In this day and age and with the advancement of the internet, an individual or entity’s identity is important to be guarded. Many individuals and organizations have suffered the issue of their identity protection. According to a study conducted in 2014 by CTRL-shift, a significant £3.3 billion was spent per annum for the cost of identity protection in the UK alone.
Usechain Orchestrates For Identity Protection
Usechain is a platform that is pioneering on developing the first decentralized system that will overlook mirror identity and provide an ecosystem that will accommodate blockchain mirror identity. In Usechain’s parlance, mirror identity can be defined as the identity address mapping protocol that is being utilized in the ecosystem.
Its main objective is to provide a platform where an efficient and identity sensitive and transaction management can take place. The mirror identity technology of Usechain solves the identity protection mistrust in the society. Usechain also aims to design a more transparent blockchain built on real identities.
Usechain is a self-sovereign identity blockchain network based in Singapore. Usechain uses many innovative features such as Randomized Proof of Work, blockchain and a host of other technological elements to ensure that their aims are achieved.
Solutions Offered By Usechain
Usechain in a bid to strengthen mirror identity and speed up the adoption of the blockchain technology and network offers an array of solutions to its users. They include:
Enhanced performance
Usechain is designed to facilitate an efficient transaction and accommodate decentralized apps. This network has a blockchain technology built with a real identity to take the decentralized system to a completely new dimension. The framework of this sovereign network is fashioned to promote a scalable, reliable, authentic and secure system to uphold the value of the blockchain.
Technical barrier remover
The smart contract integrated into Usechain is used steadily to enhance the performance of application protocol and providing a new definition to the interface of internet technologies by making them user-friendly. All of these are done at a low cost and risk-free for advancing technologies.
Minimal Energy Intake
The hashing power causes the large consumption of power during computing of the technology. Usechain due to its identity mapping feature minimizes this significantly by reducing the dependency on hashing power.
Use Cases for Usechain
The provision of security, ease, low cost and effective data transaction while maintaining cyber obscurity is one of the yearning demands of cyber users. An identity as seen by Usechain is immensely vital for an individual or an organization. This has been under threat since the inception of technology advancement.
Usechain sees this is a necessity to engender the adoption of blockchain and the networks associated with it. Using innovative technology, Usechain makes the blockchain technology more credible, reliable and transparent. This way a healthy and unwavering growth will be maintained in addressing the blockchain identity.
Roadmap
Partners and Advisors
The Usechain Team
The team behind the invention of this innovative blockchain technology comprises of experienced persons who have acquired an immense knowledge of the industry. Henry Cao, a finance professor at Cheung king Graduate School of Business and co-founder Baohong Sun, a marketing Professor at Cheung king Graduate School of Business, founded Usechain.
Other members that are part of engineering the realization of this innovative network are Shengli Zhang, Feng Zhang, Erik Xu, Andy Zhou, Lin Zhao, Amanda Shen, Gengnan Song and Liang Zhang. These team has made several kinds of research and discovered ways towards promoting cyber identity and the blockchain adoption.
Conclusion
Usechain has offered a digital solution which makes it stand out amongst its competitors. Blockchain offers a part solution to identity theft but Usechain modifies and enhances this solution. This ecosystem uses a protocol that identity off-chain remains unknown and privacy is highly secured.
Usechain unlike their mainstream competitors Bitcoin and Ethereum offers and solves the identity of internet users. It paves a new path of achieving security and decentralization of the internet technologies based on a massive scale.
Its only the address of the user that is mapped on the blockchain. Now, the users’ information can be on the blockchain technology without an intrusion from a third party. Usechain is absolutely a frontier of the blockchain revolutionary to offer a better and efficient decentralized transaction in our modern world.
TOKEN SALE OVERVIEW AND DISTRIBUTION
TOKEN SALE: 20TH JUNE
TICKER: UST
TOKEN TYPE: ERC20
TOKEN PRICE: 1 BTC = 1,000,000 UST
FUNDRAISING GOAL: 29,200,000 USD
TOTAL TOKENS: 20,000,000,000
AVAILABLE FOR TOKEN SALE: 45%
To learn more about Usechain, visit the following links for more information
SOCIAL LINKS
TELEGRAM
ADDITIONAL LINKS
