The blockchain networking site has come to the action as the first invention of decentralized digital currency, Bitcoin. Then consensus smart contract-based transactions are supporting the modified version of cryptocurrency that raises awareness on the debate of cryptocurrency and blockchain as the current scenario has no real utility for mass adoption applications. This was the beginning of blockchain and from then it has introduced a new era of a number of blockchain network serving the users in possible different contexts. Usechain is administration the blockchain technology for the principals of the team to work closely by partnering with the specialists of a comprehensive and technical group of people launching the first high-performing mirror technology for the identity blockchain.

Combination of Features

Usechain is creating the blockchain and algorithm consensus, Randomized Proof-of-Work with the combination of features like mirror identity protocol, network sharing, smart contract ad virtual machine IVM and so on as it creates a decentralized ecosystem. The platform provides an integrated token system known as UST with different types of DApps promoting the applications of real use.

Usechain will be demonstrating the current feasibility in the utility of cryptocurrency through the blockchain network. The idea of blockchain has developed for a financial application that will require the accounts and traceable identity confirming KYC and AML standards. This will also need high scalability of frequency for transactions in taking place for reducing higher transactional cost. The technology will resolve the bottlenecks by the envision of financial applications.

Identity Accounts

This can be used for generating the private identity tokens that can be used for embedding private debt of tradable derivative contracts. Even the private contracts become tradable by the risk subjected to the financial risk for the contracts plus in the Cash-In-Transit. This will emit the risk of involved parties for a limited quantity of personal and unlimited tokens. These tokens can be minted by the mining rights by the combination of UST and will be generated by the top school diplomas. The public accounts are created for collecting the community taxes by the redistribution for getting back to the community.

Decentralized Exchange

This establishes for the user who can trade different types of tokens. The current centralized exchange consists of a number of problems manipulating theft and front-running that can ruin the blockchain industry. This will create a consensus mechanism for low energy consumption along with the scalable design that will help in developing an effective decentralized exchange by the improvement of the behavior of being user-friendliness, eliminating the centralized problems to increase the execution of speeds in performing efficient and comparable centralized exchanges.

Decentralized Payments

It is the application of resolving technology that is developed for handling peer-to-peer payment network of Bitcoin. The high cost and low transaction speed make Bitcoin inefficient for the payment channel by highly performed blockchain to make P2P payment implementation. This will accomplish the decentralized digital payment in need of establishing a stable coin by the generation of using a pathway through a money market fund, collateralized debt, and a virtual smart federal reserve bank.

Arrow-Debreu Tokens

The personalized payout system of these tokens has one unit for some specified states of without payment states. The market will be complete by the verifiable allocations which are implementable depending on the credit risk of the issuers.

Usechain is centered around working up the primary mirror character blockchain natural network by embellishment itself into a general stage with a rich combination of use circumstances, the greatest systems and the most created progresses. Usechian empowers character and makes everyone on-chain with a low obstruction.

The Identity mapping for Usechain is created in view of the strong innovative establishment with higher execution and anchored foundation. This will focus to the sole personality mapping with the goal that Usechain can have the capacity to apply an extensive variety of utilizations goes the situations of required character.

Individuals can appreciate the organic framework by contributing time, thought, asset, et cetera to make regard. Therefore, individuals will be compensated sensibly in the organic framework, empowering a motivating force to be offered back to the principal customers, subsequently taking out forcing plan of action and untouchable mammoths in the present society

Usechain focuses on the developing blockchain by the fulfillment of utility by making the solution for the problems in existing financial and identity system. This will lead to the successful mass adoption in the society.

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=2156887