PR: Universa Blockchain Project CEO Alexander Borodich and Yellowrockets Are Launching the World's First Decentralized Blockchain Accelerator – Press release Bitcoin News


PR: Universa Blockchain Project CEO Alexander Borodich and Yellowrockets Are Launching the World's First Decentralized Blockchain Accelerator

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The founder of Universa Platform Alexander Borodich has announced the start of recruitment for the Universa first blockchain accelerator.

YellowRockets team will be responsible for organizing and managing the accelerator, which will be a meeting point for startups that use blockchain technology in their projects, and blockchain industry experts. The startups will get an investment opportunity, along with the chance to meet specialists in the area. Experts will be able to address real market challenges with a full access to the Universa Blockchain Platform tools for solving them.

“Since blockchain technologies are highly popular now, investors, along with consumers, show interest in developments based on these technologies. However, although blockchain is on the rise now, startups still may face some common mistakes. Acceleration can speed up projects development and enhance their attractiveness on the market,” Alexander Borodich says.

Accelerator will be held in 3 phases. First, applications should be submitted till 10th of November on Then, PreCamp will be held, at BAZAAR Tech Convention in Sochi, November 16-19. After that, Russia’s best blockchain startups will be directly involved in the work of accelerator.

Alexander Borodich launched Universa Protocol and Blockchain Platform with the idea to create business applications to tackle the tasks of the real sector of economy. The platform provides a gateway for services to automatically accept any input documents and give out standard output documents based on the rights and conditions of the smart contracts’ logic. At the same time, Universa does not produce any crypto currency.

The advantages of the platform are as follows.

Conducting 22,000 operations per second. If compared, Ethereum conducts 15 operations per second, and Bitcoin speed is 3 – 6 transactions per second;
Transaction cost is very low, ten times cheaper than those in Ethereum;
API is simple enough to be easily integrated with the current business processes;
It can be used in various spheres, from electronic access keys to the direct bank transactions.

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22, Alexander Borodich, operations, Smart Contracts, Startups, Universa

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