Hive Coin is a cryptocurrency, with the new blockchain technology and smart contracts, companies no longer need centralized intermediaries for transactions or financing. The blockchain grants absolute transparency, integrity and immutability of the data stored in the system. Hive coins are used to make demands on factoring companies, who can then compensate them. This process uses the blockchain, which offers a high level of security for all transactions. All seller and borrower data is cryptographically secured in this system.
U Network is a revolutionary protocol for publishing and valuing online content that helps online content platforms better align with the interests of their users. It does this by rewarding content creators more for their work, by letting users earn money for predicting popular content, by making it easier to discover high-quality content, and by allowing all users to be part of content moderation and governance decisions. The first online content community powered by U Network will be U Community, a digital asset information community. In 2015, U Network team launches SV Insight, a Silicon Valley tech media company with over 4 million subscribers. In the year 2017, U Network team develops blockchain educational content together with Huobi, attracting over 30,000 paying users. Besides, U Network team launches a smart contract developers boot camp, training over 300 blockchain developers.