UPT listing will be available to all Bittrex Global customers on March 19, 2020
March 19, 2020 10:00 AM Pacific Daylight Time
SINGAPORE—(BUSINESS WIRE)— The world’s largest Alliance of leading blockchain organizations, including Bittrex Global, Uphold, Cred, Blockchain at Berkeley, CertiK have listed an interoperable mega-utility token, called the Universal Protocol Token. The listing of UPT will take place on Bittrex Global, available to non-US persons Thursday, March 19 at 12pm Pacific Standard Time. Bittrex Global was chosen for the initial listing based on its lightning-fast trade execution, dependable digital wallets and industry- leading security practices.
Created in 2018 to drive mainstream adoption of blockchain technology, the Universal Protocol Alliance is dedicated to delivering innovative use cases that benefit consumers, businesses and governments seeking to move digital assets seamlessly across exchanges, wallets and networks. In addition to the significant contributions each member has made to the Universal Protocol Platform, member of the alliance will integrate UPT in a variety of ways:
- Uphold – Holders of UPT will receive additional cryptocurrency back with the launch of the Uphold debit card (up to an additional 1%) and will receive discounts on all trading. Founded in 2014, Uphold has over 2 million users around the world and has traded over $5.4 billion on its digital money platform and reserve ledger.
- Cred – Holders of UPT will earn interest on UPT and on the Universal Dollar(UPUSD) and the Universal Euro (UPEUR). Cred merchants and city officials can settle transactions real-time with Universal Tokens. Founded by a group of former PayPal executives, Cred’s leading banking platform enables customers in over 190 countries to earn interest on their assets..
- Bittrex Global – Holders of UPT will receive upcoming benefits to be announced. Bittrex Global is a leading global cryptocurrency exchange for trading new and innovative blockchain tokens.
- Blockchain at Berkeley – Holders of UPT and any UP Token can purchase goods, services and tickets for blockchain events at reduced prices. Blockchain at Berkeley is an academic organization at the University of California, Berkeley, that provides educational resources, consultancy, and R&D to some of the biggest blockchain projects in the world.
- CertiK – Holders of UPT and any UP Token will benefit from reduced code auditing fees when payment is made with UP tokens. Certikl is a pioneer in blockchain security and auditing with over $5B in assets secured, founded by Yale Department Chair of Computer Science Zhong Shao and Columbia University Assistant Professor Ronghui Gu.
“I am delighted to see the Alliance tackling significant mainstream use-cases, leveraging the Ethereum Network,” said Ayako Miyaguchi, Executive Director of the Ethereum Foundation “The quality of the companies and the people involved in this project have significant expertise in a variety of disciplines and many industries will benefit from significantly from this work.”
The Universal Protocol Alliance made headlines last month by creating a mechanism for an elected California official to purchase goods and for merchants and cities to settle transactions in the Universal Dollar in real-time. The Alliance is currently sponsoring California
