Friends - more and more often considering perspective platforms and ICO I start to catch yourself thinking that one of the most innovative and popular projects is the blockchain platform. They are able to show the full strength and advantages of decentralized platforms, expand the horizon and increase the massive introduction of blockchain systems into existing projects.
Even if we consider the ICO from the point of view of profit, then the blockchain platforms also go ahead of the rest of the companies, confidently collecting softcap and hardcap. This is facilitated by a number of factors, among which are the perspectivity, innovativeness of such platforms, which are taken into development mainly by experienced teams with the support of large advisors and investors. I will not give examples of such a comparison, if you find it necessary, you will be able to find all the necessary information. Personally, I am interested in developing the crypto-currency world in the long term and in my reviews, I consider companies that will be useful to society for a long time. And my choice as you might notice stops in most cases on blockchain systems, capable of solving a variety of tasks, including:
Blockchain platforms, in turn, do not stand still and are constantly being upgraded. There is no clear definition of which generation should be blockchain 1.0, 2.0, 3.0, 4.0 - each company tries to assign its platform as high as possible in order to increase the attractiveness of its system for potential investors. At least we can say for sure that bitcoin is the first blockchain we know, etherium with the introduction of smart contracts has secured blockchain 2.0, and the name blockchain 3.0 has been using a lot of platforms that have implemented innovative principles of operation compared to previous systems. But we are dealing with projects not by name but by content and it does not matter to us what kind of blockchain it is, it is important for us what it is capable of, what functions it has and whether it is really so useful for the world as a whole.
Each existing blockchain platform is important, but almost 99 percent of existing systems are anonymous and do not even try to eliminate this gap. After all, if you do not pay for the services that you use, such as facebook, twitter - then you pay with your personal data and advertising. Studies have shown that existing ways of checking identity are very expensive and in the UK alone they exceed £ 1 billion per year.
Huning (Henry) CAO - professor of finance, chairman of the financial department and director of the financial MBA in the CKGSB as early as 2016 conducted an investigation of the blockchain-based identification algorithm and put forward the concept of labeling identity. Henry concluded that the blockchain, built on identity, together with the chain and without chain information will increase the reliability of the global economic and financial system. In 2017, the launch of the Usechain project was announced.
Usechain-this is the next generation project that proposes to solve the following problems:
KYC is especially important for the financial industry since most of the financial world is afraid to join the crypto-currency world, just because of the lack of identification. Usechain conforms to the KYC standards of traditional financial institutions, shifting the emphasis from "who are you" to "what can you do", which makes it more compatible with applications outside of your own ecosystem. The launch of the system will significantly reduce the cost of identity identification and reform the existing financial industry.
In the world of the blockchain, there are various systems and methods used to reach the agreement and prevent a network attack. They are called consensus algorithms. Currently, several similar algorithms are used and there is no definite opinion which one is better, more reliable and more efficient. Let's consider the basic algorithms:
In addition, RPOW together with the identity protocol helps to eliminate duplication and the creation of anonymous accounts for mining, which provides increased security and transparency in the decentralized network.
As you can see, blockchain technology does not stand still, constantly evolving. One algorithm replaces another, constantly solving existing problems. The company Usechain is ready to provide the world with a more perfect, honest and secure blockchain based on RPOW. With this algorithm, many companies that have not previously worked with blockchain because of the lack of KYC can now begin to use decentralization and reach a new level.
I am sure that this blockchain will take the leading place in our world and will find major partners even at the state level. Since for the state and world financial system, it is simply necessary to identify the individual in order to fight money laundering and crime. Also good for the development of Usechain support for work on different platforms, using a virtual identification machine(IVM).
Token Sale starts 20 июня
Usechain - токен UST, совместимый с ERC20 Ethereum
Total Tokens: 20,000,000,000
Available for Token Sale: 45%
Hardcap = 32,100,000 USD
Official site - https://www.usechain.net
White Paper (project) - https://www.usechain.net/usechain_en.pdf
White Paper (technical) - https://www.usechain.net/usechain_tech_en.pdf
Bitcointalk ANN - https://bitcointalk.org/index.php?topic=3432061.0
Telegram - https://t.me/usechaingroup
Author:
Bitcointalk - lesnik_utsa
Telegram - https://t.me/lesnik_baunty
This publication is informational in nature. The article should not be seen as an investment recommendation or advice. Readers of this review article must make decisions based on their own judgments, taking into account financial circumstances, investment objectives and the risk limit before investing funds.
