REVOLUTIONALIZING THE WORLD AND INNOVATIONS OF BLOCKCHAIN TECHNOLOGICAL INNOVATIONS WITH USE CHAIN

in #usechain6 years ago (edited)

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The constantly changing statuesque of blockchain evolution seems to be gaining momentum on daily basis as customers (users of blockchain technologies) are yearning for a more efficient service delivery that can help them fulfill their dreams and aspirations but the question that have been always asked is when will this desired changes come to fruition? How will blockchain technology be enhanced to prevent a possibility of having to lose it patronage quotient and not having to turned-off customers (users of blockchain) the solution will however have to be a development of an effective system that can give infrastructure of technology capable of virtual services for the present and future blockchain users, the needs for an identity blockchain system with a technical structure that can ease a dynamic underlying structure capable of providing services that are finance, entertainment, consumption needs, internet of things (IoT), social networking to offer best user experience. The blockchain decentralized application market is seeing users actually starting to want to use many of the different applications that can give many opportunities to speed-value, fast track transactions within the platforms that are blockchain inclined.

USECHAIN PLATFORM

Use chain have taken it upon themselves to create a mirror identity blockchain platform (ecosystem) with a design perspective that replicates all that there is to be in blockchain, the underlying structure gives use chain a unique ability to enable dynamism and efficiency in transaction, decrease cost, eschew scalability and low technical errors. Within the use chain ecosystem are application services, application protocol, application components that work in work together to offer use chain unique services. Over the years most blockchain platforms posses’ authentication mechanisms but the invention of use chain technology is a build upon because it exercises a high level multi-level authentication mechanism to aid prompt correspondence and recording of the chain. The trusted execution environments (TEEs) within the use chain ecosystem provides a secure, high-tech performance service, anti- attack and a distributed decentralized ledger..

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Use chain confirmation of transactions using the platform user address can be made possible using its KazaA P2P protocol and identity network sharding (INS) and its transaction sharding (ITS) systems, with its identity virtual machine (IVM) eschews a advanced smart contract system that can start rapid interactions within the use chain ecosystem, one unique feature of the IVM is its ability to create communication interface between sub- chains, external APIs, underlying blockchain platforms. The weight of data node sometimes affects the speed of reactions in earlier blockchain platforms use chain uses a high-level merkle tree BCMT to cut the quantity of data and still keep up its qualities.

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%

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TEAM INFORMATION

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ROAD MAP

To succeed eveey organization nneda to have laid down plans and guide they will follow and at the end measure their success with to those plans if they followed it duly or not. usechain has put down some plans with which they will work with:

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 growth of blockchain platforms all replicates attributes of transparency, network cohesion, decentralized, security etc and this trend has created a level of consolidation basics for achieving optimal efficiency, use chain exercises an ideology that seeks to make sure that all transactions within its purview via the internet is secured and unaltered, the growth and acceptability of blockchain over the world will imply more level of explorations of blockchain and it decentralized opportunities services, with use chain targets in view there is need and conscious efforts to meet a level of identity based system that can help KYC (know your customer) and AML services, it posits standard performance requirements and scalability that will create a dynamic decentralized application, the zero error ability to offer optimized services with little risk,

For more information visit:

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=1266433

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