THE "Mirror Identity" USECHAIN PROJECT REVIEW
Usechain is dedicated to developing the first mirror identity blockchain ecosystem. Based on existing technologies in blockchain, Usechain becomes the first public blockchain to be built on Mirror Identity Protocol and integrated with multi-level innovations in technology and structure design,which can be used to break the bottlenecks in the development process of blockchain,provide infrastructure of technology for the virtual and parallel world in the future,build an identity blockchain system built on a new technical structure,develop more widely used Dapps and provide underlying technical support for the application explorations in finance,consumption,entertainment,socialnetworking,games,IoT,supply chain management,asset management and social management and add more value to identity by allowing people to be connected to the financial service provided by Wallstreet in an easy,convenient and instant way.
Usechain
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.
The platform's official token referred to as UST is based on the ERC20 protocol on the Ethereum blockchain. Users can acquire the token during the initial Coin Offering. The main aim of creating the token is to give an opportunity for all participants to be involved in the building of the entire community. The token will also be used to reward the developers and supporters of the platform's community as well as enabling the entire ecosystem to grow.
UST will also allow every participant who hold tokens to use Dapp
Compared with current mainstream public blockchains like BTC, ETH and EOS, Usechain solves the Impossible Trinity among scale, security and decentralization and provides a new way to design the application scenarios based on massive use of identity since it is built on MIP and receives multi-level reorganizations in underlying level of blockchain.
UseChain UST Token ICO Details
Token symbol: UST
Token sale date: 05/06/2018- 06/16/2018
Accepted payment method: BTC and ETH
Total token supply: 20000000000
ICO: 9000000000
The mission of Usechain is to build and promote a decentralized, resource-sharing, and self-evolving ecosystem. By requiring verified university diplomas, Usechain brings community building, social media, personal loans, business promotions and advertising to blockchain technology. Usechain builds on itself with repeated verifiable transactions. We believe that combining user identity, transaction information, and credit systems will be an important direction for the future development of the global blockchain technology industry.
Usechain will start with graduates of the top 100 Chinese universities and expand organically around the world through network effects.
IN WHAT CONTEXT CAN WE USE THE USECHAIN FUNCTIONS?
The platform uses a multi-level system for authenticating users of a particular resource. Those. the platform reliably links, for example, the address of a personal crypto-currency purse with the owner. Because The whole process is based on the technology blockchain, this information will be reliably protected from unauthorized penetration and use it for various purposes by intruders will no real.RPOW — Consensus will provide more transactions per second with less energy consumption and will not be so demanding on the technical level of mining equipment. Yes, you are not mistaken. Usechain will allow for mining. Moreover, a function is declared in the platform, which will allow crypto currency to be mined using mobile devices.
UseChain UST Token ICO Details
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
Website: http://www.usechain.net/
Twitter: https://twitter.com/usechain
Facebook: https://www.facebook.com/UsechainFoundation/
Telegram: https://t.me/usechaingroup
Medium: https://medium.com/usechain/
Bitcointalk: https://bitcointalk.org/index.php?topic=3609821.0
Reddit: https://www.reddit.com/user/Usechain
My Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1148209