Ultiledger is the next generation of global self-financial blockchain protocol, which is aimed to build a blockchain public chain ecological platform for the core application scenarios in China’s economic development which are the high financing costs of small and medium-sized industrial enterprises, the low level of digitalization of business processes, and the lack of value-added means of various assets.
The Ultiledger public chain eco-platform originated from a blockchain technology community, uniting technical geeks and industry veterans from various fields, in the process of applying the blockchain to the business entities projects, there are more and more needs to optimize and progress the technology, products and services and is ultimately a “ground-to-bottom” blockchain public chain platform derived from the bottom up.
The Ultiledger public chain eco-platform is supported by blockchain technology. With technology and financial means, it provides technology-based public chain eco-platform and a complete solution with low cost and high efficiency, the self-employed economy represented by small and medium-sized industrial enterprises has the “self-financial” functional attribute, which promotes the empowerment of its business growth, enabling inclusive finance to benefit the small and medium-sized industrial enterprises, and enabling more self-economy to share the progress results of the financial, technological and Internet tools. Achieving the equal development rights and universal benefits in the process of economic development.
The Ultiledger public chain eco-platform adopts a hybrid structure of main chain and sub-chain. The main chain consensus mechanism achieves the principle of consistency within the ecology, which helps the distributed storage mechanism complements to set up the data and value circulation channels of the sub-chain and the main chain. And different business requirements adopt appropriate value transfer and storage mechanisms, which have greatly improved the efficiency of the public chain eco-platform, and have become a universal financial technology tool with the technical ability to serve and empower all economies.
The Ultiledger sub-chain is universally applicable to any enterprise, government unit, individual, and community with economic attributes. With Ultiledger’s public chain platform, the sub-chain entity can have its own business process digitization and realize free flow of internal information within its economy entity, greatly enhances the internal operational efficiency of the enterprise; with the technical tools provided by Ultiledger, it can realize its own “self-finance”, issue Token corresponding to internal business processes, and use it in business circulation, and the main chain will provide technical support and technical credit empowerment to ensure a free circulation.
The Ultiledger sub-chain can realize the tokenization of assets including physical assets, production materials, business data, intellectual property, etc. by means of the public chain, and has a certain public link ULT anchor, which can realize free trade circulation through the public chain platform. Bringing the value of assets flows and liquidates, thus achieving low-cost, high-efficiency external financing from the self-economy.
The Ultiledger main chain provides platform and technical support for the internal value transfer of the Ultiledger eco-platform through technical empowerment, technical credit endorsement, and platform asset transaction realization, and completes distributed storage (DDS) of key information on the sub-chain and main chain on the platform. Value transfer and exchange in an efficient, secure and cost-effective manner. In reality, it acts as a platform for technology and credit support from the “self-finance” function of the economy.
By realizing the “self-finance”, business data digitization and asset securitization of the economy, Ultiledger provides an ecological environment for value-added of value circulation and value preservation. While realizing the value-added of the economy itself, it also enjoys the bonus of enjoying the value-added value of the ULT ecosystem platform, achieving multi-win.