How Udego Finance is using blockchain to create global applications
Udego Finance may result in the emergence of new financial markets and products. To create a biologically inspired monetary application system, blockchain networks are deployed. Importantly, Udego does not replace our existing financial architecture but instead it works both with and independent of existing institutions, providing a foundation for next generation business models to thrive on.
The Udego Finance system is a biologically inspired monetary application network. It utilizes the latest in artificial intelligence, machine learning, and blockchain technology to deliver maximum performance and security. The Udego system makes it easy for users to create their own personal money based on any real-world asset or currency.
Udego Finance is preparing to launch its blockchain-based application early in 2018. This will be a decentralized platform that suits the idea of blockchain as a consensus mechanism. The application will provide people with reliable and practical financial services and products, such as money transaction and monetary service market, while enjoying the benefits of decentralization.
Udego Finance is using blockchain technology to enable product developers, market professionals, banks, financial organizations and consumers to interact efficiently on a global scale. UFG, the decentralized currency will be used in online matching services between clients, who need capital and investors who have savings.
The basic idea of the technology is that it has no central control element to influence transaction speed and prices. Possible applications range from credit, personal finance, banking services and insurance products such as bonds and derivatives.
Blockchain technology is used as a base for Udego Finance applications. It has many advantages including openness, reasonable structure, and decentralization. A blockchain network structure provides us with a reasonable method to access data in various modules moreover, its decentralized structure ensures that the users are in control of their financial data. Both general and specific principles were applied to most Udego applications.
Udego Finance is created with a vision to establish a new financial world completely. In order to realize this goal, Udego team is fully committed in serving their customers to the best of their ability where they can easily access and use reliable, transparent, secure and convenient services without any dangers involved. Their idea is to develop an ecosystem of blockchain networks that allow users trade cryptocurrencies and many more.
Finance has grown in importance and scale during the past few centuries and has become the single driving force behind modern economies. Udego Finance is here to cut through all the complexity of financial infrastructure and create a market place that can sustain all derivatives of conventional markets such as real estate, equity, and commodities.
Udego Finance is a privately owned, UK-based blockchain technology start-up with an innovative idea and the capability to build apps that work in harmony with the societies of most countries. We feel that it is important to build solutions to address the real need of people, community and businesses in the world today.
The company focuses on developing a full ecosystem of products by integrating with blockchain technology and smart contracts. The vision is to develop a more financially inclusive society by enhancing economic growth of all community members, preventing financial crimes and enabling people to have access to credit facilities.
Udego Finance is using the ETH blockchain and python to create a decentralized finance system, which will allow users around the world to create smart contract agreements on ETH.
Ufingo Finance is a creator of FinTech service, aiming to solve the problems in traditional financial markets and products. Udego Finance is a new era of financial services in the digital era with Blockchain technology and provides various products such as payment platform, trade loan, blockchain loan and FinTech finance product (token financing) etc.
Finance is an industry that relies heavily on intermediaries and could benefit greatly from new solutions. The Udego platform aims to democratise finance by making it accessible to all individuals. If a user wishes to personalise their experience or unlock new features, they can lend UDO tokens to developers in exchange for their personal data and use of the functions they develop.
Information About Udego
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 : Lauria Lambolia
Bitcointalk profile url : https://bitcointalk.org/index.php?action=profile;u=3397945
BEP-20 wallet address: 0x028fB5774042593daF0A3ce501C2CBc939a4bdC5
