Introduce
Hello friends! In the waves of industrial revolution 4.0, Blockchain is considered a “key” technology for digital transformation and building future information technology platforms. So in this article I will introduce about Blockchain technology, its application and a project I’m interested in, the project of applying Blockchain technology in the field of cryptocurrency, it is called YUSRA.
What is blockchain technology?
With the ability to share transparent data information in real time, save storage space and high security, blockchain technology (block chain) is one of the breakthrough technology trends, capable of application. widely in many industries and in many different fields.
Blockchain is a newly mentioned technology recently. If voted for the most prominent new technology in the past few years, then certainly blockchain and applications in virtual currencies, such as Bitcoin will be named.
So what is blockchain and how can it be applied to each field from government block, banking organization — finance — credit to businesses, production units, retailers …?
According to experts, blockchain is a technology that stores and transmits information by blocks that are linked together and expand over time. Each block contains information about the time of initialization and is associated with the previous block.
Blockchain is designed to resist data change. Information in the blockchain cannot be changed and only added with the consent of all nodes in the system. Even if part of the blockchain system falls, other computers and nodes will continue to work to protect information.
In particular, #blockchain has the ability to transmit data without requiring intermediaries to confirm information. The blockchain system consists of many independent nodes capable of validating information.
With these characteristics, experts say that this technology opens up a potential application trend for many fields such as banking and finance, retail, freight, manufacturing, and telecommunications. However, the biggest applicable trend in the world today will be finance, banking, internal audit and cryptocurrencies.
In the field of freight, with this technology, an importer can share information for multiple units in the same network being built. For example, when goods are shipped from US customs to Chinese customs, when goods arrive, all members of the blockchain network can track the status of goods and know the specific arrival time.
In the retail or agriculture sector, blockchain will effectively serve traceability to know where products and goods are imported and manufactured from.
For example, a car from the factory to the dealer system when sold to customers may generate more transactions and exchanges later. If the application of block chain technology is completely traceable to vehicle origin, history of specific sales transactions, as well as warranty information, repairs …
Currently, large enterprises in the world such as Microsoft and upcoming Oracle will introduce and participate in the race to bring these blockchain technologies. This breakthrough technology solution can be applied optimally to industries such as finance, transport and many other fields.
Blockchain can apply many fields in life. One of the typical applications of Blockchain is Bitcoin. Although many people are misunderstanding when considering Blockchain as Bitcoin, in fact, Bitcoin is only the first application running on Blockchain system.
In the financial field, with blockchain, participants only need to build a ledger network to share all transaction information, when one member updates the information, all other members are allowed to see, read…
Blockchain technology has been applied since 2015. Technologists predict that in the coming years, this technology will be applied more.
Introducing the Waves platform
One of the prominent applications of Blockchain is in the cryptocurrency with leading coin Bitcoin. After Bitcoin, many cryptocurrencies were created using Blockchain technology, one of which is the Waves platform.
Waves is a decentralized, open-source Blockchain platform that allows people to distribute cryptocurrencies and build their own applications. The Yusra cryptocurrency project is also based on Wave’s foundation to create their own cryptocurrency with unique features, which I will discuss about Yusra in the next section.
Waves has the following characteristics:
• Easy to use: Waves is available as a Chrome browser application or a client html application, besides Waves also provides an interface for users to easily access.
• An ideal platform for raising capital: Waves platform features a collection of tools designed to help users create, distribute and exchange their tokens quickly and easily. Anyone can support a project they like by investing in its tokens.
• Ability to transfer fiat money: Waves can simplify the process of transferring money between WAVES tokens, fiat currencies and other cryptocurrencies such as Bitcoin.
• Decentralized ecosystem including: Blockchain, WAVES, WavesDEX decentralized exchange, wallet Waves
Why did Yusra choose the Waves platform to develop their project?
One of the best improvements of Bitcoin is its underlying technology: Blockchain technology. Cryptocurrencies like Bitcoin are an application based on Blockchain technology, but it has many other use cases for this new technology. Similarly, Wave’s foundation is focused on creating an infrastructure that makes it easy for Yusra-like developers to create all kinds of Blockchain-based applications. Waves is a Framework software made up of many different tools to help developers build applications. That’s why Yusra chose the Waves platform to develop the #YUSRAGLOBAL ecosystem.
Introducing the Yusra cryptocurrency
Any cryptocurrency project comes from the idea, from that idea, the project team will build a roadmap to develop the project. Yusra Global Cryptocurrency is a unique combination of many ideas, technology solutions, technology development in the field of blockchain technology, bringing together a team of skilled experts in many different fields. All of these elements have been combined and combined to create a new generation of #CRYPTOYUSRA cryptocurrencies. Yusra with outstanding advantages: ease of use, speed, especially you can use anytime, anywhere, in your life, not only in a global ecosystem. This is especially closely related to the global market. Yusra will build their ecosystem globally, and yusra will spread their ideals, giving Yusra customers the feeling that no project has.
Up to now, there are many cryptocurrency projects created with many functions and applications in many different fields. As I said above, technology is at the core of every project. All cryptocurrency projects are developed based on Blockchain technology. Yusra too, the Yusra project team has applied Blockchain technology to create the Yusra cryptocurrency on the basis of the Waves platform, which is a unique blockchain platform. You need to know that Yusra also develops and owns its own technology. The Yusra ecosystem will be built on the basis of the #BLOCKCHAINYUSRA core technology, developed as a Waves token and combined with the special Yusra Pos technology.
Many ICO and IEO projects currently require capital and fail because the projects are insignificant or insufficient to complement existing platforms. If technology is the core element of a project, the idea is the key to the success or failure of each project. There have been many cryptocurrency projects that have not been able to develop and those projects have to be stopped in progress, but for Yusra they have unique and unique ideas that no other project has. Yusra covers a wide range of product chains, including a voting platform for project management technology. projects of VOTE participants, markets, simple and effective decentralized payment system MARKETPALCE, … that many competitors do not have. Yusra is the perfect piece for the cryptocurrency sector.
The ancients said “to speak must go along with practice”. Yusra has built the YUSRA GLOBAL ecosystem which includes a number of special products. I’ll show you.
Vote Yusra
Due to complex issues in security and electoral fraud, few countries have turned to electronic voting machines (EVMs).
It is hard to deny that EVM makes voting more accessible and, therefore, promotes people’s election participation. However, most countries have commented that the risks are greater than the positives. Blockchain can provide a solution to this problem. The immutability of blockchain means that issues like dual voting, changing votes and removing votes will be “deleted” overnight. Blockchain will also eliminate the need for tallying and produce results almost immediately after the poll ends. As part of the Yusra project, is a decentralized voting system. The product is designed to serve network operations on the platform, optimize operations, control and censorship; At the same time, they come up with many ideas to create and promote the development of the project. It can be said that Yusra’s vote is the main factor helping the Yusra Global ecosystem to develop and stabilize.
The second product is Yusra Market
Yusra market is also a decentralized market, but the special thing is that it is a completely free market, operating in the style of an online market. You can register to buy / sell different goods (including goods, services, equipment, houses, real estate, etc.), while others can buy / sell your goods. If Yusra’s voice is a key element of the global Yusra ecosystem, the Yusra market is an important element of this project. Why ?? This is very simple, because the Yusra market creates liquidity for #YUSRA cryptocurrencies, users can exchange and profit for them, the benefits they desire. For a project to exist, it must have products and especially strong liquidity.
The third product I would like to mention is the Yusra Port portfolio
The third product in the global Yusra ecosystem. Yusra’s portfolio is similar to a portal that allows users to manage their asset classes using hundreds of different cryptocurrencies and users can quickly exchange / buy and sell different types of cryptocurrencies. This cryptocurrency.
About the YUSRA crytocurrency
Name of crytocurrency: YUSRA
Token: YUSRA
Total possible emissions: 40,000,000 YUSRA
YUSRA is based on Waves platform
For information about the project, please visit:
1. Website: https://yusra.global
2. Web-wallet: http://app.yusra.global
3. Twitter: https://twitter.com/YusraGlobal
4. Instagram: https://www.instagram.com/yusra.global
5. VK: https://vk.com/yusra.global.blockchain
6. Telegram: https://t.me/YUSRAGLOBAL
7. Medium: https://medium.com/@YusraGlobal
Conclusion: This article I have introduced to you about Blockchain technology and YUSRA cryptocurrency project has applied this technology to turn their unique ideas into reality. Do your research on this promising project, I think it will be successful and go far in the future.
Author: yenyen143
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=2370719