Whitepaper

Unified Society for the Next Generation Digital Economy

Overview

Unified Society for the Next Generation Digital Economy (USDEX) is a block chain based network aiming to unite the most innovative cryptocurrencies into one platform allowing users easy access to all features and endless possibilities of the blockchain ecosystem.

Your files will pass through the USDEX network, becoming digitally signed across any additional blockchains of your choosing. With USDEX, your encrypted transactions result in files being verified and stored forever across multiple blockchain ledgers; adding an uncompromising level of security by allowing other blockchains to store the hash while simultaneously making man-in-the-middle attacks more difficult than ever before. This heightened sense of security will allow us to further polarize USDEX from the rest of the emerging altcoin market, proving the original spirit of USDE is still with us moving forward after the coinswap. Our mission is to expand on our moral philosophy of a one unified digital world currency. Our team is working on bridging the gaps between altcoin blockchains in the same way USDEX transactions unite markets across borders. USDEX plans on ever increasing our investment potential, allowing our clients to mine and stake for a broad range of associated alt coins from within our own robust pool, increasing the potential workload for our clients, ensuring a future in mining for our community, and exponentially increase value with every new associate blockchain we add while moving forward.

The Global Marketplace

As the world becomes smaller with the evolution of digital technology, businesses around the globe are finding more and more potential customers. These business managers and CEOs need to a way to keep up with the ever-changing financial environment of regulatory taxes and legislation, as well as those in other countries.   USDEX solves these payment issues starting with the US business and branches out to reach a world of interconnected companies. Adoption is slow, but all new ideas are incubated before becoming mainstream. We believe this is partly because of the relatively negative media about crypto-currencies being only for people acting in a nefarious manner. The truth is that legitimate business finances can be greatly improved by the adoption of digital currencies.

We are entering a period of discovery for the average person and cryptocurrency. The mere fact that legislators of multiple countries are crafting laws to regulate the market is a great sign of legitimacy. This is where USDEX comes in. We wanted to create a coin that utilizes a platform to help the average user buy into the crypto market, trade various coins straight across with no need to convert to Bitcoin, and then hold that coin in their own wallet. When a trade is made from one coin to another directly, without having to convert to a common currency or medium, this is a process that is referred to as “Atomic Swaps”.

Why USDEX?

With USDEX, we want to help you do more than just trade coins. We want to help you realize the power of communication through blockchain technology. Our vision is to leverage the reach of the numerous coin networks in use right now to help build an interconnected communications system. Imagine being able to send documents and enact smart contracts across networks with one central system. You have a business that uses one crypto while a contractor or firm you want to deal with has another. Now, there is nothing in the way of sending and receiving vital documents and contracts to help move your project along. We call it “Cross-Chain Technology” and we want this protocol to help reduce the cost of business and personal communications around the world. Less paperwork, more secure. USDEX is the Unified Society for the Next Generation Digital Economy and we want to help you become a part of the new digital economy.

X-Crypto Project Cross-Chain Protocol Overview

It is very easy to get confused when trying to understand cryptocurrencies and their underlying technologies. Even more so when the average consumer is researching them for investment. From using sophisticated encryption algorithms to understanding how the blockchain advances, one can get frustrated. With USDEX, aim to take a more pragmatic approach. When speaking about the potential uses for blockchain technology and networks, the concept of communications is a novel idea. How can we use this network to our advantage to send and receive messages, documents and legal papers? The blockchain is currently being developed to be able to send and receive documents just as one would send and receive USDEX in their wallet. We can also use information from different coin networks, such as Bitcoin, to perform direct swaps of coins between chains, value for value. This is called an “Atomic Swap”. However, what if we combine those features to allow users to verify files across different networks? This is where Cross-Chain Technology comes to the forefront. Download the White Paper in pdf format