As an ecosystem consisting of a series of decentralized applications, the core of ugChain is a decentralized account system (DAS) based on blockchain technology. The system has built-in exclusive token UG Token (UGC), which simultaneously has the equity attribute and monetary attribute. DAS (Decentralized Account System) is based on Ethereum (The UG Token Contract), and consortium blockchain (Consortium Blockchain Smart Contract) and saves all information in the blockchain network, the globally equivalent blockchain node protect the security of the system.
Elitium is building products that will power a shifting economy, connecting the old world to the new. Digital solutions that solve problems related to currency, to finance, to how people enjoy their everyday lives: what we are building is an ecosystem spanning digital investments and digital luxuries that will alter expectations around what currency can do. A digital currency you can hold, spend, invest: and it affords you the freedom to explore.