do you need German translations for the UDE and UBIC ANN Thread?
PM me
Topic: 🇩🇪 UDE, german local cryptocurrency build on top of UBIC (Read 165 times)
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.Why do you have to use a passport? and are there countries that are prohibited from joining your project?
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
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?
Why do you have to use a passport? and are there countries that are prohibited from joining your project?
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.
Algo
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.
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.
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