An altcoin that calls itself the “Ethereum for enterprises” is setting price charts ablaze in advance of its highly anticipated mainnet going live.
Unibright (UBT) offers enterprise-grade blockchain solutions with an emphasis on lowering costs and reducing the need for tech-savvy developers.
Its signature Baseline Protocol is geared for performance while also ensuring privacy by keeping confidential data off-chain. The project’s Baseledger feature hit several milestones in the latter half of 2021, and a February 28th blog post indicated that its mainnet would go live within four weeks.
According to the Baseledger website,
“Today‘s public blockchains like Ethereum are ideal solutions for cryptocurrency and Decentralized Finance (DeFi), which both benefit from a distributed, opaque network.
However, enterprises using the Baseline Protocol have vastly different requirements for public ledgers, which are fulfilled by Baseledger.”
The UBT crypto asset powers Baseledger to offer low transaction costs, data compliance, high performance and is able to connect with other chains.
Unibright boasts partnerships with major corporate players such as Microsoft and Ernst & Young, who joined forces two years ago to help create the Baseline Protocol.
The price of Unibright is making impressive gains, having climbed from a March 11th low of $0.67 to $1.17 earlier today for a 74% rally in just days.
UBT is up a whopping 37.85% on the day.Don't Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox
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Featured Image: Shutterstock/RODKARV/Natalia Siiatovskaia