USECHAIN: MAKING CRYPTOCURRENCY MORE EFFICIENT

in #blockchain6 years ago

usechain main.jpg
INTRODUCTION
Recently, the use of blockchains like Bitcoin, Ethereum and others to people have been reported to be posing some serious challenges that hinder them from attaining full adoption in the society. Although, since the invention of the blockchain technology, many innovations like decentralized currency and smart contracts are brought to live. These inventions has brought security and automated mode of trading and financing to the society. However, the low performance, low scalability, and the inefficiency of this technology is often below standard compared to what the society really wants. Due to these facts, the blockchain technology has only strive in trading and exchange of assets, but the technology is yet to be adopted by all. For example, the internet is yet to fully adopt the technology because of low performance and low commerce support. However, there is a need for improvement with the features lacking in the current blockchain system in order to improve the technology. As a result of this need, Usechain has emerged to solve the problems facing the current blockchain.

USECHAIN
Usechain is a new innovative platform that seeks to solve the difficulties facing the current blockchain technology, by developing a first mirror blockchain system that will be a solution to the difficulties of low performance, scalability, and inefficiency that is reducing the standard of the blockchain system today. This platform seeks to make blockchain an applicable technology to our everyday lifestyle. However, the platform emerged to develop the first mirror character blockchain system the seeks to make the blockchain technology a more efficient platform that can be utilized by all. Usechain aims to improve the scalability, performance, and the efficiency of the blockchain technology by offering a transaction management, identity based, efficient support, and removing the challenges that limitations the mass adoption of blockchain in the society.

Usechain is the first platform that is developed on the mirror identity technology. It is integrated with a multi level technologies and architectural design, which is used to remove the bottleneck barrier in the developmental process of the blockchain technology. Talking about more of its benefits, the platform also offers a foundation technology for the real and parallel world in the coming future by building an identity system on blockchain network with an entire new technical design. More so, the established ecosystem provides a means for wide range of apps (i.e dApps) to be produced on the platform. Usechain also provides an efficient technical support for the software or application usages in the financial sector, entertainment sector, game sector, supply chain management, social networking sector, and assets management sector. All this is to add more value to the platform by creating a medium at which users can easily connect to the financial service provided by the platform in an easy and efficient way.

HOW DOES USECHAIN SOLVE THE LIMITATIONS FACING THE CURRENT BLOCKCHAIN

In the goal of solving these problems, high performance and scalability are provided by this platform in order to provide a more efficient transaction management and to give support to several dApps with their users.

Usechain also invent an identity based connection for the users to connect between the on-chain identity. This is to meet the requirements of the society and making it possible for blockchain technology to be widely accepted by all segments such as; loan, insurance, and daily consumption e.t.c.

In conclusion, usechain can be advantageous in many ways such as, payment through cryto, fund distributing economy and much more. With what this platform has to offer, I am sure blockchain technology will ever be unstoppable.

For more information, please visit Links:
Website: https://www.usechain.net
WhitePaper: https://www.usechain.net/usechain_en.pdf
Telegram: https://t.me/usechaingroup
Facebook: https://www.facebook.com/UsechainFoundation
Twitter: https://twitter.com/usechain
Medium: https://medium.com/@usechain
ANN: https://bitcointalk.org/index.php?topic=3609821.

Author: oly4life
BTT Profile Link: https://bitcointalk.org/index.php?action=profile;u=1577997

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