Bit-Z Lists Ubique Chain of Things (UCOT)

Ubique Chain of Things (UCOT) trading on Bit-Z starts on March 29
28 March 2018   722

Bit-Z cryptocurrency exchange will list Ubique Chain of Things (UCOT). Deposit start time: 15:00 March 29, 2018 when rading starts at 15:00 March 30, 2018. UCOT/BTC and UCOT/ETH pairs will be available for trading.

About Ubique Chain of Things

Ubique Chain of Things (UCOT) is a structured ecosystem combining the latest Blockchain technologies with 5G telecommunication, which is designed for the next generation of smart IoT platform to solve critical issues on authentication, security and interoperability across supply chain and IoT networks. It can help businesses to address challenges with regards to device validation and authorization. It is also believed to protect the grid network while eliminating reliance on centralized administration.

UCOTUCOT

UCOT can enable different businesses and customers in the same supply chain to improve efficiency, lower operating costs, strengthen authentication, and protect data privacy by improving tamper-resistance and interoperability among the nodes across the supply chain.

More:

  • Website
  • Whitepaper

All the information regarding new tokens and coins which are hitting the markets and exchanges in 2018 you can see in our calendar.

Bakkt to be Launched in December

It is also reported that Goldman Sachs does not plan to create custodial cryptocurrency solutions based on the Bakkt infrastructure
19 October 2018   53

The expected launch of the Bakkt will take place on December 12 of this year. It is reported by The Block, citing informed sources.

Also, the material states that the investment bank Goldman Sachs does not plan to create custodial cryptocurrency solutions based on the Bakkt infrastructure. At the same time, the bank is considering the possibility of trading futures on a new platform.

In a recent Fortune interview with Bakkt, Kelly Lofler said that the cryptocurrency market is on the verge of a revolution comparable in size to the one that occurred on the energy market in the early 2000s.

Greater institutional participation in the digital asset markets requires secure and regulated custody solutions. We are impressed by BitGo’s product, unique services, and the management team. We view our investment in BitGo as an exciting opportunity to contribute to the evolution of this critical market infrastructure.
 

Rana Yared

Managing director, Goldman Sachs’ Principal Strategic Investments group

Bakkt is a cryptocurrency unit of the Intercontinental Exchange (ICE), which is the operator of the New York Stock Exchange. Giants such as Microsoft and Starbucks are taking part in creating of the new project, which is positioned as an “ecosystem for digital assets”.

The new platform will offer deliverable bitcoin futures to the market (unlike the settlement contracts for CBOE and CME, these are based on the underlying asset). The platform will support multiple fiat currencies.