Unification

Unification

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Last Update

Aug 23, 2018

Unification - A Cross Chain Protocol For Data Liquidity
Unification is a decoupled architectural framework that provides generalized state channels for data standardization and interoperability across enterprise tech stacks.
What this means is, we allow existing apps, websites, researchers, and users to open and close standardized data streams through state channels, efficiently and safely. Through a simple SDK and Smart Contract system, existing enterprises can become integrated into our unified ecosystem.
Unification uses blockchain-based smart contracts to give users full control of how their data is shared - and be compensated. Transparent records of data access permissions, immutably backed by the blockchain.
By bringing end users, apps, websites, and data purchasers together on the Unification protocol, user data can be managed, permissioned, bought and sold more safely, accurately, and inexpensively than ever before.
  • Market
    Pair
    Price
    Volume 24H
    24H (price)
    24H (volume)
  • Bitforex
    UND/USDT 2 months ago
    $ 0.1993
    $ 16.115 K
    -
    -
  • Bitforex
    UND/BTC 2 months ago
    $ 0.2067
    $ 3.241 K
    -
    -
  • Bitforex
    UND/BTC 2 months ago
    $ 0.2067
    $ 3.241 K
    -
    -
  • Bitforex
    UND/USDT 8 months ago
    $ 0.3802
    $ 2.494 K
    3.44%
    -32.86%
  • Poloniex
    UND/USDT one year ago
    $ 0.2218
    $ 26.369 K
    -
    -
  • Poloniex
    UND/BTC one year ago
    $ 0.2315
    $ 26.112 K
    -
    -
  • Poloniex
    UND/TRX one year ago
    $ 0.2459
    $ 2.24 K
    -
    -
  • ProBit Global
    UND/BTC one year ago
    $ 0.1678
    $ 104.00
    -
    -
  • Bitforex
    UND/ETH one year ago
    $ 0.0505
    $ 91.497 K
    -
    -
  • DigiFinex
    UND/BTC one year ago
    $ 0.0188
    $ 26.126 K
    -
    -
  • DigiFinex
    UND/ETH one year ago
    $ 0.0188
    $ 13.214 K
    -
    -
  • DigiFinex
    UND/USDT one year ago
    $ 0.0188
    $ 26.335 K
    -
    -
  • Poloniex
    UND/TRX 2 one year ago
    $ 0.2304
    $ 21.756 K
    39.46%
    1,262.94%
  • ProBit Global
    UND/KRW 2 one year ago
    $ 0.0533
    $ 2.513 K
    5.00%
    6.44%
  • Binance DEX
    UND/BNB 3 one year ago
    $ 0.0975
    $ 6.956 K
    58.23%
    3,446.85%
  • Binance DEX
    UND/USDSB-1AC 3 one year ago
    $ 0.0291
    $ 37.54
    -
    -
  • MEXC
    UND/USDT 3 one year ago
    $ 0.0116
    $ 11.016 K
    -
    -
  • Uniswap (v3)
    UND/ETH 3 one year ago
    -
    -
    -
    -
  • Idex
    UND/ETH 3 one year ago
    $ 0.0354
    $ 11.634 K
    -
    -
IEO
To be announced
Token Details
Ticker
FUND
Total supply
8,000,000 UND
Additional Details
Platform
Blockchain Agnostic
Whitelist
Yes ,
KYC
Yes
Categories
Platform

About Unification

Unification - A Cross Chain Protocol For Data Liquidity

Unification is a decoupled architectural framework that provides generalized state channels for data standardization and interoperability across enterprise tech stacks.

What this means is, we allow existing apps, websites, researchers, and users to open and close standardized data streams through state channels, efficiently and safely. Through a simple SDK and Smart Contract system, existing enterprises can become integrated into our unified ecosystem.

Unification uses blockchain-based smart contracts to give users full control of how their data is shared - and be compensated. Transparent records of data access permissions, immutably backed by the blockchain.

By bringing end users, apps, websites, and data purchasers together on the Unification protocol, user data can be managed, permissioned, bought and sold more safely, accurately, and inexpensively than ever before.

A unified data ecosystem benefits everyone:
-Businesses can efficiently open direct state channels with any actor in the network, quickly and safely sharing and cross-referencing standardized data.
-Smaller apps have access to an open marketplace to buy and sell standardized data. Currently no cross-industry standardization exists, and no transparent marketplace accessible to all.
-Businesses can add a crypto payment gateway and unified user control panel without rewriting their app or website.
- Advertisers get more accurate user preferences that were ethically obtained. Information is decoupled from a user identity,
-Researchers gain access to large amounts of cross-referenced data to make discoveries.
-Researchers can directly outsource trial patients, which currently can cost between 10-50 thousand dollars to find.
-Users have a full control of how their data is used and shared, with a full overview and user friendly controls, and can be compensated for sharing. With access permissions all backed by the blockchain.

Powering Horizontal Scalability

Unification provides a software suite to improve the value and utility of data.

HAIKU

HAIKU is a deployable smart contract runtime that supports rapid off-chain state transition and data transfer protocols.

CAPSULE

Providing a client and server side packaging suite, CAPSULE enables and secures off chain storage, thus allowing a vast reduction in operating costs and increase in speed solutions.

MOTHER

A handshake verification smart contract that ensures technical compliance while providing an autonomous proof and validation for the participants in the system.

BABEL

BABEL is Unification's mobile and desktop dashboard for the end consumer. It is designed to act as a wallet, identity center, and data clearinghouse where individual users can visualize and manage the permissioned flow of their data.

Seamless Integration Into Existing Tech Stacks

Because most blockchain solutions operate in veritable “walled gardens,” where the benefits of a blockchain are only accessible by using proprietary DApps, there is currently a huge burden placed on businesses to change customer's behavior if they want to unlock the potential of this technology. Unification is different. Rather than forcing enterprises to redevelop their tech stack, our proprietary technology helps businesses adopt Distributed Ledger Technology into their existing frameworks.

State Channels For Enterprise Connectivity

The secret to offering a secure layer on top of traditional technologies lies in HAIKU, Unification’s distributed database. HAIKU seamlessly links together websites, apps, and DApps inside a singular, unified protocol, creating Unified Apps (UApps). Rather than having each technology be an island unto itself, HAIKU allows each user’s data to be stored within a CAPSULE on a UApp’s server, which the users themselves maintain and can lend a temporary key to access the data to an app, company, researcher, or any other data purchaser.

Unified data has the power to dramatically improve lives.

There are infinite potential use cases for the Unification protocol, including:

MEDICAL: One UApp collects a user’s GPS data. Another UApp privately stores that user’s medical records. A third UApp receives permission to access this data across millions of users and sees that all of the users whose GPS data shows them walking daily by a certain lake have a 67% higher chance of developing a particular rare disease.

This leads to notifying authorities, who test the waters in the lake to discover there was a previously unknown pollutant present in the lake.

MATCHMAKING: One UApp collects browsing and social media data. Another UApp uses intelligent matchmaking to help users find the perfect romantic partner. The matchmaking UApp, which has access to the web and social data of millions of other users, is able to make amazing and unequivocal romantic matches.

ADTECH: An AdTech UApp is installed on a user’s mobile and desktop devices. This collects their typical behaviors and browsing data and sends it back to the AdTech firm. In the old paradigm, the firm would then package and sell the data to advertisers; this whole process would be something the users were neither aware of, nor compensated for, as they had previously agreed to some vague Terms of Service when signing up for the app. In the new paradigm, users allow permission to access and sell their data through a HAIKU Smart Contract.

The AdTech firm sells dynamically-packaged and tailor-made data to advertisers and pays a remittance to the users. The HAIKU dictates that continued access to the data requires ongoing payments of UND to both the AdTech firm and user.

Technical Info

 

   

Unification Team

Verified 7%

Attention. There is a risk that unverified members are not actually members of the team

Neyma Jahan
CEO
unverified
Shawn Mclean
Software Architecture
unverified
Maziar Sadri
CPO
unverified
Indika Piyasena
Senior Integrations
unverified
Paul Hodgson
CTO
unverified
Farshad Niayesh
Machine Learning
unverified
Larry Gandt
Enterprise Sales
unverified
Dan Tsui
Technology
unverified
Allie Zhang
Technology
unverified
Amina Ebraham
Business Development
unverified
Erica Blair
Communications
unverified
Will Mekemson
Outreach
verified
Ryan Getz
Creative
unverified
John Justus
Research
unverified
Meera Blair
Operations
unverified

Advisors

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Sishir Varghese
TGE Strategy
unverified

5 ICO

$15 000 000

Henok Tekle
TGE Strategy
unverified
Karim Z Kanji
Enterprise
unverified
Sam Marks
FinTech
unverified
Nikolay Savchuk
AdTech
unverified
Nelson Chen
HealthTech
unverified

Unification Interviews

Will Mekemson
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I run our Outreach campaign for building a vibrant community of users.

Unification Last News

$ 0.1332
-8.21%
Crypto Stats
Daily, %:
-8.21%
Weekly, %:
5.84%
Monthly, %:
-35.87%
Market Info
Market Cap:
Volume 24h:
$ 11.856 K
Circ. Supply:
Ticker:
UND
ICO profit
X 2.66
ICO Price~$0.0500

Unification Reviews

TL;DR
45

A hybrid blockchain environment that connects interoperating private work-chains to a public mainchain secured via delegated PoS by a rotating set of 96 validators.
Context: The low adoption of public blockchains indicates they still might be “solutions with no urgent problems to solve yet”, but private blockchains are a different matter altogether. Most enterprises looking into distributed ledgers are eyeing some flavor of private or permissioned implementation, maybe with a public chain anchor.
What it is: Trying to capitalize on this seemingly emerging trend, Unification has built a public blockchain with private work-chains that run applications and exchange data in closed environments, but in an attestable manner. They use a delegated proof of stake model where 96 nodes are selected as validators in rotating random sets of 24. The private work-chains have zero transaction fees and occasionally anchor to the public mainchain.
Funding & token action: The team sold ~$1mn worth of tokens at $0.048 - $0.05 in a private round. They mentioned not planning to do an ICO and targeting organic growth instead. They however did do two IEOs on Bitforex and Probit. They call those 'zero-sum games', as the team bought tokens from the open market and made them available to the IEO platforms with the goal of putting tokens in the hands of more people.
The project holds ~97% of the tokens, which they will gradually release in circulation as a percentage of REAL volume traded. They also listed on Binance DEX, where they have a daily volume of $50k, the minimum amount needed for Binance CEX eligibility. Their other volume is relatively small, totalling $94.6k daily at the time of writing, with a $1mn current market cap and ~$30mn fully diluted.
What I like:
- The private/public blockchain combo seems to be emerging as winning architecture
- There already is a public testnet
- Listed on several exchanges
- Claims of collaborations with notable government, medical & gaming entities (private due to NDAs)
What I dislike:
- The private & hybrid blockchain space is already packed with incumbents that are hard to compete against
- Actual product is just an Ethereum fork with some changes here and there, not all for the better (96 rotating validators in dPoS, a separate beacon component, etc)
- Team controlling 97% of tokens is similar to the Ripple model so might be subject to the same negative price action when team sells
- Confusing practices such as two 'zero-sum' IEOs
Overall, I dislike it. I honestly think a mix of public and private blockchains will be the emerging trend in enterprise adoption. The Unification team understands that and build a product to meet this trend head-on, via a self-funded project with a low circulating supply.
The team seems focused on keeping the token price as stable as possible, to reduce volatility for business customers. They view their token buyers as customers, not investors, which is great for potential customers but a caveat in their own funding model and a deterrent for prospective token buyers.
On the tech side, it’s an Ethereum fork with some features, with nowhere near the tools, documentation, experience, expertise, resources, etc etc of any of the other already incumbent private blockchain projects that can anchor to any public blockchain that is infinitely more secure than Unification is likely to become.

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