An altcoin that describes itself as “Ethereum for Business” is experiencing a burst in price just days before its much anticipated mainnet goes live.
Unibright (UBT), It is a platform that offers enterprise-grade blockchain solutions with an emphasis on reducing costs and reducing the need for technology-savvy developers.
Baseline Protocol, one of the signature tools of the platform, is designed for performance and also provides privacy by keeping sensitive data off-chain. The Baseledger feature of the project has performed well, reaching several milestones in the second half of 2021. The team also stated in a blog post on February 28 that its mainnet will be up and running in four weeks. The Baseledger website describes its signature tool, Baseline, as follows:
“Today’s public blockchains like Ethereum are ideal solutions for cryptocurrencies and Decentralized Finance (DeFi), both of which leverage a distributed, opaque network.
However, businesses using the Baseline Protocol public ledgers have very different requirements, which are fulfilled by Baseledger.”
Baseledger provides low transaction costs, data compatibility, high performance, and the ability to connect to other chains. UBT Backed by crypto asset.
Unibright also has major partnerships with major corporate players such as Microsoft and Ernst & Young, who joined forces two years ago to help create the Baseline Protocol.
Unibright’s price rallied 74 percent in just a few days, climbing from a low of $0.67 on March 11 to a low of $1.17 earlier today as a result of anticipation as the mainnet launch date approaches. and made impressive profits.
UBT, which has seen a 22 percent increase in the last 24 hours, has seen a 22 percent increase at the time of writing. This amount of increase is quite impressive considering the downtrend in the market. Experts think that by the time the mainnet is launched, the price is likely to move positively.
You can check the price movements here.
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