IMPROVING BLOCKCHAIN TECHNOLOGY WITH USE CHAIN

The advent of blockchain was an innovation that opened doors to windows of numerous opportunities and privileges, blockchain since its inception have birthed different cryptocurrencies (digital currencies), blockchain sporadic evolutions into the developments of its indigenous decentralized applications further made it a worthwhile experience to reckon with, so far one can proudly say that blockchain and its different peculiarities have enjoyed a unique superfluous patronage. With patronage and changes in times and increasing demands for blockchain birthed a dare need for a critical evaluation and improvements on it existing services, the challenge of blockchain based on the evaluation had a lack of an effective mirror identity protocol with an integrated innovation technology as one of its major beguiling factors; however with these challenge in perspective focus a team of proactive minds with initiated a sophisticated systems that can bring to end all previously existing challenges in the development processes of blockchain, building an identity blockchain with a technical structure, development of a more widely uses and accepted decentralized applications that are strictly cryptocurrency based, provide and facilitate an underlying technical support for the development of more decentralized applications that can be useful in finance, entertainments, social networking, internet of things (IoT), social management, supply chain management etc. The above mentioned needs are what the use chain blockchain is out to fulfill it is so unique in the sense that it builds on the solid preexisting foundation of blockchain privacy standard assurance (decentralization) to provide a better level of security for the system, with use chain there is room for inclusion and delivery of qualitative service to needs of the many industries. One unique thing that makes use chain a brand of optimal efficiency guaranteed is its ability to create an equilibrium status for its trinity features (security, scalability, decentralization) . With this use chain will provide better service than the previously existing traditional identity data economy and identity trust model.

ABOUT USECHAIN

The use chain ecosystem is still like the very many other decentralized platforms in blockchain but within this use chain ecosystem value is eschewed and it services are oriented and initiated by a team of experts that combines expertise and knowledge to give the best, the ecosystem will compromise a large community of notable companies with different specialties. With this community within the use chain ecosystem there is a possibility of creating an identity based blockchain ecosystem. Within the ecosystem are underlying technical structures (architecture) that comprises

1. Users : verification and mapping of address services within the use chain ecosystem can be carried out by individuals, things, assets this is necessary because blockchain has a principle that is all about transparency, trust and efficiency
2. Application participants: the community of users within the use chain ecosystem can also verify community membership request provided that have been a requisite identity certification.
3. Technology participants: this are the team of experts responsible for the coordinating the entire use chain ecosystem, they also control its operation protocols and optimization all transaction within the ecosystem to give user the best of experience.
4. The use chain ecosystem works with different application mechanisms like identity tokenization, cryptocurrency payment, decentralized financial services, more credible sharing economy etc.

TEAM INFORMATION

TOKEN DETAILS

Ticker: UST

Token type: ERC20

Fundraising Goal: 31,000,000 USD (4,500 BTC)

Total Tokens: 20,000,000,000

Available for Token Sale: 45%

TIMELINE

2016

● Determine identity-based blockchain.
● Research on algorithm of identity-based blockchain.
● Put forward the concept of identity tokenization.

Q1&Q2 2017

● Determine design principles and objectives.
● Compile development plan.
● Officially launch the Usechain project.

Q3 2017

● Design system architecture and basic protocol.
● Integrated planning of ecosystem.

Q4 2017

● Develop underlying public blockchain.
● Cooperate with partners to explore application scenarios.

Q1 2018

● Develop fundamental functions of underlying public blockchain.
● Develop address-identity mapping system.
● Certification Authentication Center Service.

Q2 2018

● Develop privacy protection system.
● Form core community and achieve 50000+ people.

Q3 2018

● Develop software-based RPOW consensus algorithm.
● Develop enhanced smart contracts.
● Develop TPOS consensus algorithm.
● Launch beta version of main chain.
● Achieve 100000+ people in the community.
● Launch the first DApp.

Q4 2018

● Set up sub-chain structure.
● Develop cross sub-chain communication.
● Build Usechain eco-fund to accelerate ecosystem development.
● Develop multi-industry vertical community.

2019

● AI system of address behavior analysis.
● Develop tokenized multi-node system.
● Develop hardware-based RPOW consensus algorithm.
● More multi-industry identity-based DApps.
● Launch decentralized exchange.

CONCLUSION:
The use chain technology proposes to develop a system that is identity oriented, it enjoys the wealth of knowledge and experience of professors of finance from the best of business schools worldwide, it proposes the eventual ability to determine and design the entire objectives of blockchain come 2017, in 2017 it proposes to authenticate all development of use chain and also launch use chain as a fully fledged package, the plans spans from the present to 2019.

Important links :

Website: http://www.usechain.net/

Whitepaper: http://www.usechain.net/usechain_en.pdf

BTT: https://bitcointalk.org/index.php?topic=3432061.0

Telegram: https://t.me/usechaingroup

Author: https://bitcointalk.org/index.php?action=profile;u=2076423