Ubiq is a blockchain and cryptocurrency platform that aims to provide its users with improved stability and reliability over other blockchains. It utilizes a modified Ethereum codebase to power its decentralized ledger and virtual machine. Because it acts like a global supercomputer, the Ubiq blockchain allows businesses to create and perform thousands of automated tasks through the creation of smart contracts and decentralized applications. Ubiq is also built to allow older GPU hardware to mine its blockchain for several years to come without any significant issues. The Ubiq token will gradually decrease its inflation over the next 8 years to provide inflation consistency.
Ubiq (UBQ) is the digital asset of the Ubiq blockchain that serves as a peer-to-peer currency, transaction fee payment medium, and a store of value.