Usechain is the name of a dedicated and developed first Mirror Identity Protocol based identity for the blockchain ecosystem integrated with multi-level of innovations in technology and structural design. It has developed for the integrated multi-levels of innovations in technology for structuring the design breaking the bottlenecks for the development process of blockchain providing the infrastructural technology. Usechain can solve the Impossible Trinity from the newer dimension of identity reaching to a perfectly balanced scale and security for the decentralized community for faster development in the ecosystem.
Usechain Foundation
Usechain increases the value of the character in center thoughts with an expect to develop another business model of blockchain based on MIP with the multi-levels of redesigns and basic levels. This procedure can go a long ways past the customary models through the Identity Data Economy and Identity Trust Model.
The blockchain arrange framework will likewise bolster the Decentralized Application framework DApps for the money related comprehensiveness. Higher execution and decentralized trade in the biological community adds esteems to shaping stream by working productively. This makes the framework open with simple and helpful courses for moment back administration gave to the Wallstreet on the blockchain.
The foundation of Usechain is establishing a non-profit platform and committed to deploying the organization should establish in Singapore. This will advocate the governance of transparency promoting the security and harmony to the open-source ecosystem. The events can avoid the designs by violating the concept of blockchain for the foundation to develop a decent governance structure providing assistance to the general affairs for the privileged matters.
Foundation Principles
The foundation of Usechain has three fundamental principles that make the system feasible:
- Impartiality: It is developed by the sole management of its applications
- Non-profit Governance: It serves the interests of UST holders to develop a stable and scalable system for token issuance and distribution to the managed Usechain Foundation.
- Strong Governance System: It has an independent legal entity in a distinct way of operating and governing the framework by the top professional advisors.
Goals
The blockchain businesses and advances are growing quickly. These quickly created enterprises are profoundly centered around the attributes of straightforwardness, security, decentralization, irreversibility, organize accord that laid on the perfect establishment for huge size of conceivable transmission. In this day and age, web transmits bigger sizes of data with the conviction of valuation that may go simple o transmitting the data and the security transmission with trade off. Indeed, even the worldwide networks are setting up the support in the venture of assets for pushing the entire blockchain industry in blockchain 3.0 as this time is produced with standard advancements to change the method for human investigation and development with the improvement mode.
The Usechain foundation has grown up with a mission to develop a real-name credit ecosystem. This will help to make sure the consumers to enjoy the products and services based on credit. The foundation gives the developers an open and sustainable performance developing, delivering and enhancing the existing service. The Userchain Foundation devotes to accomplish the resources in three specifically defined areas that include research, development, and governance. These goals let the user take proper advantage of the service provided.
Governance Goals: The Usechain Foundation devotes to the resources for the establishments of a fair and transparent governance, process and taking feedbacks with the requirements from the participants to the ecosystem by the consideration. The open governance model will oversee the users for the engagement decisions to process, rules, token issuance, pricing rules, legal affairs, and content and compliance guidelines. The Usechain Foundation is responsible for the administering and overseeing the security of tokens reserve and transparency in the use of UST and any proceeding tokens.
Research Goals: The Usechain foundation sets its aim for a foster and innovative environment that works closely along with the partners. This collaborates by testing new methods of participation in the ecosystem driving the creation of value and effects on the network. The foundation also funds for the researchers to support an autonomous network to secure the effective business service.
Development Goals: The Usechain foundation has the goal to direct and fund the development of Usechain providing tools to the partners for building, developing and creating value in the ecosystem. by this, the foundation will open source code to support new communities joining the development team to continue the improvement for supporting the technology kit to maintain the base and this can also be used for the participation in the ecosystem.
To emphasize the service, Usechain is supported by the academic and commercial resources of the top business schools to work together for establishing the companies with many attractive industries and massive users.
Website : http://www.usechain.net/
Whitepaper : http://www.usechain.net/usechain_en.pdf
Telegram https://t.me/usechaingroup
REDDIT : https://www.reddit.com/user/Usechain
Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=1967241
hey very well written... i was reading about this before.. this would help me with my resaerch . :-)