Review: ICO Usechain
The Usechain ICO project is the development of the world's first mirrored block system that improves the use of block technology. The authors of the idea intend to increase the productivity of the blockroom by providing efficient management of transactions based on the identification system. Its low technical barriers should allow it to be used in the mass market.
Key Features and Principles Usechain
The platform is based on a protocol for the identification of mirrors, combined with high-level innovations within a specific structure using innovative technologies. The main goal of the project is to eliminate delays in the development process based on blockchain technology and provide the ideal balance between scalability, security and decentralization. Since the ecosystem of block-projects is growing rapidly, and in the future will combine thousands of applications, a reliable system of verification and identification will be essential for safe operation in networks.
Transparent operations
By improving the ecosystem of behavioral data generated by events and people, all actions on the network will be transparent and irreversible. Usechain has pre-defined conditions that use a common security level to ensure confidentiality between the identifier and the anonymous public block chain. In this way, the platform provides an infrastructure that supports decentralized applications used in various areas. At the same time, separation is ensured between the identification system and the identity document on the basis of evidence with zero disclosure.
Security
The creators of the platform are aimed at the introduction of a new consensus mechanism and a randomized work performance proof algorithm in order to achieve an impeccable balance and a high level of efficiency. For a new generation of block use Use Сhain will use multi-level methods of encryption and authentication, a virtual identification machine, zero-disclosure proof, enhanced capabilities of smart contracts and other innovative technologies.
About the token
It is planned to create a working token of the UST token, which will have an initial binding to the ERC20 Etherium standard. Investors have the opportunity to purchase a coin within the stipulated period by the dates of pre-sale and ICO. The priority task of implementing a token, this allows all crypto investors to take an active part in the life of the ecosystem on equal terms. Cryptoactive will also be used as a reward for seo-developers, active supporters of the ecosystem (within the Bounty-sale), as well as the growth and future development of Usechain in the future. To effectively manage the functionality of the token, it is planned to develop its own DApps-application.
Benefits of Usechain
The developed platform has a number of advantages, as well as other block projects:
- A secure and reliable infrastructure The system will use a secure infrastructure that focuses on a single way of comparing identity. This gives the platform an advantage over other similar services in situations where identification is required.
- Public participation The platform supports the participation of users from all countries and regions of the world in its work. Usechain provides support for development opportunities using, including mobile devices, thanks to the ability to be content with minimal computing resources and low power consumption.
- Absence of energy dependence Due to the technical characteristics of the platform, it is able to reduce dependence on the hashtre, which allows to reduce power consumption and save computing resources.
- High performance The platform uses the highest quality resources for the development of an ecosystem with the participation of the community. This, in turn, opens up opportunities for the integration of various applications and leading companies.
Development team
The team of specialists of the Singapore company Usechain Foundation LTD works on the creation of the platform, which includes 14 people, including:
- Henry Cao (founder, general manager, professor at the Chung-Kong Business School, founder of the first financial MBA program in China, a member of the US financial society, previously taught at the University of California at Berkeley, University of North Carolina).
- Baohong-sun (co-founder, chief security officer, marketing professor at the Chung-Kong Business School, previously worked at Tepper Business School, Carnegie Mellon University, Renmin University of China, member of the editorial board of three scientific publications (Marketing Science, Journal of Marketing and Journal of Marketing Research).
- Shengli Zhang (chief research officer, senior specialist in block circuits, wireless network technologist, professor at the University of Shenzhen, deputy director of the research institute SZU Blockchain, visiting professor at Stanford University, senior member of the IEEE and the electronics society of China).
- Feng Zhang (senior financial specialist, has almost 30 years of experience in QIHF, is head of asset management at Citigroup / Morgan Stanley, chief manager of the investment department of Bosera funds, investment director of the BoCom-Schroders fund).
- Erik Xu (chief operating officer, has about 10 years of experience in the field of Internet industry and information security in the field of general management and marketing, entrepreneur, previously served as vice president at Beijing YunJiang Technology Limited, head of information security projects at the National Center information security, executive director of National Key Technology R & D).
Conclusion
The future ecosystem platform will be able to change the operation of the platform of Internet things and improve the verification of personal data without resorting to multi-level identification mechanisms. The main goal of the project, to improve the principle of identity, and even surpass the bitcoin and etherium in this parameter. It remains to be hoped that the seo group will do its best to solve technical problems in identifying the identity.
Website: https://www.usechain.net
Whitepaper: https://www.usechain.net/usechain_en.pdf
Facebook: https://www.facebook.com/UsechainFoundation/
Twitter: https://twitter.com/usechain
Telegram: https://t.me/usechaingroup
Bitcointalk: https://bitcointalk.org/index.php?topic=3609821.0
AUTHOR: https://bitcointalk.org/index.php?action=profile;u=237301