Unibright: Blockchain based business integration

SL HE

Nowadays blockchain technology is expanding at a very fast pace, the year 2017 saw a rise of interest in cryptocurrency and blockchain. The potential of this technology is going to change almost every industry, especially financial industry where security is of great importance. Blockchains are ledgers consisting of information, they are stored in a distributed way and all the information stocked in a ledger is encrypted which makes it highly difficult to hack and steal this info. Considering the opportunities which give us blockchain you would think that currently each and every company, organization or ordinary developer uses this technology. Unfortunately, in reality, blockchain developers are rare and expensive which makes it difficult to apply this innovative technology. Luckily, a project named Unibright took the opportunity to create the solution to this problem.

What is Unibright?

The team came up with an idea to help entities in using all the advantages provided by a blockchain. Some entities still struggle in mastering blockchain technology, it is difficult for them to find experts in this sphere and if they manage to find such a specialist, they still have no idea how to incorporate the new mechanism into the actual system of a company. The platform helps those entities which have a lack of resources or in blockchain developers, it gives them an opportunity to use this innovative mechanism and apply it to the current systems. If there is a need for a blockchain developer, an enterprise simply has to use the Unibright platform to obtain the capability to design a blockchain product.

The team decided to exploit blockchain because of the multiple conveniences and opportunities it presents. First of all, the usage of this mechanism grants with the opportunity to transfer info directly, there is no need for third parties which eradicates all the dangers. Thanks to the decentralized structure of a chain, it is very difficult to hack the whole system. Even if one component of a chain is damaged, it doesn't mean that the whole system will break down. One of the best conveniences provided by this mechanism is that it is completely transparent — all the alterations applied to a chain are documented and they can be seen. Because of the absence of a third party, the price of using blockchain is lower, than in using ordinary systems where an intermediary is required.

How it works?

The team managed to create four applications that help entities in implementing blockchain into the existing systems, these apps are The Unibright Visual Workflow Designer; The Unibright Contract Lifecycle Manager; The Unibright Explorer; and The Unibright Connector.

The first application is intended to help those entities that don't have in their intellectual workforce blockchain developers. Using the app you don't need to understand all the principles of a blockchain, you don't need to attend business schools that promise to turn you into a master of the blockchain, the only thing you should do is to use an app.

The second application helps to solve the issue of renovating and setting up smart contracts to diverse block chains. Exploiting this app helps to convert your visually arranged workflows into the codes that will be dependent on your platform. It recognizes a blockchain and develops the most relevant smart contract for this particular block.

The third app helps enterprises to realize in what ways they can employ the information stored by block chains. The program surveys current operations crosswise all smart contracts and displays the received data in a plain interface.

The fourth component is intended to support the unification of a blockchain with the current IT system. The program manages to join the current IT structure with distinctive block chains and smart contracts.

Who may benefit from using Unibright?

As it was mentioned before, it is highly difficult to find a blockchain developer and if an entity manages to find one, their services are very valuable but expensive. In this case, entities can use the applications mentioned here before to create unique codes and imply them into the existing structures.

About Unibright ICO:

Start Date: 10.04.2018

End Date: 10.05.2018

Main Sale Token Price: 1 UBT = 0.14 USD

Contributable cryptocurrencies: ETH, BTC

Tokens Distribution (150 millions UBT summary):

Team:

Advisory Board:

Roadmap:

Summary

The blockchain is currently changing our world and brings various opportunities to those who manage to master it. But still, there are a small number of those entities who managed to implement this technology into their systems. It is impossible for some of them to afford employment of blockchain developers or they don't know how to implement technology into use. But Unibright provided the world with a solution. Using this platform many companies can enjoy the opportunities given by this innovative technology.