BREAKING NEW GROUNDS AND ATTAINING GREATER HEIGHTS IN BLOCKCHAIN SERVICES WITH USE CHAIN TECHNOLOGY

Life is easier and more meaningful, the idea behind change is always fueled by mans want to get better, want better, have better and do better things and one of those very many things within the web of mans needs was blockchain. Blockchain is an innovation with great power and limitless possibilities and like they always would say great power comes great responsibilities, overtime blockchain technology have created different digital currencies (bitcoin, ethereum,etc) and its innovations also cut across development of applications that are fully decentralized and built to serve the purposes of many industries as well as needs. The demand for these technologies has created a rebirth wish for a more expedited way of service approach and effective delivery. Blockchain is digital based so it uses digital based means to enhance it performance requirements; However in the light of customer desires for a better blockchain ecosystem with capabilities for modern needs and trends created an aura of realization of the Constant change is one thing that is not just synonymous with life but with also the things we use to make need for blockchain to enhance the before development processes in blockchain, it indicated grave needs for blockchain virtual technology and structure, it still desired an underlying technical support based system that can create better decentralized applications usable and useful in areas of finance, entertainment, securities, supply/ demand chain management, games and internet of things (IoT). These requirements above propelled a dynamic formation of experts and technocrats with years and knowledge to develop not just only dynamic but also an effective blockchain based platform with just more than enough features to abate all pre-existing challenges. These technology come in the use chain blockchain based ecosystem (platform).

ABOUT USE CHAIN

It’s a modification of previously existing platforms like identity data economy and identity trust model, the ecosystem that houses the use chain is value driven and it graced with a team of experts coined from the different places in the world to make sure a level of high performance service to users within its communities, the architectural or the under laying structure of use chain comprises of users, application participants, technological participants. Within the use chain ecosystem are sub applications like identity token used to tokenize identity and create easy transactions within the use chain platforms, one advantage of these is that it can be highly effective in a fan-based and in token based economy. Other applications within the use chain ecosystem are cryptocurrency payment, decentralized financial services, more credible sharing economy, more efficient secured and IoT applications, unattended investment and equity management applications, decentralized insurance, decentralized exchanges, tuition fund applications, digital content production and trading applications and many others.

Use chain has a foundation that is nonprofit organisation that started in Singapore this foundation is poised towards carrying out advocacy services, eschewing blockchain transparency and securities, the foundation operates on a tripod model of impartiality, non- profit governance, strong governance system

ROAD MAP

Unlike other platform, usechain operates with a clear cut plan so as measure their progress and see the sucess rate towards the achievement of their goals.

Below is theThe platform activity which started from 2016 through to 2019

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.

TEAM INFORMATION

Below are the capable hands that will take care of the affairs of usechain platform

CONCLUSION

With all that have been said use chain still on its way (road map) to attaining greater heights and exploring the opportunities that abound, it will use it foundation governance to give resources that will be used to create a fair, transparent process that can allow for feedbacks and performance assessments, by partnering with it community partners it will create better methods and unique innovations for users best experience and satisfaction. Use chain is the bed rock that will consolidates the greatness of blockchain present and future .

Important links :

Website: http://www.usechain.net/

Whitepaper: http://www.usechain.net/usechain_en.pdf

BTT: https://bitcointalk.org/index.php?topic=3432061.0

Telegram: https://t.me/usechaingroup

Author: https://bitcointalk.org/index.php?action=profile;u=2076423