(UBBEY) UNIVERSAL LABS TECHNOLOGY IS DISRUPTING THE CLOUD AND OFFLINE STORAGE MARKET

To be featured on a recognized channel such as Fox Business is no easy feat. Ubbey Box has however achieved this status with their main man Keda Che explaining how Ubbey Box works and the market it may potentially disrupt. Apple’s iCloud, Dropbox and any other online cloud storage system may become obsolete once Ubbey Box has established itself in the market. Ubbey Box is going to use blockchain technology with their own unique protocol to offer secure, transparent and seamless data storage and retrieval system that will be appropriate for both personal and business use. This article explores Ubbey Box and the potential it has in revolutionizing storage options in the world.

Providing an alternative

When it comes to online storage options, the first options that springs up for Apple users is iCloud while most android users, especially those with Samsung smartphones, think of Dropbox as their best cloud storage option. Now, these may offer good storage services, however, in terms of security, their centralized nature makes them easier targets for hackers or cyber attacks who would want to profit from information stored in these clouds.
Ubbey Box comes as a befitting alternative that may very well rise to be the leader in cloud storage services. Ubbey Box comes as an option the market never had before. In as much as there are many online storage service providers, none truly stands out. Here are some features that will keep Ubbey Box ahead of the pack in the online storage market space,

• Ubbey Box has a physical product bearing the same name.
  
  The use of blockchain technology in to offer storage solutions may not be a novelty idea, however, having a physical item that can meet the demands of both offline and online storage Ubbey Box is in fact a device that serves as both an offline and online storage device. It can also be used as a node supporting the Ubbey Box network which provides other users within the platform extra storage space for those who may have maxed out their existing space. Ubbey Box comes in two variants which would meet the needs of most users. With the highest variant coming in at 2TB, most businesses and organizations will find this quite satisfactory as their offline storage solution. Just like in the smartphone industry, depending on demand, Ubbey Box may also provide higher storage capacities.
  The other great advantage with Ubbey Box and its platform is with its adaptation to new technology. The internet of things is growing with different devices being able to generate some form of data. Ubbey Box can connect to some of these devices providing cloud storage for the data they produce while also connecting them to the Ubbey Network to provide storage services for other clients using free space available in these devices.
• Giving users a chance to earn money through the platform.
  The Ubbey Box, as mentioned earlier, can be used as a connectivity device to link up the Ubbey Network to devices that can provide their extra storage space to the network for use by clients. Now, those who offer these devices get paid for the storage space they offer through the use of tokens in the network. Old computers, smartphones or any other storage device can quickly be converted to economically sound products providing some extra income for Ubbey Box owners.
• Privacy.
  Storing data is one thing but keeping user data private is a whole new dimension. Time and again user data has been leveraged to advertisement agencies and companies by some internet companies to try and profit from the user data generated by their subscribers. Ubbey Box will maintain high standards of privacy for their subscribers. Nothing will be left to chance in the network. With companies failing to fully account for the usage of their user data, Ubbey Box will capitalize on these mistakes by making their platform transparent such that their users are aware of the type of data that can be collected in the platform, how it can be used and the power they have over their own data which will be massive in the Ubbey Box network. Furthermore, in the transfer of data between users, zero proof knowledge will be employed which keeps transactions transparent and at the same time maintaining the privacy of the sender and receiver to the extent of their desire.
• Digital asset transfer
  Digital asset transfer within the Ubbey Box platform will be made possible through the Proof of Storage consensus protocol and the ownership protocol. Digital assets transfers are set to be safer, secure and more transparent while still maintaining user privacy over the Ubbey Box platform.
  Ubbey Box is already ahead of its peers who provide online storage services in the blockchain world. The fact that it has a physical product gives the platform an edge over the rest. Coupled up with its other stand out features, Ubbey Box proves to be a great alternative to centralized online storage platforms.

Why Blockchain technology

When blockchain is mentioned, the decentralized ledger and immutability may be the first thoughts that rush into people’s minds. However, blockchain also packs some heavy features that gives platforms certain advantages especially where the right protocol is used. Ubbey Box uses the OWP which is very much compatible with the requirements of the Ubbey Box platform. Identity management and ownership registry are greatly covered to cater for the transfer of digital assets. It also has the ability to scale and meet the data retrieval demand that Ubbey Box will eventually experience. Here’s a walkthrough of the advantages expected through the use of blockchain in Ubbey Box
• 100% file privacy for any files uploaded or downloaded using Ubbey Box. Each file uploaded into Ubbey Box will be encrypted such that only the uploader or owner of the data can actually view the content contained. The files are also distributed across the network. This helps in the security of the file while the encryption keeps the file private even while being stored in other devices in the Ubbey box platform.
• The interplanetary file system is employed in Ubbey Box to ensure that data uploaded into the platform stays in the platform for as long as the platform is running. Data is preserved in Ubbey Box which would give subscribers a sense of security that their data can be retrieved even after a prolonged absence from the platform.
• Blockchain gives platforms the ability to remain running for as long as a given number of nodes are active in the network. Ubbey Box utilizes this advantage to provide services across the globe provided their subscribers have access to the network, they can access their files from any place in the world and at any time of their choosing.
• An efficient token system will also be in place which can be greatly attributed to blockchain technology. For Ubbey Box, YOU tokens will fuel the operations in the Ubbey Box platform. Blockchain provides the secure, transparent and private environment where users can transact freely without having any reservations in the platform. Furthermore, mining of the YOU token is also as a result of blockchain technology.
Blockchain is the future of nearly all technology. Decentralization and other advantages such as the ones highlighted make it a better system as the world advances.

Potential Use Case
According to Keda Che, Ubbey Box has the potential to become more than just a data storage solution. He wants Ubbey Box to also act as an entertainment center storing applications that contain entertainment staples such as music, movies, e-books and TV shows. This places it at a good position to either challenge or compliment streaming services that are currently in existence.

Token Uses

YOU tokens can be obtained from mining using the Ubbey Box. These tokens have a number of uses including,
• Purchasing of storage space. Those who stand to gain are the ones offering extra storage space in the platform.
• Sharing digital assets can only be done after YOU tokens have been committed.
• Decentralized applications are set to be built on the Ubbey Network. Accessing some of the services they will provide will require the use of YOU tokens.
• YOU tokens can be traded for other cryptocurrencies or fiat in crypto asset exchanges.
• Creation and execution of smart contracts in Ubbey network will also need some members to part ways with YOU tokens.
A token ecosystem has been built around the YOU token such that throughout the running of Ubbey Box, there will always be a need for YOU tokens. This would lead to changes in the value of the tokens which may be profitable in the long run.
Conclusion
Ubbey Box has been receiving the right attention from various media sources worldwide, most notably by Fox Business. This type of exposure is good to dispel any fears by the potential subscribers. Ubbey Box is an innovative disruption of the cloud storage and offline storage platform. With the right implementation and good numbers participating in their activities and registering for Ubbey Box, it is set for success. Pre orders for Ubbey Box are currently being taken from $199.00 via http://ulabs.technology/pre-order.

Useful links
Website
White Paper
KYC Check

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