Hello guys its been a long time I posted and shared knowledge of outstanding blockchain projects I know of. Well to break the silence I have discovered a project in which I am so much in love with and think guys should be aware of. This piece is a break done of #Usechain's Ecosystem.
The ecosystem is the most vibrant part of any blockchain. Its failure or success imparts greatly on the project #Usechain has one of the most efficient ecosystems. No man should be alienated. Thu, #Usechain strives partnering with relevant stakeholders in bringing its platform to desired heights.
Usechain’s team comprises experienced technocrats with the needed experience of pulling the platform forward. Its team is working on real-world partnerships that will facilitate adoption of Usechain in many scenarios.
The team had already created connections with relevant industries and business schools.
In the near future, #Usechain will be fast-tracked as a decentralized platform with large following in the physical scenario. Backed by the mirror identity technology, current fraudulent trends in online and fiat settings might have gotten a solution.
Design
#Usechain’s design was patterned in a favorable way. The architecture will be deployed to many scenarios as soon as the platform had gotten its foothold in the digital space. Through the architecture, #Usechain will make steady in-roads to fiat scenarios.
Usechain’s architecture will be primarily deployed in key areas such as Internet of Things, payment, insurance and financial services. The architecture will be regulated by the platform and key investors.
Application Scenarios
For its use case, Usechain will rely solely on its mirror identity. Its application scenarios will transverse the lines of functional and grey areas. These use cases are primarily controlled on the Usechain ecosystem though some of them have real-life implementations.
Virtual Reality
Virtual Reality had been around for a while now and is gradually gaining acceptance like AI. #Usechain’s mirror identity maps each user’s address and reflects same on the ecosystem. This facilitates integration of cyber-based communities into the blockchain. One of such communities that catch Usechain’s interest is VR.
Virtual Reality might be re-shaped and modeled into blockchain games. Thus, #Usechain aims at making Virtual Reality key part of its use case by developing block chain games.
Educational Funds
#Usechain’s team realized the literal high sea that exists in traditional societies. Education is not affordable and hence, more funds have to be deployed to get quality education. The affluent ones can scale this but can same be said of the poor?
#Usechain therefore set-up tuition fund on its ecosystem. The interest-free fund can be accessed by low-income earners and students who wish to further their studies. These funds are raised by earlier beneficiaries who contribute some crypto currencies towards that end.
At the end of their educational program, students who accessed loans will have to repay this by applying their diploma to the UST token. However, each loan has its deadline though repayment can be extended by a year.
DEX
Another use case of #Usechain is complete decentralization of the exchange market. There will be removal of centralized exchanges and replacement of same by #Usechain’s DEX. #Usechain’s RPOW consensus mechanism will be a randomized matchmaker – randomly selecting dealers for transactions.
##Self-Help
The platform identified need for third-part funds that will feature in emergencies. Thus, Usechain deployed an insurance mechanism as one of its application scenarios. Users can contribute funds on mutual basis. These funds can be used in accessing urgent emergencies such as medical care.
Putting it all Together
#Usechain has impressive features that are powered by its consensus mechanism and the mirror identity technology. It will be a good idea saving up and accessing funds on the platform.
Learn more:
Website: https://www.usechain.net/
Whitepaper: https://www.usechain.net/usechain_en.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=3432061.0
Telegram: http://telegram.me/usechain
Twitter: https://twitter.com/usechain
Writer: CynthiaLM
Bitcointalk Profile URL: https://bitcointalk.org/index.php?action=profile;u=1990889