Unido Coin Price & Market Data
Unido price today is $0.149985 with a 24-hour trading volume of $798,664. UDO price is down -1.1% in the last 24 hours. It has a circulating supply of 56 Million UDO coins and a total supply of 115 Million. If you are looking to buy or sell Unido, Bibox is currently the most active exchange.
What is Unido?
Unido is building enterprise-grade products for financial institutions to bridge their gap between decentralized crypto markets and traditional fiat-based finance. Unido has developed a complete suite of crypto custody solutions for institutional investors based on their proprietary private key signing technology that allows secure transaction signing at the blockchain level and provides a corporate governance framework over ownership of the organization's digital assets.
Corporates need extra levels of corporate governance workflows and sophisticated security measures due to their organizational structure. Unido helps them to confidently leap into the crypto economy augmented with a Defi investing dashboard that make earning yields on digital assets a point-and-click activity. Alongside providing access to DeFi networks, Unido also offers institutional compliance and governance services, and a holistic view of wallets, customers, and assets to empower better investment, management, and trade decisions. Unido also helps banks, brokers, and exchanges provide crypto banking facilities to their customers. As a stand-alone crypto bank, Unido easily integrates with legacy fiat systems and centralized CRMs, providing users with cryptocurrency risk management and blockchain security services
Unido is developing a a suite of 4 enterprise and retail investment products:
Unido Enterprise Platform (EP): Unido EP helps enterprises, such as crypto-native and asset management firms seamlessly and securely manage their assets. Using the Unido EP Dashboard, users will have insight into the firm's wallets, customers, and support, all in one place. In this way, the EP empowers better, wiser, more streamlined crypto-asset investment, management, trade, and operations.
Unido Institutional: Unido Institutional, also called as Unido Insto, is a full-stack cryptocurrency bank-in-a-box. Banks, brokers, exchanges, and custodial service providers can use it to offer their clients crypto banking facilities similar to those provided by traditional banks. It can also be used as a stand-alone crypto bank and integrated with a legacy fiat system or a centralized CRM, as needed. It brings the power of the Unido platform to traders and businesses that want exposure to DeFi and cryptocurrency investment but do not have access to these opportunities.
Unido Core: Unido Core is a proprietary key management and transaction signing technology. It uses an innovative private key obfuscation algorithm that breaks up private keys and securely encrypts and shares the key with multiple users. Core reduces the chances of the key being lost or stolen, and it allows various members of a wallet or account to approve or refuse transactions as needed.
Unido Vault: Unido Vault is a secure crypto wallet that will hold user assets such as UDO tokens and help users manage accounts, assets, and keys. Unido Vault app also aggregates investment opportunities from multiple platforms, including yearn.finance and Aave, all on a single app. Users no longer have to jump from platform to platform or from app to app to avail the best investment opportunity available in the market. It also plays an essential role in governance via DAO voting that users can only participate if they hold UDO tokens, which will be verified using the Unido Wallet.
Unido was incubated by the team behind AllianceBlock, SpiderDAO, and Bridge Mutual, and is supported by strategic partner, DuckDAO. It is designed to help enterprises seamlessly manage their crypto assets via an enterprise-grade platform with built-in DeFi and crypto banking management tools.
The project is led by a highly experienced team from Macquarie Bank, Wipro, Coca-Cola, and Goldman Sachs, and it is the first enterprise-grade asset management platform being built on Polkadot and features native apps that are already available for download for iOS and Android.