The purpose of this whitepaper is to present a summary of Ubricoin as a utility token for global health and for building incentives for excellence in education and health production. The information set forth below may be changed for any reason, may not be exhaustive and does not imply any elements of a contractual relationship. Although Ubricoin holders have a claim to the coin and access to the Ubrica ecosystem they are not entitled to any dividends or other revenue. The sale and purchase of UBN coin is governed by the Terms of Sale available on Ubricoin website (ubricoin.ubrica.com). The price of the coin will largely be controlled by the action of the coin holders. The owners of Ubricoin are granted an opportunity to contribute to the larger systems facilitating excellence in education and production of health. This whitepaper’s sole purpose is to provide relevant and reasonable information to you in order for you to determine whether to take part in Ubrica Project by acquiring Ubricoin.
This is the second version of the white paper. This version contains material revisions of previous version dated June 1, 2018. The revisions are occasioned by deeper understanding of use of blockchain in global health space, and the implication of token economy in a global health ecosystem. This second version contains indepth explanation of the token economy created by Ubricoin. The version contains an explanation about how Ubricoin will work as a utility token.