Enterprise Blockchain Altcoin Built on Ethereum Quickly Skyrockets 70% Days Before Mainnet Launch – The Daily Hodl

Enterprise Blockchain Altcoin Built on Ethereum Quickly Skyrockets 70% Days Before Mainnet Launch – The Daily Hodl

Spread the love

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.

Image
Source: Unibright/Medium

Check Price Action

Don’t Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox

Follow us on Twitter, Facebook and Telegram

Surf The Daily Hodl Mix

&nbsp

Check Latest News Headlines


Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/RODKARV/Natalia Siiatovskaia

Tags

Related News

No Image
chainalysis-introduces-its-web3-based-blockchain-analysis-tool:-blog-–-the-financial-express
after-luna-collapse,-terra-looks-to-new-blockchain.-this-week’s-top-bitcoin-and-crypto-news-–-cnet