UChain - blockchain for the Sharing Economy

Hello everyone - today I decided to conduct a small analysis and see which companies are currently collecting the necessary amount for further development. Of course, many share the minimum required amounts of softcap and the maximum amount of hardcap required. Each campaign figures are completely different and tokensale differently. After watching the sales of different companies, I came to the conclusion that people in such a red market often buy projects that are either:

  • have a working MVP or prototypes;
  • have a proven strong team;
  • disclose an excellent idea necessary business;
  • are preparing to launch blockchain platforms or platforms implementing applications using decentralization.

The more points coincide, the greater the chances of successfully holding tokensale. Of course, a significant role in successful sales is the fact of the hype about the project on various rating sites, on popular blogs, etc. In turn, if you follow the trend of popular companies, then first goes preICO, which is going to a certain part of the money, and most of the money is collected on ICO, but there are exceptions to the rules and the company UChain collected on preICO all the necessary amount to work in the amount of 18,500,000 dollars and running a bounty company instead of the main sale. Apparently investors understood the prospects of this company and decided not to postpone for a long time a successful investment of their finances. What is not unimportant, is that this amount is very big and what exactly did investors like so much?


First, UChain is a blockchain platform for public infrastructure, specifically designed for sharing. The main principle of the company is built on strengthening and solving problems of trust and abuse of data, so the Uchain team is ready to build its own platform that will be compatible with other enterprises of the exchange economy. All this will be possible thanks to our own API and SDK, which Uchain will provide enterprises that can create their own applications and tokens and work on the main Uchain network. At the same time, the main network will only grow and develop.

In simple words, on their own blockchain UChain companies will be able to create any self-decentralized closed-level applications, with all the necessary tools will provide UChain. The whole network will work in 1 ecosystem, and for interaction will be used 2 tokens UCN and UCP. UCN are standard tokens that will be received after purchase by investors, and UCP is the same UCN token with only the right to vote. UCP also you can not sell or exchange.


Secondly, it is a precisely painted idea, a competently written whitepaper, the right marketing steps and excellent partnerships of the company, which already has experience in the bicycle business (Ubicycle) with more than 30 million users in more than 40 cities in 5 countries. As you understand the credibility of people who are already familiar to you on work in other large companies, albeit not related to blockchain technologies in the past, is much higher than to strangers. UChain team is developing rapidly and is finding all the new specialists and potential partners with investors. This is an Asian project, with an Asian team, and investor confidence in Asian experts is not the last place, since such teams are very hardworking and usually achieve success, which was proved to us by UChain.

Team:

Advisers:


Thirdly, the blockchain UChain itself is very promising and radically different for the better because of the following characteristics:

  • PEER TO PEER NETWORK - a decentralized peer-to-peer network with smart contracts, working to cut off intermediaries. A smart contract with virtual machines supports C ++, Solidity, and SQL commands in an intelligent contract storage system. The use of smart contracts in this blockchain is an additional trump card in the hands of developers and gives undeniable advantages in the long run;
  • DISTRIBUTED DATA STORAGE - Distributed data storage allows you to safely store all information without fear of attack by hackers. So any information is divided into parts, distributed by nodes and reliably encrypted using elliptical cryptography curves. This method of information storage provides excellent guarantees for the security of your information;
  • USER CREDIT PASSPORT - the special passport of users, is the effective decision of behavior of users for cross-applications with the algorithm of a credit rating;
  • TOKEN INCENTIVE - Tokenization of the whole ecosystem is used everywhere and gives equal chances for increasing the participation of both users and businesses.

Also, along with the above listed characteristics, this blockchain has an excellent speed of 1000 TPS and uses the Ripple Protocol Consensus Algorithm to achieve consensus.


The ecosystem shares roles that allow this ecosystem to be managed by users and developers. Users are divided into categories of service users, independent service providers and corporate service providers. Each role provides or uses ecosystem services. Developers, in turn, are divided into Uchain developers and independent developers involved in the sharing and development of Uchain infrastructure.

Involving third-party developers and the ability of any enterprise to interact with the core network reveals the full potential of this blockchain and opens up wide scalability capabilities. Each of the roles of users and developers interacts with each other, jointly developing the ecosystem. Blockchain Uchain, of course, this is not the limit of computation, but at this point in time, this speed will be more than enough for all the necessary actions.


So we looked at several factors that prompted investors to link their future with UChain and I'm sure they made the right decision. In turn, I want to note that I myself really liked this project and I look forward to starting mainnet in the 4th quarter of 2018. After which this platform will be able to show all its strength and reveal its full potential. I am sure that many companies will be able to reach a new level thanks to the company UChain, and we, in turn, can help create a stronger and friendly community of this company to start subscribing to social networks UChain. Thank you for your attention friends. Watch the novelties of the crypto-currency world and develop with it.

Official site - https://uchain.world/#

White Paper - https://uchain.world/css/img/pdf/uchain-whitepaper-dbe5656d6c.pdf

Twitter - https://twitter.com/UChainEcosystem

Telegram -  https://t.me/UchainEcosystem

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

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