/biz/ - Business & Finance

>>19290295

Unibright was called dead, ranged for 200 days, but the team kept building and delivering, focusing on abstracting blockchain for enterprises turend out to be a brilliant move, simply solid fundamendals and fomonomics, great narrative.

Mitx allows for full stack dapps, they are low code while ubts main purpose is a businessprocess modelling tool to work with smart contracts with drag and drop nocode. Somewaht similar but on the bpaas area mitx amibtions and scope are a bit wider while UBT scope is a bit more focused on being a layer of abstraction for smart contracts. Mitx enables porting dapps between chains, has integrated a lot of chains and has a lot of library integrations. Enterprises want this, they want their .net, they want nethereum, and they want to be able to port that dapp to neo if thats needed, or the other way if thats the better fit.

Knowing the scope, and the fact that mitx ranged for 140 days, before breaking out over the past weeks is very interesting. I see a lot of similarities here and it could be that mitx is very undervalued, as it can do over 20x before catching up with unibright.

Baseline is often looked at as an USP fro UBT, but its not a product its a method, a method anyone can use and utilize, its open source. Its already possible for mitx clients to use the ethereeum mainnet and its likely that the team is also working on implementing baseline, just check out the medical repo that shows at the third second in the video here: https://medium.com/@morpheuslabs_io/morpheus-labs-bpaas-cde-the-foundation-for-creating-blockchain-applications-e90f94401a81
. My take is that this is a covid tracker for the Singapore govenrment, and that they use baseline for it. Anyways, they are free to use that for whatever they need in the future.