Difference between Ubricoin and Bitcoin

Ubricoin
2 min readJul 11, 2018

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Ubricoin: UBRICA creates a blockchain to be the fundamental answer to global health. Ubricoin is a cryptocurrency built on Etherium blockchain. Ubricoin a peer-to-peer Internet currency that will enable payment to anyone in the world to facilitate global health. We will use the coin to support, design development and implementation of Ubrica project. Ubrica project involves building capability for high quality life-science and health-production (LSHP) in Africa. The physical project is housed in Kenya. The project will create in Kenya a node for a highly advance biomedical research and development and highest quality health care services. The project will ensure sufficient funding for discovery of solutions to most vexing health problems in the world emerging from the African continent.

Bitcoin:is a cryptocurrency, a form of electronic cash.[8] It is the first decentralized digital currency: the system was designed to work without a central bank or single administrator.

Many economists and investors consider the bitcoin market to be a bubble. Bitcoin has also been criticized for its use in illegal transactions, its high electricity consumption, price volatility, and thefts from exchanges.

Bitcoins are sent from user to user on the peer-to-peer bitcoin network directly, without the need for intermediaries. These transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain. Bitcoin was invented by an unknown person or group of people using the name Satoshi Nakamoto and released as open-source software in 2009.

Bitcoins are created as a reward for a process known as mining. They can be exchanged for other currencies, products, and services. Research produced by the University of Cambridge estimates that in 2017, there were 2.9 to 5.8 million unique users using a cryptocurrency wallet, most of them using bitcoin.

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