Usechain: A Unique Blockchain Platform

in #airhawk-project6 years ago (edited)

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Introduction
The blockchain world has witnessed rapid advancement in recent past as Bitcoins and Ethereum has introduced new ideas and ways of doing things like “decentralized currency” as well as “Smart Contracts”. The product is a more secured and independent blockchain platform.

Nevertheless, the blockchain technology is marred with inefficiencies such as difficulties in scalability, complicated technicalities in handling and poor performance and it has made it impossible to be useful in other fields of life outside cryptocurrency transactions.

Not so many people have realize the latent value that blockchain has for the mass market due to the numerous problems confronting it. For instance, the transaction speed of Bitcoin on Blockchain is very poor as opposed to what obtains on other platforms.

Again, the anonymity which is the core of blockchain system creates opportunities for cyber attacks and insecurity on the platform. Lastly, it is rather difficult for users operate on the blockchain due to the technicalities involved.
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Usechain Platform
Usechain platform identifies these challenges and builds the first-ever Mirror Identity Protocol platform that is hosted on blockchain and can be easily used by the mass market. It comprises of new basic features like a structure of blockchain technology and a genuine identity.

Usechain platform is developed in a way that it processes transactions very fast, it is safe for users and yet high-performing. With respect to these attributes that bothers on sole identity mapping, the platform can be used for a lot of application instances that demands identity.

The platform is scalable, as such, it can be upgraded to meet new demands of the global community and ensure its continued relevance.

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How Usechain is Different from Other Blockchain Platforms
Usechain is the first-ever blockchain platform that uses mirror identity and as well incorporated with multi-stage innovations in technology as well as structural framework and this can be used in removing the challenges that is impeding the mass adoption of blockchain.

Usechain can offer the technological leverage needed for the real and virtualized world in the future and develop an identity blockchain system developed on an innovative technical structure and as well build more used decentralized applications and offer the basic technical support for the use of the application in diverse fields of human endeavor.

When juxtaposed alongside other contemporary blockchains such as Bitcoin, Ethereum and EOS, Usechain stands out as of resolves the triad issue of scalability, safety of transactions and decentralization that’s known with traditional blockchains and presents an innovative means of building the application instances as its core is centered on identity and built on Mirror Identity Protocol.

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How Does Usechain Achieve This?
Usechain is unique on its own sense. It makes the blockchain more adaptable to the debabds from the global markets by adopting some innovative features. One of such features is the Multi-stage verification system.

By using cryptocurrency system, Usechain sets up a multi-level linkage between the blockchain address and the real identity of the users. However, it does not intrude into the privacy of the users as only the mapping relationship is documented on the chain.

In order to ensure that transactions are swiftly processed, Usechain uses a network sharding technology where the transactions of a particular address can be ascertained through its sharding address.

Using the RPOW consensus mechanism, Usechain ensures that the platform is programmed in a way that it is safe, very efficient in performance and can withstand attacks by external invaders. It uses the Randomized Proof-of-Work algorithm, and ensures that transaction confirmation is in a breeze.

As the energy consumption is low and the environment is favorable enough for mining cryptocurrencies. Besides, by using decentralization and distributed ledger, the platform enables peer-to-peer messaging and can withstand attacks. It equally makes Usechain attain to be scalable, swift and affordable to use.

Other innovative features that distinguishes Usechain from other blockchain platforms are Identity Network Machine, Light Node Client and Online Fault Tolerance which ensures that the blockchain becomes a platform that can be used in all sectors of the digital and real life economies.
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Conclusion
The three key problems limiting the blockchain from attaining the status of other applications and confining its usage to the cryptocurrency world is the challenges of poor performance, anonymity and technicalities involved.
Usechain stands out among other blockchain platform by introducing severk innovative approaches that removes these identified barriers from blockchain and sets it among those platforms that is relevant in many fields.

Investors And Partners
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For more information about this Project please go through the following links:

Website: https://www.usechain.net/

White paper: http://www.usechain.net/usechain_en.pdf

Medium: https://medium.com/usechain

Twitter:https://twitter.com/usechain

Facebook: https://www.facebook.com/UsechainFoundation

LinkIn: https://www.linkedin.com/company/usechain/

Telegram:https://t.me/usechaingroup

reddit:https://www.reddit.com/user/Usechain/

instagram:https://www.instagram.com/UsechainOfficial

Author's Bitcointalk Profil Url; https://bitcointalk.org/index.php?action=profile;u=1675399;sa=summary

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The core idea of the Usechain platform is to add value to identify and create new commercial models of blockchain technology based on MIP and multi-level innovation integration

usechain accessibility will create a user-friendly experience for new investors that want to get involved with the ICO.

usechain is an ICO that can help bring a positive impact within the blockchain community. With its Mirror Identity Platform, users don't have to worry about their identities being lost or stolen within the platform.

Usechain, the self-sovereign identity blockchain, is ultimately aiming to solve the trust issue in this society.

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.

Based on current blockchain technologies, Usechain is integrated with multiple levels of structure design and technology.

usechain will Create a connection between the off-chain identity and the on-chain addresses to meet the requirements of AML and KYC.

Usechain, as an ecosystem is growing fast and will hold thousands of credit-based and identity-based applications in the future.

Usechain comes as a solution to solve all the obstacles in the process of developing blockchain technology. Nice review..

Thanks to its multi-level innovation in structural design and technology, Usechain is superior to today’s mainstream public blockade such as EOS, ETH, and BTC.