Hello Guys!
Today, I would like to introduce you to a project that has set the whole crypto space agog with excitement. Crypto continues to go beyond boundaries in providing solutions to everyday problems that people face.
One of such problems is identity verification problem. Identity verification simply means that your institution is able to confirm that you are who you claim to be. Identity verification is proving to be a major problem in the online world and there has been cases of identity theft which has led to loss of valuable assets. It is expedient that we have a secured system of identity verification that is immune to hacks and breaches. This will certainly help in the way we carry out transactions.
Usechain platform is a novel identity verification ecosystem developed to provide fool-proof and secured identity verification with the use of blockchain technology. Usechain is building the world’s first ever mirror identity blockchain ecosystem. This platform is all encompassing in that it aims to improve transaction performance with low technical barriers so that everyone can use it making it globally accessible to everybody.
The Usechain project operates on a user-friendly platform. It will make it easy for people to be properly bound to a purse using cryptocurrency. There will be identification and mimicking which will occur naturally and give way to the integration of strong safety features for the investment. Usechain will be applicable to many resources that need to bind a definite block of personal content to the individual. The usechain platform will make use of the mirror identity to secure user’s data.
What is Mirror Identity?
Simple, mirror identity is an identity mapping tool that operates based on the blockchain network. It is targeted at securing individual’s data with the integration if the blockchain platform. Thus, others on the platform will see people’s data as anonymous. Asides, records of address transaction will be fair and anonymous.
Usechain will employ the identity mapping tool to facilitate mirror identity. With this, user profiles will be verified, and addresses will be mapped. Asides, only mapped datum will be recorded and kept safe.
How the Usechain Mirror Identity Works.
A top-notch innovation with the mirror identity protocol is the strategy created to remove unnecessary delay in executing blockchain services. It will help create a perfect balance in decentralization, security and scale.
Benefits of the UseChain Platform
• The platform will encourage, safe, credible and transparent transaction
• The platform is adjusting in order to bring in new and other forms of services that uses identity mapping. This is possible through reliable infrastructure that uses identity mapping system.
• The usechain welcomes people from all over the globe. Users can even mine with their phone because the system can use cheap resources and also does not consume much power.
• Usechain will reduce the reliance on BitCoin’s aggregate power. This is due to identity mapping feature of Usechain. This will help reduce energy consumption and reduce burden on computing resources.
• Usechain will also feature strictky high quality resources. With this, the global ecosystem will develop which will entice top organizations
The Usechain Token
The official token of the platform is UST. It will be based on the ERC 20 protocol utilizing the Ethereum Blockchain. Users who hold the UST tokens will be able use dApp. Asides, UST tokens will also be used as reward incentives for users. It is primal to the growth of the project.
The entire token in circulation will be 20 billion, while the token offer for sale will be 45% of the entire token.
Token Information:
Name: Usechain
Total supply: 20, 000, 000, 000 UST
Type: ERC-20
Ticker: UST
Price: 0.0058 USD
Soft cap: 2,700,000,000 UST
Hard cap: 9, 000, 000, 000 UST
Token Allocation:
• Public Sale - 45%
• Core Team - 15%
• Community Rewards - 20%
• Technical Community Rewards - 15%
• Marketing and Partner Support - 5%
Allocation of Funds Raised During ICO:
Human Cost - 35%
Marketing - 20%
Risk Funds - 20%
Business Development - 10%
Company Operation - 5%
Advisor Consulting – 6%
Legal Compliance – 4%
The Usechain team
Advisors
Investors and Partners
Roadmap
We have provided links to the website and whitepaper of Usechain below
• Website: https://www.usechain.net/
• White Paper: http://www.usechain.net/usechain_en.pdf
The following provides the link to their social media sites:
• Facebook： https://www.facebook.com/UsechainFoundation/
• Twitter： https://twitter.com/usechain
• Linkedin: https://www.linkedin.com/company/usechain/
• Medium: https://medium.com/usechain
• Reddit： https://www.reddit.com/user/Usechain
• Telegram group: https://t.me/usechaingroup
Authours Profile: https://bitcointalk.org/index.php?action=profile;u=2077261