Blockchain & AI Combined

ultra Logo

Intelligent Contracts are an AI-backed enhancement to smart contracts. Available via a simple user interface, these digital contracts enable a wide range of blockchain-based transactions, across a wide range of blockchains on a global basis (multichain concept). With ultra technology, a user can sign a secure and direct digital contract with anyone, anywhere, eliminating legal work and costs. No programming skills required.

Core Elements

THE PILLARS OF ultra

Founded on a unique combination of blockchain technology and state-of-the-art Artificial Intelligence (IBM Watson & ultra Switch Artificial Intelligence Engine – SAIE) ultra will revolutionize transactions around the globe delivering Intelligent Contracts based on three pillars: interoperability, user-experience, and advanced cryptographic security.

User Experience

You cannot bring Intelligent Contracts to the users if you do not ensure the proper user experience. The ultra platform is a human-friendly face of Blockchain that will lead to its widespread use on a daily basis.

Interoperability

To make Intelligent Contracts and ultra technology global we need to allow users to work across different blockchains. ultra ensures interoperability via innovative solutions such as the Multichain Switch Protocol (MSP) and the Switch Artificial Intelligence Engine (SAIE). With ultra you can also build a Dapp using multiple blockchains. Projects using ultra software won’t be tied to just one blockchain. With ultra, a project could, for example, raise funds on Ethereum and use Stellar to handle the payments.

The successful launch of ultra interoperability solutions will lead to an explosion in entrepreneurial creativity and unleash a torrent of new multibillion-dollar applications.

Advanced Cryptographic Security

If you want to bring Blockchain to widespread use and revolutionize human transactions, you need to ensure its full security. The ultra team has significant competence and experience in the fields of cyber security and cryptography, which led to the development of important cryptographic improvements enhanced with AI technology. ultra protects blockchain data with the use of a blockchain register, cryptography (i.e. Elliptic Curves) and AI.

Logo ultra
User Experience
Interoperability
Advanced Cryptographic Security
User Experience

You cannot bring Intelligent Contracts to the users if you do not ensure the proper user experience. The ultra platform is a human-friendly face of Blockchain that will lead to its widespread use on a daily basis.

Interoperability

To make Intelligent Contracts and ultra technology global we need to allow users to work across different blockchains. ultra ensures interoperability via innovative solutions such as the Multichain Switch Protocol (MSP) and the Switch Artificial Intelligence Engine (SAIE). With ultra you can also build a Dapp using multiple blockchains. Projects using ultra software won’t be tied to just one blockchain. With ultra, a project could, for example, raise funds on Ethereum and use Stellar to handle the payments.

The successful launch of ultra interoperability solutions will lead to an explosion in entrepreneurial creativity and unleash a torrent of new multibillion-dollar applications.

Advanced Cryptographic Security

If you want to bring Blockchain to widespread use and revolutionize human transactions, you need to ensure its full security. The ultra team has significant competence and experience in the fields of cyber security and cryptography, which led to the development of important cryptographic improvements enhanced with AI technology. ultra protects blockchain data with the use of a blockchain register, cryptography (i.e. Elliptic Curves) and AI.

Logo ultra

The Challenge

We live in the digital era, yet billions of transactions are made every day that cannot be fully digitized.

  • Scalability

    Blockchain lacks intelligent interoperability and suitable user experience needed to fully emerge globally.

  • User Experience

    The world lacks an intuitive, blockchain-based, widely distributed solution for supporting trusted digital transactions in real-life situations, legal contracts, and civil agreements.

  • Security

    Smart Contracts lack user experience & security – they require programming skills and are not accessible to an average user via a practical interface. They are also difficult to secure without proper experience as well as legal knowledge and practice.

The Solution & How It Works

THE SOLUTION

Think of the ultra platform as a unique combination, bringing together the skills and knowledge of a lawyer, a blockchain programmer, and an AI personal assistant. Available at any time via a simple, AI-driven application, ultra will allow a user to create Intelligent Contracts on the blockchain, ensure security and to substantially reduce the cost and time to effect transactions with other users and service providers worldwide.

MAKE IT GLOBAL

ultra will utilize the concept of a MULTICHAIN, integrating/communicating with different blockchains using advanced AI mechanisms such as the Switch Artificial Intelligence Engine and the Multichain Switch Protocol. MSP has the potential to become the main protocol for trusted transactions between blockchains globally.

MAKE IT USABLE

ultra will provide the end-user with an Intelligent Contract utilizing a simple user interface (GUI or NUI), available on any electronic device, to create a contract backed by an advanced AI – IBM’s Watson, which will serve as your personal contract assistant. Just define your requirements, provide basic data via Watson's voice or text analysis technology and let ultra do the work. ultra AI will review its legal database, prepare a contract tailored to your needs and make it secure thanks to blockchain. With ultra Code Generation Engine no programming expertise is needed to create an Intelligent Contract.

MAKE IT SECURE

ultra introduces a new security dimension - protection of business use cases with the use of AI and best cryptographic primitives. UltraBlock coin is based on Curve25519, which security levels significantly surpass widely used NIST’s secp256k1. AI mechanisms employed allow increased scams and frauds detection and prevention, thus ultra is the only one to provide real-life contract protection.

Key Industries for
Intelligent Contracts

THE SOLUTION

ultra will be an indispensable solution for a variety of industries working in B2B or B2C markets.

Imagine your Client, opening up an intuitive application, where an AI assistant, who understands both speech and written word, helps choose the suitable product or service, in much less time, cost and effort than what happens today.

Securing transactions on the blockchain and using advanced AI will make ultra a tool for daily, blockchain-based transactions between individuals. But, importantly, ultra will be a technological platform for businesses across the world developing their own solutions.

Insurance

In the insurance sector, ultra will allow end users to buy a variety of services, including, for example, property or travel insurance. Thanks to the AI Assistant, ultra will be able to support purchase decisions and sales processes.

Financial sector

In the financial sector, ultra will act as a tool for banks, traditional financial institutions, and fintechs to offer their customers a variety of services over blockchain with the use of AI technology. ultra can cover both retail and corporate banking by supporting sales, management and after-sales services, such as current and deposit accounts, loans, cards and payments, investment, wealth management and private banking, raising capital through equity and debt.

Real-estate

In real estate, ultra can be utilized for direct renting and sales as well as for supporting services, such as connecting users with trusted lenders, real estate agents and insurance companies. A traditional agreement will be automatically prepared by ultra AI, backed by an Intelligent Contract recorded on a blockchain network.

UltraBlock’s
Business Offer

ultra platform (including multichain solution, Intelligent Contracts, AI technology and legal services/databases) can be offered to the market in three different models:

  • UltraBlock APP

    Intelligent Contracts utilized for daily, blockchain-based transactions between ultra users via ultra end-user application (simple use-cases like selling goods and services directly between ultra users,

  • DAPP CREATOR

    ultra platform used by business as well as public institutions to develop their own solutions/applications/platforms utilizing Intelligent Contracts and multichain technology (specific use-cases for different economic sectors)

  • UltraBlock API

    Utilization of Intelligent Contracts in a well-known and widely used digital platforms and transactional systems

Technology Overview

innovations

  • Intelligent Contracts (IC)

    With ultra, no programing expertise is needed to design an Intelligent Contract. IBM Watson AI and the ultra Code Generation Engine allow automatic conversion of an abstract description of an Intelligent Contract into an executable program. A user-friendly application will allow consumers to input only the core elements of the contract. Then IBM Watson AI will identify the basic transaction patterns and, using the ultra Code Generation Engine, convert them into a program – an Intelligent Contract.

  • Multichain Switch Protocol (MSP) – Efficiency in Blockchain Communication

    One of our goals is the creation of the ultra Multichain Switch Protocol that provides universal and uniform way to communicate with different blockchains. The ultra Multichain Switch Protocol provides APIs and tools which can be used in your applications. With API, you can integrate with the ultra Multichain Switch Protocol at the code level.

  • Switch Artificial Intelligence Engine (SAIE)

    With the use of AI, Deep Machine Learning, and Deep Neural Network, algorithms act as an intelligent blockchain integrator.

    This component is responsible for transferring your data to selected blockchains and interpreting data retrieved from blockchains. SAIE performs its operations in the context of your business requirements, providing a flexible and intelligent way for optimal integration.

    The solution is based on AI and uses Deep Machine Learning as well as Deep Neural Network algorithms to increase scalability.

  • AI Fraud Detection and Information Analytics (AFD)

    ultra is protecting the data of businesses with three main tools: a blockchain register, cryptography and Artificial Intelligence. Blockchain registers are decentralized, transparent and immutable ledgers, thus data stored in them cannot be changed or deleted. Business customers will have access to the entire history of stored data, securely distributed across network users. For specific use cases, such as storing vehicle history, this factor cannot be overestimated.

  • Advanced Cryptographic Engine (ACE) – Elliptic Curve Cryptography.

    All blockchain technologies use two basic cryptographic primitives – digital signatures and hash functions. ultra, as the cryptocurrency focused on the security of the user’s assets, will be based on EdDSA and SHA3.

  • Hybrid Consensus Mechanism

    ultra’s highly efficient POW & POS consensus algorithm backed by Artificial Intelligence is the only existing combination of these technologies.

    To achieve scalability, we divide the network using AI mechanisms that determine how stars (network nodes) are grouped into constellations (sets of nodes). Therefore, blockchains aim to be able to “automatically split and merge to accommodate changes in load”. This helps to keep transaction costs low.

    AI mechanisms decides what computations are delivered to network constellations for calculation. A large portion of them is performed in the PoW part of the consensus. It is performed mostly on the data delivered by various scientific institutions, such as those focused on medicine or biotechnology.

UltraBlock's Roadmap

2019 Q2

Founding Team

Drafting Whitepaper

2019 Q3

Discussed “ULTRABLOCK” Original Ideas & Goals

Finished The First Version of the Whitepaper.

Launch Official Project Website.

2019 Q4

ICO Process started with the aim and to gather funds for further technology and business functions developments.

Private Sale Starts.

2020 Q1

Starts “Initial Exchange Offering” (IEO)/ Public Sale

Testnet 2.0

Whitepaper 2.0

2020 Q2

Minimum Viable Product is developed allowing to create the first

Contracts on Ultra Blockchain

(UTL)Ultra Coins get listed on Major Exchanges.

Support Enterprise level decentralized application.

Mainnet Launch

Full Explorer/Wallet Support

2020 Q3

Multichain and Intelligent contracts technology integration

Allowing to create ICs on a selected blockchain.

The development of mechanisms which enables Hyper ledger functions

Tech for intelligent contracts data processing and storage.

2020 Q4

Release Ultrablock USD Pegged Stable Smart Contract.

Support We Assembly

Complete libunsion Network library

Optimize Fountain Code (Rateless Erasure Encoding)

Support Light Clients with fraud proofs

Foundation Of UltraBlock

FOUNDATION

Solutions to the problems identified by the ultra team call for extensive use of advanced AI. Artificial Intelligence is present in every part of the ultra platform, allowing the Multichain to reach full interoperability, securing the whole platform with AI-driven security mechanisms, and making our digital contracts intelligent.

AI helps us to:

  • Simplify the process of creating Intelligent Contracts
  • Prevent fraud within the ultra network
  • Analyze data from IoT devices
  • Deliver distributed apps with AI technology
  • Make flawless connections to other blockchains
  • Self-diagnose the ultra network

Powered by IBM WATSON

ARTIFICIAL INTELLIGENCE

Taking advantage of the most advanced AI in the world – IBM Watson – allows us to use this technology in almost every area of the ultra project, from Intelligent Contract creation to building bridges between Blockchain networks to allow instant interoperability between different chains.

We will use IBM WATSON for:

  • Conversion from speech to text
  • Conversion from text to speech
  • Analysis of voice tone
  • Understanding of natural language
  • Understanding of formal language
  • Classifying natural language
  • Guaranteeing security of transactions
  • Fraud detection
  • Pattern recognition
  • Image recognition
  • Optical character recognition
  • Language translation
  • Ensuring the highest level of user experience

Token Allocation

Token Details

Seed Sale 3%
Private Sale 4%
IEO Launchpad 19%
Advisors 7%
Team 18%
Airdrop 4%
Foundation 19.70%
Ecosystem 25.30%
  • Distribution
  • Use of Funds
12%
Team
0.5%
Community
16%
POS&POW
62.5%
Private Sale
9%
Partners
4%
PRIVATE SALE
19%
IEO LAUNCHPAD
SALE
7%
ADVISORS
18%
TEAM
19.70%
FOUNDATION
25.30%
ECOSYSTEM
3%
SEED SALE
4%
AIRDROP
  • Distribution
  • Use of Funds

Ultrablock (UTL) Token Sale

Token Details

Price USD per Token : $0.00079

5,000,000

Hard cap (USD)

1,289,000

Soft cap (USD)

10,000,000,000

Total tokens issued

700,000,000

Tokens for Softcap

For Technical Support :

contact@ultrablock.io

For Admin Support :

admin@ultrablock.io