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Author Topic: 🇨🇳 UCN, chinese local cryptocurrency build on top of UBIC  (Read 163 times)
ubicorn (OP)
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September 17, 2018, 08:33:52 AM
Last edit: September 17, 2018, 08:45:39 AM by ubicorn
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Currency code: UCN
Total supply: ~ 237,925,088 (as of September 17, 2018)
supply rate: ~ 1,677,767,760 a year
Blocktime: currently 3 to 5 minutes, in future 1 minute
Block explorer: https://ubic.network/
Android app: https://play.google.com/store/apps/details?id=network.ubic.ubic


UCN is a cryptoUBI currency that is part of the UBIC blockchain.
It is a local currency that is intended to be mainly used in China.
Chinese citizen in possession of a valid passport are able to mint new UCN coins by scanning the NFC chip of their passports.

There are 2 methods to scan your passport:
Method n°1 using the android app
 - Open the playstore(https://play.google.com/store/apps/details?id=network.ubic.ubic) and install the app.
 - Go to register my passport and enter your passport number, date of birth, date of expiry. (These information are needed in order to read out the NFC chip content).
 
Method n°2 using a Linux computer with a NFC reader.
  - Install UBIC core from the source code https://github.com/UBIC-repo/core
  - Go to My UBI and follow instructions.
 
If you have a passport from another country you can visit the UBIC announcement thread and verify if your passport can be used to receive another UBIC currency.
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