"UTC" wants to be considered a "decentralized joint app development system" to support the next era of blockchain ecology

 Every breakthrough in the underlying design of the blockchain provides about a trend. Ethereum once utilized smart contracts to supply more opportunities for the application layer, getting the blockchain in to the "2.0 era". Many development teams are usually transforming the shortcomings of Bitcoin and Ethereum, and even design the actual architecture from scuff, hoping to be the identified "blockchain 3.0". The writer has reported on EOS, Quantum Chain, NEO, ArcBlock, ValueCyber, VEE, etc.


The UTC (United Chain) that I have recently contacted is compatible with Bitcoin and Ethereum, integrating PoW and PoS to broaden smart agreements, and open up the APIs of games, Internet of Issues and other apps to blockchain tasks to easily simplify the block. Growth of chain apps. UTC hopes to become decentralized application development platform to transport the next era of blockchain ecology.

Officially, UTC adopts worth transfer process and joint administration standard protocol to meet the application development needs of various industries. The shared management standard process means that UTC has extended based on Ethereum and has developed a couple of regular interfaces to start data tranny between different personal chains, thereby producing UTC a large basic public chain. Furthermore, UTC has also transformed underneath layer from the blockchain to support the MQTT (Information Queuing Telemetry Tranny) protocol typical in the Internet of Things.

Creator and CEO Li Zhi presented that for C-end users, UTC's front-end user interface will be much like an app shop; for developers, developing a credit card applicatoin on UTC is similar to creating a WeChat applet. Even though you are not familiar with the development language, it could be implemented easier. Function deployment.

Through the developer's perspective, in addition to focusing on efficiency and simplicity, security and balance are also essential. UTC will unite the nodes from the partners to reduce the chance of nodes getting attacked. At exactly the same time, partners who join the ecosystem can my own UTC tokens. Furthermore, UTC also distributes tokens free of charge through activities and partners.

Li Zhi stated that UTC will develop some applications individually this year, initial through the inner processes, and gradually open up the interface towards the B-side and C-side free of charge, attracting more personal chains to join the ecosystem, and eventually become a credit card applicatoin development platform.

At the moment, UTC's ecology consists of the self-developed blockchain marketing distribution system "Zhudian", the blockchain game platform UGame, as well as the blockchain Internet of Issues platform UThings.

"Transfer Point" mainly utilizes non-tamperable data on the chain, automatically performed smart agreements, and token incentive mechanisms to improve the production partnership in the original advertising industry. Users can get general points (token) for viewing advertisements, which can be used in additional scenarios in the ecology; marketers can subjected to intermediate links to prevent click-through rate fraud, etc., to find out more real effects and save costs. Many "blockchain + content" platforms have got talked about similar business models, therefore i won't repeat them here.

UGame mainly solves the problems of blood flow and dealings between different game coins, and tokens may also be equivalent to general points. If an video game stationed in UGame is usually suspended, users can straight withdraw the previously recharged game currency and continue steadily to utilize it in another game of the same operator. The decentralized game platform constructed by UGame is in the testing time period, and game businesses will be officially invited to join next month.

UThings focuses on IoT equipment. The chips produced by UTC can be used in coin-operated products such as for example crane devices and washing machines. The main functionality is to change "coin-operated" into "token payment". Once the children get tired of using the doll they captured, the overall game hall may use the token to get back, as well as the token the player gets can be used in UTC ecology.

When Uthings is usually combined with "Transfer Point", the overall game hall can location advertisements on the overall game console display, and gamers can play free of charge (without inserting coins, spending tokens) after viewing the advertisement (receiving tokens). In this manner, game machine producers can place devices in parks, communities and other nonoperating places, and game halls use totally free as a selling point to gain customers. UTC has now reached cooperation with crane machine retailers in Sanlitun, Beijing, Yanjiao, Hebei and other places, and has recently begun ground promotion.

After the app of UTC arrived, companies in the Internet of Issues and gaming areas actively sought cooperation. UTC supports quick access, but additionally screens partners. For crane machine manufacturers and operators, UTC will demand physical stores to possess complete licenses, stable operations, and large enough devices; for game businesses, UTC cooperates with Chongqing Pc News to get hold of potential partners with the latter's large and medium-sized channel business assets , A standardized evaluation process will undoubtedly be established in the foreseeable future.

According to reports, the next target situation for UTC is usually finance. UTC is usually negotiating with an authorized digital currency exchange in Australia for cooperation in wallets and other aspects. The swap is likely to go reside in July. UTC wants to learn from the WeChat payment model, starting with a new era of Internet methods, and cooperating with self-developed IoT equipment to open up a "zone" Upay, the business line of blockchain + payment + social.


At present, most "chain users" remain "coin users". Consequently, getting involved in financial business will not only help direct users to other apps, but additionally enrich UTC's revenue model.

UTC's current profits are mainly derived from the advertising revenue of "move points" as well as the cooperation talk about of the Internet of Issues and gaming platforms.

In terms of cost structure, even though manufacturing cost of an individual chip can be managed within 300 yuan, UTC invests a lot more in the early technology research and development.

According to reports, UTC has completed an angel circular of financing of nearly 10 million yuan from Zihui CAPITAL RAISING in October last year, and will open up a Pre-A circular of financing soon to seek funds that can provide strategic resources.

The team currently has 13 people, focusing on products and R&D. Li Zhi, a economic network security specialist, has served as the R&D director of 360 Qihoo, the specialized director of Tencent Research, as well as the co-founder of Sports.com. Co-founder and COO Jiang Yuming, economic analyst, 7 many years of experience in finance investment analysis, previously a member of Creator Securities Fubon Account and COO of Cina Project Exchange. Technical Movie director Huang Tuo, program architect, used to be the technical individual responsible for Shenxing Taibao.

That is Hao Fangzhou. If you wish to document on high-quality blockchain tasks, please add WeChat nooxika and note the company + name + reason.


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