Usechain- the strength of mirror identity public blockchain

Modern technologies do not stand still and are constantly evolving, giving users new opportunities. Blockchain, as a breakthrough in the technology of storage and data transfer, is being improved even more rapidly, therefore security protocols and work with this network are rewritten every second. Despite the large number of developers, fresh ideas and resources that work in this sector, there are a number of problems that prevent the blockchain from entering a broad market and taking its place. There are such complications:

slow speed of operations;
high requirements for the performance of iron;
lack of clear security protocols.
All these problems are able to solve the completely innovative network Usechain. The developers offer a completely unique project, the world's first blockchain-system with mirror identification, the algorithm of which is capable of making a breakthrough in the technology of data transmission and storage.

The main concept of the project
The developers of the platform have set themselves an ambitious goal - to bring to everyday level the use of chain-locked chains and crypto-currencies. Such a breakthrough is possible if a balance is reached between three aspects:

scalability;
security;
decentralization.
The ecosystem of blockchain-projects is growing very fast now, and soon you may need a single network that will be compatible with a large number of different applications.

Improving the work processes, upgrading the security protocols makes the system more transparent and faster.

Thanks to multi-level authentication, the latter go to a completely new level. Modern methods of encryption and user identification helps the system to recognize users, keeping only the connection of the wallet and the owner. Thus, personal data remains safe, not being stored in the online space.

The protocol "ZSK" will also be built in the system. "Know Your Customer" is an algorithm that is mandatory for all financial transactions. Its essence lies in the fact that before conducting a transaction it is necessary to perform a counterparty check. Checking the subject in the sanctions lists is checked. Also, this protocol is designed to prevent possible financing of extremists and terrorist organizations. However, due to the absence of a single one, it functions much more slowly and does not always provide up-to-date information.

Usechain is not only designed to unite all the same network for further cooperation, but also to create a single register of all participants to further simplify the work of "ZSK". Thanks to the availability of a single blockchain space and modern search algorithms, the speed of the user identification operation will be increased several times, which will allow carrying out financial transactions much faster, obtaining the most up-to-date information as soon as possible.

The technical characteristics of the platform are brought to the next level, which significantly reduced the requirements for software, which is used on communication nodes. It also caused a decrease in the negative effect on the environment.

The platform is built on the principle of using advanced technologies, therefore the productivity of each node is built as efficiently as possible, which in turn increases the speed of the entire network.

A number of new protocols and algorithms have been introduced into the system:

Multi-level system of user authentication. Allows the user's personal data to be kept secure, showing only traces of activity in the blockchain structure.
The bypass authentication system serves as an optimizer and an accelerator for the logon process.
Sharding also improves performance and reduces the time to approve the transaction, thanks to the ability to request approval only from the sector in which the address is registered, and not from the entire network.
Usechain will work fine in the financial sector, and where the identity of the counterparty matters. This also includes banking operations, registration of insurance, stock exchange crypto-currencies, etc.

Project road map


For the first time the development of this network was launched in 2016, when the study of identification problems and ways to improve the security of electronic purses began. In 2017, an official start was given to the company to develop the online space, and by now specialists have developed implementation schemes, started the layout of the basic protocols and a full-fledged design of the ecosystem.

In 2018, a new reconciliation protocol was added. In the next two years, it is planned to develop a consensus algorithm, test a test version of the main communication nodes, configure a network of secondary nodes and begin working with a cross-network scheme that will allow you to carry out actions with various crypto-currencies. It is also planned to begin work with the AI-system for analyzing the behavior of addresses for the correct operation of the "ZSK" protocols.

Thus, the project is still at the development stage, but its prospects are rather worthwhile, since the output of the blockchain structures brings to the next level all the processes in the network. The main currency within the structure will be a new ERC20 token. They will ensure the smooth operation of all processes at an appropriate level. The main currency to which they are tied is Ethereum, but they are able to work with other crypto-currencies.

Therefore, the project gives great hopes for bringing together two worlds, physical and online, by replacing most of the standard financial transactions and improving overall security on the Internet, and low software requirements will allow to work even on mobile devices.

More information about the project you can find on the official website of Usechain: http://www.usechain.net

And also in Whitepaper (white paper of the project): http://www.usechain.net/usechain_en.pdf