Usechain
Welcome my dear friends.Today is a day off, which means I have prepared a lot of interesting projects for you.Greetings, subscribers! As always, I have an interesting project for you. But first, let's talk about modern information security technologies. To date, these personal information are subject to attacks by hackers and scammers. Scammers uses various phishing sites, "chain letters" which contain a link to a Trojan or phishing site. Unfortunately, our information is not 100% secure and we may lose all important data at any time. This is really a big problem in today's world, especially when most financial transactions go to the Internet, such as cryptocurrency transactions, trading on exchanges, and various online Commerce. Scammers are trying to steal access to exchanges, Internet wallets, cryptocurrency accounts and so on. But fortunately, the creators of the Usechain project are developing their own unique system of user protection.
Usechain is a decentralized platform that uses blockchain technology, which guarantees maximum protection when working with the project.Usechain uses mirror identification technology that makes user authorization reliable and secure. The project uses a completely new mechanism of consensus randomized proof of work (RPOW)- this gives the platform a high degree of protection and great performance.
Personal data will be securely attached to the Internet wallet, which will give impetus to the large-scale use of blockchain technology. This will lead to a new round of development of blockchain technologies. Usechain with its blockchain wants to reduce the cost of DAPP applications and scale their use by making DAPP as simple and user-friendly as possible. This is necessary in order to unite the digital world with the real.
What solutions does the platform offer?
Thanks to the unique system of mirror identification, users will be able to save their personal data under reliable protection, because the use of mirror identification ensures full protection against the introduction of malware during user authorization.
Privacy, which is so necessary for users. After all, the theft of personal data often leads to the loss of financial resources.
Identification in a variety of applications will be fast and efficient. You no longer have to spend a lot of time identifying your applications.
Usechain Mission
The Usechain mission is to bring together the banking system, user identity and transactions on the platform into one single ecosystem.
The platform develops a multi-level encryption and authentication system using innovative algorithms: Randomized Proof of Work, Zero-knowledge Proof, Identity Virtual Machine, Identity Transaction Sharding (ITS), Identity Network Sharding (INS).
just smart contracts and other technologies that will be in The blockchain 3.0
This is technically quite a complex system, you can learn more about it on the official website of the company in White paper: http://www.usechain.net/usechain_en.pdf
Main features of the platform:
The platform provides performance improvements through the use of
hardware.
The platform uses application software for protection
personal data
The platform has its own information identification ecosystem
Higher business school
Industries using the platform
Usechain is a universal platform that can be used in all sectors, but the most justified application it can find in the banking sector and all financial sectors: banks, payment systems, insurance companies, exchanges. Any business structures need reliable protection of information. Very often such companies require the passage of identity verification and confirmation of these data, such information is also confidential and must be stored in reliable protection and security.
About Team
Token sales:
The total issue is 20 000 000 000 UST.
In total, 9 000 000 000 Ust tokens will be allowed to be sold, which is
it is approximately 45% of the total emission.
1 000 000 000 UST, which is 5% of the total issue allocated for
marketing and partner support.
4 000 000 000 UST which is 20% of the total issue allocated for
community reward.
3 000 000 000 UST which is 15% of the total issue allocated for
the remuneration of the technical community.
3 000 000 000 UST which is 15% of the total issue allocated for
remuneration of the main project team.
UST is a proprietary platform token created on the basis of Ethereum and using the ERC-20 Protocol. The minimum required investment amount is 1350 BTC (Soft cap), the maximum amount (Hard cap) is 4500 BTC. Tokens can be purchased using ETH or BTC. The price of the token on private sale is: * * 1BTC=2000000 UST.
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Development plans for the coming year
In Q1 2018
● Development of the basic functions of the blockchain.
● Development of a system for displaying the identity address.
● Certification Of Authentication Center Service.
In Q2 2018
● Development of privacy protection system.
● The shape of the kernel community and the achievements of 50000+ people.
In Q3 2018
● Software development based on THE rpow consensus algorithm.
● To develop the extension of smart contracts.
● Develop a consensus algorithm for the TCS.
● Launch the beta version of the main circuit.
● Providing 100,000+ people in the society.
● Starting the first DAPP.
In Q4 2018
● Setting up the structure of the sub-circuit.
● Development of cross-link sub-chain.
● Build Usechain eco-Fund to accelerate ecosystem development.
● development of a multi-disciplinary vertical community.
In 2019
● AI system to analyze the behavior of the address.
● Development of a tokenized MultiSite system.
- Development of hardware based on the algorithm RPOW consensus.
● More multi-industry dapps identifiability.
● The launch of the decentralized exchange.
Conclusion
Despite the complexity, it seems to me that the project will be a success. Around this platform there is a certain excitement and I think investors will not leave such a powerful platform without attention. Safe work with personal information is gaining popularity, and Usechain has ambitious plans and a powerful team of developers who have all the chances to implement such a technically complex project. More information about the project can be found in their White paper on the official website.
Additional information:
Website: http: / / www.usechain.net/
Telegram: https://t.me/usechaingroup
Twitter: https://twitter.com/usechain
Facebook: https://www.facebook.com/UsechainFoundation
White Paper: http://www.usechain.net/usechain_en.pdf
Author: https://bitcointalk.org/index.php?action=profile;u=1725951
0x295aca7dda69533ca78410da4fcc5ee2bafd1545