More detail: https://ohiobitcoin.com/coins/ultracoin
Designed in February of 2014 by a small team, Ultracoin (Symbol: UTC) is a digital currency which can meet the requirements of a real-world currency. Hundreds of years of central banking have compounded the world economy with instability, crony-capitalism, drawn out wars, colossal governments, and an unsustainable system of government backed fiat. The tides are starting to change, and the world is beginning to see the inevitable sunset of Keynesianism, and the rise of distributed tokens. To fulfill these expectations, Ultracoin was designed to guarantee that the primary principles of currencies: it must be a unit of account, divisible, stable, and accepted. The Ultracoin management team and community are obsessed with satisfying these requirements, especially acceptance, which we believe is the staple of any successful currency.
