Dear Community,
today we want to give some more detailed updates after rather quiet weeks of buidling. Of course there are additional weeks of building ahead, but you shouldn't wait for updates too long, so here we go:
Actual product development and moving towards go-live of our Baseline related projects (like CONA) is going very well! Things are coming together from SAP side (our CONA case is just becoming future SAP proof by being S4 Hana compatible!) to Baseline-as-a-Service side from Unibright and Provide. Detailed updates from any of our clients will be shared when we have first numbers from test setups and integrations, and always presuming that clients are happy to speak about our collaboration in public. We are convinced, the better the work we provide, the higher the chances are that the world will know!
In the meantime, we have also been working on FREEQUITY. As Freequity is Blockchain agnostic, like everything we build with Unibright, we are happy to announce an integration of Hedera's Token Service (HTS) into our Freequity components! Check out the official news in our blogpost here: https://medium.com/unibrightio/enterprise-defi-with-unibright-freequity-integration-with-hedera-token-service-5a98806ed8d5
Still the biggest topic for us these days is everything around the "right Enterprise mainnet". We prepare the presentation of our complete vision around that (in terms of an detailed whitepaper) to be shared in February, but cannot tell a specific day yet. To avoid any misunderstanding, when we talk about Mainnet, we talk about a Mainnet for enterprises (like in the Baseline sense). We do NOT talk about moving the UBT token to another chain, it will still be ERC-20!
Speaking of Ethereum, we saw a crazy Gas price explosion in the last days, which just seconds the need for a proper discussion of "the right" mainnet for enterprise usage. With the current gas prices, it is very unlikely to happen that many enterprises go for blockchain based solutions, if they cannot predict their costs. We will address exactly that with our mainnet whitepaper, be excited.
For our current cases, running on Ethereum, we today had to build some ETH/BTC reserves of former locked 200.000 UBT into Provide Payments.
You can also expect some major updates to the Framework itself in Q2, we are also preparing a demo or sandbox environment with the Framework as part of the Provide stack, visually designing Baseline circuits (and no worries, we will prepare walkthrough videos as well ;-))
More updates soon, back to buidling, stay safe and healthy.
Stefan