How is Baseledger governed?

How is Baseledger governed?

For an enterprise grade solution, the decision making, the documentation of these decisions, and the report on any progress on development side should also be professional and as decentralized as UBT as a token already is. This is the reason we officially founded the Baseledger Governance Council (baseledger.foundation). The decision for this structure has happened in communication between Unibright and German Regulators, for example to ensure that the UBT token model is properly applied, future proof and compliant.


The tasks for the council members governing Baseledger include assessing, negotiating and voting on the governance rules, running nodes, appointing other parties to run nodes and representing the Baseledger network. The council members work on adjusting the overall rules and conditions of the network if necessary, work jointly on the core-software (along with the public source community), manage network pricing, drive customer on-boarding, and work on a flexible path to ensure regulatory compliance.


We are happy to welcome Consensys Mesh, Concircle, Finspot, SPO, Iconic Holding, Unibright Benelux, Lakewood Consulting and others to be founding members of the Baseledger Council!



Find all the details here: 

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