The world is changing and everything related is also adopting the new changes as well. We have moved through a lot of eras in the world dating back to so many years coming forth to this current 21st century. One major awesome change that has occurred recently is the growth of digital technology. Digital technology has expanded over the recent years with different and variant solutions provided to mankind. The previous things humans used to struggle to do has now changed and there are easy and convenient ventures to execute these new tasks. The charge applies to the world of health, messaging, calls, security, file storage and so much more.
One fascinating thing is that we give an oversight to is the basic blueprints of digital technology, the “data.” We use data in everything we do in the digital world. All tasks are built on codes that manifest in awesome variant ways. With the ever-growing ability of digital data, people then sought to store their data in a more secure and convenient way for easy retrieval and usage. This then led to the inception of cloud storage. This venture provided a better way of storing data, but that’s not all. The cloud storage has experienced its drawbacks as well.
Owners of data on the cloud storage always want a better and secure way of transferring their data to desired users, and the question becomes how they should do it. They then resort to third party platforms for assistance, but in the end these “trusted” third parties sometimes are storing data in the absence of explicit authorization, neglecting data privacy, and even engaging in data fraud in extreme cases. Find out more in the whitepaper
A REDEEMER IS BORN, THE UNIVERSAL LABS PLATFORM
Universal Labs seeks to use an amazing technology to provide solutions to the problems encountered in persona clouds. The aim is to use the Blockchain Technology to create a collection of benefits.
The Universal Labs platform will make available the Ubbey Network that shall harness the Ubbey Box coupled with the Blockchain initiative, the Ownership Protocol, to provide different benefits of cloud storage. With the Ubbey Box serving as the personal cloud storage, some functions to provide are backing up access to storage at anytime, connecting to a variety of devices and so much more. The protocol shall also permit the exchange of digital assets in a peer-to-peer manner. Find out more about the Ubbey Box in the intro video.
One may ask the benefits of these. These initiatives are to help people authenticate the originality of data and also facilitate easy storage, access and transfer. Blockchain Technology provides one of the best ways to create a publicly verifiable portal of every transaction. Hence, data owners no longer need to worry about how to claim the ownership of their digital asset. Universal Labs has got everyone covered.
Unboxing the Ubbey Box
HOW THE SYSTEM WILL FUNCTION
Universal labs will operate on the following algorithms;
The ownership protocol and the proof of storage
The ownership protocol as described above, will permit owners of digital data to claim the originality of their property. The proof of storage will also allow the provision of a blockchain-based storage platform. These two algorithm shall be orchestrated using the blockchain technology.
Universal labs has organized an ICO to accrue funds to propel the Ubbey Idea into fruition. Participants shall be rewarded with the YOU Tokens. Universal Labs has successfully ended the ICO. YOU tokens can also be used as the payment for sharing storage on the platform. To find out more about the token metrics, its prospects in the future on the platform, and its future forecast of value, join us at:
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