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UniChain Fourth Generation Blockchain Platform Enhances DeFi Ecosystem

UniChain, is developing the cryptocurrency technology capable of supporting cutting edge applications, to enhance DeFi sector.<br>

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UniChain Fourth Generation Blockchain Platform Enhances DeFi Ecosystem

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  1. UniChain Fourth Generation Blockchain Platform Enhances DeFi Ecosystem UniChain, is developing the cryptocurrency technology capable of supporting cutting edge applications, to enhance DeFi sector. According to a press release by NewsBTC, UniChain opens new frontiers to Blockchain technology easing out DeFi operations. UniChain is developing the cryptocurrency technology capable of supporting cutting edge applications. UniChain is a highly scalable blockchain infrastructure underlying the UniWorld ecosystem. Moreover, it is a fourth-generation blockchain with improved transparency, transaction processing abilities. This makes it suitable for all DeFi solutions. 50K Wallets Registered on UniChain UniWorld released its complete stock of UNW tokens in minutes, at ICO. Uniworld introduced its digital currency, UniCash, or UNW, at ICO. As Registration ​opened​, 1000s of novel users from 141 countries signed up for their individual Uni accounts. It had intended to launch its ICO in a few chosen countries. However, it soon changed its plans for a global release. Further, the global release has few exceptions. Approximately 50,000 wallets are registered on UniChain, recently. This proves to be a considerable number. Every new wallet comes with 0-5 UNW free of cost. Therefore the revenue stream of Uni’s software products carries the cost. Handling Million of Transactions per Second The application of multi-side-chain characteristic makes UniChain a handy blockchain protocol. Further, it can seamlessly verify transactions between multiple sidechains and other blockchains. Additionally, it also utilizes an innovative blend of DPoS and Hotstuff consensus mechanisms. This optimizes data exchange over the network. Thus, it reduces network security, scalability, and

  2. blockage and high computation power requirements, currently disrupting other blockchain networks. As a result, UniChain can handle up to a million transactions per second, which are analogous, if not better than the VISA and MasterCard networks. Read More: https://cryptodose.co/unichain-fourth-generation-blockchain-platform-enhan ces-defi-ecosystem/

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