Usechain Review
Nowadays, a lot of people use the Internet, both for work and for solving common life issues, cryptocurrency is rapidly gaining popularity. Blockchain is characterized by transparency, security, anonymity and ease of use. There is a new excellent draft Usechain project, which is very progressively developing and will be used in a large number of applications where identification is required. This project is unique with excellent performance, high-level security and strong technology.
The concept of the Usechain project appeared in 2016. The developers did not hurry to present their project as a “new brilliant idea” — they preferred not to hurry up the idea, create a clear plan for launching the platform. The launch of the Beta version of Usechain is planned already in the middle of 2018, it is planned to fully implement the project by the middle of next year.
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. This is necessary in order for the ecosystem of the blockchain to have the most advanced technologies, the largest user community and a multifunctional application. Usechain establishes the first ecosystem that will be convenient to use, constantly improved and can be applied to the mass market.
Innovations in design at the network level, incentive level, data level, intellectual contact level and consensus level are also proposed. 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.
The Usechain project will establish public accounts and adjust prices.
Users can use crypto-currencies, which are stored in the purse, for payment. Such payments will be processed in a decentralized peer-to-peer network without the participation of centralized systems, for payment users can use crypto and digital coupons for a discount.
The Usechain ecosystem is based on identification and therefore provides not only high performance, ideal security and decentralized decision-making capabilities, but also features such as high efficiency, low authentication cost and reliable authentication.
The advantageous use of the Usechain project is that it allows users to create a decentralized fund for making passive investments in the index of the market portfolio. There is no management fee and each transaction is transparent.
The ecosystem of Usechain grows very fast and introduces many innovations. In the future, it will have thousands of applications that will rely on identification and credit. The creators of the project will implement their token on a platform called UST, which will be the most common. The number of users of the Blockchain project Usechain will grow, and, the cost of UST will also increase. For easy use of the system, the Usechain team will publish an activity report once every three months in order to ensure quality service and transparency of all activities. To the cooperation, people around the world and audit firms are invited to conduct independent audits.
The best employees of Usechain will regularly hold offline meetings for the main investors. The funds raised will be used to develop the project, and to support the use of Usechain.
Usechain is a non-profit organization set up in Singapore. The creators of this project are determined to rapidly develop Usechain, actively supporting the way of transparent management and promoting security and harmony within an open source ecosystem.
In order not to violate the concept of the block chain, Usechain employees are working on a decent management scheme to help common affairs and other privileged issues.
The project team
The Usechain development team is mainly from China. It is headed by Henry Cao, a lecturer at the University of California, USA (Berkeley) and a financier with a long record of service. The whole team are experienced blockchain developers.
Official sources
http://www.usechain.net/usechain_en.pdf
https://bitcointalk.org/index.php?topic=3432061.0
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