Welcome to Unova
What is Unova?
Unova is a blockchain network with privacy-enabled data distribution clusters and cross-cluster distribution capabilities, made possible by the Web3 data distribution privacy protocol and multi-layer architecture. It’s the foundation of a new way of distributing data built on Web3, leveraging its own blockchain, smart contracts, dApps, and powered by UON, its native cryptocurrency.
Web2 failed to provide the infrastructure to accommodate supply chain-wide solutions, as many organizations are understandably reluctant to trust a central gatekeeper with their proprietary data. With Unova, we’ve designed a L1-L2 hybrid blockchain network designed to accommodate complex supply chain processes by leveraging smart contracts, dApps, and APIs to manage decentralized protected data. Now, supply chain companies can have control and ownership over their data and their applications while at the same time better coordinating their supply chain processes.
Why did Unova develop its own supply chain focused layer-1 blockchain network, instead of building on Ethereum?
On Ethereum, or any other existing blockchain network, supply chain companies would have to compete with other transactions in an already congested network. Even layer 2 scaling solutions like the one part of Unova need to create transactions on the layer 1 (blockchain). With DeFi as the main use case of cryptocurrencies, production data would have to compete against financial transactions for attention from miners, who create the blocks and mint transactions. A simple $2,000 transaction with an attached prioritization fee is always going to be more appealing than temperature or location data. In addition, with blocks being full as block limit is exceeded this would create supply chain disruptions.We need a blockchain network and a crypto economic model designed for supply chain companies, influenced by supply chain companies. This is where Unova comes in.
We’ve made onboarding into Unova is easy. You can create your wallet, launch your node on your server with a single command line, invite supply chain business partners, determine which data you’d like to share, and get started. Read more here.
First, it’s important to learn the difference between Web2 and Web3. Then you can start diving into what it means to have decentralized blockchain networks, blockchain nodes, and the crypto economic model.
Before long you’ll understand how blockchain and cryptocurrencies are so much more than just financial tools, but a foundation for an entirely new internet that can be harnessed to solve real world problems and make global supply chains smoother, less wasteful, and more secure.