Sunday 8 July 2018

YOCOIN Creating and Placing Intelligent Contracts As Well As Decentralized Applications

Hello, my fellow bloggers, I will inform you about a decentralized platform for making smart contracts, namely with the Yoc Platform.
What is the Yoc platform?
Yoc is a fully decentralized platform. Its main function is the opportunity to create and put smart contracts and decentralized apps based on the basis.
It is difficult to overstate the benefits of these applications as they minimize the risks associated with different types of activities.
Financial management when ICO is done, service insurance, trade, logistics, partner program creation, the creation of a new platform for gambling is the most popular field of current contract and application usage.
This is an incomplete list of potential opportunities from the use of blockchain technology.
The Yoc platform allows it to involve in a simple and convenient way to use the full resources of the most modern and sophisticated technologies available today.
We often encounter situations when sharing complicated servers using traditional solution decisions. It happened for a reason. These are set up on their own servers and these are based on personalized software. It is possible that this server can be a target of third party attacks and users can significantly suffer from this.
It is possible to exclude this deficiency using blockchain technology. This technology allows customize its own node that is capable to store information on a different set of computers with other similar knots. At the same time, there is no discomfort in its use. Attacks on decentralized networks are very complicated. There is a huge amount of resources that must be spent to complete successfully, so practically bring their probability to zero.
Cryptocurrency and wallet
Cryptocurrency is one component of blockchain technology. A special wallet that enables secure deposit of currency assets developed for its use, and it is also possible to store and use products developed with the help of intelligent contracts.
Modern language
to make contracts and intelligent apps you can design and exclude your personal cryptocurrency
Solidity is a modern language that makes it possible to create and use your own digital token. There are currently many types of tokens, such as token certificates, token actions, credit tokens. This token operation is provided with our platform because it is created with the same standards. They become automatically executed by the wallet. Contracts or apps use the same standards.
During the token generation, you can put any logic from its most efficient use. You can set the token issue to make it fixed or modified by certain rules. You may grant to the owner of additional authority tokens, for example, the opportunity to choose or act as an arbitrator whose opinion will be captured in accordance with the share of ownership in the total token released. However, the use of possibilities is now limited to the imagination of digital asset creators.
New opportunities for crowdfunding
This new platform provides a new approach to crowdfunding. Through the YOC platform, you have the opportunity to exclude the trust component between you as a future supplier of goods or services and investors, where is it strange to doubt making a decision to invest its own money in realizing the idea.
You have the opportunity to create such conditions, after giving them a smart contract that will allow saving money from investors, the conditions set in him will not be satisfied.
In case your success money will surely pass to you, and in case of your failure, they will return to the investor, at the same time, the contract will not be able to be changed after the commencement of the contract in any way. . At the same time, you can avoid having a centralized arbitrator, an exchange of information or other means of credibility. In the same way, you can control the distribution of remuneration to investors who have supported your project at an early stage, and now have to accept everything that is in them.
How to create an autonomous organization democratically?
Imagine how a centralized organization works. There are people who are responsible for adopting strategic and important decisions. People who make large amounts of documents and reports, accountants involved in the calculation of material values, etc. So, everything can be misinterpreted because nobody can make a mistake right now. Their opinions can be prejudiced or represent the interests of a particular group of people, who violate the interests of other participants in the process given the business.
The YOC platform provides an opportunity to avoid it. It is possible to provide management of all these processes to an impartial robot and will perform all necessary actions in accordance with the conditions written in the smart contract. It really will not make a mistake. Allocate with the opportunity to choose to receive important questions from the organizational life of all participants according to the part of their general participation.
It will be able to accept the adoption of this truly transparent and honest decision. When all this is provided with a decentralized network, you will always provide a smooth working service.
Decentralized application development
The use of decentralized applications opens up many opportunities for our lives, new business profits, and competitive advantages. There are some very important and useful properties like cryptographic security, protection against unauthorized access and decentralization of data storage.
If this property can help you build and grow your business, then you are welcome. You can get acquainted with the many examples of decentralized apps created. There are opportunities to independently develop similar applications that are becoming more and more demanded today. It would be very easy to find someone who is interested in him.
We present our tool execution options for the command line in this section. We have been aware of various clients who work with C ++, Go, Java, Python and many others.
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