Unibright (UBT) – what is it?

Unibright is a project that has enjoyed considerable interest recently. What’s behind it? Above all, impressive performance and innovative technological solutions. Unibright’s goal is to even further adopt blockchain technology in enterprises. It is supposed to be a bridge connecting the Ethereum blockchain with companies. Do you want to know more about Unibright? Be sure to read our article to the end!

What is Unibright?

Unibright is a brand new project in the cryptocurrency scene. The main aspect of the company’s activity is the popularization of blockchain technology in enterprises from various industries. Unibright is created to give companies and other organizations the ability to implement blockchain technology without high costs and the need to have a team of qualified developers.

Instead, companies can benefit from easily running smart contracts created by Unibright. And all this without the need for any programming skills, knowledge about creating smart contracts or software. In addition to implementing blockchain technology in the enterprise, companies can also use dedicated solutions, such as invoicing, monitoring the shipping process and many others.

Users can easily customize the features available on Unibright. Thanks to this, they have the opportunity to create dedicated solutions to make the best use of the potential of blockchain technology in their company.

Blockchain technology is the future.

For many, blockchain is a technology that should be implemented in every industry. Blockchain significantly reduces costs, streamlines processes and allows for better tracking of the supply chain. However, there are several hurdles that hinder companies from adopting blockchain technology. The most important are the lacks in the specialized technical knowledge that is needed to design and implement blockchain solutions. Another problem is the small number of blockchain developers and the high cost of hiring them. For this reason, many companies ultimately choose not to facilitate blockchain technology in their daily operations. Unibright solves this problem.

Unibright – the company’s goal

The Unibright project aims to create a unified structure that simplifies all aspects of blockchain integration in enterprises. The company provides a full set of tools that are used to connect information between all systems. This increases the productivity and efficiency of the organization.

The Unibright platform was created as a simple application that companies can adapt to their own specific needs. This bridges the gap between blockchain technology and traditional business applications.

The Unibright app currently offers four main tools:

Workflow Measurement – This tool allows anyone, even people without blockchain knowledge, to visually create and track a workflow. Each user can adapt this tool to their needs.
Creating smart contracts – this is the most important element of the Unibright ecosystem. It allows users to make changes to their workflows, turning them into smart contracts.
Process monitoring – is a simple interface where users can monitor all ongoing processes. The data is aggregated from smart contracts.
Connector – ensures that other systems can access and use Unibright smart contracts. This tool allows you to integrate Unibright with other programs.

The platform is becoming more and more popular and can already boast business cooperation with really big players, such as SAP, Microsoft, Iconiqlab or Ambisafe. Unibright is also partnering with Deutsche Bahn to create a tokenized ecosystem for public transport. The company has also established a strategic partnership with NEM. SPO Consulting also works with companies such as Lufthansa, Unilever and Samsung.

Unibright Token (UBT)

Access to the Unibright platform requires UBT tokens. To unlock the platform’s features, users must deposit any number of these tokens. Users are required to purchase such an amount of tokens that will cover a minimum of 30 days of using the platform. UBT tokens can be purchased on the CoinCasso exchange – they can be used for the platform, but most of all for trading. Due to Unibright’s business partnerships, the token price goes up and UBT becomes an increasingly popular choice in the crypto community.

Using the Unibright platform, you cannot withdraw tokens once purchased. They are blocked in the smart contract and you cannot withdraw funds during the contract period. This problem does not exist when buying tokens on the CoinCasso exchange. UBT tokens can be withdrawn at any time on your own wallet. The good news for traders is that Unibright users “remove” tokens from the open market. This should lead to an increase in the UBT price as increased demand will lead to a decrease in supply.

Tokens from expired contracts are returned to Unibright. Initially, it was planned to sell these tokens on the open market in order to increase the funding of the project. However, as Unibright grew, the team decided not to sell the received tokens. Instead, Unibright’s business plan is to use these tokens to enter the nonprofit’s platform. Organizations do not get these tokens, but they are deposited with them to support charities in using blockchain technology. This means that any token deposited will be removed from the open market forever, and the supply of UBT tokens will continue to decline.

UBT Token – price

In 2018, Unibright organized an ICO that raised $ 13.54 mln. About two-thirds of the supply of UBTs for $ 0.14 was sold during the ICO. After the success of the ICO, the price of UBT rwent up to $ 0.19, however, it didn’t last long. In October 2018, the UBT price dropped to $ 0.01. In early 2020, the price of UBT began to increase. In February, the price of UBT was $ 0.2. After falling in March and April, the price of UBT increased again. In April 2020, the token’s UBT price was already $ 0.3. In May, the price of the UBT token went up to $ 0.5. After further drops, in August 2020, the UBT price broke again the $ 0.5 level.

 

A lot of work, but so much potential in the “enterprise space” #baselineprotocol #teamwork #tokenization #DeFi #ethereum $ubt $link #invoices #enterprise #software #smartcontracts pic.twitter.com/Mk2lGq97NM

— Jack l Unibright.io | (@Sjaaaakster) August 14, 2020

UBT token – is it worth it?

Unibright’s business partners. The food industry giant decided to introduce blockchain technology for the production of bottles. This will help you manage external and internal suppliers, use materials or study the environmental impact.

If you want to buy a UBT token, you can do it in a few minutes on the CoinCasso exchange. Just log in to your account and verify it. We have implemented automatic verification on CoinCasso, which takes less than 2 minutes. Thanks to this, new CoinCasso clients can use the exchange even faster. If you do not have an account on the CoinCasso exchange yet, create one here.

To buy UBT tokens, make a deposit on the EUR exchange. You can do this using instant deposit by credit or debit card. If you use a credit or debit card to deposit, the funds will appear in your account within minutes. When EUR appears on your account, exchange it for USDT. Then buy UBT with your USDT. It’s simple, right?

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