Universa

U

Universa

Having a blockchain that is focused on flexibility of assets and documents flow (rather than on just the value transfer or dApp execution) opens a whole new range of possibilities – the blockchain can become a single place of trust throughout multiple business processes. And that’s why on June 3, 2021, during SPIEF forum, Russian State Geological Holding “Rosgeologiya” and Universa Blockchain signed a cooperation agreement for development of platform-based solutions. All the force of Universa Blockchain smart contract technologies will now power the integrated technology platform, responsible for maintaining the transparent history of geological assets. Of course there are many smart contract platforms that make it easy to tokenize some commodity, and, for example, enable some “digital gold” and “digital gas” be tokenized and tradable, bringing them conveniently into the economics. But with this all-encompassing solution provided by Universa, it now can go next level: it is not just the multitude of commodities being digitized at once, but even the multitude of geological assets yet on exploration phase, which can already be traded, invested into, lended (all of that – at whole or partially) – all of the financial instruments become available for the geo-asset since the first moment of this asset discovery. See full press release at lnd.im/2021UniRosGeo