Cube Chain platform is a service social platform that can safely execute P2P transactions through the use of online content and is filled with offline products and offers. By storing personal information about the built-in login ID (only one identifier is possible), Cube Chain platform transmits a digital certificate issued through fingerprinting through various access services, which significantly minimizes the risk of hacking.
Cube Chain is a combination of parallel processing of data and function blocks to expand the composition of the database using the concept of a cube instead of a block. Therefore, in the development of Cube Chain, various online services will be shown, which assume that the technology developed on the basis of the blockchain gives out encrypted cryptocurrency and uses a public database.
Cube Chain platform works as follows. The technology of making cubes collects 27 blocks per cube, of which 24 blocks record a transaction book, and 3 special units work simultaneously with the cubing process and are combined together to create a single cube. At the same time, when a data block is created, the procedure for the cubing is performed and the generated cube creates a new hash value.
Cube Chain platform includes the development of three elements: the CubeON platform; the operation of an online online manager in 24/7 mode; and the development of CubeChat instant messenger. CubeON allows developing a variety of content, the creators of which receive voluntary contributions to develop the project through user rates. If the project receives high marks, the creator is awarded QUB tokens. CubeChat messenger allows carrying out trade. CubeChat meets all the necessary user requirements and includes an electronic wallet, the ability to make payments, register operations and escrow functions 24/7. The electronic messenger service works on the chatbot principle.
The project was launched in January 2016, and at the moment the project team is already established, a beta version is launyearched. A new stage of the project will be implemented from May to June of the current year. The project’s crowdsale will be held in 2 stages. The first stage starts on May 30 and lasts until June 15. The second stage is from June 20 to June 30. The money collected in December 2018 will be invested to launch a beta version of CubeON platform, the launch of which is the ultimate goal of Cube Chain project. In January 2019, the full version of CubeON will be launched.
In total, 12 billion QUB tokens will be issued to attract investment in the project. It will be possible to purchase 8 000 QUB for 1 ETH. Of all the released tokens, 75% will be allocated to the crowdsdale, and 25% - to the development of CubeON project. All tokens sold within the project will be credited to customers' electronic wallets 2 months after crowdsale in September.
The hardcap of the project is 300 million dollars. The distribution of funds collected during the ICO will be as follows:
- 80% - for the development of CubeON project;
- 10% - for the services of the project team;
- 5% - for the development of a business project;
- 3% - to transform Cube Chain platform into CubeON;
- 2% - for marketing expenses.
Thus, the use of Cube Chain system will be a lasting step in the creation of CubeOn ecosystem, using a patented cubic engine and a cubic cryptocurrency. Cube Chain is an operational concept of blockchain technology, which has high speed, double security system, preservation of statistics of performed operations and the function of relative deposition. CubeON will clearly show how blockchain technology is changing the world and enabling large companies or individual businessmen to generate more profit from services as participants or creators by supporting the voluntary contributions of various P2P participants with certain business models.
Website: http://www.cubechain.io/
White Paper: http://www.cubechain.io/assets/file/Cube%20Chain_ENG.pdf
Telegram: https://t.me/joinchat/GpHbwQ3NGztrj8ZcwJjg_g
Facebook: https://www.facebook.com/cubechain
Twitter: https://www.twitter.com/cube_chain
Author: https://bitcointalk.org/index.php?action=profile;u=980049
bountyhive username: denvil
new project for business on Block Chain - interesting. Thank you for your review.
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