Smart contracts are the next major frontier for blockchain technology development. Automating as many tasks and business processes as possible will eventually lead to a trustless ecosystem. As such, it is good to see different smart contract projects compete with one another. Ubiq is a decentralized platform focusing on smart contracts and dApps, making use of an improved Ethereum code base. The associated token offers some interesting functionality as well. What is Ubiq? On paper, Ubiq is a competitor to every other smart contract project in the world of blockchain technology. The goal is to reach a globally-distributed ledger with a supercomputer-like capacity.
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