Unification: EOS Blockchain Smart Contract Data Exchange Protocol?
What Is Unification?
Unification is a new cryptocurrency company that offers a third generation EOS-based infrastructure protocol that can be used to unify and standardize data from B2B and C2B exchanges.
The app uses smart contracts built to transform data into usable formats and create easier transmission of data between apps while it allows data to be either incorporated or exchanged without performance issues. Basically, you can use it to make the data easier to understand and manipulate for your company.
Not only the company will create a software that will enable better data to be put together and used, it will also act as a marketplace that can be used to connect data producers and purchasers.
Many industries have a high demand for data at this moment and users are generally creating data at every moment, so by enabling the users to monetize this set of data that they create, the company is creating a win-win situation because it connects two market actors that really need each other.
The company defends that this is a good model because the current blockchain-based identity solutions are not seamless enough, in fact, they are very clunky and depend on the will of the users for adopting a new technology that can be quite complicated.
How UnificationEOS Smart Contract Data Exchange Protocol Works
This platform will work using the BABEL interface, an easy to use interface which will let the users visualize the data that is being shared at a certain moment and get tokens for this data. Smart contracts based on the EOS platform will be used to control the whole system and allow for transparent and immutable information that can be seen by everybody.
Instead of helping developers to create new products, Unification’s approach is smarter: it helps the companies that already exists to integrate the solution on their apps and sites. Why create something new when you can simply upgrade what already exists?
One of the main goals of the company is to be 100% able to let the owners of the company eliminate the need that they currently have to rebuild apps from scratch. The system can be used anywhere instead of having to be used in a single platform.
While many companies talk about decentralization, Unification really does it. The company uses a structure that already exists to solve issues that are generally solved in considerably worst ways. This can create a universal backward compatibility with apps and diminish the hassle for the users at the same time that it offers monetization opportunities for many markets.
By using a simple SDK, companies will be able to participate in the BABEL marketplace and unify their apps with the company, having multiple payment gateway support, lower fees and more data privacy and sovereignty.
The HAIKU protocol is one of the most important features offered by this company at the moment. It is with this protocol that websites, apps and other tools are seamlessly linked with each other for the construction of a unified app. Not anymore will each technology be an island, as HAIKU will connect them while keeping their sensible information locked away from each other.
The company believes that this type of technology can drastically improve lives. While one app can collect medical data, for instance, another one will privately store the medical records and a third one will receive permission to access them by paying the owner.
HAIKU’s technology can be also used in many other types of situations, like dating apps, ads, tech companies and many more. This will result in an experience is frictionless and seamless. Users will always be paid for their information, will be able to spend their money anywhere easily and will have a unified identity all over the system, which will save some work.
The Unification Team
Are you curious to know who are the people who brought this idea to life? Neyma Jahan is the main name of the company and the visionary that came up with the idea in first place.
Other important members are Paul Hodgson (data science), Maziat Sadri (product), Shawn McLean (architecture), Indika Piyasena (integration), Erica Blair (communications), Will Mekemson (outreach), Ryan Getz (creative), John Justus (research) and Meera Blair (operations).
The main advisors of the company are Sishir Varghese, Sam Marks, Karim Z. Kanji, Nikolay Savchuk, Henov Tekle and Nelson Chen.
Unification UND Token ICO Details
The UND tokens will be sold by the company starting in June, when the private sale starts. After that, the public Initial Coin Offering (ICO) will be in August. A total of a billion UND tokens will be sold, but the price will depend on the price of USD at the time and which token is used to buy UND coins.
This looks like a great company. By really integrating technology instead of trying to create new ones, it looks to us like this company is on the road to actually be very successful with its business and that you will not regret your decision if you decide to invest in Unification.