{"id":192525,"date":"2021-03-02T22:40:00","date_gmt":"2021-03-02T19:40:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/unibright-ubt-price-soars-after-defi-staking-and-enterprise-level-partnerships\/"},"modified":"2021-03-02T22:40:00","modified_gmt":"2021-03-02T19:40:00","slug":"unibright-ubt-price-soars-after-defi-staking-and-enterprise-level-partnerships","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/unibright-ubt-price-soars-after-defi-staking-and-enterprise-level-partnerships\/","title":{"rendered":"# Unibright (UBT) price soars after DeFi staking and enterprise-level partnerships"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a4184236015b\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a4184236015b\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/unibright-ubt-price-soars-after-defi-staking-and-enterprise-level-partnerships\/#Enterprise-level_blockchain_need_privacy\" >Enterprise-level blockchain need privacy<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/unibright-ubt-price-soars-after-defi-staking-and-enterprise-level-partnerships\/#Partnerships_point_toward_growing_demand\" >Partnerships point toward growing demand<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/buradabiliyorum.com\/en\/unibright-ubt-price-soars-after-defi-staking-and-enterprise-level-partnerships\/#Record_trading_volume_and_DeFi_exposure\" >Record trading volume and DeFi exposure<\/a><\/li><\/ul><\/nav><\/div>\n<p>&#8220;<strong># Unibright (UBT) price soars after DeFi staking and enterprise-level partnerships <\/strong>&#8221;<\/p>\n<div class=\"post-content\" data-v-5a136f3a>As Bitcoin (BTC) and Etheruem (ETH)\u00a0 gain legitimacy in top financial circles that will eventually help digital currencies mainstream, projects that offer enterprise-level blockchain solutions are also gaining attention from the corporate sector and investing class.<\/p>\n<p>Sold as one of the next technological breakthroughs that will revolutionize the current digital landscape and usher in a new era of decentralization, businesses and corporations have already shown immense interest in how blockchain <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" data-internallinksmanager029f6b8e52c=\"4\" title=\"Technology\" target=\"_blank\" rel=\"noopener\">technology<\/a> can be integrated into their operations to help save money and increase efficiency. <\/p>\n<p>One project that has a focus on enterprise-level blockchain solutions is Unibright (UBT), which has seen its price grow more than 350% in 2021, going from $0.39 on Jan. 1 to an all-time high of $1.72 on Feb. 19. <\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2021-03\/12ec9889-19a0-4382-ab86-2739970ede2f.png\"><figcaption style=\"text-align: center;\"><em>UBT\/USD 4-hour chart. Source: <\/em><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\/\"><em>TradingView<\/em><\/a><\/figcaption><\/figure>\n<p>Three reasons for the recent breakout in the price of Unibright (UBT) are the release of its enterprise solution Baseledger, big-name partnerships that have proven real-world use, and increasing trading volumes taking place as the result of DeFi integrations and tokens begin to be removed from circulation.\u00a0<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Enterprise-level_blockchain_need_privacy\"><\/span>Enterprise-level blockchain need privacy<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Unibright was originally developed with the goal of bringing blockchain technology and contracts to the business sector by offering enterprise-level solutions that take into consideration the privacy needs of companies that cannot have all of their operations conducted on a public ledger. <\/p>\n<p>The project is part of Baseline Protocol, an open-source initiative that is designed to connect traditional systems together and notarize data on public mainnets like Ethereum (ETH). This is done by combining advances in cryptography and messaging with blockchain in order to deliver secure and private business processes at a low cost.<\/p>\n<p>On Feb. 25, Unibright <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/UnibrightIO\/status\/1364923278855438346\">released<\/a> a whitepaper for Baseledger, which is described as offering \u201ca public, council-governed blockchain\u201d that utilizes a proof-of-stake consensus mechanism that &#8220;enables low and fixed costs, high and guaranteed performance, data privacy compliance, multi-chain-coordination and off-chain integration by design.\u201d<\/p>\n<p>According to the project\u2019s website, enterprises will use UBT tokens to access blockchain-based business integration products and workers will be able to stake the token in order to earn rewards for doing work on the network, such as node operation and deployment. <\/p>\n<h2><span class=\"ez-toc-section\" id=\"Partnerships_point_toward_growing_demand\"><\/span>Partnerships point toward growing demand<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Unibright\u2019s recent partnerships and integrations have also been a source of optimism as the project has big-name companies like Coca-Cola now looking to integrate blockchain solutions into their vast supply chains. <\/p>\n<p>On Feb. 23 it was announced that CONA services signed a partnership with Salesforce for real-time tracking. CONA Services provides IT services for all Coca-Cola suppliers and bottlers, and was also revealed to be partnered with Unibright in August 2020 in an effort to develop enterprise blockchain <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>lications that created a \u201cCoca-Cola Bottling Harbor.\u201d<\/p>\n<p>At the most recent earnings call for Coca-Cola, chairman and CEO James Quincey detailed how their bottling investment group helped to further improve operating margin performance. <\/p>\n<p>Integrations with companies like Salesforce and Coca-Cola are a foothold into gaining access to a wider market as more companies learn how blockchain implementation can help in reducing operating costs and improving efficiency. <\/p>\n<h2><span class=\"ez-toc-section\" id=\"Record_trading_volume_and_DeFi_exposure\"><\/span>Record trading volume and DeFi exposure<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Trading volume for UBT surged from an average of $3 million per day to more than $18 million on Feb. 19 as its price established a new all-time high when the first <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/UnibrightIO\/status\/1362416470131630088\">teaser<\/a> about the upcoming release of the Baseledger whitepaper was announced. <\/p>\n<p>Following the initial surge, trading volume pulled back to a daily average of $5 million but this is noticeably higher than the prior weeks.<\/p>\n<p>UBT has also benefited from integrations with popular decentralized exchanges such as Uniswap and it was most recently <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/UnibrightIO\/status\/1366105176889778181\">added<\/a> to QuickSwap exchange, a layer-2 DEX built on Polygon (MATIC).<\/p>\n<p>UBT rallied by 40% after the QuickSwap listing on Feb. 28 and now that an increasing number of tokens are being removed from circulation and locked into DeFi liquidity pools, investors expect the price to rise higher.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/unibright-ubt-price-soars-after-defi-staking-and-enterprise-level-partnerships\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Unibright (UBT) price soars after DeFi staking and enterprise-level partnerships &#8221; As Bitcoin (BTC) and Etheruem (ETH)\u00a0 gain legitimacy in top financial circles that will eventually help digital currencies mainstream, projects that offer enterprise-level blockchain solutions are also gaining attention from the corporate sector and investing class. Sold as one of the next technological&#8230;<\/p>\n","protected":false},"author":1,"featured_media":192526,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDMvMzdkOTMyOGMtZjdlNC00ODgzLThjNDQtYmFhMDQ5ZjgyMTQ0LmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74867,88119,74894,74863,74860,74876,75568,73785],"class_list":["post-192525","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-altcoin","tag-altcoin-watch","tag-blockchain","tag-cryptocurrencies","tag-cryptocurrency-exchange","tag-proof-of-stake","tag-supply-chain","tag-markets"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/192525","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=192525"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/192525\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/192526"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=192525"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=192525"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=192525"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}