The AUANetwork was first proposed by Jake Hyunduk Choi in 2013 in the paper "Bitcoin: A Peer-to-Peer Electronic Cash System," and was realized through Bitcoins core technology the following year. The AUA network is a personal financial transaction currency ledger for the public recording of information transfers, leveraging data blockchain technology - "technical development" based on HTML, HTTP, RDF, and OWL standards, which allows computers to perform predictable analysis through information sharing.