Convert your Paper Currency to Value-Productive Asset
Digital Currency Never Sleeps
What is UOBT
Union Online Bank Token (UOBT) combines the use of Letter of Credit (LC) with Blockchain technology and Smart
Contracts to provide a revolutionary used of Documentary Credit Platform that will change the way we invest,
exchange, and make secure payment in domestic and international trade all over the globe.
UOBT is backed by various forms of crypto-encrypted Letter of Credits (LC), includes Commercial LC,
Export/Import LC, Transferable LC, Standby LC, Revolving LC, for multiple applications to be suitably applied
in various industries.
to develop and enhance the used of LC into digital cryptocurrency allowing the possibility of a complete transaction in minutes or seconds as opposed to days or weeks, and to also allow customers to invest into any business transactions through fractional share ownership of credit using our unique online platform. This new style of trading and investment is designed to open the traditional bankers commercial credit to new investors all over the world, and to create possible and affordable involvement for small individuals into banker perspectives and business opportunities.
Fractional ownership allows trades, transactions and LC to be divided into chucks or shares. UOBT provides trading investment opportunities from very small amount to creating a monthly return which is directly relational to the size of the initial LC trade investment.
A catalogue of strategic partners and trade projects will be traded through the UOBT Network online platform, from the traditional purchase and sales process to crowdfunding multimillion-dollar project investments, UOBT Network will bring creditors, buyers/sellers, customers, P2P trading exchange and investment together in one place, opening doors, cutting costs and lowering barriers for all.
To facilitate the purchase of LC on our platforms we use UOBT tokens which are dissolved into CR (Credit) coins upon transfer to the LC asset. UOBT Network members will then hold CR coins which are named after the LC that has been purchased. For instance, if a or purchased a share of MT-760 Standby Letter of Credit No.H760/UOB/25/SBLC190215 for $100,000, the investor would receive CR coins to the value of $100,000 and the CR coin would be called H760/UOB/25/SBLC190215.
The ROI will be directly related to the value of investment placed upon the LC and its interest income regardless its application status, the CR coins could also be converted into UOBT tokens and be traded on the UOBT Network platform with our members.
A WORLD-CLASS CUSTODIAL SERVICE
Custody – Vault (Ucustody)
Responding to one of the crypto industry’s most pressing needs, Highly secured custodial services for cryptocurrencies using cold storage.
UOBT will offer direct access to a reliable and regulated digital custodial service, using the best security technology available and upgradeable. UOBT will take and hold deposits of clients’ property for safekeeping and the ability to act in a fiduciary capacity and exercise trust powers. These are key roles that only regulated financial institutions are granted the authority to administer for the public. Individual investors can even set up beneficiaries of their custodial accounts to ensure their digital assets are properly dispersed to the proper heirs upon their deaths.
We are committed to maintaining the Road map
up to date and accurate to keep you informed of the project execution.
Digital Currency Concept
UOB KAY HIAN and BRAINTREE
PAYMENTS Formed USP
USP and UOBT Registration
UOBT ERC-20 Token Creation
USP Planning and Development
USP Incubator Office Organized
UOBT Financial and CommerceE
Bank Application (Fiat/Crypto)
UOBT Marketing Package
UOBT Digital Marketing Plan
Planning & Development
Vault and Custodial Services
CISCO Engagement into USP
Business Platform (UBis)
Ecosystem Planning and
Amica Law LLC assigned as
Marketing & First Launch
Sales and Marketing
Digital Marketing Plan
UOBT Initial Launch by USD10million backed LC (Credit for USD15million）
Exchanges Contracts Developments
UOBT Ecosystem Alliances
Advisors Recruitment, Bank Alliances, Credit Card Alliances, Others
PAYPAL Engagement into USP
International Financial Entity
Bank Tax Decree Application
Licensed Digital Custody Agreements
UOBT Merchant Processing Alliances
UOBT Initial Launch LC topup USD4.6 million backed LC （Credit increase by USD10million）
IFE Digital Platform in Process
PROPERTYGURU Engagement into USP
UOBT Initial Launch LC topup USD5.2 million backed LC （Credit increase by USD9million）
IFE Implementation Continues
Strategic Alliances Continues
IEO Review and Selection
International Digital Bank
Digital Bank Platform Research and Alliancest
Platforms and Bank Integration Began
Tokenization Platform Research
IEO Platform Research
UOBT Initial Launch LC topup USD10 million backed LC （Credit increase by USD22million）
International Digital Bank
Platform Development Continues
Payment and Remittances Platform (UTransfer)
Digital Custody Platform (UCustody)
UOBT Onboarding Platform (UBis)
UOBT Initial Launch LC topup USD9.4 million backed LC （Credit increase by USD20million）
Most of our strategic partners are allocated a pre-determined quantity of tokens according to the current agreements. Internal trading between these prestigious companies are also taking place to ensure a healthy circulation of the token.
MEET THE TEAM
CEO and Head of Investment Research
Chief Operations Officer
Chief Technology Officer
Chief Legal and Compliance
Chief Marketing Officer
Head of Strategic Communications
Head Blockchain Developer
Lui Yong Kit
Trading System Specialist
Head Cyber Security Analyst
Get in Touch
Any question? Leave us your query and we'll get back to you shortly.