United World Blockchain Organization
  • Introduction
  • Mission of UWBO
  • DAO Governance
  • Memberhsip tokens
  • Technical side
  • Application process
  • Platform features
  • Voting Consensus
  • Legal Compliance
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Technical side

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Last updated 10 months ago

1. KYC verification of an organization or association

Smart contract stores information about organizations such as name, wallet address, and country. Depending on the type, it also records whether the company is an organization or an association.

2. Proposal creation process

Any organization (that has passed KYC) first sends a request to create a proposal and burns INT tokens.

The administrator then creates a proposal. It is checked that the organization has passed KYC, and whether enough tokens have been burned. After all checks, INT tokens are burned and a proposal is created.

3. Voting

Associations that have also passed CUS can vote for proposals. To vote it is necessary to have 1 UWB token. These tokens are not burned when voting.

  1. Ending a proposal

When the voting time has expired, the admin finalizes the proposal. In each country, the votes of all associations are counted, and then all countries are counted to determine which vote won in the end.