Usechain ICO Analysis — The First Mirror Identity Blockchain

Usechain is introducing a brand-new consensus mechanism, Randomized Proof of Work to perfectly balance high performance and strong security, and apply multi-level authentication and encryption mechanism, Zero Proof, Identity Virtual Machine (IVM), Identity Network Sharding (INS), Identity Transaction Sharding (ITS), Enhanced Smart Contract, and other innovative technologies to create a new generation of Blockchain, leading Blockchain 3.0.

What is “Mirror Identity”?
In the context of Usechain, the meaning of “Mirror Identity” can be define as the identity address mapping protocol that is being utilised in the ecosystem. The protocol ensures that the identity off-chain remain anonymous and privately secured, only the address will be mapped on the blockchain. Such address transaction records will be open and transparent.

Usechain will be using the identity mapping system which can be applied to a wide range of commercial applications. It will establish a multi-level correspondence mechanism between the addresses on-chain and the authenticated user entities. Only the mapping relationship is recorded on-chain while other private information is undisclosed. The identity authentication mechanism is implemented while providing complete privacy protection.

WHAT USECHAIN OFFERS IN THE REAL WORLD AND WHAT IT TENDS TO PROVIDE FOR PEOPLE?

Compared with current mainstream public blockchains like BTC, ETH and EOS, 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.

HOW IS IT POSSIBLE THAT USECHAIN CAN PROVIDE THIS TYPE OF SERVICE?

The platform supports the participation of everyone worldwide. Usechain supports miningby use of even mobile devices because of its ability to use low resources and low energy consumption.

The platform uses a secure infrastructure that focuses on sole identity mapping thus improving its application to scenarios that need identity.

Through the platform’s characteristic of identity mapping, it can reduce its dependency on the hashing power of the Bitcoin and thus be able to reduce consumption of energy and computing resources.

The platform inputs resources of the highest quality to assist the global community to develop its ecosystem. This, in turn, unites application platforms and leading companies.

IN WHAT CONTEXT CAN WE USE THE USECHAIN FUNCTIONS?

The platform uses a multi-level system for authenticating users of a particular resource. Those. the platform reliably links, for example, the address of a personal crypto-currency purse with the owner. Because The whole process is based on the technology blockchain, this information will be reliably protected from unauthorized penetration and use it for various purposes by intruders will no real.RPOW — Consensus will provide more transactions per second with less energy consumption and will not be so demanding on the technical level of mining equipment. Yes, you are not mistaken. Usechain will allow for mining. Moreover, a function is declared in the platform, which will allow crypto currency to be mined using mobile devices.

Thus, the platform will provide a high level of security, high-speed performance and productivity, as well as reduce the consumption of electricity consumed.

In the Usechain platform, is also introduced — shading technology. Sharding will only confirm that part of the transaction to which it belongs. This technology will increase the speed of transactions.

A unique identification system that will provide the opportunity to interact with the user only with his personal information, applications and resources.

An important factor in the operation of the Usechain platform is the stability of its operation to the influence of any external or internal factors. This is the advantage of blockchain technology. Even in the event emergence of a problem situation, the blocks will simply be frozen until the situation is resolved in a specific order.

CORE TEAM

Henry cao(founder and CEO)
Baohong sun(co founder).
Shengh Zhang (chief scientists).
Feng zheng (senior finacial specialist).
Enric x u (COO).
Andy Zhou (CTO).
Lin Zhao (CPO).
Amada shen (PR manager).

ADVISORS

Shangjin wei (senior advisor).
Qian MA (senior advisor).
Allen yaw senior advisor
Stewie zhu (senior advisor)

UseChain UST Token ICO Details

Ticker: UST
Token type: ERC20
Fundraising Goal: 34,600,000 USD (4,500 BTC)
Total Tokens: 20,000,000,000
Available for Token Sale: 45%
Accepts: ETH, BTC
Useful Links
Website: http://www.usechain.net/
Twitter: https://twitter.com/usechain
Facebook: https://www.facebook.com/UsechainFoundation/
Telegram: https://t.me/usechaingroup
Medium: https://medium.com/usechain/
Bitcointalk: https://bitcointalk.org/index.php?topic=3432061.0
Reddit: https://www.reddit.com/user/Usechain