UTN – digital asset for apps and contracts. It’s the fastest and most scalable digital asset, enabling real-time contracts and apps anywhere in the world. UTN allows enormous potential for scalability performing more than 10’000 transactions per second that is thousands times more transactions than Bitcoin. If we’re talking speed, Universa digital asset is 60 times faster than Ethereum not to mention Bitcoin which allows extensive use

  • Details
  • About Universa

    Universa Platform is a new generation of blockchain technology. It uses a contract execution machine and distributed state ledger designed to improve on Bitcoin and Ethereum technologies by delivering improvements that are imperative for business adoption, with an emphasis on tokenization and contractual agreements. Where traditional blockchains transact primarily in currencies, Universa is designed to support token representation of everything from passports to boarding passes, bus tickets or taxi fares; they can be gift cards, vouchers, or gym membership cards. You might make a token representing your title deed, or just the keys to the house. While traditional blockchains record a full trustless ledger of all actions, transactions and their effects on a network (“fat protocol, tiny logic”), Universa improves speed and usability by maintaining an directed graph of the verifiable hashes of the output of all actions (“tiny protocol, fat logic”). In other words, instead of stacking blocks to make a single full ledger, each set of changes to a contract is applied by the clients in a separate contract chain (“C-Chains”) to the previous state, and the outcome is vectorized and hashed – only a signed signature of the state of each side-chain gets updated as the new status of the blockchain, discarding the old state and storing the new one. Still, each chain keeps it's own history, and any node with a copy of the transactions can attempt to replay them and verify that the outcome is the same, which ensures validity and fairness in a trusted environment. In a business-critical derivation from traditional blockchain technology, Universa does not rely on untrusted actors from the general public. Nodes in the Universa system are owned and operated by our partners; they must be licensed and authorized by Universa Corporation. They are trusted, trained, and audited; they provide guarantees of availability, speed, and security. Rather than mining for incentive – a wasteful activity which needlessly consumes gigawatts of power across the globe every hour yielding nothing – instead all nodes are rewarded via transaction fees for their participation in the validation and execution of contracts. The only “work” being done on the machines in the Universa cloud is mission-critical data handling and contract execution, and does not require expensive GPU hardware. Sensitive business data is not stored flippantly and unwittingly in unknown reaches of the globe, it is encrypted and regulated by strict organizational security practices (ISO 27001, 27002) making it finally possible for enterprises to trust a blockchain with sensitive or private business processes.
  • Rates and Bonuses
  • Token info

    Token UTN
    Platform Ethereum
    Type ERC20
    Price in ICO 0.0100 USD

    BONUS

    Pre-sale 20%

    Investment info

    Min. investment 10 USD
    Accepting ETH
    Distributed in ICO 66%
    Hard cap 99,000,000 USD
    Raised $28,800,000

Team

  • Name
  • Position
  • Links
  • Alexander Borodich
  • CEO, Visioner, Business angel, Entrepreneur
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  • Sergey Chernov
  • CTO, Lithuania
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  • Alex Dovnar
  • Art-director, Russia
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  • Julia Nezhinskaya
  • PM
  • Oleg Kravchenko
  • SysAdm
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  • Alexander Myodov
  • Lead Developer
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  • Vadim Kovrigin
  • Lead Developer
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  • Mark Trubnikov
  • Lead Developer
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  • Roman Uskov
  • Lead Developer
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  • Polia Akulenko
  • Event manager
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  • Andy Zhuravlev
  • Lead Developer
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  • Leonid Rabinovich
  • PM
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  • Svetlana Ivina
  • Crypto-mathematician
  • Ekaterina Phillipova
  • PA
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  • Vadim Sorokin
  • Frontend dev
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  • Kons Tsabolov
  • Lead Developer
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  • Julia Tsabolova
  • Head of Translation
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  • Alexander Nikolaev
  • Developer
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  • Mikhail Dremidov
  • PR Manager
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  • Nikolay Fedorovskikh
  • BizDev
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  • John McAfee
  • Advisor
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  • Yale Reisoleil
  • Advisor
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  • Dmitry Finkelstein
  • Advisor
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  • Samson Lee
  • Advisor
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  • David Drake
  • Chairman of LDJ Capital
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Trade Token on Bitcratic
$28,800,000
Token UTN
Price 0.0100 USD
Platform Ethereum
AcceptingETH
Minimum investment10 USD
Hard cap99,000,000 USD
CountryRussia
Category Business services , software