USECHAIN - The First Mirror Identity Blockchain

JigaMola

A centralized identity management system also encounters other issues such as:

Repetitive registration/KYC
Identity risk

Repetitive registration/KYC

Our current personal data and information are not well protected and vulnerable to potential privacy breached. This is because many of the activities that we do, we have to identify ourselves such as registering for an online service, buying insurance, taking a loan or even going oversea. We are prone to doing multiple KYC and sharing of our information. This process has become repetitive.

Identity risk

Our information and data have been constantly shared with various business companies and online platforms so that we can access to the places or purchase products that we need. However, many of us did not realize that these actions put our identity at risk, potentially identity theft, breach of data, data leakage and misuse of information. This happen because E-commerce, social media and business companies have control of our personal data. Our private information is at risk of security breach in the hands of these centralized platforms and entities.

The Rise of Self-sovereign Identity

It shows that centralized identity management system has deficiencies. Self-sovereign identity allows individuals to have more control over their information and at the same time to be able to share minimum amount of information that the given party needs for identification. Usechain will be the first mirror identity project using blockchain technology to address the issue on centralized identity management.

Usechain Innovative Blockchain Solutions Introduce 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. Usechain is built on mirror identity protocol merged with high-level innovations in structure design and technology to eliminate the delays in the process of developing blockchain and bring a perfect balance between scale, security, and decentralization. Usechain, as an ecosystem is growing fast and will hold thousands of credit-based and identity-based applications in the future.

Usechain is committed to developing the first mirror identity blockchain ecosystem by shaping itself into a worldwide platform with a rich variety of application scenarios, the largest communities and the most advanced technologies. Usechian empowers identity and makes everyone on-chain with a very low barrier. Individuals can participate in the ecosystem by investing time, attention, asset, etc. to create value. Subsequently, participants will be rewarded fairly in the ecosystem, allowing value to be given back to the original users, thus eliminating monopoly and third-party giants in the current society.

Usechain is a Singapore based firm committed to getting self-sovereign identity Block local community substitute to the very famous BTC and ETH Block chains. Use chain incorporates a lot of impressive ecosystems these as Randomized Proof of Do the job a multi tried sharded system, connection with federal GOVTs IDs, and Social Media based mostly credit rating making, securitizing, lending plan on which lot serious, the regular living application might well be designed. Opportunity purpose includes IOT, Finance, Social Community, Supply chain and Internet Games.

Progressive techs, ID mapping, via the governance framework and an app centered style provides Use chain advantages about BTC and ETH, the currently best sides in the virtual money landscape.

USECHAIN FEATURES

Hardware-Based Performance Improvement
Privacy-Protected Identity Application
Boundaryless Identity Ecosystem
Top Business School Supported

USECHAIN BENEFITS

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 UseChain Mirror Identity Blockchain Works?

Usechain is built on mirror identity protocol merged with high-level innovations in structure design and technology to eliminate the delays in the process of developing blockchain and bring a perfect balance between scale, security, and decentralization. Usechain, as an ecosystem is growing fast and will hold thousands of credit-based and identity-based applications in the future.

TOKEN AND ICO DETAILS

Token symbol: UST
Token sale date: 05/06/2018- 06/16/2018
Accepted payment method: BTC and ETH
Total token supply: 20000000000
ICO: 9000000000
Volume: 20,000,000,000 UST
Finite amount of UST created
No inflation
Maximum token amount for sale: 45%
Softcap: 1350 BTC
Hardcap: 4500 BTC
ACcepted currency: ETH(Ethereum), BTC(Bitcoin)

NOTE: The next round whitelist will reopen at 7AM UTC, June 20,next will be the kyc and crowdsale. Price will be 1BTC=1000000UST,lock until exchange at mid July,cap is 1-5ETH