In case you are new here, hello, my name is Leonida Gitonga, commonly known as Miss_Leone or just Leone. I always start off with greeting so, hey, I hope I find you well.
Now, in my past blog posts, I have been talking about myself and my most remarkable experiences. (Pass by those sometime).
Today however, I intend to handle a topic that is and has been an interest of mine for a while. Cryptocurrency.
I know… The transition is drastic but you might just like this idea as much as I do. I’m positive you will. Anyway, enough familiarizing. Let’s learn.
WHAT IS CRYPTOCURRENCY?
A cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control and create additional units and verify the transfer of assets.
This digital asset is only useful to its customers through a digital medium, program or service which stores public and/or private keys which are used to track ownership, receive and spend cryptocurrencies, called a cryptocurrency wallet.
A public key (mentioned above) allows for other wallets to make payments or transactions to the wallet’s address while the private key enables the spending of cryptocurrencies from your own address.
The decentralized control of each cryptocurrency works through a distributed ledger technology, that serves as a public financial transaction database. This distributed ledger technology is called a block chain.
To break it down for you further, a block chain is a growing list of records called blocks which are linked using cryptography. It is a time-stamped set of immutable records managed by many independent computers owned by many people and distributed all over the world. Each immutable record is tied together with many other records to form a block. Each block is secured and bound to each other using cryptographic code.
Block chain enables transfer of money without a trusted third party, without delays and without transactional fees.
Cost efficient, transparent, sustainable and pocket friendly. Guys, how cool is that!
The block chain invention was and remains a genius invention. Don’t you think?
It has allowed for digital information to be distributed but not copied and that is the backbone of a new type of internet.
It’s originally devised service Bitcoin was invented for digital currency, but the continually evolving technological community has found other potential uses for the technology and allowed for new, interesting and development oriented organization.
In the course of my research on everything cryptocurrency, I discovered a particularly impressive organization called UBRICA. Impressive because unlike other cryptocurrency companies that have emerged over time, UBRICA targets the wellbeing of every citizen while making available services and contributing to the overall developmental plan of our country, Kenya, and the universe at large. I am humanitarian and the sound of better living conditions makes me smile involuntarily.
What is Ubrica all about?
Ubrica is a lifescience and health production organization that uses Ubricoin (UBN) as its currency to support its projects. Ubrica developed Ubricoin on block chain to serve as a platform devoted to improving health for all. (Remember that overall wellbeing plan for all I talked about a while back, this is it…HEALTH!)
It is a life science and health production organization that sponsors investments in;
Life science comprising pharmaceutical and medical devices.
Fully integrated health production by building sustainable one health communities involving people co-operating in a retail network combined with health delivery systems.
And specialized real estate for life science and global health production.
UBN will therefore be used to achieve universal health and therefore global health. Ubrica will develop the health industry and create market intelligence through a cryptocurrency reward system that will inspire positive contribution to health improvement around the world. Ubrica will use a smart review system to reward customers for positive health behavior. Educators at all levels of education, researchers and practitioners at all levels will receive rewards for excellence, quality of work and positive contribution to society.
How incredibly visionary is this? Very!! Isn’t it?
Well, in case you thought I said it all, you are not prepared for the mind-blowing discoveries I have made. The company has been making step by step initiatives, taking part in, and actually facilitating services and labor to reach the global health dream we all have been talking about, and you probably have no idea about the intelligence behind it.
Be sure to check my next post. We shall be identifying what health issues affect us directly or indirectly and how Ubrica Intends to mitigate them all.Meanwhile, you can check out the following social media handles for more insight on the same. Twitter @UbricaKe; Ig @Ubrica_ke; YouTube The Ubrican; website, https://ubricoin.ubrica.com/