USECHAIN: The World's First Mirror Identity Blockchain

Usechain is a platform that specialises on developing the first historically Mirror Identity Blockchain ecosystem that enhances the utilization of blockchain technology. The platform aims at enhancing performance by giving a transaction management and support process that is proficient, identity based, and with low technical barriers applicable in the mass market.

Usechain is the first public blockchain to be built on Mirror Identity Protocol and integrated with many levels innovations in technology and structure design, which can be utilized to break the bottlenecks in the improvement procedure of blockchain, give infrastructure of technology to the virtual and parallel world later in time to come, to build an identity blockchain system built on a new technical structure.

Usechain will develop more DApps and give underlying technical support for the application explorations in finance, utilization, entertainment, social networking, games, IoT, supply chain management, asset management, and social management and increase the value of identity by allowing individuals to be connected with the financial service given by Wallstreet in a simple, helpful and fast way.

BENEFITS OF USECHAIN

1: It features a multilevel process of authentication. Based on the cryptography technology, Usechain provides a multilevel system of authentication between the on-chain address and the user’s identity. Thus, the system saves only the interaction map, while the rest data remains hidden.

2: It is based on the PROW arrangement engine. It lets the system provide every user with the opportunity of high-speed TA verification grounded on the principles of upright mining and low energy consumption.

3: The ecosystem of Usechain resists multiple attacks. It is achieved by combining decentralization and distributed ledger. Moreover, the users of this platform get the opportunity to communicate synergetically.

4: It has an Identity Virtual Machine. It’s an entirely new standard for building high-yield smart deals adapted to the users’ needs and ready for sandboxing. The intermediary communication level inherent to the ecosystem of Usechain will let IVM come into interactions with the basal blockchain, plus various sub-chains.

5: The structure of this ecosystem is centered, first of all, on sole identity mapping, which improves the scenarios requiring customers’ identification.

6: It is designed to meet the needs of users from all over the world. The platform supports mining even via smartphones, as it requires low energy resources.

7: Usechain is oriented on the highest quality resources only. This is why it is particularly attractive for leading companies and unites application platforms.

TEAM

Some of the team members have more than 30 years of experience. Below is a little introduction about some of the team :

Henry CAO, the founder and inspirer of the project with extensive financial experience, the Cheung Kong Business School Professor, the founder of the first MBA program in China, began teaching at a very early age, and was a lecturer at many famous universities in the United States.

Feng Zhang is responsible for the financial analysis of the project. He has extensive experience in managing financial assets, including Morgan Stanley and was responsible for managing the assets of Basera Funds.

Andy Zhou is the technical director of the project, has extensive experience (10 years) in programming, data processing, artificial intelligence, distributed systems and architecture of technical projects. He worked in Huawei as a senior engineer-developer.

Shengli Zhang - in charge of the team for technology, is a professor at Shenzhen University. The former director of the SZU Blockchain Research institute, has registered three patents in the field of blockage.

TOKEN DETAILS:

Ticker: UST

Token type: ERC20

Fundraising Goal: 32,500,000 USD (4,500 BTC)

Total Tokens: 20,000,000,000

Available for Token Sale: 45%

Whitelist: YES

Know Your Customer (KYC): YES

Accepts: ETH, BTC

ROADMAP

2016
● Determine identity-based blockchain.
● Research on algorithm of identity-based blockchain.
● Put forward the concept of identity tokenization.

Q1&Q2 2017
● Determine design principles and objectives.
● Compile development plan.
● Officially launch the Usechain project.

Q3 2017
● Design system architecture and basic protocol.
● Integrated planning of ecosystem.

Q4 2017
● Develop underlying public blockchain.
● Cooperate with partners to explore application scenarios.

Q1 2018
● Develop fundamental functions of underlying public blockchain.
● Develop address-identity mapping system.
● Certification Authentication Center Service.

Q2 2018
● Develop privacy protection system.
● Form core community and achieve 50000+ people.

Q3 2018
● Develop software-based RPOW consensus algorithm.
● Develop enhanced smart contracts.
● Develop TPOS consensus algorithm.
● Launch beta version of main chain.
● Achieve 100000+ people in the community.
● Launch the first DApp.

Q4 2018
● Set up sub-chain structure.
● Develop cross sub-chain communication.
● Build Usechain eco-fund to accelerate ecosystem development.
● Develop multi-industry vertical community.

2019
● AI system of address behavior analysis.
● Develop tokenized multi-node system.
● Develop hardware-based RPOW consensus algorithm.
● More multi-industry identity-based DApps.
● Launch decentralized exchange.

For more information about this token,click below:

Website : http://www.usechain.net/
Whitepaper : http://www.usechain.net/usechain_en.pdf
ANN Thread : https://bitcointalk.org/index.php?topic=3432061.0
Telegram : https://t.me/usechaingroup
Facebook : https://www.facebook.com/UsechainFoundation
Twitter : https://twitter.com/usechain
Reddit : https://www.reddit.com/user/Usechain
Instagram : https://www.instagram.com/UsechainOfficial

Written By: chacha1000
Bitcointalk Profile URL: https://bitcointalk.org/index.php?action=profile;u=2015045