accessed by international markets. The spectrum includes everything from cash, cash equivalents, savings accounts, real estate, precious metals or art objects to intangible assets such as patents, copyrights or trademark rights.

● Token equity (stock)

Equity tokens can represent shares in a company and voting rights, as well as shares in funds.

● Debt Token (the right to claim)

The token represents a debt claim for repayment of the amount invested with or without interest. The range includes bonds, loans and bonds.

● Utility tokens (service and usage rights)

Utility tokens represent usage rights and can be used, for example, to provide access to the network as a community token or to receive goods or services offered by the token issuer.

What are the benefits of tokenization with UnitedCrowd?

Tokenization has several advantages which we will highlight below:

24/7 market
Fractional ownership
Fulfillment
Cost reduction and intermediaries
Transmisi peer-to-peer
Fast processing
Programabilitas
New financial product