Welcome my dear subscribers.Today I will tell you about a unique project.Usechain is a unique platform based on Blockchain technology, which is designed to identify the person and bind this data to various services. It can be wallets for storing cryptocurrencies, various applications, insurance services and various banking services, and much more.
The Usechain project is the development of the world's first mirrored blockchain system that improves the use of block technology. The authors of the idea intend to improve the performance of the blockchain by providing effective transaction management based on the identification system. Its low technical barriers should allow it to be used in the mass market.
The Usechain project system appeared in 2016. The developers were in no hurry to present their project as a "new brilliant idea" - they preferred to slowly finalize the idea, create a clear plan for launching the platform, and then go to the crypto-currency market to sell their tokens. The launch of the beta version of Usechain is planned in mid-2018, the project is planned to be fully implemented by the middle of next year.
Usechain Application
Payment systems and decentralized financial applications;
Applications built on the principle of sharing economy;
Secure IoT solutions;
Insurance;
Lending;
Decentralized cryptocurrency exchanges, etc.
In accordance with the prerequisite of the same level of security to ensure privacy between the block-chain identification and anonymous public block-chain, Usechain can provide infrastructure support Dapps used in various sectors through the MIP, and the separation of identification and authentication is based on the proof of zero knowledge. At the same time, thanks to multi-level innovations in technology and design structure.
If you highlight the main functions of the project in a nutshell, it will be:
Improved performance of all hardware
The privacy of the individual
System identification in the boundary shape
Support the graduate school of business
Usechain's goal is to develop the first mirror of the blockchain ecosystem.
On the basis of existing technologies in the blockchain, Usechain will be the first public bloccano built to mirror the Protocol and will be integrated with the multi-level innovations in technology and design.
Usechain is the blockchain focused on the everyday application of how in different technologies and in everyday life. Create your own platform to identify the person on the basis of his wallets and other data. The scope of application is huge and diverse from credit and financial services to insurance companies and state organizations.
However, it is important to remember that Usechain can solve the Impossible Trinity problems from a new dimension of scale, security and decentralization, especially in the long run. With the support of academic and commercial institutions from around the world, Usechain will continue to work only on the basis of such fundamental principles, which will be most useful for a variety of people and companies from around the world. Usechain aims to develop a robust ecosystem that meets the needs of everyone who wants to take advantage of the platform,
As identical to the first mirror block-chain, Usechain will constantly build a platform and introduce high-quality resources based on reliable technology and business and academic support of the best business schools, at the same time Usechain will contribute to the design and implementation of commercial projects with leading commercial and application platforms in various industries gradually form a low-cost system the blockchain to increase the efficiency of the industry. To accelerate the development of the Usechain ecosystem and lead the industry to blockchain 3.0,
Although 99% of Blockchain projects are anonymous, Usechain aims to create a much more transparent Blockchain designed for serious identifiers. Authentic identification, as a rule, makes a revolutionary consensus identification technological innovation appear to be accurate with a high degree of security.
Road map
Two thousand eighteen
Starting from the 3rd quarter, it is planned to activate the platform, in particular, it is planned:
To develop a new algorithm of agreement on RPOW.
Design of new features of existing smart-contracts.
Create a new type of algorithm for TPOS consensus.
Start-up of the updated beta version.
Press release and launch of DApps platform.
In the 4th quarter of 2018, the developers promise:
To configure a block circuits for the second level of the blockchain.
Implementation of cross-platform network communication.
Creation of the acceleration Fund for the platform.
Launch of a vertical multilevel infrastructure.
Two thousand nineteen
This period will be the year of big plans, where the following tasks are planned
Address system release for AI.
The introduction of multi-core structural blockchain.
Run hardware Protocol RPOW.
Release of multi-industrial version for DApps-applications, with the introduction of advanced identification technology.
Start of operation of the decentralized platform for the exchanger
The usechain platform also introduced sharding technology.
Sharding will allow you to confirm only the part of the transaction to which it belongs. It is this technology that will allow to increase the speed of transactions. A unique identification system that will provide an opportunity to interact with the user only with their personal information, applications and resources.
Token
The name of the token: UST
Its type: ERC20
Soft Cap: 1350 BTC;
Hard Cap: 4500 BTC;
Total tokens: 20bn
Allocated for sale of the total: 45%
To buy fit the following currencies: ETH, BTC
Usechain will release its official token-UST to encourage users and developers, as well as as a currency within the system.
UST tokens will not be sold or used in any jurisdiction that prohibits the sale or use of cryptocurrency.
Team
The team consists of 10 people. They are professionals in the field of IT technologies, with extensive experience in various developments. Among them are professors and teachers of various universities.
The Usechain team introduces a number of innovative solutions used on the basis of mirror identification. A whole staff of employees specializing in blockchain, who are partners and expert persons of large technical teams, is allocated for this. Usechain has established strong ties with successful business schools and intends to intensively increase cooperation by developing applications based on identification.
With coverage in the major media things are a little worse, but nevertheless – reviews on Usechain left resources Yahoo, MarketWatch and other major financial publications. And of course there was a huge response to the project has caused China's financial reviewers. At the forums of China, the project has become even more discussed than the recent top 1 promising QuarkChain ICO-and this means a lot.
The platform is based on the mirror identification Protocol, combined with high-level innovations within a specific structure using innovative technologies.
The main goal of the project is to eliminate delays in the development process based on blockchain technology and to provide a perfect balance between scalability, security and decentralization.
More information you can find here:
Official website: https://usechain.net
Whitepaper: http://www.usechain.net/usechain_en.pdf
Telegram group-https://t.me/usechaingroup
Twitter : https://twitter.com/usechain
Facebook: https://facebook.com/UsechainFoundation
Reddit: https://reddit.com/user/Usechain
Linkedin: https://linkedin.com/company/usechain
Instagram: https://instagram.com/UsechainOfficial
BitcoinTalk: https://bitcointalk.org/index.php?topic=3432061
Author: https://bitcointalk.org/index.php?action=profile;u=1725951
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