🇩🇪 UDE, german local cryptocurrency build on top of UBIC

[ubicorn]

Currency code: UDE
Total supply: ~ 14,266,113 (as of September 17, 2018)
supply rate: ~ 100,599,840 a year
Blocktime: currently 3 to 5 minutes, (will decrease to 1 minute).
Block explorer: https://ubic.network/
Android app: https://play.google.com/store/apps/details?id=network.ubic.ubic


UDE is a cryptoUBI currency that is part of the UBIC blockchain.
It is a local currency that is intended to be mainly used in Germany.
German citizen in possession of a valid passport are able to mint new UDE 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.

[olkah]

Algo

[ubicorn]

Algo

It can not be mined, you can create new coins by scanning your NFC chip.
The NFC chip of your passport contains a digital signature issued by the government and it is this signature that allows you to generate new coins as a form of UBI.

[gobisirom]

Project UDE is a cryptoubi currency but I want to ask
Why do you have to use a passport? and are there countries that are prohibited from joining your project?

[ubicorn]

Project UDE is a cryptoubi currency but I want to ask
Why do you have to use a passport? and are there countries that are prohibited from joining your project?

The passport is a very secure and cheap way to prevent a sybil attack.
Not all passport are supported and this is due to technical reasons.
Take a look at the UBIC announcement thread to see what passports are supported

[Mojotastic]

do you need German translations for the UDE and UBIC ANN Thread?
PM me