YeeCo (YEE) is dedicated to becoming a decentralized high-performance infrastructure for the Internet of Everything, connecting all things in a high-speed and massive interconnection scenario represented by 5G technology. By integrating with the real economy, it forms an intelligent internet, combining blockchain with AI, IoT, and 5G technology, promising to advance areas such as smart healthcare, smart transportation, smart cities, digital societies, and asset tokenization. Technically, it is based on a novel sharding + layering high-performance architecture, employing a full-sharding PoW innovative solution, and leveraging its proprietary CRFG finality technology to address security and efficiency issues in cross-shard and cross-chain transactions.

Positioning

The goal of YeeCo is to become the decentralized high-performance infrastructure for the Internet of Everything, serving as a value transfer medium in high-speed and massive interconnection scenarios represented by 5G. YeeCo is built on a novel sharding + layering high-performance architecture: adopting a full-sharding PoW innovative solution, while utilizing its proprietary CRFG finality technology to solve security and efficiency problems in cross-shard and cross-chain transactions.

Core Features

1. High Performance: Base performance of 50,000 TPS (on current mainstream machine configurations), with on-demand scalability that can achieve hundreds of thousands of TPS through flexible addition of shards;
2. Decentralization: Achieving high performance while allowing permissionless participation of verification nodes, keeping the threshold for node participation at a low level to make the YeeCo network more decentralized;
3. High Flexibility: Using CRFG finality technology to enable Layer1 interoperability with various Layer2 solutions, making business construction more flexible;
4. High Security: Inheriting the high attack cost and non-exposure characteristics of PoW consensus, CRFG finality technology further prevents forks and resists long-range attacks;
5. High Intelligence: Implementing next-generation smart contracts to meet the application needs of new fields such as IoT, AI, smart cities, smart transportation, smart healthcare, smart agriculture, and open finance.

Application Scenarios

Asset Securitization + Global Settlement Network
ABS, or Asset-backed Securities, refers to the securitization of assets. In simple terms, it involves selling illiquid assets with predictable income through securities issuance in capital markets to raise financing and maximize liquidity. As an independent underlying data storage and verification technology, blockchain has characteristics such as decentralized trust, tamper-proofing, and traceable transactions, enabling all parties involved in a transaction to maintain a unified ledger of transaction data and verify the ledgers content in real-time. Information and funds between institutions are kept synchronized in real-time through distributed ledgers and consensus mechanisms, effectively solving the time-consuming reconciliation and settlement issues between institutions. Moreover, blockchain can manage the entire lifecycle of underlying assets, including loan issuance, repayment, defaults, and transactions, achieving real-time monitoring and precise forecasting of cash flows.

Digital Asset Trading Platform Architecture
For global digital asset trading and clearing scenarios, YeeCo will provide a flexibly scalable decentralized digital asset trading smart contract platform. Its core is a decentralized trading system deployed on a base root chain, allowing users to enjoy nearly centralized exchange-like trading experiences while ensuring digital asset safety. According to the previous sections, YeeCos full-sharding design achieves tens of thousands of TPS under the PoW consensus mechanism, fully meeting the performance requirements of decentralized exchanges.

Cross-border Remittances
In real life, there are groups such as immigrants and overseas workers who need frequent international remittances. However, commercial remittance rates are often high, the process lengthy, and its complicated for families to collect money. Through YeeCo, a basic public chain for cross-border remittances and transfers can be constructed. Users can transfer funds between immigrants and their families at low cost and quickly using YeeCo. After receiving the transferred tokens, family members of immigrants can initiate requests within the YeeCo system to find individuals or service providers to exchange them into local currency. Once the request is initiated, interested parties can bid for the order. Upon successful bidding, the exchange rate is locked, and both parties submit an equivalent amount of system tokens as collateral, forming a smart contract. When the requester receives the local currency, upon mutual confirmation of the transaction completion, the bidder recovers their pledged system tokens and obtains the requesters tokens. Based on the completion time and requesters evaluation, the bidder receives an immutable rating, which accumulates over time and quality of service, eventually ranking service providers for currency exchange within the YeeCo ecosystem. To promote balanced transactions, some orders come with platform token rewards upon completion, while others require paying a certain amount of platform tokens to bid.

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