BitUN made history by releasing the world’s first enterprise-level cryptocurrency cold wallet hardware on May 21st. The wallet boasts of a Secure Boot and Efuse mechanism in the hardware CPU which gives a secure experience to the user. This is combined with data encryption chips and the superb security level is recognized by licensed exchanges.
The high-tech wallet also provides features such as NFC and face/iris recognition for investors to forget their worries about security. It boasts of a multi-level approval process in the signature process. It has features like hot wallet encryption, hot and cold end separation, 7-fold multi-dimension signatures, multi-site and center encryption and delivery. This will be released in July.
The encryption storage solution will solve problems faced by cold wallet storage. At present, at least $100 billion of traditional institutional funds are waiting for the opportunity to enter the cryptocurrency market. BitUN will focus on cryptocurrency storage issues, and making it more convenient for traditional financial institutions and funds to enter the cryptocurrency market.
This entry into traditional industries will undoubtedly increase the size of the total market, which is beneficial for the health of the market as a whole. By this way, BitUN is contributing to the growth of the cryptocurrency market in a significant way.
The wallet solution is only one of the many features and services of BitUN. They also have amazing new services such as wealth management and are committed to building the best Blockchain private bank. The revolutionary new BitUN platform token BUC has the opportunity to squeeze into the billion-dollar club.
BitUN is a digital asset management application that functions on the high-performance HIGGS blockchain that ensures smooth functioning of business transactions.
The technical framework of the BitUN is based on the new and secure HIGGS blockchain. HIGGS blockchain boasts of an advanced tamper-resistance and traceability. This is augmented by its high-performance, low-latency transactions with lightning-fast confirmation.
What is BitUN bringing to the table for consumers?:
BitUN’s enterprise-level secure storage solution aims to bring in institutional investors to the market by providing a vault-like experience. BitUN sperates hot wallet encryption and stores multiple cold wallets in multiple places. This forms a multi-site and multi-center encryption signature scheme.
BitUN also makes use of technologies like multiple signals P2SH and financial privacy BIP32 for encrypted transmitting of all data. BitUN also created multi-sig algorithms such as rate limiting, address whitelisting, and webhooks.
Bit Union Coin [BUC]:
Bit Union Coin is a token with genuine use-case and utility that gives customers an amazing opportunity.
The BUC currency is a utility for various services on the BitUN network. It can be traded on major trading platforms. It can be used as:
- Issuance fees for following ICO projects
- Basic tokens for subscribing following ICO projects
- Fees for exchanges and ICO depository services
- OTC transaction fees
- Payment for extra services or VIP services
BUC can be bought at the rate of 1 BTC=80000 BUC. Out of the 2 billion BUC in circulation, 20% will be stored as a loss provision. The remaining BUC will be split as follows:
- Team incentive – 300 million BUC – 15%
- Marketing and operation – 500 million BUC – 25%
- Pre-sale – 400 million BUC – 20%
- Public sale – 800 million BUC – 40%
Out of the 15% reserved for incentives, 20% will be unlocked 3 months after the issuance, and once every 6 months. All tokens will be unlocked 5 years after issuance.
BitUN backs up its claims by showing progress. It has entered into partnerships with prominent companies assuring customers of the veracity of its claims.
BitUN has reached cooperation agreements with Coinsuper Exchange, Higgs Mining Hashpower Sales Service Platform, IOV Project Foundation and Ping An Security Group. BitUN has many significant partnerships. Some are:
The roadmap of the BitUN project is as follows:
To know more about BitUN click here.