Yooba

A Decentalized, Global, Secure, Private, Blockchain Based E-Commerce System

YOOBA KEY PART

Yooba does not plan to implement its own blockchain system from scratch. Of course, doing so also has its advantages, but our resources such as manpower and material resources are limited. We chose to stand on the shoulders of giants. We chose Ethereum, which has a relatively mature technology and application in the current blockchain world (and thanks to Ethereum for their efforts and contributions to the world of blockchain). Yooba will transform it to meet its own needs and goals. Of course, we do not intend to live in the shadow of Ethereum for a long time. We do not want the development of Yooba to be limited to the development of Ethereum (after all, our goals are different). Yooba will step by step improve or even replace the core components of Ethereum, as long as it does not adapt to the development of Yooba, we will do so, of course, we will do our best to ensure Yooba’s compatibility. Yooba will gradually form its own complete technical system, in order to maximize support for its own development scene.

MULTIPLE ACCOUNT TYPES TO SUPPORT A PERFECT BUSINESS SCENARIO

Account

Basic account types, such as transfers, transactions, uploading or offline products and services, buying and selling merchandise services, setting up personal homepages, creating smart contracts, private chat, and other activities

Store

Store has more features than Account, but there are a few limitations. Store has most of Account’s features Store can contain Store and Account inside, Store itself can become a big platform Certain activities of the Store have certain privacy restrictions

Contract

Smart contracts are written in Turing complete language and run on virtual machines. It can complete a wealth of functions. Including insurance, logistics, security, virtual products and other scenarios using Contract. Privacy in Yooba’s business is also provided by smart contracts.Provide zero-knowledge proofs, ring signatures, and other privacy options for users to choose.

THE ULTIMATE CONSUMER EXPERIENCE UPGRADE

• A blockchain account can be consumed on multiple service entities
• One login, multiple use, exposure information is 0
• Covert transactions, hidden chats, zero-knowledge authentication and other encryption technologies protect the entire process
• Freedom of consumption, freedom of service

ONLY BORN FOR BUSINESS

• Perfect account system to support rich business scenarios
• Store can contain store,account, for big platform, localization store possible
• Multi-layer structure, multi-layer credible middleman to protect consumers
• Upload or release merchandise anywhere, anytime

PERFECT MOBILE EXPERIENCE AND FEATURES

• User can upload any goods and services anywhere
• Users can customize the homepage to their liking, or use a template
• Simultaneously as a commodity or service provider and consumer in one place
• Rich search features let you find any goods or services you want
• You can communicate with your provider to determine more details.

COMMUNITY DEVELOPMENT PLAN

Yooba’s growth must rely on the strong support of the community. In order to avoid the concentration of tokens, to attract attention, and to stimulate the rapid development of the project, Yooba will take 20% of the tokens for airdrops. It is expected that 100,000 to 200,000 users will have Yooba when airdrops are completed. This gave Yooba a strong initial motivation.

We will develop a very detailed development plan. It is easy for every developer who is interested and able to contribute to Yooba to participate in the development of Yooba. At the same time, these contributors will also receive a clear Yooba token in return. And the earlier, the greater the amount of these returns.

We will also continue to attract Yooba’s contributors to the Yooba team as Yooba develops.

Yooba will establish a foundation organization and will be responsible for the development, maintenance, promotion, and ecosystem development of Yooba.

TOKEN DISTRIBUTION

The symbol for Yooba token is YOO.YOO is the basic currency used for trading in Yooba. The total supply is 10 billion.

Token Issue Mechanism Considerations

• Total 10 billion, annual inflation rate 0.5% to 5% (given after its mechanism)
• Airdrop 20%. They will start at 2018.5 and all will be released before 2018.9.30. 10,000 to 20000 Tokens per person (please save, they are very valuable in the future)
• 40% is reserved for ICO.
• 5% is available to early investors.5% is used for the initial project reward to Yooba development, propaganda, testing and other community contributors.
• 18% is reserved for communities, ecological construction, and research. Such as logistics, insurance, storage and other basic services access. And business promotion, the introduction of big brands / large platforms, the creation of commonly used products / services. Push it to the public to improve the ecology. This 18% releases 1/16 every 3 months, and it is released in 4 years.
• 12% is reserved for founding teams and core developers. This 12% releases 1/16 every 3 months, and it is released in 4 years.

MULTIPLE TECHNOLOGIES SUPPORT GLOBAL BUSINESS TRANSACTIONS

Security , Privacy

• zk-SNARKS – zero-knowledge proofs, ring signatures and other flexible privacy mechanisms to access smart contracts, protecting confidentiality throughout the transaction
• A variety of encryption algorithms, used in chat, transaction, storage and others, to protect the data from leaking

DPOS

• 2~3 seconds block time, low latency, faster verification speed, higher performance
• Hundreds of thousands of transactions per second, to meet the needs of the world’s commercial transactions of a large amount of demand
• Advanced voting mechanism ensures that the blockchain is not destroyed

Close to reality and solve various real needs

• YOO token,besides its own value, it can also be used as a currency to support the circulation of various business scenarios on yooba.
• Physical goods, virtual goods, and various services can be provided and consumed on yooba

Cloud computing, artificial intelligence, storage and other service providers free access to yooba

• The user’s various merchandise, homepage, etc. are stored in a space provided by multiple service providers and users, and provide multiple backups
• Cloud computing, artificial intelligence, insurance as a basic service, applied to other commodities on yooba, store, etc.

ROADMAP

2018

Yooba core function design and implementation

• Standing above Ethereum to support DPOS. Store, account, contract three account integration
• Introduce zero-knowledge proofs, ring signatures, etc. to enhance privacy
• Join data storage solutions(IPFS) to provide services such as goods that take up more space
• Add common core smart contracts to provide services for complex account structures, insurance, virtual products, etc.

yoobajs,Mobile API library

• yoobajs,Mobile API library and other forms to expand yooba capabilities
• Supporting communities to create multiple applications and services using yooba

2019

Optimize storage, network and other protocols, optimize yooba system

• Improve the swarm, whisper. Form a set of yooba’s own storage and communication protocols
• Design various types of cooperation agreements between accounts on yooba
• Design agreement for third-party service access yooba

Testnet, Mainnet, Wallet

• Build a test network to collect problems and optimize the network
• Mainnet plan online at 2019-04-01
• Pc, mobile wallet, including online product features
• Add some virtual products to users
• Discover problems in use and make improvements

Introducing various business scenarios in yooba

• Create a concise decentralized store to guide users to recognize and use yooba
• Promote yooba to the public and introduce some heavyweight service providers
• Create a complete tutorial and documentation
• Yooba business scene decentralized management and governance

Build a complete ecology

• Introduce insurance, logistics, and other more basic service providers to build an ecosystem

TEAM

Flyye: Team Lead & Tech Lead

Michael Harrall: Sr DB Engineer

Wang Yaxiong: Sr Server Developer

Zhou Jian: Sr App Developer

Frank Meer : Marketing Manager

Roman Buzhora: Marketing Manager

Jingo Cabiles: Community Development Manager

FOR MORE INFORMATION CLICK LINK BELLOW:

• Website: https://yooba.org/
• Whitepaper: https://yooba.org/assets/YoobaWhitePaper_en.pdf
• Telegram: https://t.me/yoobaproject
• Facebook: https://www.facebook.com/YoobaProject
• Twitter: https://twitter.com/YoobaProject

Author: Foto lama

Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1957113