USECHAIN UNIQUNE INNOVATION IN BLOCKCHAIN (ARTICLE REVIEW)

Usechain is the first mirror identity blockchain that has ID-Enabled Consensus, ID-Enabled security and ID-Enabled privacy. In other words it is a privacy protected identity application, hardware based performance improvement, boundaryless identity ecosystem. Usechain emancipated to develop the first mirror identity blockchain ecosystem. Usechain was built upon the existing blockchain technologies and as such, becomes the first public blockchain to be built on mirror identity protocol incorporated with multi level innovations in structure design and technology. This would be used to break the hiccups in the developmental process in the world in future. Through this innovations in technology and structure design, Usechain will solve the impossibilities and reach a perfect balance in decentralization and security. The development of Usechain ecosystem and attraction of massive users will be enhanced when Usechain works together with established companies from various industries with the support from top Business schools.

Usechain aims at creating a more transparent blockchain built on real identities which makes revolutionary identity consensus technology come true with high security. Usechain will protect privacy in Usechain public chain system through the use of mirror identity technology. With this new concept, every individual and Business asset will be connected to blockchain thereby having a real account. This assets will be transferred through smart contracts to build deeper trusts. Individuals and assets can use the verification mechanism and service applications in the Usechain ecosystem to complete mapping of address and identity verification. Service providers will be able to develop their own related business applications and to further expand their businesses based on the structure and system of Usechain. The Usechain platform allows users to setup a decentralized fund to conduct passive investment in the market portfolio index. Every transaction is transparent and there is no management fee. Withdrawal is based on the net asset value minus a certain fixed transaction fee.

USECHAIN FOUNDATION
Usechain foundation is a non profit organization established in Singapore and committed to developing Usechain, advocating governance transparency and promoting the security and harmony within the open source ecosystem. It has three fundamental principles thus :
Non-profit governance
Impartiality
Strong governance system.
In other words Usechain will reduce the cost of identity assistance and reform financial industry and applications outside its own ecosystem will no longer be rigid but become more compliant.

ROAD MAP
2016……. Usechain put forward the concept of tokenization.
2017……. Usechain integrated planning of ecosystem and cooperated with partners to explore application scenarios.
2018……. Usechain developed fundamental factors of underlying public blockchain and developed address identity mapping system. There was development of privacy protection system and about 50,000 people were achieved through the formation of core community. Launching of the first Dapp in the 4th quarter would set up sub chain structure, build Usechain eco-fund to accelerate ecosystem development and would develop multi-industry vertical community.
2019……. There would be analysis of AI system of address behaviour, tokenized multi-node system and hardware based RPOW consensus algorithm will be developed. There will be more multi-industry identity-based Dapps and decentralized exchange launched.

TOKENIZATION
CORE TEAM………. Team members who provided products and technical support during the development of Usechain will be rewarded with 15%
MARKETING AND PARTNER SUPPORT ……. The marketing and partners support team will be rewarded with 5% for their support during the promotion and publicity exercise.
COMMUNITY REWARDS……. 20% will be given out for community rewards
TECHNICAL COMMUNITY REWARDS…….. 15% is reward for developers in order to motivate them to contribute their techniques in Usechain ecosystem.

FOR SALE…….. The percentage given for project operation, research, hardware cost me and marketing of Usechain
platform as reward is 45%

TEAM AND ADVISORS
HENRY CAO……. He is the founder and CEO, a finance professor at Cheung Kong graduate School of Business, founder of the first finance MBA program in China. He was 13 years old when he was admitted into the USTC gifted class, I taught at the University of California at Berkeley.

BAOHONG SUN…….. He is a co-founder, CMO and marketing professor at Cheung Kong graduate School of Business, Dean’s Distinguished Chair professor of market, Associate Dean Chaired professor at Tepper Buisness school, editorial board member of marketing science.

SHENGLI ZHANG…….. He is the chief scientist and senior blockchain specialist, wireless network technologist, presenter of physical Layer Network coding, professor of Shenzhen university, senior member of China electronics society and a holder of 3 national invention patents of blockchain, USTC BS and MS CUHK PhD.

FENG ZHANG…….. He is the senior financial advisor, an expert in thousand talents with about 30 years of experience in QIHF globally, MD of Asset management department of CitiGroup/ Morgan Stanley

ERIK XU (COO)…….. he has about 10 years of experience in internet and information security industry in general management and marketing. He is a serial Entrepreneur, Head of information security project at national information security Engineering centre, member of national information security.

ANDY ZHOU (CTO) ……… he is the technical director of Beijing United Electronics Co, Serial Entrepreneur in IFLYTEK, Huawei, technical director in Chukong technology, deep understanding of big data, artificial intelligence and distributed system, Double a bachelor’s degree from University of science and technology of China (USTC) and MS from Chinese Academy of sciences (CAS)

LIN ZHAO (CPO)……… He has about 10 years of experience in internet and new retail industry, experienced in platform building for horizontal e-commerce E co-friendly product and service specialist.

AMANDA SHEN (PR MANAGER)………. She is the public Relation and marketing experience for 12 years, marketing strategy manager of FedEx China

LUCAS LU……… He is the senior advisor, senior expert of blockchain, founder and CEO of 5miles and cybermiles (CMT), the first general manager of Mobile Taobao, China university of science and technology BS, SMU PhD

YIN CAO……. He started his research and promotion of blockchain application in 2015 and was among the first to propose the concept of Energy internet in China. He is a co-founder of the first energy blockchain Lab in the world, major member of the technical working group China of Hyperledger project

Usechain has a leading team in blockchain technology that will work closely with partners and experts from global technical communities to establish the first high performance mirror identity blockchain. In other words, Usechain emanated to create an identity based blockchain ecosystem with the most advanced technology, richest application scenarios and largest user community.

WRITTEN BY Ifeanyi5050 (https://bitcointalk.org/index.php?action=profile;u=1183925)

Contact
https://bitcointalk.org/index.php?topic=3432061.0
http://www.usechain.net/usechain_en.pdf
http://www.usechain.net/
https://twitter.com/usechain
https://www.facebook.com/UsechainFoundation