Usechain is the blockchain network that has implied the mirror identity to the blockchain dedicated for developing it as the first one. the developed model of Usechain can be used in sharing economy with higher-level of credibility and mutual trust. It is developing channels for a seamless connection to the real and digital world establishing a highly efficient, secure, unbounded and decentralized tool for the valuation of transmission to digitalize all things. The foundation has settled for public accounts and balance by pricing the other stable currencies for purchasing at its actual rate.
This will decrease the deployment cost for smart contracts and increase the flexibility and usability. Even the virtual machines will optimize and simplify the development and commissioning process reducing the resources of consumption lowering the barriers of partaking. The architecture of Usechain will ultimately handle the larger scale of transactions meeting with the demands from millions of users. This will also manage a range of commercials and social application to this platform at the same time.
Tuition Funds
It may reduce the gaps between the rich and poor as the Usechain community is able to establish a tuition fund with free loans for helping the students with financial pressure completing the students. Alumni can donate cryptocurrency to establish the fund to support the needy students with interest-free loans. Students can also use UST to repay loans and after the repayment, they can earn scholarships.
There might be risks for student loans regarding the repayment of debts but the blockchain technology is reliable and secured to take care about the issues of any broadcasted data and may reduce the number of loans for the students if they cannot replay it.
Decentralized Insurances
Usechain provides a convenient self-help community with the decentralized Distributed Ledger Technology enabling people to build confidence on mutual-aid accounts. The users in the community are permitted to use UST tokens participating in unattended insurance fund without any premium collection and investment in insurances funds settling algorithms in advance for the insurance funds.
This also can be used o life and medical insurance participating to receive the corresponding guarantee insurance with the payout by deducting the necessary expanse for notarized documents. The information is recorded on the blockchain and currently, it has reduced the chances of scams near to 0%.
Decentralized Exchanges
Usechain will develop the mirror identity for the blockchain ecosystem from the beginning of designing in an innovative perspective of the blockchain infrastructure. This will improve the efficiency of transactional verification for meeting the requirements of the mass market application.
The Usechain team plans to create its decentralized exchange for convenient use, saving time for resources. We see that the Usechain project is being fully modernized to have commercial value and to be as user-friendly as possible for the community. In the future, Usechain will probably be used on mobile devices, such as: a smart watch, a mobile phone, a PDA, a tablet and others.
Hundreds of centralized exchanges are in the cryptocurrency market acting as intermediaries providing a platform for the arbitrage trading revealing for the market manipulation to set a high transaction to feel to earn profits. The users of digital assets and data in the stores have a centralized storage system with an exposure to the users to threat the hacker from potential operational risks exchanging the encounter.
The highly performed identity-based blockchain are using Usechain to build a decentralized exchange by focusing on security, efficiency and better user experience ensuring user’s assets. These may lose or remain intact for the accounts into the whole transaction process to provide the service for massive and lower cost transmission for the valuation of adequate liquidity for exchange. This will ultimately become the best trading platforms for personalizing the identity tokens where traditional financial assets can be converted into tokens for stock, gold etc. Even the Usechain ecosystem continuous the growth of the number of participants and resources providing sufficient liquidity for decentralized exchanges in the future.
Blockchain Games
The online communities can establish on the blockchain network by mapping the real identity to creating the relationships to form teams. The blockchain technology characteristics can survive without any existence to the creators for one possible application to such scenario for the virtual self-extent on the blockchain.
Usechain is making the system feasible enough for the users and creating doors for needy students as well. It is a non-profit organization since it is ensuring all the benefits to the users and making the system efficient.
Website : http://www.usechain.net/
Whitepaper : http://www.usechain.net/usechain_en.pdf
Linkedin : https://www.linkedin.com/company/usechain
Telegram https://t.me/usechaingroup
Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=1966814