With the project creating an identity management system / user information on the blockchain mechanism, user information will be managed decentralized thereby creating a clear and transparent public ecosystem. To better understand, I would like to first clarify the state of the user information management system.
And Facebook is one of the giants of the platform
A platform make earn money revenue by taking the user's habits from which to know what users are looking for, what they like and the daily habits of users. From there, sell this information to businesses that are in a position to sell what they have, which may be good if they just stop there.
Recently, in early 2018 an article reported that the personal information of 87 million Facebook users were incorrectly shared with the Cambridge Analytica data company.
Since then, users have been wary of the current centralized information management system technology.
User information can be use any time, and it is completely up to the service provider, with the digital age that it is very dangerous.
Consequently, in response to the needs of the world, USECHAIN has applied the blockchain technology platform to manage customer information in a decentralized manner. From there, users can manage their own information and only provide some basic information to help identify.
Not only that, this project is considered as a leading technology in blockchain 3.0 technology
I will take the definition of the author about USECHAIN
Usechain is committed to developing the first mirror identity blockchain ecosystem by shaping itself into a worldwide platform with a rich variety of application scenarios, the largest communities and the most advanced technologies. Usechian empowers identity and makes everyone on-chain with a very low barrier. Individuals can participate in the ecosystem by investing time, attention, asset, etc. to create value. Subsequently, participants will be rewarded fairly in the ecosystem, allowing value to be given back to the original users, thus eliminatingmonopoly and third-party giants in the current society.
what's mean mirror identity?
As shown above, this project will identify the user but still ensure that it is a confidential information then through the wallet address and transaction records are still publicly, transparent.
From there usechain will provide commercial applications to support us the services they sell as well as we need without revealing the user's information. As well as other services such as global payment, financial services, ... do not need to pass the third intermediary is the bank but still ensure that there is a real identity.
In addition, USECHAIN management tools around the world will be easier to manage and verify identity as the basis for legalization and make Cryptocurrency a widely used payment medium the world in international payments, banking transactions, ....
For each legitimate address, the other negative aspects of Cryptocurrency will be eliminated, since each address is legally created, have the identity is clear and the retrievable is may.
This will be a platform in the future to bring the world economy to the new era
If you are looking to invest in a certain currency.
I believe that USECHAIN is a right choice, I will give you some information about it's project delopment
Tokens
RoadMap
2016
● Determine identity-based blockchain.
● Research on algorithm of identity-based blockchain.
● Put forward the concept of identity tokenization.
Q1&Q2 2017
● Determine design principles and objectives.
● Compile development plan.
● Officially launch the Usechain project.
Q3 2017
● Design system architecture and basic protocol.
● Integrated planning of ecosystem.
Q4 2017
● Develop underlying public blockchain.
● Cooperate with partners to explore application scenarios.
Q1 2018
● Develop fundamental functions of underlying public blockchain.
● Develop address-identity mapping system.
● Certification Authentication Center Service.
Q2 2018
● Develop privacy protection system.
● Form core community and achieve 50000+ people.
Q3 2018
● Develop software-based RPOW consensus algorithm.
● Develop enhanced smart contracts.
● Develop TPOS consensus algorithm.
● Launch beta version of main chain.
● Achieve 100000+ people in the community.
● Launch the first DApp.
Q4 2018
● Set up sub-chain structure.
● Develop cross sub-chain communication.
● Build Usechain eco-fund to accelerate ecosystem development.
● Develop multi-industry vertical community.
2019
● AI system of address behavior analysis.
● Develop tokenized multi-node system.
● Develop hardware-based RPOW consensus algorithm.
● More multi-industry identity-based DApps.
● Launch decentralized exchange.
Read more information in the ohter chanel below:
Website: http://www.usechain.net/
Weibo: https://weibo.com/usechain
Twitter: https://twitter.com/usechain
Facebook: https://www.facebook.com/UsechainFoundation/
Telegram: https://t.me/usechaingroup
Reddit: https://www.reddit.com/user/Usechain
Profile Bitcontalk: https://bitcointalk.org/index.php?action=profile
Before, i have been write a post with vietnamese, read it if you know Vietnamese
https://steemit.com/ethereum/@hoaihuyle/usechain-guong-danh-tinh-blockchain
