¥ 0.001993
Just now
(-4.29%)
UBIX.Network is an open ecosystem designed to integrate decentralized applications into a cohesive whole. To solve the integration problem, the following solutions were used:
1. The original decentralized protocol UBIX ((DAG), consisting of blockchains of various types) has been developed and is used to exchange sensitive data (master data) between applications.
2. The Ubikiri super application interface built on microservices is used to exchange data between applications through the internal API.
3. A legal solution that allows users to legally determine the legal relationship arising between users and node holders. The legal framework is based on the original UBIX license designed for decentralized applications.
For the development of applications, the UBIX launchpad platform is used, which is integrated into the UBIKIRI interface. A special approach called fair-ICO (fICO) is used to finance internal projects. The first internal fICO project was the internal UBIX.Exchange.
For the exchange of values within the platform, the native UBX cryptocurrency has been released. To regulate the money supply, monetary approaches are used with the use of public reserve and emission funds. In addition to UBX, tokens issued by various projects are used. For economic integration with external ecosystems (primarily with Ethereum), Crypto depository receipts are widely used both for UBX and for tokens issued on the platform.
Prior to their token swap - UBIX was named Silent Notary (SNTR).
Try our free UBIX Network (UBX) portfolio tracker if you want to efficiently keep track of your UBX and other coin/token investments.