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.
SmartCash is an easy to use, fast, and secure cryptocurrency that supports everyday use such as business payments. SmartCash has a unique decentralized governance system and technologies such as SmartNodes, InstantPay locked transactions in about a second, send by SMS and email, a project treasury with private key voting, SmartMining security, SmartCard, and it's Point of Sale app called SmartPay. SmartCash is pushing the limits of blockchain technology with tools that support entrepreneurship and innovation. Intended for use worldwide, SmartCash is available at ATMs, cryptocurrency shops in Canada and Europe, local exchanges and is especially popular in South America. In Brazil, 85% of retailers accept SmartCash with the SmartBand and is available at an additional 13,000 Caixa locations soon.