UseChain — BlockChain 3.0

vutienthanh (27)in #usechain • 6 years ago (edited)

MarketOverview
With the rapid development of blockchain technology, we can see the blockchain being focused on great values such as: transparency, security, decentralization, irreversibility, network consensus, etc. That development has laid the foundations for the idea of transmitting information at unprecedented scale, with the technology previously thought not feasible. Under pressure, the BLockchain industry needs to evolve to a new level: Blockchain 3.0 with the participation of the global blockchain community. The expectation of Blockchain 3.0 is the new era of blockchain eliminates the obstacles that BLOCKchain of BTC, ETH are experiencing at present, such as:

Performance and scalability: Provide efficient transaction process management and support for millions of Dapps and billions of users. The current situation with ETH and BTC has appeared congestion and slow in the transaction process, with each transaction. In recent times, the rise of ETH’s Gwei is the reason people are worried that the platform is really strong enough.
Identity-based: Establish a connection between the on-chain addresses and the off-chain identity to meet requirements of KYC and AML. This is necessary when massive development leads to loss of control. Blockchain can become a money laundering tool, tolerant of criminal conduct, illegal business practices and many other actions that should be condemned.
Low technical barrier : The growth of the market poses an urgent problem for blockchain. Blockchain needs continuous growth, flexible innovation and low ( cost + risk ) to meet the needs of the market.
==>As such, the birth of blockchain 3.0 is imperative in this moment. This led to the birth of Usechain. The Usechain foundation is establishing the first blockchain ecosystem that satisfies the above conditions and can be applied to the mass market. Are you excited? Take a look at what Usechain can do!
What’s Usechain?
Usechain is dedicated to developing the first mirror identity blockchain ecosystem.
What’s Usechain feature?
Hardware-Based Performance Improvement.
Privacy-Protected Identity Application.
Boundaryless Identity Ecosystem.
Top Business School Supported.
What did the Usechain team do to make this breakthrough?
Usechain will develop the first mirror identity blockchain ecosystem by starting from design innovation from the perspective of blockchain infrastructure. In order to improve the effectiveness of transactional verification, to meet market demand and eliminate the manipulation of transaction objects. That is the first advantage of Usechain. Following a reduction in the cost of implementing a smart contract, increased flexibility and usability were the second advantage of Usechain. By using a virtual server to optimize the test run and development process, reducing the resource consumption of participants makes Usechain’s system unobstructed and obstructed. This will eliminate Usechain’s increased scale. The ecosystem is really strong at this point.

To explain the key to the differentiation of Usechain we can refer to the usagechain model. See the picture on above:

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.
==>With this mechanism, Usechain makes a difference and satisfies the requirements of blockchain 3.0. Eliminate the disadvantages of Blockchain 1.0 (BTC) and Blockchain 2.0 (ETH). Based on Zero-knowledge Proof, Usechain can create the separation of identity and identity verification. With support for Dapps applied in various industries by MIP, Usechain is capable of providing the infrastructure.
Partners:
FUNCITY Capital, Grand Shores, CollinStar Capital, JRRCrypto, NewDO, Milestone, Distributed Credit Chain, Ausvic Capital LTD. , Dynamic Fintech Group, Jikexueyuan…
Founder of usechain include:
Henry CAO ( Founder, CEO ).
Baohong SUN ( Co-Founder, CSO ).
Token Detail:
Symbol: UST