Creating WEB 2.5 Universe
Last updated
Last updated
Blockchain refers to a digital ledger of encrypted transaction information shared among members of a public or private network. Copies of the transaction ledger are "distributed" to network members and new transactions are authenticated through consensus of the members whenever they occur. It is characterized by being based on a peer-to-peer (P2P) network system, not relying on centralized systems, and eliminating the need for transaction intermediaries to increase transaction efficiency, transparency, and security at lower costs.
Blockchain-based transaction information is impossible to arbitrarily change, increasing transaction reliability and making information tracking easier. Based on distributed ledger technology, the same transaction ledger is open to all network participants and new information is updated in real-time simultaneously. Therefore, to arbitrarily change a single transaction information, one would have to hack numerous computers simultaneously, which is practically impossible.
Advanced Project applies WEB 2.0 technology through en-Cash in its PG system for the expansion of financial payment services, which is designed to be integrated with AUC through the blockchain platform.
In addition to the payment system, the Advanced Project also applies WEB 3.0 technology to various information, such as pension payment data, local government traffic enforcement system data, person-to-person remittances and identity authentication, and O2O services, for transparent and efficient management.
We also currently implemented Avalanche and Base chains, including the existing Ethereum chain, by introducing a bridge service utilizing LayerZero technology. In the near future, the Avalanche chain will be used as a means of remittance and payment, and the Base chain will be used as a means of staking and reward.
Therefore our goal is to connect regulated financial services with the blockchain world creating WEB 2.5 Universe of our own.