Ubiq

Ubiq UBQ

Semi-centralized org. structure
  • Digital currency
  • Smart contracts
  • Build dapps
  • Platform
  • Token issuance
133 Rank
$4.12 Price
-5.42% % 24h
-1.43% % 1h
$161,634,358 Mkt. Cap
$1,928,910 Vol. 24h
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Ubiq project purpose and description

Ubiq purpose and aspects

Conditional Trustless transactions, Replace traditonal contracts between parties, Build Decentralized applications, Trustless transactions between parties, Freedom of payments, Counterfeiting impossible, Fraud resistant, No single point of failure, No % based transfer costs, token issuance

Ubiq additional differentiation against competition

Built upon an improved Ethereum codebase

Short description

Ubiq is a decentralized platform which allows the creation and implementation of smart contracts and decentralized applications. Built upon an improved Ethereum codebase, the Ubiq blockchain acts as a large globally distributed ledger and supercomputer, allowing developers to create decentralized and automated solutions to thousands of tasks which today are carried out by third party intermediaries.

Abstract

The Ubiq network provides a stable blockchain to host an Ethereum Virtual Machine. With several more hard forks planned for ETH’s future, businesses wanting to implement applications on an Ethereum Virtual Machine would be subject to frequent updates and the the risk of instability associated with blockchain hard forks. The Ubiq development team’s commitment and focus on providing a stable and reliable platform, allows customers in finance and enterprise the ability to build today, without worrying about an uncertain tomorrow.

Link to Roadmap: N/A
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