Traditionally, ledgers are strictly managed by centralized computer systems until blockchain technology was developed. The Company’s solution is to build the UE Platform using a peer-to-peer distributed ledger (Blockchain). The Company’s business application model combines a cash flow component layer, using smart contracts that attach to revenue produced by the physical GEMs, creating a continuous cash flow directly from the gross revenue generated by the GEM to Token holders in real time.
Our first GEM opportunity relates to the SEG, a revolutionary electrical generator designed to operate as an open-system of ambient energy which converts into electrical power. The machine is based on four material ring layers and new techniques in magnetic printing on the magnetic ring layers.
R&D
Designed and start of construction and assembly for 500kW SEG Magnetizer
2017
Design and construction of magnetization platform for both SEG stator and rotors ring layers.
Magnetic material research and machining techniques development for SEG Segment sizes and large stator rings.
Completed the construction of the 500kW SEG Magnetizer as the only one of its kind.
Q1 2018
Consolidated and finalized the terms of the partnership between UEC and SEGM.
SEG development plans and the operational budget established for 2018.
Precision machine shop heavy equipment order and installation.
Market research and ordering of Magnetic and Rare Earth materials from Asian manufacturing sources.
Q2 2018
Human resources - Hiring of highly skilled personnel in project research and development.
Magnetics development of a highly proprietary magnetization process exclusively for the SEG.