INTRODUCTION
Having heard many lamentations of people who are victims of cyber threats and scams, our eyes are opened to see that the cyber world that we look up to for the protection of our personal information is not safe after all. So it means that with time, all our information that still looks safe as of this moment, can be the next target of hackers and we will be left with nothing. A lot of times we do online shopping, we trade cryptocurrency and perform many other activities that need 100% security, but unfortunately our steps as we go about this transactions can be traced by hackers and we fall victims of their illicit plots. On a quest to secure our transactions and other private activities on the cyber space, USECHAIN is proposed, to stand as an impenetrable wall against cyber threats and hackers activity.
PROJECT REVIEW
This project is designed to put an end to problems of security that users face during all the transactions done on the net. It uses the merit of the blockchain tech to provide a lasting solution to security defects in our cyber world. With the use of an intelligent mirror tech, usechain seeks to achieve the goal of making its network very reliable and trustworthy for users to utilize. However, using a very specialized Randomized Proof of Work (RPOW) feature, it aims to boost the security of the platform and enhance its operations. Furthermore, in order to fully maximize the use of this platform, it allows users' personal information to be fully merged with the wallet system provided by the internet, so as to allow a large scale operation of all transactions carried out in it. More so it plans to cut the cost involved in using distributed applications for online transactions by creating a DAPP that is very easy to use and with an ability to mitigate the chances of being attacked by hackers. This DApp will serve as a medium which will bring the real world together with the digital world to bring about unison.
THE SOLUTION OFFERED BY USECHAIN
This system will provide protection to users' confidential data by its mirror identification network which will also prevent the attack by malware during the users authorization process in the system. More so, this project will help users to achieve the privacy they need and also save their financial resources. In addition, users will experience a very fast identification process for their applications.
Usechain's core ideology is adding value to identity and to revamp the existing blockchain infrastructures by putting up a new commercial model of blockchain based on MIP. In future, Usechain will support DAPPs. Usechain ecosystem will also provide a decentralized exchange which will fast track flow of values seamlessly. It will impress you to know that, Usechain is the World's first mirror identity blockchain ecosystem and the team is up to the task to build and improve the infrastructure in order to be easily adopted mainstream by top businesses, organizations ,schools to mention but a few. In order to raise the standard and mainstream adoption of solutions proffered by usechain, Usechain will corporate with top application platforms. Usechain will achieve its goal of security by implementing IVM (Identity Virtual Machine), RPOW consensus mechanism, online fault tolerance, multi-level authentication, Network sharding technology, and light note client.
TOKEN INFORMATION
The UST token is the official token of the ecosystem. At the moment, it's built on ethereum blockchain (ERC20 token), but in future it will be replaced by UST coin when mainnet must have been launched. It has very significant roles in the ecosystem. UST tokens will be utilized for purposes like giving rewards to community developers and supporters, and in future will be integrated for utilization in finance sector for making payments.
Name : Usechain
Symbol : UST
The total token issued - 20 000 000 000 UST.
PREVIEW OF USECHAIN VERIFICATION SYSTEM
MEET THE SUPERB TEAM BEHIND THIS PROJECT
REMARKABLE PARTNERS AND INVESTORS
CONCLUSION
In Usechain ecosystem, all the transactions done, users identity and security, etc will be brought together to achieve its main purpose. Therefore, all business transactions whether private or public as well as user's information will be untouchable by third parties.
VISIT THE LINKS BELOW FOR MORE INFORMATION ABOUT USECHAIN:
Website: https://www.usechain.net
Whitepaper: https://www.usechain.net/usechain_en.pdf
Medium : https://medium.com/@usechain/
Twitter: https://twitter.com/usechain
Facebook: https://www.facebook.com/UsechainFoundation/
Telegram: https://t.me/usechaingroup
LinkedIn : https://www.linkedin.com/company/usechain
Reddit : https://www.reddit.com/user/Usechain
Github: https://github.com/usechain
Writer's telegram username: @engrdeo
Writer's bitcointalk profile : https://bitcointalk.org/index.php?action=profile;u=1390292