USECHAIN

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

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 of 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

TEAM AND PARTNER

Usechain was founded by Henry CAO who doubles as a finance professor at Cheung Kong graduate school of business and also head of the Chinese business application. He doesn’t work alone, as he is surround by a team that consist of 10 managerial personnel and 6 advisors. The people who make up this teams are professors, teachers, marketers and cryptocurrency experts.
Also Usechain works with investors and strategic partners, ranging from media, finance and cryptocurrency firms.

USECHAIN AWARENESS, TOKEN DISTRIBUTION AND SALE ROADMAP

Usechain issued an official token called UST which is presently an ERC-20 based token. This token is believed to upgrade from UST token to UST coins as soon as it goes live and listed on exchanges. This is believed, to be in protecting the interest of participants.
The Usechain Platform has set aside a distribution plan for it’s token, which is totaled at 20,000,000,000. The distribution ratio system is transparent and are as follow
I. 45% for sale
II. 20% for community rewards
III. 15% for Technical community rewards
IV. 15% for Core team
V. 5% for marketing
Having being able to spread the gospel about their innovation which started in 2016 and completed their plans, they have also created multiple forum and community across various social media platforms. For example their Telegram channel boast of a whooping 70,000 members and counting.
The Usechain is a standout blockchain innovation and also predicted to meet the open arms of cryptocurrency enthusiasts.
Interested users can read more about the innovative being taken by the Usechain team and their token distribution roadmap on www.usechain.net