About Universa Blockchain

Universa provides a blockchain protocol that enables over 20,000 transactions per second with significantly lower costs compared to traditional blockchains like Bitcoin and Ethereum. It addresses the inefficiencies of slow and expensive transactions by offering a customizable platform for real-time smart contracts and decentralized applications.

```xml <problem> Existing blockchain solutions often suffer from slow transaction speeds and high costs, hindering their usability for real-time applications and high-volume transactions. Current smart contract implementations can also be complex and inefficient. </problem> <solution> Universa offers a blockchain protocol designed for high-speed, low-cost transactions, enabling real-time smart contracts and decentralized applications. The platform achieves significantly higher transaction throughput compared to traditional blockchains like Bitcoin and Ethereum. Universa's architecture aims to provide a customizable and scalable solution for businesses seeking to leverage blockchain technology without the limitations of existing systems. The protocol supports the creation of applications and blockchains with simple integration, low transaction costs, and efficient smart contract execution. </solution> <features> - High transaction speed, capable of over 20,000 transactions per second - Low transaction costs compared to Bitcoin and Ethereum - Simple protocol for application and blockchain creation - UTN digital asset for real-time contracts and applications - Support for real-time global payments - Multisig and escrow functionality - Offline transaction support - Compatibility with Android devices via a light client </features> <target_audience> The primary target audience includes enterprises and developers seeking a fast, scalable, and cost-effective blockchain platform for various applications, including real-time payments, smart contracts, and decentralized applications. </target_audience> ```

What does Universa Blockchain do?

When was Universa Blockchain founded?

Universa Blockchain was founded in 2017.

How much funding has Universa Blockchain raised?

Universa Blockchain has raised 28000000.

Founded

2017

Funding

28000000

Employees

10 employees

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Universa Blockchain

⚠️ AI-generated overview based on web search data – may contain errors, please verify information yourself! You can claim this account with your email domain to make edits.

Executive Summary

universa.io 300+

Crunchbase

Founded 2017

Funding

Estimated Funding

$20M+

Team (10+)

No team information available.

Company Description

Problem

Existing blockchain solutions often suffer from slow transaction speeds and high costs, hindering their usability for real-time applications and high-volume transactions. Current smart contract implementations can also be complex and inefficient.

Solution

Universa offers a blockchain protocol designed for high-speed, low-cost transactions, enabling real-time smart contracts and decentralized applications. The platform achieves significantly higher transaction throughput compared to traditional blockchains like Bitcoin and Ethereum. Universa's architecture aims to provide a customizable and scalable solution for businesses seeking to leverage blockchain technology without the limitations of existing systems. The protocol supports the creation of applications and blockchains with simple integration, low transaction costs, and efficient smart contract execution.

Features

High transaction speed, capable of over 20,000 transactions per second

Low transaction costs compared to Bitcoin and Ethereum

Simple protocol for application and blockchain creation

UTN digital asset for real-time contracts and applications

Support for real-time global payments

Multisig and escrow functionality

Offline transaction support

Compatibility with Android devices via a light client

Target Audience

The primary target audience includes enterprises and developers seeking a fast, scalable, and cost-effective blockchain platform for various applications, including real-time payments, smart contracts, and decentralized applications.