The blockchain technology has started its journey back in 2009. Since it has many innovative ideas and concepts like decentralized currency and smart contracts into the world of blockchain technology. The potential blockchain and cryptocurrency will enable the society being anonymous and secured.
Currently, many underlying blockchain communities are making contributions by optimizing the technology to adopt the mass market based on internet. From this concept, Usechain has built innovative blockchain criteria implementing the mirror identity for the first time into the blockchain ecosystem. this will continue the platform with the high quality of resources based on solid technology foundation and commercials by the academic support.
Usechain is focused on building up the main mirror character blockchain biological community by molding itself into an overall stage with a rich assortment of utilization situations, the biggest networks and the most developed advances. Usechian enables character and makes everybody on-chain with a low hindrance.
People can take an interest in the biological system by contributing time, consideration, resource, and so forth to make esteem. Consequently, members will be remunerated reasonably in the biological system, enabling an incentive to be offered back to the first clients, hence taking out imposing business model and outsider mammoths in the present society.
Usechain is a Singapore based firm dedicated to getting self-sovereign character Block nearby network substitute to the exceptionally well known BTC and ETH Block chains.
System Improvement
The development of blockchain industry and technology focuses on the characteristics of transparency, security, decentralization, and irreversibility network consensus. It involves a larger scale of information transmission to add some values establishing the participation and resource advancements. In terms of increasing adoption and utilization through the blockchain technology it is required to involve the cryptocurrency and the underlying blockchain system that needs to be improved in few factors:
Performance and Scalability: It provides efficiency in transaction process management with the support for millions of Dapps for billions of users.
Identity-Based: This will establish a connection between the on-chain addresses to the off-chain identity for meeting with the needs o KYC and AML. This will make possible the massive adoption of the daily consumption, loans, and insurances.
Low Technical Barrier: While the optimization process continues, the enhancement of smart contract becomes sophisticated for flexible definition of application to the protocol and promotion in the accessibility providing a user-friendly interface for the existing internet technologies. This will also bear a low cost and lost risk docking mode to mature the technologies.
Identity Mapping
The Identity mapping for Usechain is developed based on the solid technological foundation with higher performance and secured infrastructure. This will be centering to the sole identity mapping so that Usechain can be able to apply a wide range of applications goes the scenarios of required identity.
The competitive advantage from the commercial field is also renowned to the business schools where it can continue all the inputs for the application platforms under the motivation of Usechain foundation. This will assist the global community in stimulating the development of the Usechain ecosystem and leading the industry into blockchain 3.0.
Data Generation
The Usechain project is working on a variety of innovations that will be used on the basis of mirror identification. This will be done by a whole team of blockchain technology, working with many partners and experts from large technical communities. Usechain has good connections with the leading business schools and will actively cooperate to create applications based on identifiers.
The behavioral data generation of people, events and objects are continuing to be improved by the identity-based ecosystem as the development continues of the Usechain ecosystem. The system will make it transparent, open and irreversible under the precondition of privacy security, traditional identity information for changing being scattered and fragmented.
This will aggregate the individuals to create the value to the ecosystem with the continual investing time, attention, assets and gets a return from the ecosystem as well. Even the value of the ecosystem will be returned to the owners who possess the original rights for participating to a consensus elimination of oligopoly with the interest of centering the possibility of truly building decentralized virtual society.
Being a pioneer to invent the first mirror blockchain ecosystem, it is building a high quality of resources within the solid technology foundation and commercials in academic support. Usechain will promote the development and iteration of commercial projects for becoming a leading commerce and application platforms to formulate a blockchain economy system with the improvement in efficiency. The system will also accelerate the development of the ecosystem to lead the industry and community.
Website : http://www.usechain.net/
Whitepaper : http://www.usechain.net/usechain_en.pdf
Telegram https://t.me/usechaingroup
Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=1151406