BitUN is a blockchain project led by a Singapore-based team. Announced in February 2018, the platform aims to play the role of both a private savings bank and an investment bank, providing traditional banking services over a blockchain-based platform.
The platform is based on Lightning Network 2.0. All transactions on the platform are performed through the BitUN Lightning Network channel. BitUN uses this channel to execute smart contracts that govern all transactions.
In addition to offering a multi-chain wallet, BitUN will offer an “ICO Store” that hosts vetted ICOs. The ICO Store will become a trusted source for well-established ICOs, allowing investors to easily participate in powerful new investment opportunities.
BitUN is a digital assets bank created by the Higgs Block Group team. The bank seeks to optimize the digital assets management process, allowing customers to hold funds in a multi-chain wallet, then exchange funds within that wallet using the Lightning Network 2.0 protocol. BitUN will also launch an ICO Store dedicated to hosting vetted ICOs with a strong business model.