The advent of blockchain technology has been so effectual in rendering solutions to most of the challenges cutting through the diverse industrial sectors. This overtime has been highly effective within the little scope of its adoption. Several cryptocurrencies predicated on the blockchain technology ooze into the community as often as possible.
Smart contracts from Ethereum have become a logical continuation of Bitcoin's ideas and brought the possibility of using crypto-currency in the real world.
Nevertheless, no matter how serious the blockchain made during this time, there are a number of significant problems, the presence of which does not allow full disclosure of crypto technologies, make them universally applicable, and overseas only speculative assets.
Blockchain has allowed the society to be autonomous and secured in its transactions but it is appalling to know that this great technology still lacks in some areas like performance efficiency, has poor scalability (kind of) and high technical threshold which has limited it to only be applied in cryptocurrency trading and exchange. Underlying Blockchain communities have made tremendous contribution to optimize the technology but because of the lack of support and weak connection with market, Blockchain is yet to be fully adopted by the mass market like the internet. Due to this, the potential huge value market of Blockchain industry has not been fully recognized.
USECHAIN is a blockchain development in the light of Mirror Identity Protocol and encouraged with multi-level movements in progression and a collaborator course of action, and can be utilized to break the bottlenecks in the change strategy of the blockchain. Usechain calls itself the first blockchain-based platform based on mirror identity.
Usechain is built with high-ranking innovations in its structural and technological design to eliminate setbacks found in the process of developing blockchain and bring a perfect solution to the problems of scalability, security, and privacy.
Usechain is a non-profit organization set up in Singapore. The creators of this project are determined to rapidly develop Usechain, actively supporting the way of transparent management and promoting security and harmony within an open source ecosystem.
Furthermore, making use of its multi-level innovation in structural design and technology, Usechain shows its superiority over the existing public blockchains networks such as Bitcoin, Etherum and even EOS which gives Usechain a leverage to overcome the Impossible Trinity of a new dimension of identity.
The Usechain ecosystem will hold thousands of credit-based and identity-based applications in the future as is fast developing. This can be integrated by the blockchain technology without compromising or having any privacy or security issues.
ADVANTAGES OF USECHAIN
Faster transaction: the transaction of faster and better than what it use to be on already existing platforms.
Cheaper: the transaction fee are super cheap and affordable for everyone.
Accessibility: everyone from every part of the world have access to the platform
Transparency: the platform make use of blockchain technology is it is very easy for someone in any part of the world to check what is happening on the blockchain.
Secure: the platform make use of new mechanisms and advance technologies to make sure that all the users will be safe using the platform.
FEATURES OF USECHAIN
Hardware base performance improvement: the team have put everything in place to make Usechain a better blockchain asset with the improvement in the performance improvement of their hardware.
Privacy protected identity application: this is a security measure put in place do that all the customers will be safe and all their data and information will be safe due to all the process, innovation and safety conditions that the platform has put in place.
Non geographical barrier identity ecosystem: with usechain everyone no matter which part of the world the person is make make use it of the platform.
Token
The UST token will be an Ethereum blockchain based (ERC 20) token prior to mainnet launch. The token will be used to provide mining rewards and execute transactions on the blockchain.
ICO Details
Token symbol: UST
Total tokens: 20 billion tokens
ICO supply (private & public): 9 billion tokens
Soft cap: 1350 BTC
Hard cap: 4500 BTC
Price/Conversion rate: 1 BTC = 1000000 UST
Projected crowd sale date: 20th June, 2018
The Project Team
USEFUL LINKS
Website: https://www.usechain.net/
White Paper: http://www.usechain.net/usechain_en.pdf
Bitcointalk: https://bitcointalk.org/index.php?topic=3432061.0
Facebook: https://www.facebook.com/UsechainFoundation/
Twitter: https://twitter.com/usechain
Github: https://github.com/usechain
Reddit: https://www.reddit.com/user/Usechain
LinkedIn: https://www.linkedin.com/company/usechain/
Medium: https://medium.com/usechain
Telegram group: https://t.me/usechaingroup
Telegram channel: https://t.me/usechain