Unibright PriceUBT

What is Unibright (UBT)?

Unibright (UBT) is an enterprise blockchain infrastructure project that provides a unified framework for blockchain-based integration and application development. The platform is designed to bring blockchain technology and smart contracts to mainstream business usage through a low-code approach, allowing smart contracts to be generated, deployed, and updated automatically across different blockchains. Unibright offers enterprise-level blockchain solutions, integration platforms, and an ecosystem centered around tokenized assets. The project was introduced in 2017 and the UBT token launched on January 11, 2018. UBT is an ERC-20 utility token built on Ethereum and also deployed on Polygon. The total and maximum supply is 150,000,000 UBT, with a circulating supply reported at approximately 150 million UBT, representing nearly the entire total supply. The project is positioned as enterprise blockchain infrastructure with a focus on cross-blockchain and cross-system business process integration.

Key Specifications & Tokenomics

• Name: Unibright
• Ticker/Symbol: UBT
• Token Standard: ERC-20
• Built On: Ethereum (ETH); also deployed on Polygon (POL)
• Smart Contract Address (Ethereum): 0x8400D94A5cb0fa0D041a3788e395285d61c9ee5e
• Smart Contract Address (Polygon): 0x7FBc10850caE055B27039aF31bD258430e714c62
• Decimal Places: 8
• Total Supply: 150,000,000 UBT
• Max Supply: 150,000,000 UBT
• Circulating Supply: Approximately 150,000,000 UBT
• Category: Platform; Ethereum Ecosystem; Polygon Ecosystem
• Official Website: https://unibright.io/

Who created Unibright?

Unibright was introduced in 2017 by Marten Jung and Stefan Schmidt. Marten Jung serves as Co-founder and CEO, bringing over 20 years of experience in software development, process integration, and technology consulting. He was previously a member of INATBA and served as the leading contributor to the Ethereum mainnet integration for enterprises working group EMINENT. Stefan Schmidt is Co-founder and CTO, also with over 20 years of experience in software development, process integration, and technology consulting. He was a technical steering committee member at Baseline-protocol.org and served as integration taskforce leader at the Enterprise Ethereum Alliance. The Unibright team consists of blockchain specialists, architects, developers, and consultants. Unibright Token was founded by Unibright Ventures in 2018, an investment firm focusing on blockchain technology and sustainable space. Unibright is a member company of SPO Consulting GmbH, which was founded in 1989.

How does Unibright work?

The Unibright system is maintained by the Unibright Contract Interface (UCI), which links all parts of the ecosystem. The UCI consists of four core components: the Business Workflow Designer, which handles the visual aspect of business workflows; the Contract Lifecycle Manager, which controls the generated code; the Explorer, which maintains smart contracts; and the Connector, which integrates existing blockchains into the process. The framework employs a low-code approach that auto-generates blockchain-compliant code and requires minimal developer skills. It works with visual, use case-related templates and automatically integrates existing IT systems into the blockchain. The UBT token is an essential component of the UCI system, required for the registration of every smart contract and its connection to other smart contracts via the Unibright Connector. Unibright also plays an important role in the development of the Baseline Protocol, an open-source initiative that connects traditional systems and notarizes states on a public mainnet such as Ethereum. Acting as middleware, the Baseline Protocol combines cryptography and messaging with blockchain to deliver secure and private business processes at low cost, automating B2B agreements without creating new blockchain silos.

What makes Unibright unique and valuable?

Unibright differentiates itself through its focus on enterprise blockchain integration with a no-coding-needed approach. The platform enables businesses to generate, deploy, and update smart contracts automatically across different blockchains using visual templates, significantly reducing the technical barrier to blockchain adoption. Unibright provides cross-blockchain and cross-system business process integration, a capability launched in 2016. The project is actively involved in the Baseline Protocol, which allows for the automation of B2B agreements and enforcement of consistency between different parties' records without moving data from legacy systems. Unibright is a German company contributing to the Enterprise Ethereum Alliance and leading the task force on Ethereum Mainnet Integration. The project has established partnerships with major enterprises including Microsoft, SAP, and Lufthansa. Its collaboration with Provide on the Baseledger project and support from ConsenSys Mesh further strengthen its enterprise positioning. With over 20 years of business process and integration experience embedded in the token's utility, Unibright aims to bridge the gap between traditional enterprise systems and blockchain technology.

What is Unibright used for?

UBT is the utility token of the Unibright ecosystem and is applied in all products and services. The token is required to register every smart contract on the Unibright platform and to connect it to other smart contracts via the Unibright Connector. UBT serves as a voucher for Unibright products and consulting services, representing 20+ years of experience in business processes and integration. The token plays a central role in the creation of smart contracts within the UCI system. Beyond registration and connection functions, UBT is used across the entire Unibright ecosystem, including enterprise-level blockchain solutions, integration platforms, and tokenized asset services. The token is available for trading on various platforms and supports conversion pairs including AUD, BRL, CAD, EUR, GBP, HKD, RUB, SGD, TWD, and KRW. UBT can be bought, sold, managed, and traded directly within supported wallets, and swapped on and across blockchains.

How Is the Unibright ecosystem developing?

The Unibright ecosystem continues to develop through enterprise partnerships and technical initiatives. In September 2021, Unibright collaborated with Provide to launch a testnet for the Baseledger project, with a mainnet launch planned for 2022. Baseledger is an open-source project for maintaining baseline protocols. ConsenSys Mesh joined Unibright and Provide in supporting Baseledger, particularly for projects seeking compliance with the Baseline Protocol. Unibright maintains partnerships with Microsoft, SAP, and Lufthansa, and is an active contributor to the Enterprise Ethereum Alliance. The project has been listed on various trading platforms including Bittrex Global, and supports instant exchange through services that enable UBT exchange for over 450 cryptocurrencies. The ecosystem includes trading tools such as DCA Bot, Signal Bot, and GRID Bot available on trading platforms. The project's official X account describes it as building enterprise blockchain infrastructure since 2018, with a team of blockchain specialists, architects, developers, and consultants.

How to mine Unibright?

UBT is an ERC-20 utility token built on Ethereum and deployed on Polygon, which means it is not mined through traditional proof-of-work mining. The token was created and issued on the Ethereum blockchain, and its full supply of 150 million UBT is already in circulation. There is no mining mechanism for UBT. Token holders can potentially earn rewards through staking or other mechanisms available on supported platforms. The token can be acquired through trading on supported exchanges and platforms. UBT can be swapped on and across blockchains through supported wallet services. The token's utility is tied to platform usage rather than mining rewards, with UBT required for smart contract registration and connection within the Unibright ecosystem.

How to keep your Unibright Coin safe?

To keep your UBT safe, use reputable wallets that support ERC-20 tokens and the Ethereum network. Since UBT is also deployed on Polygon, ensure your wallet supports both networks if you hold tokens on either chain. Hardware wallets provide an extra layer of security by storing private keys offline. Always verify the official contract addresses when adding UBT to your wallet: the Ethereum contract is 0x8400D94A5cb0fa0D041a3788e395285d61c9ee5e and the Polygon contract is 0x7FBc10850caE055B27039aF31bD258430e714c62. Never share your private keys or seed phrases with anyone. When using instant exchange services, choose platforms that do not store funds and complete swaps quickly. Enable two-factor authentication on any exchange accounts you use. For long-term storage, consider cold storage solutions. Regularly check official Unibright channels for security updates and announcements. Be cautious of phishing attempts and always access official websites and platforms through verified links.