UBIX NetworkPrice

(UBX)

UBIX Network is a hybrid Layer 0 platform that combines directed acyclic graph technology with traditional blockchain architecture. This design allows for the integration of diverse blockchains, both public and private, into a single decentralized peer to peer network. The primary goal of the project is to provide a scalable and interoperable infrastructure where different blockchains can coexist in a shared address space without the need for external gateways or bridges. The technical foundation of UBIX Network is an original protocol developed from scratch using Node.js and JavaScript for its smart contracts. Its architecture is based on a directed acyclic graph where blocks can be added asynchronously, which helps the network avoid the typical bottlenecks found in linear blockchains. The network utilizes a system of consortiums, or groups of nodes, that process transactions specifically labeled for them. This approach enables horizontal scalability as the load on the network can be distributed across multiple parallel branches. A central part of the UBIX ecosystem is the Ubikiri super app. This application acts as a unified interface similar to a microservice architecture, allowing users to access various decentralized services within one platform. These services include a wallet, an internal exchange, a staking platform, and a launchpad for new projects. The ecosystem also features several specialized applications such as SilentNotary, which provides blockchain based notary services, and SignItNow, a tool for digital contract signing. One of the unique features of UBIX Network is its focus on the legal aspects of blockchain transactions. The protocol aims to bridge the gap between anonymous digital actions and real world legal relationships by embedding rules and roles into its architecture. This makes it particularly suitable for enterprise use cases and the emerging AI economy, where auditable actions and clear mandates for digital agents are essential. The native token of the network, known as UBX, serves as the utility and security core of the ecosystem. It is used to pay for transaction fees, participate in network governance, and secure the platform through staking. The network also supports the creation of custom tokens and utilizes crypto depository receipts to facilitate interaction with external ecosystems like Ethereum. UBIX Network has been operating its mainnet since 2019 and continues to expand its suite of services for businesses and individual developers looking for a flexible and legally compliant Web3 infrastructure. Learn more

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