What Is UseChain?
Usechain is a platform that aims at developing the first ever mirror identity blockchain ecosystem that improves the use and utilization of blockchain technology. The platform aims at improving performance by providing a transaction management and support process that is efficient, identity based, and with low technical barriers applicable in the mass market.
The platform focuses on introducing a new consensus mechanism and a randomized proof of work to balance perfectly strong security and high performance. In order to bring a new generation of blockchain, Usechain will use multi-level encryption and authentication methods, Identity virtual machine, zero proof, enhanced smart contract as well as other innovative technologies.
What is Usechain?
Usechain is a Singapore-based company committed to developing a self-sovereign identity Blockchain community alternative to the well-known Bitcoin and Ethereum Blockchains. Usechain incorporates many innovative technologies such as RPOW (Randomized Proof of Work), a multi-tiered sharded network, integration with government identities, and a social network-based credit making/lending/securitizing system on which many real-life applications may be built. Potential applications Include finance, IOT, supply chain, social network, and games.
Innovative technology, identity mapping, comprehensive governance structure and an application-focused design gives Usechain advantages over Bitcoin and Ethereum, the current top contenders in the cryptocurrency landscape.
Mirror Identity
As a basic explanation, the meaning of Mirror Identity can be defined as Blockchain based Identity Address Mapping tool. Usechain platform ensures the situation that your identity is being safe as it will be stored and will be shown to others as anonymous data. While address transaction records will be transparent, your address stays anonymous.
How UseChain Mirror Identity Blockchain Coin Works
Usechain is built on mirror identity protocol merged with high-level innovations in structure design and technology to eliminate the delays in the process of developing blockchain and bring a perfect balance between scale, security, and decentralization. Usechain, as an ecosystem is growing fast and will hold thousands of credit-based and identity-based applications in the future.
Proposed Solution (The Product)
Usechain comes as a solution to solve all the obstacles in the process of developing blockchain technology. Currently, Usechain is creating blockchain identities built on the new technical structure. The platform provides the infrastructure supported by MIP, as the underlying technical support exploration for the development of Dapps in various fields. Starting from the field of entertainment, consumption, social networking, finance, supply chain management, games, IoT, and much more.
Thanks to its multi-level innovation in structural design and technology, Usechain is superior to today’s mainstream public blockade such as EOS, ETH, and BTC. Usechain can overcome the Impossible Trinity of a new dimension of identity. At the same time, it offers a perfect balance between scale, decentralization, and security. The advantages provided by Usechain, making it as an ecosystem that can proliferate over time. He will hold thousands of applications based on identity and credit in the future.
Who is behind Usechain?
Usechain Core Team
Usechain Advisor
Usechain Token Metrics
Token Matrics
Ticker: UST
Token type: ERC20
Fundraising Goal: 34,600,000 USD (4,500 BTC)
Total Tokens: 20,000,000,000
Available for Token Sale: 45%
Accepts: ETH, BTC
ROAD MAP :
Useful links:
Website: http://www.usechain.net/
Whitepaper: http://www.usechain.net/usechain_en.pdf
Telegram: https://t.me/usechaingroup
Github: https://github.com/usechain
Reddit: https://www.reddit.com/user/Usechain
Medium: https://medium.com/usechain
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=3432061.0