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.
Zipper is a decentralized value transfer network that enables point to point Message communication, Transaction Transfer and Transaction Settlement across multiple blockchain networks among different financial institutions. Zipper enables and empowers rich and comprehensive blockchain-based services for global financial institutions. Zipper, composed of ZipperNet, Z0 and other ecology participants, is an ecology supporting digital assets transaction and switching within same chains or cross chains, and is committed to construct a financial grade blockchain network with safety and flexibility.