A Closer Look at USECHAIN TECHNOLOGY: Randomized Proof of Work (RPOW)

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Greetings! Today I will tell you about an interesting project that has a mirror image of blockchain technology, and it's called Usechain. The project is based on the principle of mirror identification blockchain.

What problems does the project solve?
The appearance of bitcoin made a lot of noise at the dawn of the emergence of the crypto industry. The second most important token, Ethereum, implemented smart contracts in its time, proving that the technologies of the crypto industry are truly limitless. Nevertheless, against the backdrop of the emergence of new technologies, old standards are gradually being removed, but sometimes it happens that new innovations have problems for practical application.

Along with the development of new technologies, there are problems that are solved with difficulty, such are:

· Low transaction processing bandwidth has turned into a noteworthy issue in the method for expanding the adaptability of activities. By the way, bitcoin is able to process no more than 7 transactions in 1 second. The ethereum has gone far - only 25 operations per second. This year, the EOS network appeared, which promises up to 10 thousand transactions per second, but there are also technical problems with which the SEO developers struggle with difficulty.

· Issues with obscurity Hackers and hacking have turned into a real scourge of the crypto business. The introduction of modern technologies will make it possible to change and reverse the situation, but so far many cryptprojects are far from perfect in terms of availability for cyber-fraudsters.

Features of the project
In order to understand the basic principle of mirror locking, Usechain positions itself as a user-friendly platform. The main task, maintaining the security of the user database, while you need to correlate the ID data with the real physical user. Such a method will allow business, the state and other interested persons to be sure that there is a real and honest person on the other side of the screen, and not a robot or a fraudster.

The architecture of the project includes the following add-ins:

· Multi-level level for user verification. In this technology, the only attempt will be to identify the user's data and compare it with the real person or organization. In the future, a minimum set of actions will be required to verify the data.

· RPOW randomization algorithm. The project plans to increase the number of transactions through a new algorithm. In the future, it is planned that mining with this protocol will be possible not only in industrial data centers, but also on a mobile device. The technology will be analogous to the current PoW consensus protocol.

· Network sharding. The traditional blockchain scheme will be improved and replaced with new add-ons and shells, among which sharding should be the first to expand the possibilities of the traditional blockchain. Sharding should solve the problem of the vulnerability of existing technologies for the detachment.

· New verification standard. The undertaking will execute its standard for smart contracts, which will enlarge the scenarios for the choices and functions of the Usechain applications.

Where the Usechain project will be applied
As mentioned above, an ecosystem will be needed wherever verification and identification are needed. On the official website of the project there is a recommendation where you can use the cryptoproject:

· In payment services and financial applications of companies dealing with money issues and issues.

· In dApps-applications, which use the so-called principle of joint solution of economic issues.

· In Internet things - IoT.

· In the insurance business.

· To lend to the population and organizations.

· For the operation of a decentralized crypto-exchange, etc.

The ecosystem application segment is constantly expanding and updating.

The project team
The team consists of 10 main project managers, as well as 6 advisors. All project advisers are proven and reliable individuals who have practical experience in promoting start-ups in Southeast Asia. The founder of the project is Henry Cao, who is a successful businessman and a specialist in MBA technology. The partners of the project are Yahoo Finance, the service of the social network of businessmen Albany Business, the Research Center Review, Cisio and others.