Universa (UTNP)

Universa, the crypto

Universa (UTNP) is a blockchain protocol that aims to provide fast and secure transactions for businesses and individuals by utilizing a decentralized network of nodes. It was launched in 2017 by Alexander Borodich, a Russian entrepreneur.

The point

The main point of Universa (UTNP) is to offer a more efficient and cost-effective way to perform transactions, particularly for businesses. Its blockchain protocol enables the creation and management of smart contracts, which can automate various business processes and eliminate the need for intermediaries. This can save businesses time and money, while also reducing the potential for errors and fraud.

The problem

One problem that Universa (UTNP) tries to solve is the slow and expensive transaction process that is often associated with traditional payment methods. It also aims to address the issue of trust, as intermediaries such as banks and lawyers are often needed to facilitate transactions and ensure that they are carried out properly. With its blockchain protocol and smart contract capabilities, Universa (UTNP) seeks to provide faster, cheaper, and more secure transactions that can be executed automatically without the need for intermediaries.