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 DAPP 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 

 Main features Usechain.  

• Application of RPOW technology. 

In simple language, this technology will increase the number of transactions per unit of time, but at the same time spending less energy. And yet, thanks to the RPOW, it will be possible to mine even on simple gadgets: tablets and smartphones.

• Multistage identity authentication mechanism. 

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. 

• Identity Network Sharding (INS) or Shading Shading Technology. 

This technology only confirms the piece of the transaction to which it belongs, which also increases the speed of transactions. 

• Tolerance to network disruptions. 

In case of an ambiguous situation in one of the nodes, the system automatically suspends their work. A decision on them will be taken in the future separately. 

• Identity Virtual Machine (IVM).

This is the new standard for smart contracts. It enables you to collaborate with external applications, and also significantly increases the number of application scenarios on Usechain. 

Team

 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. They have not yet set a date for their ICO sales as of writing and this may be updated in the coming months.The Team and the Advisory Board are mostly based from China. The Founders and rest of the team has adequate experience in Finance, Marketing, Retail, Blockchain, HR and Community Management respectively. The advisory board consists of experienced Analysts, VCs, Investors, Entrepreneurs who also bring along their expertise in fields of Retail, Economics, Internet Technologies, Business Management, Business Development, Blockchain, Investments and Finance. 

Conclusion

  If the team succeeds in implementing the plan, we will see a decentralized platform with a unique functionality.  Today, it has no competitors. Now there is an active work on attracting the second wave of investors - it is necessary to introduce artificial intelligence into the platform, and this is associated with additional costs. Part of the funds will be received from the sale of tokens -  almost 70% of the money is planned to spend on the development of the platform.

For those who choose a project for investment, pay attention to Usechain, a very worthy candidate: an excellent and necessary idea, a professional team,  well-known advisers, simply excellent ratings on all independent venues. Participate in Usechain or stay away - it's up to you. But the project is really unusual and attractive for investors! Participate in Usechain or stay away - it's up to you. But the project is really unusual and attractive for investors! Participate in Usechain or stay away - it's up to you .

  For More information follows;   

Website: http://usechain.net

Whitepaper: https://www.usechain.net/usechain_en.pdf

Telegram: http://t.me/usechaingroup

Twitter : https://twitter.com/usechain

Facebook: https://facebook.com/UsechainFoundation

Reddit: https://reddit.com/user/Usechain

Linkedin: https://linkedin.com/company/usechain

Instagram: https://instagram.com/UsechainOfficial

BitcoinTalk: https://bitcointalk.org/index.php?topic=3432061

  Keep Tabs On Me Daily articles about cryptocurrency and blockchain based projects.  

Steemit || BitcoinTalk Profile