USECHAIN - The First Mirror Identity Blockchain
USECHAIN
Hello everyone, readers of my blog Syndrome ICO. I will explain a bit about the crypto currency project, This is most relevant in the world of crypto currency, which is characterized by its high volatility. I decided to look for a project where all the tools for productive, high-quality and profitable trading by crypto-currencies will gather. And this is the USECHAIN project.
Usechain aims to solve these problems facing present Blockchains by developing the first mirror identity Blockchain ecosystem that will be able to solve the problem of performance, scalability and enable wider applications of Bockchain technology into our everyday's live.
What is Usechain?
Usechain is a platform that aims at developing the first ever Mirror Identity Blockchain ecosystem that improves the use and utilization of blockchain technology. The platform aims at improving performance by providing a transaction management and support process that is efficient, identity based, and with low technical barriers applicable in the mass market.
Usechain becomes the first public blockchain to be built on Mirror Identity Protocol and integrated with multi-level innovations in technology and structure design, which can be used to break the bottlenecks in the development process of blockchain, provide infrastructure of technology for the virtual and parallel world in the future, build an identity blockchain system built on a new technical structure.
Develop more widely used DApps and provide underlying technical support for the application explorations in finance, consumption, entertainment, socialnetworking, games, IoT, supply chain management, asset management, and social management and add more value to identity by allowing people to be connected to the financial service provided by Wallstreet in an easy, convenient and instant way.
Three Major Usechain Solutions That Will Accellerate Mass Adoption Of Blockchain Technology
Performance And Scalability
Provide efficient transactions management and support for millions of Dapps and billions of users.
Identity-Based
By establishing a connection between on-chain addresses and on-chain identity to meet the requirements of KYC and AML making it possible to be massively adopted in daily consumption, loas, insurance e.t.c.
Low Technical Barrier
With the continuing optimization and enhancement of smart contract, more sophisticated and flexibility defination of application protocol and promotion in accessibility can provide a user-friendly interface for existing Internet technologies and low-cost and low-risk docking mode mature technologies.
Features Of Usechain Ecosystem
The ecosystem of Usechain Blockhain includes application service, application protocol, application components and core framework of underlying Blockchain.
Below are some of the features of the innovative ecosystem:
Multilevel Authetication Mechanism
Using cryptography solution, Usechain establishes a multilevel correspondence mechanism between the on-chain address and the identity of authenticated users.
RPOW Consensus Mechanism
Based on current algorithms and secure, high performance and anti-attack Trusted Execution Environments (TEEs) built by hardware, the Ramdomized Proof Of Work consensus algorithm can anchieve high frequency transaction verification on the premise of a lower energy consumption and fair environment for mining.
Network Sharding Technology
With the KazaA p2p protocol introduced, Identity Network Sharding(INS) and Identity Transaction Sharding (ITS) designed, network sharding can be realized based on the account address of the uses. The transaction of a specific address can be confirmed within the sharding which the address belongs to, which erases the need for confirmation by all nodes in the network.
Identity Virtual Machine(IVM)
The Identity Virtual Machine(IVM) is a nnew standard for building high-performance smart contracts that can be defined and sandboxed with some adaptations. Usechain will build an intermediate communication layer so that IVM can interract with underlying blockchain, external APIs and sub-chain or even be directly programmed based on the intermediate communication layer to make up for the shortage of Ethereum virtual machine and build smart contracts which are efficient in execution, and can interact with external data to help extend the application scenario.
Light Node Client
The adoption of higher-level Merkle Tree BCMT is used to achieve transaction and status verification reduce the amount of data light-node clients need to synchronize and verify the accuracy of transaction or data.
Usechain Blockchain Usecase Scenario
Cryptocurrency payment
Decentralized financial services
Credible sharing economy
Efficient and secure IOT applications
Unattended investment and equity management
Decentralized insurance
Decentralized exchanges
Tuition fund
Digital content production and trading
Blockchain games
Market forecast
ICO Details And Usechain Specification
Ticker: UST
Token type: ERC20
Fundraising Goal: 34,600,000 USD (4,500 BTC)
Total Tokens: 20,000,000,000
Available for Token Sale: 45%
Accepts: ETH, BTC
Token Allocation
Roadmap
Team And Advisors
Finally, what I can say is the tremendous potential of this company. All-round ICO is very striking. This is a great open road to enter the ICO world.
If you know how to improve our community.
If you know how to spread information about us in this world.
If you have any ideas for other improvements, it is a privilege
If you all participate in our bounty.
More Information Visit The Usechain Link:
Website : http://www.usechain.net/
Whitepaper : http://www.usechain.net/usechain_en.pdf
ANN Thread : https://bitcointalk.org/index.php?topic=3432061.0
Telegram : https://t.me/usechaingroup
Facebook : https://www.facebook.com/UsechainFoundation
Twitter : https://twitter.com/usechain
Reddit : https://www.reddit.com/user/Usechain
Instagram : https://www.instagram.com/UsechainOfficial
Author : Eslilin667
My Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=1592209