Qwark is an Ubiq-based token swapped and rebranded from Sarcoin. The swap took place at a 1:1 rate. Qwark runs on a custom built blockchain called Ubiq, an enormously powerful shared global infrastructure that can move value around and represent the ownership of property. This enables developers to create markets, store registries of debts or promises, move funds in accordance with instructions given long in the past (like a will or a futures contract) and many other things that have not been invented yet, all without a middleman or counterparty risk.
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