UNIVERSAL LABS; THE FUTURE OF BLOCKCHAIN CLOUD STORAGE NETWORK.

INTRODUCTION
Universal Labs is an open-source decentralized global cloud storage network built on blockchain technology. The platform operates a unique blockchain network called "Ubbey" and Ownership Protocol(OWP), which is a module that enables peer-to-peer digital data ownership and ownership exchange of physical assets like house, cars, land, and other luxurious assets. It sets a universal standard allowing intellectual property to be monetized and compatible with lots of other digital assets
Via the Ubbey network, powered by the Ubbey Box which is a hardware device designed by the platform, registered digital assets could from one IP to another be transfered directly connecting two worlds; the real world with the virtual world . Also used as a personal cloud storage for users, the Ubbey Box is a full node acting similar to a miner in Bitcoin network by providing users with a huge quantity of secure data storage space with.

Making the owner part of the Ubbey network, the Ubbey Box is a personal cloud storage with unrestricted access at rapid performance speed and total convenience. User's data can be safely stored separately from the generation point, accessed from any connected device such as media players, smart TVs, etc, and shared in the cloud storage which is a model for computing data. Connecting the storage space around the user to the network, and also using its storage space, the Ubbey Box is used for mining for YOU coins.

The platform adopts the Proof of Storage/Space Consensus Algorithm which allows for random selection of the Ubbey network block creator from Ubbey Box nodes.
Universal Labs, via the decentralized global cloud storage network offer users who store files in the network the best price rate, saving up to 90% of storage cost totally different from rivals like Amazon Web Services.YOU coins, the platform's cryptocurrency can be earned by sharing storage space. The coin can be cashed out for real-world Dollars or used for service payment with the network.

The Ubbey Box and Ownership Protocol decentralized system facilitates a highly transparent and efficient transaction process; making such complex transaction process hitch-free and streamlining the exchange process. This technology aids the differentiation of counterfeit and authentic products.

CONCLUSION
In sum, Universal Labs aims at providing simple, credible, affordable and effective solution to digital storage and exchange of data where users have control of files at a favourable rate and maximum privacy using blockchain technology. The platform offers unrivalled efficient and secure data computation and exchange solution.

PARTNERS AND INVESTOR OF ULABS

ROAD MAP

TEAM

Some links to look into for more information about the project.
Website: https://ulabs.technology/

Whitepaper: https://ulabs.technology/?page=protocol

Telegram: https://t.me/universallabstoken

Facebook: https://www.facebook.com/ulabstechnology/

Reddit: https://www.reddit.com/r/universallabs/

Linkedin: https://www.linkedin.com/company/universallabs/

Writer Bounty0x username: chikky08