Getting the UbiNET Inc. brand going has had a very low priority till now, over the next few months we will be focusing on a number of activities to establish brand identity and brand equity #brandequity#UbiNET#blockchain#IoT#IoT3#ThingCoin#cryptocurrency#crypto
One of the essential requirements for the IoT is integrated and distributed networks, until recently the only way possible to deliver this was either in cities with their high fidelity infrastructure or on a peer-to-peer mobile network using 4G. With the inception of recycled infrastructure by companies like Huawei and the deployment on 5G in 2020 cities cease to afford the benefits required to absorb the huge costs of their use.
They create centralization of people and resources however they also drive costs as often space is insufficient for demand. There is a huge dependency on the need for workspace, shops and local living accommodation.
Lets not buildSmart Cities, lets Live Smart instead
In a #SmartEconomy with people engaged in #SmartLiving people rely on digital communications not face to face engagements. Unless direct physical contact with another person is required for your job you don’t need to be physically present. Most work can be distributed to multiple locations across the planet. Even specialist surgeons can now work remotely and have been doing so for some time, even surgery can now be done through a physical / virtual interface.
The cost of creating Smart Cities is huge and relates to infrastructure for jobs and services that won’t be required in the mid term, they will not make a profit and may even not cover their cost of creation and installation.
The Smart solution is a distributed model not a centralized one
Creating these types of services takes a huge investment and without the confirmation of a captive customer base, it should be interesting to see how capital can be raised and who will take this risk.
The UbiNET Platform is built up from several propositions that each hold a key relationship ecosystem. UbiNET is designated a planet wide system as its architecture is designed for any planet and an in-transit mode for between planets.
UbiNET Platform – Blockchain data management of unique id in ThingCoin
UbiNET-c-Token – Corporation (Business) Cryptocurrency that issues ThingCoin’s
UbiNET-p-Token – Person (Individual) Cryptocurrency that issues ThingCoin’s
ThingCoin – Data description of micro-sensor embedded in everything
UbiNET – Planet data token
While the system has been defined using the constructs of blockchain and cryptocurrency they are just the enablers of a complex data system with millions of products and services from full lifecycle recycling to personal security and most importantly personal privacy.
UbiNET Open API Marketplace
UbiNET Inc. will be setting up some of the initial data products for participants but will also establish an open API marketplace for developers to access non personally identifiable data and personal open API for individuals to choose who can access their identification and their transaction details.
UbiNET Asset Sale
In 2018 we will be releasing 200 UbiNET-c-Token at a fixed asset price of $500,000 each given what the do in UbiNET this is a bargain. The money raised will be used to build the first fully functioning UbiNET this is costed as being $100,000,000. At this point the asset sale is set to be in Fiat (USD) to enable businesses to get the Token.
If you would like sign up for one of the 200 coins being offered in 2018
Initial Coin Offerings
We will not be involved in Initial Coin Offerings (ICO) as cryptocurrencies are not being used for speculation in UbiNET but for identification and transaction confirmations.
As part of the platform development process for #SmartLiving UbiNET Inc. has launched two cryptocurrencies the ThingCoin and UbiNET Token. The two currencies work together within the platform to both secure identity and enable transactions.
UbiNET Token is the user access token for the UbiNET platform and ThingCoin is the transaction currency within UbiNET.
We have only issued a limited number of access tokens and transaction coins at this point to test the ecosystem and evolve a number of market propositions, say’s CEO and Chief Scientist Karl Smith
The UbiNET platform is reliant on several technologies including, micro sensors that use ambient power, blockchain, cryptocurrencies, 5G and artificial intelligence as defined in the Open Network Ecosystem Protocol patent and won’t launch until they are all aligned.
We have not ruled out an ICO to create the funding for a city state test of UbiNET but we want to be sure that investors gain a benefit before we move in that direction, we are reviewing several funding options at this stage but will continue to use our consultancy profits until real value can be offered to investors, say’s CEO Karl Smith
Last week Paradigm Interactions Inc. created a new subsidiary UbiNET Inc. set up as a stock corporation to support several funding rounds to deliver it’s global technology, data and service platform. This change in strategy is due to an over subscription for Series A investment which has created a focus on investors outcomes.
The formation of UbiNET Inc. will have no immediate impact on staffing and facilities but it is intended to focus R&D on the open network ecosystem protocol already filed at USPO.
The CEO of Paradigm Interactions Karl Smith described this change as “it’s fundamental that we have the business structures in place to enable investors to have clarity around their participation” further “having worked in global M&A and with VC funded start-up’s, I recognise that a good idea needs to be supported by and understanding of how to facilitate investment, engagement and exit”.
Karl Smith is an inventor of open network UbiNET which he has patented and a holistic transformation consultant more involved with how humans have to deal with technology than the technology itself. Karl Smith is also former Global Head of Mobility User Experience at Accenture and Partner (founder), Global Head of Digital Design at Wipro Digital, current Chairman of the Human Centered Design Society and has relaunched or launched Design as a USP in several global enterprises.
Karl has always been fascinated by how technology can augment the lives of humans, his desire was not to build things that humans already do but to find out how technology could evolve all human experience. He is still looking for the Gene Roddenberry future today where humanity pulls together and projects all of us the next stage of evolution. Transformation is at core of this evolution; he’s highly engaged in Ubiquity or the IoT as it is a gateway point.