Price Graph (7d)
Unibright UBT Price 0.06697739
What is Unibright (UBT)?
Unibright (UBT) is a cross-blockchain and cross-system integration of business processes that was launched in 2016, and is a member of SPO Consulting GmbH, founded in 1989.
The Unibright cloud integration platform is supported by a team of blockchain experts, as well as architects, developers and consultants with more than 20 years of experience in business processes and integration.
Unibright offers a unified framework to bring blockchain technology and contracts to mainstream users. Unibright offers enterprise-grade blockchain solutions, integration platforms, and an ecosystem focused on tokenized assets.
Unibright also plays an important role in the development of the Underlying Protocol. This protocol is designed to connect traditional systems to each other and notarize states on a public network such as Ethereum.
The Baseline Protocol is an open source initiative. Acting as a middleware, it combines advances in cryptography and messaging with blockchain to provide secure and private business processes at a low cost.
The underlying protocol can automate B2B agreements without the need to create new disparate blockchains and flexibly integrate new relationships with existing ones without losing system integrity. In addition, the Baseline Protocol can provide consistency between records of different parties without the need to migrate data from legacy systems. It can also provide a multi-faceted workflow.
Who are the founders of Unibright?
The co-founders of Unibright are Martin Jung and Stefan Schmidt, who have more than 20 years of experience in software development, process integration, and technology consulting.
Martin Jung is the co-founder and CEO of Unibright. Prior to UBT, he was a member of INATBA, and was a major contributor to the integration of the Ethereum core network for the EMINENT Enterprise working group.
Stefan Schmidt is the co-founder and CTO of Unibright. He was also a member of the technical steering committee Baseline-protocol.org and head of the integration team at the Enterprise Ethereum Alliance.
What makes Unibright unique?
The Unibright Framework is a low-code business modeling and integration platform. It was created with the goal of helping businesses take advantage of blockchain technology.
Unibright also implements DeFi and tokenization in its Unibright Freequity solution. With this service, the project offers token identification, token issuance, custodian services, exchange and liquidity, integration, derivatives, and portfolios.
The Unibright UBT token is a service token that is used in all of the above products. Possible uses for UBT include creating and connecting smart contracts, tokenization, and workshops.
Thanks to a programming-free approach, smart contracts can be generated, deployed, and even fully automatically updated across various blockchains. As a result, Unibright works with visual use case templates and can automatically integrate existing IT systems into the blockchain.
How many Unibright tokens (UBT) are in circulation?
Currently, the circulating supply of Unibright (UBT) is 149,999,999 UBT tokens, and the maximum supply is 150,000,000 UBT. When the market capitalization of the UBT token is 10,046,607 USD and the daily trading volume is 27,736 USD, the price of the UBT token is 0.06697739 USD.
How is the Unibright network protected?
As mentioned earlier, Unibright plays an important role in developing a basic protocol that provides additional privacy. It also ensures confidential and comprehensive collaboration between businesses without disclosing sensitive data in the chain.
A secure messaging service is also available, as well as a zero-knowledge service that can generate proof of execution and consistency of private logic. Thus, Unibright offers a unified structure that ensures the widespread use of blockchain technology and smart contracts.
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