1. Universa Blockchain is a protocol and a blockchain platform for creating business applications by new cheap and easy way of creating smart contracts insteads of depending costly mining processes, which can act as cash substitutes, in a somewhat original way.
2. Various business fields' smart contracts and DAPPs can be created on Universa platform (e.g. IoT, automatic payment, simpler loans application), aiming at solution of real sector economy problems. Further more, Universa can compute 1000 times faster and transact 100 times cheaper than Bitcoin.