Introducing UPCX, the next-generation open source blockchain platform
that brings unprecedented freedom, convenience and security to financial transactions.
Let’s take a look at some of the unique features of the UPCX platform.
Feature one — named accounts.
Unlike the long, hard-to-remember and easily mistyped alphanumeric addresses used by conventional blockchains,
UPCX account addresses can be an email address, telephone number or any other string of characters that is easy for the user to recall.
Feature two — market-pegged assets.
UPCX allows users to issue stablecoins or other assets whose value is pegged to fiat currencies, cryptocurrencies or commodities.
All UPCX-issued assets can be easily accessed from the user’s wallet app.
In addition to transactions in which both parties are using the same currency or asset type, UPCX also supports cross-currency transactions.
Feature three — high throughput.
With stable throughput capacity of up to 100,000 transactions per second, UPCX is fully competitive with other cryptocurrency platforms.
And with sharding, capacity can be scaled up even more.
Feature four — mobile payments, and recurring and scheduled payments.
The UPCX blockchain supports bidirectional functionality. This enables mobile payments to be initiated by either the payer or the receiver
— by displaying a QR code on a digital device or by scanning a QR code in a store. In addition, UPCX also supports recurring and scheduled payments for utilities and services.
Feature five — NFC payments.
NFC payments can be made by installing the UPCX application on an NFC-enabled smartphone.
Since payments are made via NFC, they can even be made in remote areas with poor cellphone reception.
Feature six — escrow.
For business transactions that require the use of escrow,
UCPX Smart Contracts eliminate the need to set up a third-party escrow account with a bank or legal firm. This reduces costs, potential language problems and the risk of third-party bias.
Feature seven — multi-signature approvals.
For added security, transactions can be set up to require the endorsement of multiple family members or individuals within a company.
In addition, different levels of endorsement authority can be defined for each of the co-signing parties.
Feature eight — interoperability.
UPCX is fully interoperable, and enables users to make payments using tokens issued by other platforms.
Feature nine — hardware wallets.
While online wallets are convenient for small-value transactions, a UPCX hardware wallet offers greater security for handling and safeguarding substantial assets.
Taking the form of a contactless card, it is compact enough to be easily carried in a conventional billfold or wallet,
and can be activated via NFC simply by tapping it against the user’s smartphone.
Feature ten — electronic ticketing.
The UPCX platform can also be used to issue tickets for sports events and concerts.
In addition to preventing unauthorized resale,
this also allows users to make direct donations to their favourite players and artists, and earn special awards such as NFTs and live performance videos.
Feature eleven — post-quantum cryptography.
Recent advances in quantum computing technology have led some people to question whether cryptocurrencies can ever really be secured against hacking attacks.
At UPCX, we are continuously developing and implementing quantum-resistant cryptographic algorithms
to protect the platform from the threat posed by advanced quantum computing and supercomputing technologies.
Offering unprecedented freedom, convenience and security,
UPCX is truly the blockchain platform of the future.
Welcome to the binancial world.
UPCX