Wrapped Bitcoin Tokens (WBTC) is an ERC20 token fully backed by real BTC. The proof of reserves is on-chain, showing the exact 1:1 ratio between minted WBTC tokens and BTC stored by the custodians. A collaborative effort with a community of partners to bring Bitcoin to the Ethereum network will bring the stability and value of Bitcoin to Ethereum's expansive ecosystem of decentralized applications.
Ubiq is a decentralized platform which allows the creation and implementation of smart contracts and decentralized applications. Built upon an improved Ethereum codebase, the Ubiq blockchain acts as a large globally distributed ledger and supercomputer, allowing developers to create decentralized and automated solutions to thousands of tasks which today are carried out by third party intermediaries.