USECHAIN: The First Mirror Identity Blockchain based Protocol

The Blockchain and its infrastructures have been predicted to be the next best invention after the invention of the internet. It is the oil that fuelled digital currency (cryptocurrency) which make it possible for us to make financial transactions without the assistance of any existing financial body.

Recently this technology have been deployed in solving problems in different sectors such as sports, agriculture, finance, advertising and many more. This is due to its wide range of applications. The early age of this technology started with the Bitcoin Blockchain 1.0 and the loopholes of Blockchain 1.0 was exposed when the price of 1 Bitcoin was close to about $19,000 as users begin to experienced delay in transactions.

I can still remember the transaction i made to a friend that almost break our friendship as the transactions took up to about 96 hours before it could be processed successfully and upon confirmation i realized that the transactions fee i was charged was quite expensive. This was the issues as high consumption of power, delay in confirmations tackled with high transaction fee were greatly felt then. As a result, the Ethereum blockchain became the next option for crypto enthusiast to switch to as it is more decentralized compared to the former.

The Ethereum blockchain was not left out. Upon massive adoption of cryptocurrency and the blockchain technology, users begin to deploy the ethereum blockchain which was designed to facilitate transactions faster than the bitcoin blockchain 1.0. As times proceeds, the ethereum blockchain began to experience its own challenges ranging from clogging of network which results to delay in transaction together with high transaction fees.

All these challenges is still yet to be resolved till date and it is part of the major reason why cryptocurrency is struggling to gain acceptance despite its popularity around the world. Hence, Usechain is introducing to the crypto space the first mirror identity blockchain in the world that will be able to solve the existing problems in the blockchain and therefore come with a unique and improved blockchain 3.0.

The USECHAIN Platform
This is a well-structured platform designed to solve the trinity problem of scalability, security and decentralization in the blockchain technology. Usechain is building an ecosystem where it is possible to track people's life real identities to their respective blcockhain wallet and cryptocurrency account by creating a unique blockchain application that will permit and carry out Know Your Customer (KYC) process and Anti-Money Laundering (AML) related issues. This will help in misappropriation of digital assets in the world of cryptocurrency.

With Usechain platform the world will see reasons for the acceptance of cryptocurrency as Usechain with its developed blockchain 3.0 approach will extensively support transactions at minimum charged fee and at faster confirmations. Hence it will possible to detect and monitor theft using the Usechain platform.

As part of it development, Usechain will integrate the Randomized Proof of Work Consensus (RPOW) Algorithm as against the Proof of Work (POW) and Proof of Stakes (POS) in the existing blockchain infrastructures to help reduce cost spent on mining and at the same time create an alternative option which is cheaper for miners to used comfortably. The Usechain applications will be able to processed thousands of transactions (Thousands TPS) within a short period of time and also build a stronger security structures which will allow decentralized applications (Dapps) to be implented swiftly in the developed technology.

The Usechain platform is a decentralized ecosystem which will help in the security of the database of its users. Hence, Users in the ecosystem will be free from cyber attack with guarantee satisfaction across the platform.

Token Economy And ICO Information
In order to create an ecosystem that is fair and comfortable for its users to use, Usechain will be deploying its own cryptocurrency token known as Usechain token with symbol UST. This token is build on the ethereum blockchain (ERC-20) compatible with a total supply of 20,000,000,000 UST. UST will serve as a means to reward payment for community development and participation and it can also used in the smooth running and validation of identity based credit transactions.

Token Name: Usechain Token
Token Ticker: UST
Token Standard: Ethereum (ERC-20) compatible
Token Type: Utility
Token Total Supply: 20,000,000,000 UST
Token Available For Sale: 45% of the total token supply
Token Sale Price: 1 ETH = 75000 UST
Softcap: 1,350 in BTC
Hardcap: 4,500 in BTC
Accepted Currencies: BTC and ETH

In Conclusion, Usechain is the world first mirror identity based blockchain that will completely eliminate all of the challenges users faced in the past and hence solve the most intense blockchain trinity loopholes. It is a revolutionary platform that will definitely do what the existing platforms could not achieved in terms of scalability and maximum security. Therefore, Usechain is the new developed and improved blockchain 3.0 and the solution to all.

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Author's Details
Bitcointalk Username: capableuwa1
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2077672