SINGAPORE, July 27 (Bernama-BUSINESS WIRE) -- FBG Capital, one of the world’s most reputable digital asset management firms, has been announced as the lead investor in the Universal Protocol Platform (UPP), a blockchain technology project launched by an alliance of industry leading companies. UPP is launching a digital reserve ecosystem that allows for the seamless transfer of digital currencies and digital assets across nearly all decentralized networks. The platform introduces general interoperability of blockchain-based assets as well as features that promote conventional investor protections.
Similar to the early days of the internet, blockchain technology platforms today are fragmented and incapable of communicating with one another. Like the breakthrough developments of TCP and IP, which made disparate initiatives in the early internet interoperable, the Universal Protocol Platform will do the same for blockchain technology by combining proven technologies with a genuine new innovation: the introduction of the Proxy Token.
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