THE BLOCKCHAIN 3.0!
The blockchain technology has transform drastically how businesses are operated in recent times.
Industries can improve on their supply chain, quality assurances using the blockchain technology.
The usefulness of the blockchain cannot be over emphasized . However, the blockchain technology is yet to be widely accepted by the public and take cognizance of its potentials.
This is largely due to its problem of inoperability, scalability, performance inefficiency and high technical threshold.
The blockchain is only capable of processing 10-30 Transaction per second compared to the volume being processed by Visa and PayPal.
Its anonymous environment structure is one that can be viewed as encouraging crimes like money laundering, smuggling, drug trafficking and illegal fund raising.
Also the difficulty in integrating decentralized applications on the existing blockchain platforms.
The public seems not to be excited about the present blockchain , reasons being that , it is yet to bring value into their daily lifestyle.
This has necessitated the need for a platform that can proffer lasting solutions to these problems while providing a platform where value can be exchanged.
This is where USECHAIN comes into the equation.
WHAT IS USECHAIN?
Usechain is the first public blockchain to be built on mirror identity protocol and integrated with multi- level innovations in technology , and structure design which can be used to disrupt the bottlenecks in blockchain process development.
WHY USECHAIN?
Usechain would provide lasting solution to the various challenges of blockchain ......ranging from scalability, security and decentralization while proffering a new way to design the application scenarios based on massive use of identify.
Usechain is designed to process large scale transaction to meet the demand of millions of users.
Usechain is built on a high - performance secure and reliable infrastructure that is capable of transmitting massive value.
Usechain would ensure the establishment of connection between the on-chain address and the off-chain identity so as to meet the KYC/AML requirements.
This will enable flow of value to the public and reduce crimes associated with the blockchain anonymous environment. By this, users will be able to acess easy, convenient and instant finance service from wallstreet.
Usechain would solve the impossible trinity from the new dimension of identity and reach a perfect balance among scale , security and decentralization.
Usechain would facilitate efficient transaction management and support for millions of Dapps and billions of users.
This means that the integration of dapps on the existing blockchain infrastructure would be flexible. Also high transaction speed that can cover the transaction activities of billions of users.
USECHAIN ARCHITECTURE
Application Service
Application Component
Application Protocol
Core Framework
There are three fundamental principles governing the usechain platform which are:
Impartiality
Non- profit governance
Strong governance system
USECHAIN ECOSYSTEM APPLICATIONS
Cryptocurrency payments
Decentralized Financial Sector.
More Credible Sharing Economy
More Efficient and Secure IOT
Unattended Investment management and Equity.
Decentralized Insurance
Decentralized Exchanges.
Tuition Funds.
Digital Contact Production and Training.
Blockchain Games
Market Forcast.
BENEFITS
Users will be able to access flexible and convenient financial services.
Developers /public will be able to build decentralized applications on the existing blockchain infrastructure.
Users will be able to use cryptocurrency store wallet and a digital discount coupons for payments.
Provision of sufficient liquidity to exchanges.
Users will be able to mine with their mobile devices.
Users will be able to provide loan to others using token with identity mark.
Provision of a shared economy with high level of credibility
Users will be able to set up a decentralized fund in order to conduct passive investment in the market portfolio index.
Provision of interest free loans to students.
Decentralized exchange with security and efficiency in mind.
The usechain token UST will be used as a payment medium to reward developers , supporters on the usechain ecosystem
.
Usechain Foundation
This is a non- profit organization established in Singapore and is committed to developing use chain, advocating governance transparency , promoting security and harmony with the open source ecosystem and providing assistance to general affairs and other privilege matters.
Information on token sale
Total supply = 20 billion UST
Available for ICO 45%
5% allocated for marketing and partner support.
20% allocated for community rewards.
15% allocated for technical community rewards.
15% allocated for core team .
For more information please visit
Website https://www.usechain.net/
Whitepaper https://www.usechain.net/usechain_en.pdf
Telegram https://t.me/usechaingroup
Author's bitcointalk profile https://bitcointalk.org/index.php?action=profile;u=2050118