Technology Infrastructure

Bridging the gap between Blockchains and Legacy Systems

Blockchains cannot be stopped or censored. They are ubiquitous, verifiable, immutable, and usually accessible. Currently, cryptocurrencies are often slow to transact, costly to use, and don’t benefit from immediate and decisive transaction resolutions – and although they are poised to disrupt virtually every vertical within modern economic society, they can’t yet seamlessly co-exist with today's international financial infrastructure without considerable accommodations. A sophisticated hybrid model will be required (now and for the foreseeable future) to address the structural challenges facing all digital currencies. UBIQUICOIN has engineered just such a proprietary accommodation through its worldwide ecosystem based on an existing open-architecture transaction engine, one that has been operating and routinely enhanced over the last 16 years. Our transaction engine was designed specifically to serve the unbanked, underbanked, and small savers of the world, regardless of socio-economic strata or national origin. Reliant on several blockchains – two for coin management, and more for services and goods management – this transaction engine infrastructure will provide the ideal foundation for the growth and development of the UBIQUICOIN ecosystem.

Iamge Description

Massively Distributed High-Speed Ledger

Distributed across over 20 worldwide datacenters, the core of the hybrid system that will bring blockchain to existing global infrastructures is an ultra-fast financial transaction engine currently handling over 170,000 transactions per day in financial services sectors throughout the world. It is currently running at 1% of its capacity and supports fractional share trading to 9 decimal points. Systems like this will bridge the gap between blockchain technologies and the legacy systems currently dominant in the world's financial environments.

World-Wide Money Movement Protocols

Virtually all fiat movement solutions are supported on a world-wide basis: (1) Automated Clearing House; (2) Electronic Funds Transfer; (3) Wire Transfer; (4) Direct Deposit; (5) Cash Carrier Payments; (6) SWIFT Messaging; and (7) ATM and Debit Card access. Meeting the requirements of banks, thrifts, and financial institutions on a worldwide scale for money movement, remittance, and all associated international treaty, regulatory, and security requirements, our core system is already connected to over 4,700 banks, thrifts, credit unions, and financial institutions.

Direct Voting and Proxy Voting

Consensus mechanisms are an integral part of any truly democratized system. The management of mainstream fiat investment opportunities requires, under regulations the world over, that all participants holding assets in a given investment have some mechanism to vote on procedural matters that may affect the price and other characteristics of the investment, or those related to entities offering and managing the investment opportunity. Our hybrid system will provide time-tested mechanisms for consensus gathering that will easily extend to the blockchain environment for use with our ecosystem services.

Multiple Blockchain Integration

Our hybrid architecture will afford access to records on the blockchain for high-speed off-blockchain processing requirements. Though disruptive and potentially valuable to virtually all verticals, blockchain does not yet permeate fiat-related legacy financial services systems. Fiat systems are ultra-fast in comparison, so the migration of data from blockchain environments to fiat environments requires an ultra-fast fully-automated mechanism to bridge the gap – one that works in a bi-directional manner. Our systems, will not only read from the blockchain, they will put data into it via the blockchain's consensus mechanisms. Our systems are NOT an authority; consensus must still occur.

Highly Secure and Hardened Systems

The latest, and in most countries, the highest bit encryption algorithms will be employed in our hybrid architectures. Data movements are always performed through secure channels, via whitelisting and hardened VPNs. Our infrastructures will sit in heavily guarded data centers throughout the world; both systems technologies and human resources will be employed to guard our systems. Regular penetration testing, operating systems hardening, and encrypted data storage techniques will be utilized, while multiple layers of state-of-the-art network operations centers will constantly watch even the smallest of traffic.

Designed For All Socio-Economic Stratas

Over 170,000 blocks of data are being transacted daily though our hybrid systems and all of the blocks contain and manage fractional shares out to 9 decimal places, all in an effort to break over 73,000 world-wide investment opportunities into small enough units that investors from every socio-economic strata can transact in our systems. Every participant enjoys the same ultra-low price points received by every other participant; regardless of transaction size, number of transactions, or socio-economic standing. All participants are treated equally.

Bridging The Gap

As disruptive as blockchain is poised to be, it must first interact with existing legacy systems before it can replace them. Bridging the gap between the blockchain and legacy infrastructure will be a critical step.

Ultra-High Speed

UBIQUICOIN will utilize an ultra-high speed transaction engine that has already been serving the unbanked and underbanked for 16 years and was designed for secure integration with a virtually unlimited set of legacy systems.

Blockchain Integration

Our transaction engine currently supports over 4,700 legacy systems and is now connected to several blockchains (public and private).

Continuing To Serve

UBIQUICOIN’s mandate is to serve all socio-economic strata with the added visibility and decentralized nature inherent to the blockchain.