Role of Identity in Identity Blockchain and the Strength of Mirror Identity in Public Blockchain

The blockchain technology has been in vogue for quite some time now. With the creation of Ethereum and Bitcoins, innovative concepts like the decentralized currency and smart contracts have been birthed. These innovative ideas have aided the society to become more independent and safe.

Nevertheless, there are several challenges that have limited the application of blockchain network. Low-performance efficiency, high technical requirements, and low scalability are some of the major challenges that are faced by the blockchain technology. Despite of these challenges, blockchain technology has added to the enhancement of technology. Nevertheless, it is yet to be welcome by the society.

Blockchain anonymity is what prevents it from being welcomed by the mass market and thus, from mass incorporation. As a result of this reason, digital cryptocurrencies are ready facilities for smuggling, money laundering, illegal fund generating and other class of  dubious and sharp practices.

In a bid to attack this, there is an urgent need for a mirror identity protocol among human beings and addresses which has been made enabled by Usechain.

What is Usechain Platform?

The usechain network attempts to build a public chain based on mirror identity which will help in the setting up of an ecosystem based on identity public chain. This will assist in the execution of all sorts of blockchain applications that links blockchain addresses to real confirmed users. Not only that but, it will also foster close synergies between social credit, facilities, and commercial use.

The Mirror Identity Blockchain Network

The idea of mirror identity blockchain is to offer a public blockchain which will open for the confirmation of real users while maintaining the personal privacy kept. Not just that but, even the details on the chain will be completely open and accord all address on the chain to a neutral personality in the society. 

Usechain is the world’s first public blockchain network that has developed on Mirror Identity Protocol and is also incorporated into multiple inventions in structural framework and technology.

The Role of Identity Confirmation in Identity Blockchain 

The major address of the user is his primary account. The address will be formed the moment the user synthesized the wallet. With regards to this, all users will have only one primary address that will be paired one-to-one with identity. The primary address of the user will leverage on Elliptical Curve Secp256k1 such that it can offer the confidential and public key. 

The open key will then be used to synthesizing the address. In a bid to commence transactions, both the primary and the subaddresses need to be confirmed first. Nevertheless, there is no barrier on the amount of subaddresses of a user. 

It will be synthesized based on the user’s demands, using the user’s primary account public key. These subaddresses will be kept confidentially and distant from the primary address of the user. This is the rationale why the reliance relation between the primary address of the user and his subaddresses are hidden.

As touching the upper-stage applications, there is an every need to get the true name of the identity chain address confirmed. With the aid of the several trusted third-party agencies, the identity chain can be able to attain the confirmation along with the building of every real entity’s primary address.

 

The processes is as thus; 

The user starts by asking for the CA certificate to the third-party systems. After the confirmation of the certificate by the third-party agencies it will then be given back to the user.

With the assistance of the zero-knowledge confirmation, the user can be able to confirm to the blockchain that they have been verified. The address of the user will be documented by the blockchain smart contract and therefore, it will now be the user’s primary address.

The user can leverage on the use of his public and private key together with a randomly picked public key on the blockchain in a bid to request from to the committee for secondary address confirmation through the ring signature system.

Anytime the user want to send a transaction, his valid the transaction is needed to  be confirmed which is carried out by Usechain with the assistance of a CA contract.

Should there be anything serious about the account, the committee will review the network and check how relevant the account is.

Team

Advisors

Conclusion

The mirror identity protocol is of immense relevance in blockchain technology as it helps in giving real world identity to off-chain addresses of accounts on blockchain platform and this is his it does it.

Strong Information about the project:

website: http://www.usechain.net/

usechain.net

WP: in English
Telegram - t.me/usechaingroup
TW: twitter.com/usechain
FB: facebook.com/UsechainFoundation
Reddit: reddit.com/user/Usechain
Linkedin: linkedin.com/company/usechain
Instagram: instagram.com/UsechainOfficial
BitcoinTalk: bitcointalk.org/index.php?topic=3432061
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My bitcointalk link;

https://bitcointalk.org/index.php?action=profile;u=1256825

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