UBIC

The first cryptocurrency using proof-of-passport

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How it works

UBIC is a CryptoUBI, which means that most of its coins are distributed directly to its users in the form of a universal dividend, sometimes referred to as a freedom dividend or universal basic income.

In order to ensure fair distribution and to avoid double claims, every participant in the Universal Dividend program must verify himself using his passport.

This is done by reading the unique digital signature the government apposed in the NFC chip included in your passport. Your personal data such as your name or facial image are not read out during this process and your identity remains hidden from the other UBIC participants.

FAQ

Currently only the Chinese UBIC coin (UCN) is listed on several echanges such as Citex.

To be compatible the passport should not have expired or be shortly before expiration (less than 3 months). It has also to be a passport issued by one of the following countries:

  • Switzerland
  • Germany
  • Austria (passports after October 2014)
  • United Kingdom
  • Ireland (passports after May 2016)
  • USA
  • Australia
  • China
  • Sweden
  • France
  • Canada
  • Japan (passports after May 2016)
  • Thailand
  • New Zealand
  • United Arab Emirates
  • Finland
  • Luxemburg
  • Singapore
  • Hungary
  • Czech Republic
  • Malaysia
  • Ukraine
  • Iceland (passports after February 2013)
  • Hong Kong (passports after July 2019)
  • Spain (passports after July 2016)
  • Adding the support for other passports is currently in progress

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Core
(source code)

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Android app
(source code)

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