☆ A DETAILED DISCUSSION ON | USECHAIN | THE FIRST MIRROR IDENTITY BLOCKCHAIN ECOSYSTEM ☆

As we all know this is the era of the blockchain. Depending on the existing blockchain technologies, Usechain has been established with the objective of making it the first mirror identity blockchain ecosystem. Since Usechain is the first public blockchain that has been built on Mirror Identity Protocol, it can be used to solve the bottleneck blockchain that appears in the development process. Other than that, it can be also used for various other advantages as well which include providing infrastructure of technology for the virtual and parallel world in the future, developing more widely used Dapps and also to provide underlying technical support for the application explorations in consumption, finance, entertainment, games, social networking, asset management, supply chain management, and social management.

Usechain has the potential to bring a perfect balance among security, scale, and decentralization. With the help of top business schools, Usechain can get the desired support to work together with the big established companies in order to attract a mass number of users and thus, boost the fast development of the Usechain ecosystem.

Vision

Usechain was established with the vision to increase the utilization and adoption of blockchain technology, cryptocurrency and also to improve the underlying blockchain system.

Usechain tries to focus mainly on the following points:

• Performance and scalability
• Low technical barrier
• Making it identity-based

Usechain is the first initiative that fulfills all the above mentioned conditions and it can also be applied to the mass market.

Usechain comes with certain interesting features which include real identity and new underlying framework of blockchain technology. The fact that it is established on secure, reliable and high-performance infrastructure, it is capable of transmitting massive value.

The Problems Covered By Usechain

The main problems that are covered by Usechain are the problems of blockchain industry bottlenecks which are a result of the following reasons:

Low Performance: It is true that the existing ethereum and blockchain plays an important role in the blockchain ecosystem but it is still not been adopted by the people as they have adopted Alipay. Both blockchain and ethereum can support only up to 7 to 25 transactions per second respectively. This is actually very low when compared to the number of transactions that VISA supports. The slow speed of transaction is what makes it difficult.

High Technical Difficulties: as of now it is quite difficult to make mainstream decentralised applications which can be swiftly and flexibly deployed on the existing blockchain platforms. There are high technical difficulties in the development of underlying public blockchain.

Anonymous Environment: Currently, the core of blockchain technology is based on complete anonymity which makes it the ideal channel for all sorts of criminal activities.
These are some of the main problems that Usechain is trying to deal with.

Solutions Offered By Usechain

Usechain has however come up with the following solutions to the above mentioned problems:

Usechain is dedicated to offer an efficient transaction process management and support for billions of users.
In order to solve the problem of anonymity, Usechain has come with the idea of establishing a connection between the on chain addresses and the off-chain identity in order to meet the requirements of the AML and KYC. This will make it possible it to be adopted in loans, insurance and as well as daily consumption etc.
Usechain is trying to provide a more user-friendly interface for the existing internet technologies and low-cost and low risk docking for mature technologies.
So these are the solutions that are offered by Usechain.

Other Information Related To Usechain Ecosystems and Token Economics

Usechain is known to have a strong team in the blockchain technology that works closely with experts and partners from global technical communities in order to establish the first high-performance mirror identity blockchain.

As far as the token economics is concerned, here are the details to it:

Volume: 20,000,000,000 UST
Maximum Token Amount For Sale: 45%
Marketing and Partner Support: 5%
Community Rewards: 20%
Technical Community Rewards: 15%
Core Team: 15%
Softcap: 1350 BTC
Hardcap: 4500 BTC

Team

Advisors

Investors and Partners

Well, that’s all about Usechain I'm sharing today. If you wish to know more about it then visit links below.

Website
Whitepaper
Blog
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Writer: Cryptoflintcode

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