Description: UBIC is a cryptocurrency that uses the NFC chip of the passport to distribute coins to everyone.
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Get it on the App Store Get it on the PlayStore Block explorer How it works UBIC is a CryptoUBI, which means that most of its coins are distributed directly to users in the form of a universal dividend. This is sometimes referred to as a freedom dividend or universal basic income (UBI).
In order to ensure fair distribution, and to avoid double claims, every participant in the Universal Dividend program must verify himself using his passport.
Verification is done by reading the unique digital signature the government appointed to the NFC chip in your passport. Your personal data such as your name or facial image are not read out during this process and your identity remains hidden from the other UBIC participants.