USECHAIN: SOLUTION TO THE “IMPOSSIBLE TRINITY” BASED ON SCALE, SECURITY AND DECENTRALIZATION.

aabl3zzy (2)in #usechain • 6 years ago (edited)

A knowledge of what cryptocurrency is all about will aid in a better understanding of the Usechain platform.
Cryptocurrency is a virtual or digital medium of exchange that uses cryptography to access the transfer of assets, check additional creation of units and secure financial transactions. This said, let’s study what the Usechain platform is all about. Happy reading!
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CONCEPT
Usechain is the first block chain to be built on a mirror identity protocol with diverse innovations in technology and structural design which are used to surmount the hurdles in the process of developing block chains. This is to say that the platform developing the first mirror identity blockchain, will start from innovating featured using the blockchain infrastructure to improve the quality of transaction verification, meet requirements as regards the infrastructure for mass market applications, reduce deployment cost of smart contracts and increase their easy accessibility and utility while optimizing virtual machines to make the development and commissioning process easier, reduce resource consumption and lower barriers to participate in.

In using blockchain technology, it will achieve genuine value in the area of commerce and immense contribution to the society. The platform will also develop a feature to effortlessly connect the real and digital worlds in order to establish a high-efficient, safe, free and decentralized tool for transmitting value and for making all things digital.

The platform’s diverse features can be applied to many scenarios, such as the fan based and token based economy. This platform promises to balance the price in trading with other cryptocurrencies, by setting public accounts.

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The platform avails users an opportunity to make payments which will be processed in a decentralized peer to peer (P2P) network without interference or involvement of centralized systems, using cryptocurrency stored in the users’ vaults or wallets.The platform constructs an open, transparent value and trust system by analyzing the behavioral data using ‘identity mapping addresses'.

Usechain platform uses the decentralized distributed ledger technology (DLT), to provide confidence for self-help in its community by allowing every user to partake in an unattended insurance fund whose investment is set in advance according to the algorithm and which can be used in life and medical insurance.

The Usechain platform is sure a truckload of benefits that would also mark an era of innovation and technological advancement in the crypto economy.

GOALS
To build a new commercial model of the blockchain, using diverse reorganized features and MIP, which will go far beyond the traditional models like “identity data economy “ and “identity trust model”.
To create an identity-based blockchain system with the best advancement in technology, richest applications scenarios, and the largest user community.

BENEFITS
The technology and structural design the platform offers can be used in the future to provide the infrastructure of technology for the virtual and parallel world. They can also be used to develop more widely used Dapps and provide technical support for the application of explorations in certain areas of daily living like finance, consumption, entertainment, social networking, games, etc.

Usechain adds more value to identity by allowing people to be connected to the financial service offered NY Wallstreet in a simple, soothing and spontaneous way.

The platform hopes to improve industry quality by promoting the development of commercial projects in conjunction with various leading industries that would evolve into a blockchain ecosystem.

The solid technology foundation, support in terms of academics and commerce, from renowned business schools is intended to build the platform and enable high-quality resources.

The UST Token is used to effectively reward community developers and supporters, to encourage the growth of the ecosystem and allow all participants to use the decentralized applications. The UST is still an ethereum based token and will transcend to the UST coins, which measures will be taken, to protect the interests of all participants of the unattended insurance fundraise aimed at providing confidence for self-help in the Usechain community.

Features Of Usechain
Usechain has a lot of unique features, here some:

Privacy-Protection Identity Application

Hardwear-Based Performance Improvement.

Boundary-Less Identity Ecosystem.

Top Business School Supported.

Token Details
Ticker: UST
Token Type: ERC20
Platform: Ethereum (ETH)
Total Token Supply: 20,000,000,000
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