Unibright – Integrating Blockchain into Business World

Overview
Unibright’s mission is to integrate blockchain into real business to make it more profitable and more persuasive. Though, businesses or enterprises have their own system which they have already invested in to co-ordinate various factors there is still need for such enterprises to enhance their process to make business processes from complex to simpler day by day. This is possible only by implementing blockchain technology to gain transparency and efficiency. Unibright is trying to achieve blockchain based business integration. Unibright is also solving the current problem of expense and implementation of current blockchain into business process and thus giving opportunities to enterprises to use blockchains in their system.

Problem
The problems business integration currently facing are:
• When the messages are sent to different parties the sender should be aware that the message arrived. The notifications involved in this process possess problems as the recipient should inform sender about missing information and sender must make sure that the message was delivered.
• Workflows of businesses should be enabled to react to change in certain parameters like decisions, choices etc.
• Different channels, messages and protocols need to be integrated to keep different parties connected with each other
• Time and money spent need to be monitored continuously.
• For security reasons the data which is exchanged needs to be encrypted and check its validity.

Solution
The problems of business integration can be solved by implementing blockchain technology which gives transparency and eliminates the middleman or third party from the various business processes.

But again, using blockchain in existing IT systems needs usage of specific programming language also managing smart contracts requires specialist as there are not much of user friendly tools. This creates a hurdle for adopting blockchain by businesses. To make blockchain user friendly and provide the advantages of this technology in business processes Unibright have overcome the hurdle by providing a platform to businesses to create their own smart contracts syntax.

Concept of Unibright
The centre of Unibright is Unibright Contract Interface (UCI). It ensures that the smart contracts can be found, called, maintained and be connected.
The project consists of 4 components:

1. Visual workflow designer – It allows anyone to craft blockchain based solutions which means anyone can create their own workflow. Unibright Business workflow designer enables one to design workflows which eliminates the need of programming language. Workflow can be created by a set of available templates which can be customised according to the need.

1. Contract lifecycle manager – In this step the workflows designed the previous step is transformed into platform dependent code and automatically generates smart contracts. The smart contracts thus created will implement UCI to ensure logical access in every layer.
2. Explorer: It helps to monitors the ongoing business process and also presents the block chain data on dashboard which is easy to understand, and which can be used into something useful for employees and customers.
3. Connector: With the help of adapters it connects the IT landscape with different block chains and smart contracts.

Use Cases
• Get Quotation for Material
A Unibright conformant smart contract will trigger potential suppliers to get a quotation on the required material, providing additional information like the requested quantity, a desired delivery date and a proposed prime cost.
• Shipping Process Monitoring
The different sensors attached to truck, machines and containers interact with Unibright conformant smart contracts to update the ongoing shipping process and show the respective states of the involved entities.
• Tracking of resources during a production process
If a manufacturing company wants to track all the raw material used in processing of final product then Unibright Explorer enable the user to find specific information about lot usage in the production process. The blockchain is both acting as data keeper and as a state machine representing the current state of a production process.

Team
Marten Jung CEO, Founder, Head of Blockchain Development
Master of Computer Science. 20+ years of experience in business modelling and software engineering. Gap bridging middleware specialist, with expert level know-how on SAP Integration. CEO of a software development company and part of the leader board of an international operating consulting company. Always hungry for new approaches, valuations and solutions.

Daniel Benkenstein (CMO) – Entrepreneur, CEO of neosmart.de, Founder of Herzblut.io, Speaker and Tech-Enthusiast with 14+ years’ experience in Entrepreneurship and Online Marketing. Daniel founded his first company in 2010 and has led over 100 online projects.

Stefan Schmidt CTO, Co-Founder, Head of Software Architecture
Master of Computer Science, 20 years of experience in business modelling and software architecture. Interdisciplinary acting cross media specialist. CEO of a software development company and part of the leader board of an international operating consulting company.

Token Metrics:
Token UBT
Price 1 UBT = 0.14 USD
Platform Ethereum
Accepting ETH, BTC
Minimum investment 100 UBT
Soft cap 2,200,000 USD
Hard cap 13,542,375 USD
Country Germany

Verdict:
Pros
• The team behind Unibright has great expertise and have been working with each other from 1989 which is indeed a long period and also sufficient time to gain quality experience in this field.
• Unibright has recently announced its two new strategic partnership with Zühlke Engineering and Chainium Zühlke which will help Unibright to get more clients and to market is project.
• The parent company of Unibright is SPO Consulting GmBH which has been established for more than 25 years hence the reliability of its new project which is Unibright may give assurance in future.
Cons:
• Since Unibright has recently been introduced it need to work upon its social media hype and marketing strategies to get more followers.
• There is no prototype currently for this project.

Website https://unibright.io/
Whitepaper https://unibright.io/download/Unibright_Whitepaper.pdf