Zelcash is a cryptocurrency that holds a central role in the Zel Ecosystem. It gives the incentive for ZelNode ownership to enable the creation of ZelDex and the ZelDev Platform, enabling us to create a truly decentralized development platform.
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.