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Welups Blockchain, with ticker WELUPS, is a revolutionary platform that utilizes blockchain technology for identity verification. Its primary aim is to provide essential services for the future digital society, including social media applications, digital banking, credit services, and entertainment. WELUPS acts as the main cryptocurrency within the Welups blockchain network, serving as the native currency of the platform and its ecosystem. It is built on the WRC-20 platform, ensuring compatibility with TRC-20 and ERC-20. This cryptocurrency enables seamless transactions and applications within the Welups ecosystem and offers a reliable solution for cross-border payments for banks and payment providers.
The Welups blockchain network offers various applications and tools to disrupt existing business models and create new ones within a decentralized platform. It supports the Welups Dapps, powered tools, and services designed to innovate and enhance business processes. Additionally, Welups Blockchain Identity provides a social network of identity, digital citizenship, and the ability to identify NFT assets in the VuWo ecosystem. The Welups Wallet, the official crypto wallet of Welups blockchain, ensures a simple and secure way to store and transact WELUPS and other supported cryptocurrencies. The platform also features WELSCAN, the first blockchain browser within the Welups community, which offers comprehensive browsing and search functionalities.
Welups Blockchain is at the forefront of IDShare and new blockchain technology, leading the way in Blockchain Identity Management, NFT applications, and digital asset management. By leveraging these technologies, Welups aims to create a decentralized internet, revolutionize e-commerce, and enhance life services. With its commitment to innovation and ability to connect applications within and outside the Welups platform, Welups Blockchain positions itself as a significant element in the IDShare eKYC core. The platform has a clear roadmap, focusing on research and development, the expansion of its ecosystem, and improving processing speed. Welups strives to perfect its decentralized identity platform and build a smart city model integrating big data, blockchain, cryptocurrencies, and artificial intelligence.
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