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DigiFinex AMA Recap | UCA As A Game Changer in Digital Payment and Clean Energy Investment

Nov 6th, 2020

Knowing how broad blockchain technology could go and penetrate into almost every industry you can think of, have you thought of applying it to clean energies then? Bjoern Groenewold, CTO of UCA, will share with us how his project UCA proposed to launch as a decentralized payment token, and offer digital payment service while investing in clean energies to everyone.

Guest of the night, BJÖRN GROENEWOLD 

CTO of UCA, Computer scientist, block chain technology and artificial intelligence. The computer science graduate, born in Leer / Ostfriesland in 1981, was very interested in computers from childhood and had his first PC at the age of 8, on which he developed his first small programs together with his father. So the desire to study computer science consolidated quite quickly, and began studying computer science and business administration in Oldenburg in 2003 and founded Groenewold – new media while still studying. He is currently at least twice a year in Silicon Valley and other high-tech locations in order not to miss any current trend in IT. His current focus is on blockchain technology and artificial intelligence.

Host of the night, Kiana Shek, DigiFinex CXO

Previously working for Baidu as Assistant General Manager, Kiana has had advanced education in the financial field, also obtaining a rich background in Big data, AI, international businesses. In 2017, she founded DigiFinex as a Co-Founder, and dedicated to provide a safer, convenient, transparent digital asset exchange platform for the people. She is also responsible for promoting brand values globally on behalf of DigiFinex, and actively takes part in various Blockchain summits around the world.

Below is a highlight of our Live Session:

Kiana Shek (Top Right) & Bjoern Groenewold (Bottom)

# Bjoern’s Personal interview

Kiana: Hello, Bjoern, welcome to participate in DigiFinex’s 9th AMA, you may first greet our global users and introduce yourself briefly!

Bjoern: Hi! Thanks for joining us! My name is Bjoern Groenewold, i´m 39 years old, have a degree in Computer science and I´m the CTO of the United Crypto Alliance.

Kiana: I have learned from your resume that you have a rich experience in development. In addition to being the CTO of UCA, you are also the CEO in multiple projects. Could you share with us how you joined the cryptocurrency industry and the story behind joining the UCA project?

Bjoern: I joined the crypto space about 3 years ago and learned a lot about mining, trading and the algorithm behind the coins. I also went with a client to his mining farm and we setup new miners together. Beginning of this year I was asked by a friend whether I’m interested in joining a crypto project. So a few days later I met the CEO and joined the United Crypto Alliance.

# About UCA Application and Planning

Kiana: That’s great, thanks for Bjoern’s sharing. Let us come back to today’s focus – UCA. Could you introduce to us what kind of project is UCA about? What is the initial ambition of establishing UCA?

Bjoern: As you said earlier UCA wants to bring Cryptocurrency to everybody. Our CEO believes that Cryptocurrency is the future. As we see now the huge spendings of the States to support the economy because of Covid. We could see in a few months that he may be right. I think we will get a huge inflation because of this and will also see investments into cryptocurrency. UCA is a payment coin with investment into clean energy. That’s why UCA is a pivx fork and no erc20.

The United Crypto Alliance follows the approach to bring crypto currency to everybody. 

Kiana: I know that you have issued both digital and physical UCA Cards. What is the purpose of issuing a UCA CARD? What role does it play in the ecological development of this project?

Bjoern: The UCACards is an easy possibility to invest into cryptocurrency. We sell the ucacard at our Shop ucacards.shop. Instead of registering at an exchange you can buy the card. After buying the card you can store it in your safe or activate it at our website. After activation you can do a payout to your UCA wallet or let the coins under our control. It’s up to the user. So the UCACard are also very good as a present for friends,etc. Ucacard starts 20 Euro.

Kiana: According to UCA’s white paper, UCA is a payment-type cryptocurrency. You are planning to promote the UCA tokens as an offline payment method to physical stores, and propose to cooperate with payment service providers to link POS machines and ATMs. Can you tell us about the functions and applications of UCA CARD? 

Bjoern: The Ucacard is just for buying the UCA Coins and has no use at POS. Last week UCA was integrated into Jetcrypto ATMS. This is just the beginning. We also finish now the integration OF UCA into General Bytes ATM. Which leads to a potential integration of UCA into 5200 ATMs. 

Kiana: How is your current marketing progress? What are the promotion strategies?

Bjoern: We are working on the implementation of our whitepaper, listing at new exchanges to get a bigger community and more attraction by the crypto-community.

# Why does UCA invest in Clean Energy

Kiana: This is quite an interesting part. I have learned from UCA’s white paper that UCA will extract part of the revenue from tokens to invest in the development and production of clean energy, and part of the profits generated from it will be reinvested in UCA tokens. Can you explain to us why you prefer to invest in clean energy, and what positive significance does this have with promoting the development of UCA? What is the strategy behind it?

Bjoern: We think that Clean energy is also the future. We need technologies which have nearly no pollution. So we decided to include the clean energy part into our whitepaper. At the moment there is one prototype of our windmill which is combined with solar panels to get a maximum electricity output of wind and sun energy. 

At the beginning of 2021 we officially start selling our clean energy products. And with the revenue we want to do coin burns.

Kiana: Regarding the clean energy projects invested by UCA, what achievements have you achieved so far, and what good news can you share with us?

Bjoern: With our prototype we tracked a lot of data and were able to make improvements of the prototype.

Kiana: Is there any proposal regarding the merge of UCA token in digital payment and clean energy usage at the moment, or in the near future?

Bjoern: As i told you before we want to do coin burns with the revenue starting in 2021 and you will be able to buy some services and goods with UCA. For example like our E-learning program we will offer to potential partners who want to sell clean energy products.

Kiana: The last question is also our AMA tradition. What are your personal investment tips or suggestions that you can share with DigiFinex users? And could you share with us your portfolio?

Bjoern: Invest only money you don’t need. My portfolio is Bitcoin, Trittium and of course UCA!

Watch

Thank you Bjoern once again for taking time to join us at our 9th AMA! We hope that everyone will now have a better understanding of the UCA Project, as well as realizing the future trends and why it is important to look at sustainable development on all aspects too. You can also show your support by trading the project directly on DigiFinex!

The United Crypto Alliance(UCA), launched by German digital world company Teknoloji Anonim Sirketi, was founded to provide UCA token as a decentralized payment coin, through ATMs, POS, and exchanges to everyone.

To watch the AMA Live: AMA | UCA As A Game Changer in Digital Payment and Clean Energy Investment

Sources: UCA

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