The internet of things has been disrupted to become one of value. After the initial phases of speculation and bitcoin limelight, the real fun began. Now blockchain as a technology tends to the power to disrupt any major or minor business whether online or offline. The stakes are high with the stage set for businesses to finally establish themselves through a public ledger or better to say 'The blockchain technology'. Think of Microsoft word for instance. What does it do? It is a software that assists us in writing, creating and editing documents. The features include predefined templates, tables, charts, graphs, word art, font and much more. We have the option to customize our work and page accordingly. MS-word as a document builder adapts itself to any type we want to create - resumes, articles, essays, letters, newspaper reports, projects and even slides.
Talking of Unibright, what MS word does for its users, Unibright will be doing for the businesses who want to integrate blockchain in their system but does not possess the knowledge, know-how or expertise to proceed with it. Even a layman who is far away from any coding techniques or gamification experience can prudently choose the desired set up for his venture.
What is Unibright?
The white paper states, " Unibright is a unified framework for blockchain integration and a set of applications leveraging this framework."
It will be the first unified framework for blockchain based business integration.It offers high-level concept to integrate existing processes and IT landscapes into the promising ecosystems of the blockchain. It offers an eclectic mix of features that can be adapted to the business at the mere click of a button. The cost of implementing and developing a business on blockchain is very high and the complexity involved in setting up smart contracts is often aligned with problems and shortcomings in programming. Unibright provides the right kind of guidance and support to even the most humble of industries and to the blue-chip firms as well. The Unibright deep deeply realizes the potential and possibilities that blockchain can bring to the businesses of today.
Let's have a look at some of its features:
- Predefined templates to suit the needs of different users to help them integrate their business in terms of system architecture and software.
- The provision of smart contracts automates and quickens the processes.
- Since the startup is blockchain based there is complete assurance of trust and track records.
- It helps to reduce cost through decentralized operations and transparent contracts
- The user-friendly interface helps to save a lot of time.
- It provides assistance in choosing the desired integration within the organization and beyond its walls too.
Unibright through offers a host of utilities such as a combination of Contract interfaces or UCI(Unibright contract interface).These ready to use interfaces help to use smart contracts in different business landscapes. The templates are predefined. Any business can choose from the available options to suit their needs. This lends a predefined structure to the workflow in the business. The operator gets automatically a subset of all available tools. The interface and workflows that can be customized as per one's needs.They currently use Ethereum blockchain but are ready to give other variants a shot as well.
The other appealing feature is Unibright Application level that supports all levels of integration. The workflows are designed through Unibright workflow designer.
The automated smart contracts are achieved through lifecycle manager. They are further monitored through Unibright explorer. ERP Systems, IT and business processes are integrated through the Unibright connector.
The use cases of Unibright in real-world business scenarios range from getting the quotation for materials, product pass approvals, shipping process monitoring, tracking of resources during a production process, Invoice release, aircraft product history, Insurance claim processing and many others.
UBT and ICO details:
UBC will be the only token through which transactions will take place on the platform. It will be an ERC20 based token. In total, 150 million tokens will be generated out of which 100.5 million tokens will be up for sale. The soft cap is fixed at 2,200,000 USD while the hard cap is fixed at 13,542,375 USD. The payments will be accepted in ETH, BTC, and others via shapeshift.io. The price of one token is fixed at 1 UBT=.14 USD. The token sale will take place from 20th April 2018.
Concluding Verdict:
Unibright portrays themselves as pioneers in business integration in the blockchain scenario. They provide an all-in-one solution for the business who want the escalations and benefits of decentralization and automation.
The success of the enterprise will depend on the success of the ICO. The more popular the platform becomes the more advanced utilities it could offer its users. Investors can benefit as early birds by grabbing the bonuses available. To the users, it will be a hassle-free drive into a new interface. The event managers of blockchain are here to abstract the best out of the technology and provide the best experience to its users.
For more details log on to:
Website: https://unibright.io/
ANN Thread: https://bitcointalk.org/index.php?topic=2892915
Whitepaper: https://unibright.io/index.html#whitepaper
Blog by: Lanirm Knayam
BTT Profile: https://bitcointalk.org/index.php?action=profile;u=1308391