Usechain is a platform that is trying to create a more advanced generation of blocking technology, which will eventually lead the industry to the development of blocking 3.0 technology. The bottom line is that all random workflow data and new consensus mechanisms will be introduced to balance high performance and safety. This is the very first mirror identification chain, which should promote a wider application of blocking technology in the future.
To date, a lot of minds and professionals have thrown their strength to solve numerous problems associated with blocking technology.
Many projects are trying to solve certain problems. In 2018, the Usechain team launches its large-scale, innovative project, which will solve these numerous problems at once!
*First of all, users of the Usechain platform will get the guaranteed security of their means and personal data, while leaving the rights freedom of action (Thanks to a specially developed algorithm of a multilevel system of encryption and authentication)
*Updating the smart contract
*Regulation of pricing and setting of public accounts
*Creation of a single peer-to-peer decentralized platform, for circulation and all kinds of actions with crypto currency.
*Creating Your Personal Safe Exchange - DEX sale of Tokens within the platform (Due to the availability of its exchange)
*The ability of the user to create passive investments.
*Absence of commissions and additional fees.
*All transactions are absolutely transparent.
*Creating a new consensus - RPOW (an abbreviation for the word - Randomized Proof of Work, this consensus will increase the number of transactions and reduce the amount of energy consumed, ensure high productivity by reducing the required capacity, in the future, the coining of coins can be dealt with even from your smartphone).
*Using the technology of Network Sharding (The newest technology that confirms transactions, eliminating possible network vulnerabilities and increasing the speed of information processing)
The newest identification system (Creation of an innovative system of Smart contracts that automate and extend the possible actions in the network).
*Interchangeability of failed nodes (If one of the nodes is experiencing some kind of problem or overload, the flow is redirected to the next node, thereby removing the load from the previous one).
The main idea of the Usechain platform is to increase the value of identifying and creating new commercial models of blocking technology, based on the MIP-Mirror Identity Protocol and multi-level integration of innovations. Usechain has a high degree of security for the anonymity of the lock and the integrity of the identity data.
Usechain offers four products on its platform:
*Unlimited identity ecosystem;
*Application of identity card, protected by confidentiality;
*Improved hardware performance;
*Support the most popular business schools.
Benefits:
*Usechain offers an infrastructure to support the development of Daaps decentralized applications in various services and industries;
*The platform allows you to turn assets,
organizations and people into idenity tokens;
*The Usechain ecosystem offers a decentralized and high-performance exchange allowing efficient use of any form;
*decentralized and high-performance exchange will make it possible to separate the identity check and identity verification, based on zero evidence;
*all occurring actions committed by participants in the form of stored information will be displayed with transparency and the inability to modify or lose them in any way;
They plan on solving the above mentioned problems by implementing the Blockchain and existing technologies within it to create a highly secure and decentralised platform that can be used to store Personal Information such as KYC Details, Certificates, Bills and so on.
Today every second inhabitant of the earth knows this concept of the blockchain. More and more projects appear, based precisely on this technology. But even in the latest technologies, there are problems and barriers to the adoption of Blockchain technology by society. And just to solve all these problems, the Usechain project comes to our aid.
Usechain is a decentralized platform that uses blockchain technology, which guarantees maximum protection when working with the project. Usechainuses mirrored authentication technology to make user authorization reliable and secure. The project uses a completely new mechanism for consensus randomized proof of work (RPOW) - this gives the platform a high degree of protection and huge productivity.
Personal data will be securely attached to the Internet purse, which will give impetus to the large-scale use of blocking technology. And this will lead to a new round of development of technology blockade. Usechain with its blockchain wants to reduce the cost of Dapps applications and scale their usage by making DAPP as simple and user-friendly as possible. This is necessary in order to unite the digital world with the real world.
Usechain Platform
They plan on solving the above mentioned problems by implementing the Blockchain and existing technologies within it to create a highly secure and decentralised platform that can be used to store Personal Information such as KYC Details, Certificates, Bills and so on.
I would like to quote the texts directly from their website: We plan on using a brand-new consensus mechanism, Randomized Proof of Work to perfectly balance high performance and strong security, and apply multi-level authentication and encryption mechanism, Zero Proof, Identity Virtual Machine (IVM), Identity Network Sharding (INS), Identity Transaction Sharding (ITS), Enhanced Smart Contract, and other innovative technologies to create a new generation of Blockchain, leading Blockchain 3.0.
What this means in layman's terms that they have used many of the newer improvements and updates that were brought about in the functioning and working of the Blockchain, that it is a much better and improved version of the same Blockchain technology, with much better enterprise level features that makes it much more scalable and flexible for various implementations.
What solutions does the platform offer?
• Thanks to the unique system of mirror identification, users can save their personal data under reliable protection, since the use of mirror identification guarantees full protection from the introduction of malicious programs during the authorization of the user.
• Confidentiality, which is so necessary for users. After all, theft of personal data often leads to a loss of financial resources.
• Identification in a variety of applications will be rapid and effective. You no longer have to spend a lot of time identifying in applications.
Usechain ecosystem
Usechain is the first high-performance mirror blockchain built by leading personals in the field. Usechain has close connections with high rated business schools which gave them a rich source of technology. The ultimate goal of Usechain is to build a blockchain ecosystem with
• Advance technology
• High performing applications
• Rich user community
This system establishes a correspondence between the purse itself and the identity of its owner. All personal data remains secure because the lock-up only keeps the wallet owner's link. They plan on powering their platform by introducing the Usechain (UST) Token which is based on Ethereum's ERC-20 Token. They plan on forking from Ethereum's platform to their own separate, independent Blockchain platform once Mainnet launches and the project gains traction
To know more about uschain please visit there social media
Twitter :https://twitter.com/usechain
Facebook:https://www.facebook.com/UsechainFoundation
Reddit : https://www.reddit.com/user/Usechain/
Whitepaper
:http://www.usechain.net/usechain_en.pdf
Bitcointalk link :https://bitcointalk.org/index.php?topic=3609821.0
Author profile link:https://bitcointalk.org/index.php?action=profile;u=2013131
