Usechain - Mirror identification on the blockchain
Despite the fact that Blockchain technology is increasingly integrated into various business areas, it is still "Wild West" for many. Many who are confronted with this new concept and do not realize that it is the future, which is developing by leaps and bounds. However, there are a number of factors that impede the development and promotion of this innovation. Crypto-currency is generally not fully recognized by the world, in many countries it is banned, only a few of them have adopted the digital currency as a means of payment. The indignation of many states causes its anonymity, there are various opinions that this means for money laundering, for illicit drug trafficking, smuggling and other punishable offenses. If you recall the world monetary system, then here you can find resentment among ordinary people. First of all, this means of exchange, depending on the location of the person used: cattle, fish, pearls and seashells, and the ancient tribes of Mexico, as a valuable currency in general, used cocoa beans. Further in the course went the precious metals, referring to their rarity, their price began to grow. Paper money appeared only at the beginning of the 20th century. Surely there were those who denied these innovations and not many of them fell in taste and now, in the era of technology appeared digital. And what? There were many supporters, because it is convenient quickly and reliably, but there are those who still do not believe in them, for the above reasons and not only.
Progress does not stand still, Bitcoin, who gave the world the first version of Blockchain technology, despite all its advantages, is now much outdated. It requires a lot of computing power and electricity. The successor to the first version, Blockchain 2.0, opened many new projects to the doors to the digital universe. Still, supporting higher transaction speeds, is inferior to Visa payment systems in terms of speed. Of course, in the world of crypto currency, they play a big role, but are limited for use in everyday life. These and other factors make it difficult for them to adopt a common mass and require global improvements.
The Usechain project is designed not only to improve existing technologies, but also offers its own solutions to these problems. This is the first platform in the world, developed on the protocol of mirror identification, integrated with many innovations. Infrastructure with support for Dapps offered by the ecosystem Usechain, can be used in many areas of life. Thanks to it, mass use and development of the entire platform will be attracted. One of the main goals set by the development team is to improve scalability, security, decentralization and overcome a low technical barrier. That is, constant optimization, improvement of smart contracts and the creation of flexible, fast-deployed applications on Blockchain technology.
We will analyze all the advantages and applications of the platform
- Mass usage and speed. The Usechain Fund will be so extensive that it will be able to handle large-scale transactions of millions of users in various fields of activity. Thanks to the mirror structure, their speed will increase, and the cost will be very low.
- Security. Multi-level compliance mechanism allows you to write in your locker data address network and users. No other information is displayed. This mechanism completes the authentication process without affecting the privacy and security of users. Created on the basis of RPOW high-level algorithm will reduce the degree of centralization of hashing power and protect against attacks by hackers.
- Automation. If there are network problems, the conflicting block or account will be isolated, their problem will be solved by a special committee. This will not affect the generation of new blocks, and other nodes of the system will continue to form and execute transactions.
- Low energy consumption for mining is achieved by using identity matching characteristics. Thanks to this, mining becomes possible on mobile devices, as well as integration into other devices up to smart watches, any person can become a participant of the ecosystem.
- Multilateral use allows integrating technologies in virtually any industry. Usechain can be used as an identity authentication. For example, take the Airbnb service allowing you to rent your accommodation to travelers. Before you make a deal with a stranger, you can look at his description, whether he is a conscientious person. In turn, the information entered into the blockade or someone else's opinion can not be faked or deleted. Such a solution will allow to bring trust between users on many other platforms. A transparent history of transactions available to both parties, only reinforce a trusting relationship.
TOKEN AND DETAILS ICO
The UST token having the ERC20 standard is the fuel of the entire ecosystem of Usechain. As the platform grows, there will be a shift from the current standard in favor of one's own. UST is designed to support the entire system, as well as to reward developers and supporters of the platform.
Total amount: 20.000.000.000 UST.
For sale: 9.000.000.000 UST.
Soft cap: 1350 BTC.
Hard cap: 4500 BTC.
Accepted currency: ETH, BTC.
The start of sales is not announced.
More information about the project can be found on these links:
Website: https://www.usechain.net/
White paper: https://www.usechain.net/usechain_en.pdf
BTT: https://bitcointalk.org/index.php?topic=3609821.0
Facebook: https://www.facebook.com/UsechainFoundation/
Twitter: https://twitter.com/usechain
Telegram: https://t.me/usechaingroup
Author: https://bitcointalk.org/index.php?action=profile;u=237301
0x9d22372801F770e79AD77C4618e9F7326f38474b