Introduction
Owing to the diverse problems in efficiency and usefulness that limits the use of current blockchain platforms to build application scenarios for the general market, the Usechain is introduced to find solution to these issues.
Usechain plans to build the first copy identity blockchain community by commencing from the view of blockchain facilities. The aim of this is to increase the transaction confirmation to meet up with infrastructure demands for public market applications, reduced deployment cost of smart contracts and add to their adaptability and usability.
Usechain is structured to process large-scale transactions to satisfy the demand from a lot of users simultaneously to handle several commercial and social apps on the network.
Architecture and Design of Usechain
The structural design of Usechain straddles application service, its component, protocol and central amarture that underlies open blockchain.
In a bid to realize this dream and aim of Usechain, as well as improve the transaction efficiency to aid the Usechain application in the public market. The Usechain network presents a very effective answer to blockchain where Usechain will depend on mirror identity that encompass innovative ideas in both safety and performance.
The innovations adopted in its architecture is carefully imbued in the network strata, data layer, consensus strata, incentive layer and smart contract strata. Every level can can work for a particular quantity of applications, satisfy the particular demands of many applications and give the basis for individuals and firms with the possibility to swiftly and safely execute several application and business plans with low cost.
Usechain Ecosystem Value
Usechain has top experts in blockchain technology that will close rank with associates and professionals from all other part of the globe to set up the first highly-effective mirror identity blockchain.
The ecosystem of Usechain will be composed of the following arms:
Users;
People, resources, items and objects can make use of the confirmation system and service applications in the Usechain system to finalize charting of address and identity confirmation. It equally assist in ascertaining and keeping users right that can compound the value of identity by consistently producing clear and open behavioral information.
Application Participants
Individual entities and firms can approve identity confirmation for other people with reference to their identity certification and add to the building of Usechain ecosystem. Service companies, nevertheless, will have the privilege to build personal related business apps to widen their businesses based on the architecture and mechanism of Usechain.
Technology Participants
Technology participants are the most important actors in Usechain platform, therefore, Usechain building experts are completely devoted to the architectural structuring, the building and utilization of the protocols, the organization work alongside associates in technology and increasingly sharpening the ability to adapt in the main public chain, network zone and application strata and protocol layer across the platform.
Usechain Token
The official token to be used by Usechain would be called UST. It will be used to compensate community builders and those who support the community, those who promote the growth of Usechain and permit the use of blockchain by members.
Currently, UST is a ERC20 dependent token. It is designed to ensure that every participant contribute to the development of the ecosystem. It supports participation from a wider range of members from Ethereum platform.
Over time, the ERC20 UST tokens will be changed to Usechain UST coins when the primary net goals can effectively secure the interest of every actor.
Conclusion
Usechain is a blockchain-oriented ICO ecosystem that seeks to increase the efficiency of blockchain technology. It attempts to do this by offering a transaction management and support mechanism that is effective, identity-oriented, and with reduced technical barriers that can work in the general market.
TOKEN DISTRIBUTION
Volume: 20,000,000,000 UST
● Finite amount of UST created
● Maximum token amount for sale: 45%
● Marketing & Partner Support: 5% (with bounty comprising 6%)
● Community Rewards: 20%
● Technical Community Rewards: 15%
● Core Team: 15%
● Softcap: 1350 BTC
● Hardcap: 4500 BTC
● ETH(Ethereum), BTC(Bitcoin)
For More information visit:
Website: https://m.usechain.net
White paper: http://www.usechain.net/usechain_en.pdf
Medium: https://medium.com/usechain
Twitter：https://twitter.com/usechain
Facebook：
https://www.facebook.com/UsechainFoundation
LinkIn: https://www.linkedin.com/company/usechain/
Telegram：https://t.me/usechaingroup
reddit：https://www.reddit.com/user/Usechain/
instagram：https://www.instagram.com/UsechainOfficial