Usechain- First mirror identity blockchain ecosystem
Introduction
Modern society is a consumer society. Mankind largely interacts on the basis of market relations. In this regard, Blockchain technologies in recent years are gaining increasing popularity among the population. After all, thanks to Bitcoin and Ethereum, the society really achieved financial autonomy thanks to original concepts and ideas. But, unfortunately, the use of Blockchain technologies is limited only by trade and exchange of crypto currency. And users of this market, of course, would like to expand the horizons. People need a system that could be useful to the public and support many different original transaction scenarios. To win the mass market like the Internet did, Blockchain does not allow three major problems:
Inefficiencies in performance
The figures show disappointing data: Bitcoin and Ethereum can only support 7 and 25 transactions per second. Let me remind you that this is negligible in comparison with what figures in this respect shows, for example, VISA. The speed of transactions is extremely small. And in this regard, the adoption of the structure of Blockchain as massively as, for example, Alipay, is difficult.
Absolute anonymity
Unfortunately, the accounts of participants in the crypto-currency market are a real concentration of criminal activity: drug business, money laundering and so on. The fact is that the use of Blockchain technologies is based on anonymity, and the addresses of "accounts" are not related to the real personalities of their users.
Technical difficulties
The fact is that the stage on which Blockchain is now located is not sufficiently developed, as the early stage of the Internet, when only a few users could successfully navigate in an intricate world-wide grid. Blockchain platforms are complex for a wide range of users, there are many nuances in their technical characteristics, centralized solutions dominate the market, which makes mass adoption difficult.
How Usechain Token Contribution Event solves the main problems of the existing Blockchain-technologies
Non-profit organization «The Usechain Foundation» is engaged in the development of the first public blockchain - «Usechain Token Contribution Event» technology, which will be built on the Mirror Identity Protocol with original solutions in the design of the project and its technology. Compared with existing government systems such as BTC, ETH and EOS Usechain technology can really solve the basic problems existing Blockchain-technology - scaling eliminate inefficient performance, increase the security of identity, and the technical difficulties can be overcome through decentralization.
The team that works on technology seeks to make market processes as simple and safe as information transfer processes.
So, how does Usechain Token Contribution Event solve the main problems of the existing Blockchain-technologies:
Scaling
The technology uses a new variant of developing application scenarios, built on the MIP method. This will allow managing processes most efficiently and supporting billions of users.
Security
Between the real and the digital world, a seamless channel will be formed through a personalized identifier of the person. In a word, transaction history will become public. This will attract a large audience due to the increased level of trust. The openness of the data will allow users to safely perform daily scenarios such as insurance, lending and other services. The Usechain Foundation paid special attention to the credit system. Consumers of this technology are allowed to use all products and services based on credit.
Decentralization
The technical barrier will no longer be a problem. In this system, the dependence on hashing is not high, and the consumption of energy and computing resources decreases with use. Applications will be decentralized - single owner management is excluded, ownership rights are divided among all users - which means the technology will attract a mass user.
ICO Terms for Community Supporters Usechain
The UST official token, released by Usechain, will effectively reward the supporters and developers of the Usechain community, will open access to decentralized applications, and can also stimulate the growth of the system and community itself. The future Usechain system will own thousands of applications in the future, and UST tokens will become massively used platform tokens.
Now UST tokens exist on the basis of ERC20. As Usechain grows and develops, USC ERC20 tokens will be transferred to Usechain UST coins, and the value of the currency will increase in proportion to the development of Blockchain technologies. And their development, as can be foreseen, is inevitable.
In total, the project account contains US $ 20,000,000,000. For example, new members of the team will be rewarded already in the first stages - they will receive 25% of UST for every 12 months. 5% will receive marketing partners and promotional promotion assistants. More details about the distribution of tokens can be seen in the table:
Also, the UST distribution plan can be found on the project website.
Information about the team and partners Usechain Token Contribution Event
The Usechain team pursues the goal of attracting a mass user, as well as the rapid development of its project, in connection with which they plan to work together with companies of very different orientations. The project is supported by the best business schools, academic and commercial enterprises. By the way, Usechain Token Contribution Event has a big and friendly team, striving to go forward and develop. The general director and founder is a professor at the Graduate School of Business and the founder of the first MBA financial program in China. He is also a member of the financial society of America. The whole team is the real professionals of their business, who know their work, ready to conduct a dialogue and cooperate.
Useful links and additional information:
WebSite: https://www.usechain.net
WhitePaper: https://www.usechain.net/usechain_en.pdf
ANN: https://bitcointalk.org/index.php?topic=3609821.0
TWITTER: https: // twitter .com / usechain
FACEBOOK: https://www.facebook.com/UsechainFoundation
INSTAGRAM: https://www.instagram.com/UsechainOfficial/
LINKEDIN: https://www.linkedin.com/company/usechain/
REDDIT: https : //www.reddit.com/user/Usechain
TELEGRAMM: https://t.me/usechaingroup
The article prepared by:
BITCOINTALKhttps://bitcointalk.org/index.php?action=profile;u=2048015