INTRODUCTION
The blockchain technology has been of significant contribution to the development of most industry today. That’s what the decentralized smart contact used for most cryptocurrencies such as Bitcoin and Ethereum are based and has helped different sectors from moving from the centralized to a decentralized method of operation. But different challenges are limiting the massive adoption of this blockchain technology; the low scalability, advanced technical know-how and Low-performance efficiency are just a few of the issues inhibiting the use of this technology. But these challenges have not stoped blockchain technology from contributing immensely to the advancement in technology and revolution of the method of operation in most industries of the world. Though the blockchain technology has not been fully adopted by everyone, the anonymity of the technology during transaction contributes to the reason most enterprises of the world did not embrace this technology. This is because most investors and potential users believe the technology can be used for illegal activities like money laundry and purchase of hard drugs since the identity of the users is anonymous. In a bid to solve these challenges, Use chain is a blockchain based platform coming up with a mirror identity blockchain that will take care of scalability, and other problem encountered by potential users of blockchain technology thereby facilitating its massive adoption.
WHAT IS USECHAIN?
This is a platform developing a mirror identity blockchain ecosystem that will address the present blockchain technology issues thereby allowing it massive adoption. This will offers efficient supports, transactional management, few technical barriers and identity base for the global market. The usechain platform will be the first identity protocol utilizing different technologies that will solve the present challenges faced in the utilization of blockchain technology. This content will explain the challenges of the current blockchain technology and how Usechain can help address it:
BLOCKCHAIN NETWORKS AND ITS CHALLENGES
The present blockchain network such as Blockchain and EOS has been of significant contribution to how different industries operate. But this technology still has its issues inhibiting the massive adoption. The present blockchain technology is decentralized which makes identity matching difficult and offers an avenue to illegal use such as money laundry, hard drug and terrorism funding. These few challenges deterred most industries form incorporating cryptocurrency as their mode of transaction. The technical analysis of this technology is another great concern to most industries because the process of developing an application that is fully operational on blockchain technology is not what just any programmer can do. Delayed transactions and congested network are few of the challenges also faced when using this blockchain technology for different operations. The PoS lack scalability but still has its advantage when it comes to efficiency also Delegated Proof of Stake (DPoS) utilized by EOS is not decentralized in any way. The ridiculous transaction fee and congestion faced by the ethereum network can be due to the large organization using this technology for payment resulting into a longer time for transactions to be executed. All of these challenges limit the adoption of blockchain technology in most industries of the world.
HOW THE USECHAIN CAN SOLVE THE BLOCKCHAIN CHALLENGES
Usechain is bent on solving the issues of identity matching and others challenges preventing the massive adoption of blockchain technology. Below are the areas the Usechin platform will improve on:
The Mirror Identity Blockchain Network: The Usechain will be utilizing Randomized Proof of Work (RPOW) algorithm which will be the game changer for the blockchain technology. This mirror identity will allow confirmation of real user while still maintain the privacy aspect.
Usechain Sharding Technology: The nodes used for the present blockchain technology coupled with congestion can result in longer transaction confirmations. In providing a lasting solution to this challenge, Usechain utilizes sharding technology based explicitly on KaZaA P2P protocol which confirms transactions in a few seconds. This will make transaction faster and increase the volume of transactions.
Network congestion: The congestion issue in the present blockchain technology makes the transaction confirmation longer than expected. The Usechain makes use of a subchain that makes transaction faster. The sub chain will be able to manage the individual needs thereby dealing with issues of network congestions during transactions.
TECHNICAL FRAMEWORK OF USECHAIN
The Uchain is categorized into upper and lower level kind of applications. The technology framework to provide a mirror blockchain technology is classified into a smart contract, data, and incentive layers. These properties are combined to offer an innovative blockchain technology that solves all the issue faced from the recent blockchain technology. And this makes the technology first of its kind in the blockchain ecosystem.
TEAM
The use chain team involves blockchain experts and IT professional from the different part of the world. This team will surely help with the success of this project.
ADVISORS
CONCLUSION
Use chain blockchain will solve all the current issues faced by the present blockchain technology and allow the massive adoption of the technology. This will allow multiple transactions to take place without any congestion and improve the speed of transactions.
Website: https://www.usechain.net
Whitepaper: https://www.usechain.net/usechain_en.pdf
Blog: https://medium.com/@usechain/
Twitter: https://twitter.com/usechain
Facebook: https://www.facebook.com/UsechainFoundation/
Telegram: https://t.me/usechaingroup
AUTHOR'S DETAILS
Bitcointalk Username: Bountyfit
Telegram: 
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2256159
