Ultiledger will be officially launched on the CoinEx platform on September 19th, 2018 (Beijing time), deposit will be available at 11:00 on September 18th, trading and withdrawal will be opened at 11:00 on September 19th, and CoinEx will support ULT trading and add ULT/BCH, ULT/ BTC, ULT/ETH trading pairs. Ultiledger and CoinEx will officially launch the ULT trading event on September 19th.
Ultilegder, the Next Generation Global Self-financing Blockchain Protocol, an open source protocol initiated by a number of IT geeks, gets a high-level consensus and co-governance from the communities. Ultiledger aims to build an economic and financial ecosystem based on token ULT to help any organization (contains government, business, industry clusters or individuals and communities) that needs to build trust at a low cost and rapid construction of a distributed financial book and account system of bank-grade security; zero-cost transaction settlement within the ecosystem; improved security, privacy, efficiency and capital availability of the system through the combination of the main chain and sub-chains.
In the Ultiledger ecosystem, any tangible assets, data or intangible rights can be written on blockchain to become a string of code to achieve assets and data tokenization, and to use smart contracts and distributed storage for completing functions such as confirmation, notarization, trading, circulation, etc., and finally achieving “credit circulation, asset circulation, value circulation” in the algorithm world.
The Ultiledger team has more than 10 years of IT experience, from the Wanxiang Blockchain Lab, the HKEX, the Chinese Academy of Sciences, the Ant Financial, the SAP and the State Street Bank. There are 5 team members who were the early code contributors of Ripple and Stellar, and they have been operating the largest community of Ripple and Stellar in China, what’s more, they have made many successful applications based on sub-chains in the early days and have proposed a number of breakthrough innovations. With the expansion of the blockchain business, it is found that the application of blockchain through sub-chains cannot meet the circulation of credit, assets and value, however, the financial scenarios are often complicated, and with the assets growing, there is huge demand for interaction. As a consequence, the team developed the next generation of self-financing public chain, which on the one hand satisfies the financial needs of different scenarios, on the other hand, it will map and combine the assets of circulation, and can support the circulation on a global scale. Ultiledger developed an applicable and interactive blockchain system architecture, which is committed to providing blockchain solutions to meet the needs of real business applications.
Thank you for all your support to Ultiledger!
Ultiledger Team
September 18, 2018