Ulord is a peer-to-peer value transfer blockchain that enables third party developers to create independent decentralized applications. It enables the interactions of digital resources creating a complete Dapp and blockchain ecology. The platform utilizes its own rules and protocols to help load different digital application scenarios. The platform is operated by the Ulord foundation based in Singapore.
Ulord further features:
Multi-sidechain technology - Allows transfer of digital assetsShow more [+] en different chains, easy integration of technology, issues its own token and helps combine and execute smart contracts.
Mixed consensus mechanism - This platform uses PoS and PoW consensus mechanism. Users who provide storage and bandwidth to the platform receive UT coins as a reward.
Master node system - Ensures network stability. Those with masternodes have the rights to vote for development projects of the platform. They also act as infrastructure for the networks within this system.
Other features include decentralized storage system, AI algorithm and smart contracts. UT is utilized as the currency to run operations on Ulord. It is a coin that is not premined and is listed on Lbank and Kucoin exchanges. It has a total supply of approximately 141 million tokens.
Ulord founding team comprises of Dam Woods, the CEO and Kwuaint Li the CTO among others. It has a team of research and development led by 10 individuals with Phds and about 50 experts with experience in programmimg, algorithm engineering, cloud computing, finance and management.