#THE BLOCKCHAIN INDUSTRY

supzeel (38)in #btc • 6 years ago (edited)

The Blockchain industry have been an industry to reckon with in the modern technology era, ever since it started making progress since 2009. The Blockchain have been able to bring about decentralized currency with currencies such as Bitcoin and Ethereum leading the Industry. Though a progressive technological concept, the Blockchain has been subjected to various problem and issues such as; limited transactions per second, power consumption and it’s inability to gain general market acceptance.
Furthermore, the first Blockchain system also known as Blockchain 1.0 was critized for it’s transaction performance which seems to be on a low and also known to consume too much power. Developers saw this and went on to introduce the Blockchain 2.0 which was powered by Ethereum. The Ethereum based Blockchain seem to be a better upgrade to the previous Blockchain. The new Blockchain not just being a Blockchain platform, but also served as a platform for token development and crowdfunding platform. It also served as a medium of token distribution for new token startups. But even with the introduction of an ERC-20 wallet, the Ethereum Blockchain still has not been able to provide a platform for general public day to day value exchange.
Other issues facing the Blockchain platform are; high technical difficulties, anonymous environment that allows criminal use of the Blockchain platform. All these issues have brought about the need to create a mirror identity Blockchain system.

USECHAIN

In response to finding a solution to the above listed issues, the Usechain team which comprises of tech gurus and geniuses have been able to develop the first mirror identity Blockchain ecosystem. The Usechain, using a combination of existing Blockchain such as BTC, ETH and EOS, while also exploring loopholes to create a new infrastructural design for an identity based Blockchain system.

THE USECHAIN'S VISION

The Usechain team will introduce a Blockchain 3.0 which is believed to be a super upgrade to previous Blockchains and also boast of encouraging features. The Usechain will feature high performance, scalability and decentralized exchange.
Furthermore, the Usechain Blockchain being a mirror identity Blockchain platform will be able to set up a mode if connection for on-chain addresses and off-chain identity. By doing this, it will be able to eradicate the criminal use of Blockchain platform.
The Usechain team also plans to develop a state of the art UI for users of the Usechain platform by combining Architectural design with advanced Blockchain technological innovation.
Other features in the Usechain vision include
a. Light node client
b. Network sharing tech
c. An identity Virtual Machine (IVM)
d. Online fault tolerance that helps during node conflict and dispute accounts
e. Randomized proof of work mechanism based on current secure and high performing algorithm
f. High level security innovation
g. Multileveled authentication mechanism

USECHAIN TOKEN (UST)

The Usechain token will be issued to the Usechain platform supporters and developers as a form of reward, thereby aiding the support and growth of the Usechain mirror identity based Blockchain.
The total unit of tokens to be distributed is pegged at a whooping 20,000,000,000. The UST token is also predicted ti rise in value as long as the number of users increases.

Token Sale starts: 20 JUN

GOAL: $34,300,000

Ticker: UST
Token type: ERC20
Fundraising Goal: 34,300,000 USD (4,500 BTC) Total Tokens: 20,000,000,000
Available for Token Sale: 45%

TOKEN DISTRIBUTION