Ultrain Technology Limited is the next generation public-blockchain technology venture that focuses on building a high performance decentralized blockchain platform through its programmable tech-infrastructure. Ultrain is committed to construct a responsible and sustainable commercial ecosystem that enables all industrial applications. With its groundbreaking innovations in cryptography and based upon a complete decentralized public network, Ultrain is able to provide multi-folds more advanced technical performance to fundamentally solve the performance and scalability issues comparing to other traditional public blockchain platforms.
Attention. There is a risk that unverified members are not actually members of the team
Size of Potential MarketAs ever, despite the presence of a significant number of projects tackling similar issues, a sizeable market still remains for the Ultrain team to target. The movement towards the commercial utilization of dApps continues to press ahead, as does serious developmental work regarding the use of both AI technology and IoT devices. As a result, the team have identified that their business approach can be applied to fields such as public utilities, transportation, manufacturing, agriculture and finance. However, they identify gaming, healthcare, and the sharing economy as prime candidates for launching and running dApps on their platform. Whether positive or negative, the Ultrain team are aiming to have a wide appeal and aim to offer their solution across the board.
TransparencyThe Ultrain whitepaper goes a long way to generating a feeling of transparency as it highlights the project’s internal economy, token metrics, and fund allocation, with specific details given regarding any fees and revenue/token allocations taken up by the team or Foundation. In addition, short bios are given for team members while commercial partners and community leaders are also profiled in good detail.
TechnologyThe white paper outlines the core functions of Ultrain and explains how the platform will facilitate high performance trusted computing, artificial super intelligence on the chain, and blockchain based value IoT. While the yellow paper details the smart contract design of Ultrain and covers Dynamic-and-Adaptive Sharding, the Friendly Developing Environment, and Flexible Smart Contract Interaction. It also covers Ultrain’s consensus mechanism in great detail, and the technical aspects of the project are well covered.
VisionThe roadmap is a quite simplified document and does not include a particularly detailed vision. The main idea conveyed is that the team has already developed their testnet and enterprise service access network, and plans to deploy the public network some time before April 2019. In addition, the implementation of AI machine learning and IoT computing networks are set to take place from April 2019 to April 2020.
Market Competitive environment:There are both large centralized players AZURE, Google Cloud, and projects with blockchain - Golem, SONM, iExec, Hypernet, DeepCloud on the market of cloud computing.The competitors’ indicators are as follows:Golem - capitalization - $323M, from the date of exchange entering the GNT price increased 22 times;SONM – in the course of ICO $42M was raised, capitalization - $44,8 M, ROI USD - 0,8xiExec RLC - capitalization - $63,8M, from the date of exchange entering the RLC price increased 2,7 times;Elastic - capitalization - $14,7M, from the date of exchange entering the XEL price dropped 4,86 times;Perlin.Network (at the stage of the Private sale, capitalization is unknown);Dfinity (at the stage of Private sale $4M was raised, capitalization is unknown);Hypernet, DeepCloud, Blockcloud are at the stage of preparation to ICO.
Technological advantages:Well-developed infrastructure (but at the same time many things in it are questionable)
SOCIAL ACTIVITYThe project popularity in the social networks and discussion forumsThe project is not detected on the radar of influencers.Facebook: 63 followers, the average number of likes per post is 0, the average number of comments per post is 0, user activity is low.Twitter: 432 followers, average number of likes per post is 1, average number of retweets per post is 0, average number of comments under the post is 0, user activity is low.Youtube: 8 subscribers, average number of views per video is 20, average number of comments under each video is 0, user activity is low.Medium: 66 followers, the average number of likes per post is 1 without any discussion in the comment section, user activity is low.Telegram: 5k members, admins on the Telegram-channel are responding quickly, user activity is high, but not naturally generated.
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