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The world of Cryptocurrencies continues to experience an increase very significantly in the last few years. It is increasing more and more on the benefits of the financial economy and health. However, this time there is a new concept-based on blockchain technology, Universa (universa.io).
Some say it’s a scam while others Universa reviews are saying legit so what is it?
The good news is we are going to walk you through the company, products and compensation plan so you can make the right decision.
Universa Review
Universa Platform is a fresh generation of blockchain technology. This makes use of contract execution engine. It has published a book, which is meant to improve the technology and the Ethereum Bitcoin and provides important improvements to the business. It takes on with contract agreement and tokenisasi. The platform supports representation of token of everything from passports to the entrance ticket, bus ticket or taxi fares. They could be vouchers, gift cards, or gym membership card.
The conventional block recording ledgers are all about the action, deals and its effects on the network, improved speed and usability Universa by maintaining the graph is aimed at the hash and can be verified from the output of all actions.
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Competitive features of the project
The system’s nodes is possessed and operated by their partners. They should be licensed and authorized by the Corporation in Universa. They are reliable, trained, and audited; they guarantee the availability, security, and speed.
In the cloud Universa the only work completed on machines is the administration of mission-critical data and execution of contracts, and it does not require expensive GPU. Hardware business sensitive data is not stored. It is encrypted and is governed by a strict organization. The practice of security (ISO 27001, 27002) allows the company to trust blockchain with sensitive personal or business processes.
The platform of Universa is supported by a network of Universa client’s swarm-Core running on the nodes composing Block Universa, and supports Secure Universa Signed Document Service (code name “Notary Cloud”). Blockchain is merely responsible for putting into effect validity status the transaction, while the Notary Cloud operate as a warehouse that can be verified for the signature of the original Contract.
Universa blockchain is carried out by licensed and trustworthy node, and is capable of handling thousands or tens-of-many transactions per second. It achieves this by executing the contract on-client and verifies the results of 90% consensus algorithm in the making of each block.
The chief function of Universa Nodes is to do contracts and verify the circumstances. Instead of relying on traditional mining techniques that burn cycle clock for no cause, in Universa, permission to generate a new block comes from participation as licensed Nodes.
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Smart Contract
Generally, Smart Contracts at Universa is merely a script execution data that is stored in a tree structure. It saves any information in the format “key value.” Each key is represented as a unique address internationally, and its value can be either a fixed value, the executable binary logic, scripts are executed dynamically or even references to other trees, addresses, and so on, permitting almost all of the structure of a nested complex representation. The script in the contract smart in Universa is Turing-complete. In simple terms, it means that the script can execute another script, and contains important complexity programmable logic. We did another review on a similar ICO here.
Pre Sales
Token will be distributed in two stages. During TGE, an etereum “ERC20” token will be created as a placeholder and distributed to participants, so that placeholder tokens can be traded on exchanges open before the blockade Universa aired. The placeholder token can be chosen by the participants at once via the distribution to the Ethereal, wallet or waiting to claim their prize until after the Universa Platform operation. The token will be created and distributed on the main Launch Platform blockchain Universa. The participants of the TGE and Pre-Sale that do not claim that placeholder ERC20 “UTN-P” token will share the reward UTN directly. The token will sit in your account “Onsite Placeholder”, and holder of the UTN-P will be allowed to redeem it in Exchange for UTN.
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