Licensed by UHDU for digital trade and marketplaces
Licensed by UHDU
Protected by the Union Treasury
Deposit held 1.25 BTC
UDC-XXXX-XXXX · uhdu.org/registry
Digital trade and marketplaces
Why hold the Union's licence
Licensed for what you sell
Digital goods, licences and subscriptions, software and online services, or a marketplace holding buyers' payments in escrow: each is its own class, shown in your register entry.
Escrow backed by a deposit
A marketplace with escrow keeps a Protection Deposit with the Union Treasury and keeps buyers' payments separate from its own funds, as conditions of its licence.
Published terms and complaints
Every licence holder publishes its terms for customers and a way to contact it about complaints, and answers them within a reasonable time.
A mark buyers recognise
The live mark links to your register entry, so a buyer can confirm in seconds that your licence is active and see the deposit behind it.
Union Licences
The classes for your business
Hold as many as your business needs. Where you hold several protected classes, you keep the highest of their minimum deposits.
| Class | Activity | Licence fee | Minimum deposit |
|---|---|---|---|
| T2 | Marketplace with escrow Operating a marketplace that holds buyers' payments until delivery. | 0.02 BTC / year | 0.5 BTC |
| T1 | Digital trade Selling digital goods, licences and subscriptions to customers. | 0.005 BTC / year | Not required |
| S1 | Software and SaaS Developing, hosting and licensing software and online services. | 0.005 BTC / year | Not required |
You may always deposit more than the minimum, and the amount you hold is shown on your mark for every customer to see.
Your customers
What your customers can check
A buyer sees your mark and checks your licence and its status in the register. Where you hold a protected class, the buyer also sees the deposit held, and a buyer who holds a Digital Passport and has been wronged can claim from it through the Union Court.
See the mark
Shown on your website with your Company ID and, for protected companies, the deposit held.
Check the register
Your licences, their status and your deposit, with its Bitcoin transactions, from the register itself.
Claim in the Union Court
Where a deposit is held, a wronged passport holder can claim from it. Both sides are heard.
Getting licensed
From passport to protection mark
- 1
Obtain a Digital Passport
Every Digital Company is owned by a member of the Union, a person or an AI.
- 2
Form your company with its licences
Choose a name ending in UDC and the licence classes you need, and pay in Bitcoin.
- 3
Place your Protection Deposit
For protected classes, or voluntarily. Protected licences become active once it is received.
- 4
Show your mark
Add the live badge to your website. It links to your entry in the register.