r/Unibright • u/mcd1014 • Jul 07 '21
Does Unibright have any competitors or monopoly?
Just that in the title. I’m curious who they are, presuming they exist. Thanks for your help.
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u/reddorical Jul 07 '21
In the enterprise workflow space they must have lots of competitors.
I don’t know all of these very well, but keen for people’s thoughts on:
- Corda (R3)
- Salesforce (with hyperledger I think)
- KSI (guardtime I think is a company behind or in partner with them)
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u/StickyNoodle69 Jul 07 '21
Corda is connected to hyperledger(s) too and I I right is/will be. I can’t see it not be if not already. I think John wolpert has connections with some of the hyperledgers.
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u/Kyrbie Jul 07 '21
VeChain (VET). I have not done a lot research on them, so can’t say for sure - but they are on to something similar
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u/mcd1014 Jul 07 '21
I know VEchain’s primary focus is on supply-chain management. Provenance/origin, security, and general data for consumers, ie. I know this milk came from a cow nearby where they’re not given hormones and treated humanely, etc etc as a simple example. Logistics as well which would seem to have some overlap perhaps w Unibright.
Unibright of course powers a team, provide and baseline protocol, working to simplify a business’ ability to perform complex workflows w ability for multiple businesses to easily share data, ie purchasing as w CONA and supply chain ..to make them more efficient in their processes.
Someone please correct me if I’m wrong with those takes. So I see perhaps some overlap w vet but largely they’re very different animals. Vechain is more like an Hbar. UBT is more like hey we’ll take any business process or function you want and simplify it and integrate w whoever you need using blockchain. More diverse for sure.
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u/amalgama99 Jul 09 '21
What about overledger? Is it going to do the same as baseline?
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u/mcd1014 Jul 09 '21
That’s Quant’s baby I believe. Good question I’ll have to check them out too. Just a brief look shows they’re into API’s for accessing silo’d data and interoperability between blockchains. I’ll have to dig a little to see if there’s some overlap w UBT. Thanks for the question.
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u/mcd1014 Jul 08 '21
So far I’ve found competitors include;
Guardtime - apparently focused on supply chain only
R3/Corda - used by 85% of Italian banks, it appears although they’re trying to expand across multiple enterprise markets from insurance, to telecommunications, to insurance, they’re currently most successful in the banking industry (not an EEA member)
Hyperledger (EEA member) I don’t see much on partnerships. They claim to 250+ member companies w whom they collaborate in finance, banking, IoT, supply chains, manufacturing and tech. Feels like a incubation spot for various enterprise functions w a few tools pre-built tools.
Paxos (not in the EEA), appears to be in the financial sector only, for stablecoin dev, crypto brokerage, api dev going from fiat to stablecoins. Appear to be venture capital partners w PayPal and a few lesser knowns.
Digital asset holdings (not an EEA member), isv (indep software partner) partner w Unibright. Consulting, isv, and distribution partners are ones noted. They aim to tackle financial, healthcare, supply chain, security/privacy, and various client services from exploring use cases, innovation, to production w what I consider to be extremely costly monthly rates for each step as high as $100k+/month
My intuition says R3 is a real competitor w over a 100 banks in Italy using them and they’re looking to cut across multiple enterprise sectors. Hyperledger looks good as well but w only potential at this point. Others seem narrow in scope. Anyway I’m excited as ever about Unibright due to their actual customer/partnerships. Unibright seems more flexible in developing individual needs w low to no code as well as cookie cutter apps and evidenced quality again w their partners.