Universal Labs
May 30, 2018 · 4 min read
Ubbey Box on Fox Business

The Consensus conference in held New York saw a record attendance with more than 7,500 people attending. As one of the largest blockchain conference globally, Consensus have gathered many blockchain and crypto-enthusiasts to share their knowledge and learn from each other. Universal Labs founder Keda Che was invited to go on Fox Business to share his vision and how Universal Labs is disrupting the cloud storage space during this NYC Blockchain week.

(Video: http://video.foxbusiness.com/v/5786846695001/?#sp=show-clips)

Universal Labs founder Keda Che went on to the Fox Business “Countdown to the Closing Bell”, and discuss with anchor Liz Claman about how Ubbey Box is going to compete against Dropbox and Apple’s iCloud during the final hour of trading on Wall Street.

Universal Labs is building a blockchain solutions designed to facilitate digitalization of asset ownership and making it transferable through the help of Ubbey Network and the Ownership (OWP) protocol. Ubbey Network is powered by Ubbey Box, our blockchain personal cloud device that also act as a node in the network.

Keda Che and Liz Claman

Ubbey Box is the first decentralized personal cloud powered by blockchain. It has 2 functions: firstly, it can be used as a private dropbox — users can upload their files or other content using their Ubbey Box and access it from everywhere. Secondly, it can also be used as a mining machine to mine YOU token, which will be rewarded to users when they contribute their storage space to the Ubbey network.

The YOU token within the Ubbey ecosystem acts as an incentive which encourage users to contribute their storage to the network so that other users could better utilized the idle storage.

With Ubbey Box on hand, users could free themselves from the iCloud with more secure protection. Ubbey Box provide a different layer of security to the system. A centralized system like Apple Cloud may face some problems such as hacking and content missing, while Ubbey Box is decentralized so that it is much harder for hackers to hack every single nodes.

Universal Labs create the Ubbey Box not only for the blockchain professionals, but also for average consumers who are not blockchain enthusiasts, we aims to provide a product powered by blockchain that everyone can use and through that experience blockchain technology.

Among all powerful competitors such as Intel, google, Cisco, Apple, Amazon and Microsoft, Keda Che is confident that Ubbey Box will be a killer to Dropbox.

“Technology evolved every year. If companies don’t adopt to the new technology, they may fail later. So we are confident with the blockchain technology and solutions, we may provide something new and people will love it.”

Universal Labs now based in Hong Kong, with manufacturing done in Shenzhen, mainland China.

The Ubbey Box is now under pre-order stage, and could be order from Universal Labs’ official website, with 1TB for $199.00 and 2TB for $249.00 two options.


ABOUT Universal Labs

Universal Labs is building a blockchain solutions designed to facilitate digitalization of asset ownership and making it transferable through the help of Ubbey Network and the Ownership (OWP) protocol The Ubbey network is the first decentralized cloud ecosystem and is powered by Ubbey Box, our blockchain personal cloud device that also act as a node in the network. Universal Labs aim to disrupt both the offline storage and current public cloud-based storage systems. With Ubbey Box on hand, users can store their data both offline/cloud-based. Users can also use extra space in their Ubbey Box to secure their network through proof of storage consensus algorithm and rewarded for securing the network at the same time.

ABOUT Speaker Keda Che

Keda Che is the founder of Universal Labs. He is a serial entrepreneur in blockchain industry. He founded his first blockchain start-ups Ownership Technology (Boost VC Tribe 7) back in 2015 and went to start YQTC(OWNERSHIP), a supply chain blockchain solution start-ups. YQTC(OWNERSHIP) was ranked as the top 5 blockchain start-ups in China recently. He worked at Blockchain Research Lab cosponsored by Harvard University, Fidelity, Citi and NASDAQ. He also provided blockchain consulting services to Fortune 500 companies such as Alibaba, Baidu and Beijing Genomics Institute. Keda has a Master’s degree from Harvard University and Bachelor’s degree from The Ohio State University.


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Official Website: http://ulabs.tech

Telegram Group: https://t.me/universallabs

Facebook: https://www.facebook.com/ulabstechnology/

Twitter: https://twitter.com/ulabstechnology

Reddit: https://www.reddit.com/r/universallabs/

Linkedin: https://www.linkedin.com/company/universallabs/

Universal Labs

Universal Labs is aiming to develop the next generation internet protocols and dapps.

Universal Labs

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www.ubbey.org | www.ubbey.com

Universal Labs

Universal Labs is aiming to develop the next generation internet protocols and dapps.

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