Review of the Usechain project

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Official site

We live during advanced technologies and innovations and if earlier the word blockchain did not evoke understanding in most people, nowadays, rarely would anyone have heard of this concept. And as many projects as possible try to use this technology, but even in modern projects there are drawbacks. Usechain is a unique system. The goal of this platform is the identification of a blockchain. The date of appearance is in 2018. To date, the platform is gaining popularity.

This project is the development of the blockchain system. The authors of the program are innovators in the creation of such a platform. The task of the platform is to improve the technology of the blockchain view. The idea of the creators lies in several factors: increasing the productivity of the blockchain, improving the efficiency of transaction management, the introduction of new indicators of the identification system. In the future, developers plan to bring the platform to global markets.

Improved behavioral project data ensures the transparency and irreversibility of all processes in the network. Behavioral data, in turn, are generated by people and ongoing events. The Usechain project assumes that there are conditions for ensuring the use of security at a general level. The main task of such parameters is confidentiality between the mechanisms of the system operation in the form of an identifier and an anonymous blockchain of a public nature. This provides an infrastructure that supports decentralized applications. In addition to all of the foregoing, separation is provided between such tools of work as an identity card and an identification system.

In work, the Usechain project uses Cochain Mirror Identity Blockchain technology. Using this technology provides the following options:

  • Elimination of the delay in the implementation of the development processes of blockchain.
  • Balancing scale and decentralization.
  • Development of new applications.
  • Ensure transparent operations.

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Principle the project works:

The platform token has the abbreviation UST, is based on the protocol ERC20 Ethereum. The task of creating a token is the opportunity for participants to gain their own role in building a global community. UST tokens will be used as a reward for developers and supporters of the ecosystem community, along with ensuring its growth. The company plans to create its own decentralized exchange in the future. The acquisition of coins opens the possibility for the use of a special application Dapp, which allows to extend the functionality of managing the token. This application is actively tested by leading specialists of the manufacturer.

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The advantages of the project:

  • Infrastructure security and reliability. With the use of a multilevel matching mechanism, it will be possible to write information about addresses and users to blockchain. Other information will not be displayed. The use of this mechanism will complete the authentication process. User data and their security will not be affected. Provides maximum protection against hacker attacks.
  • An opportunity to attract representatives of any country.
  • Reduction of energy consumption. Achieved by reducing the hashed, which significantly reduces energy consumption and provides savings in computing resources. This will allow any user to join the ecosystem and carry out mining even with the help of a mobile phone.
  • Productivity is greatly improved.

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ICO Terms and Conditions:

Name of the tokens: UST
Standart: erc20
Total number of tokens released: 20 000 000 000 UST
Number of tokens for sale: 45 %
The price of the token: 1 June - 15 June: 1 BTC = 1 700 000 UST; 16 June - 30 June:
1 BTC = 1 400 000 UST
The token price at the end of June: 1 BTC = 1 000 000 UST
Crowdsale next round will be open: June 20
Soft Cap: 1 350 BTC
Hard Cap: 4 500 BTC

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The creator of the system is the company Usechain Foundation LTD. The company is located in Singapore. The staff consists of sixteen people. All of them have more than ten years of experience in the field of information technology, finance and marketing, almost all of them have degrees of doctors, professors and researchers.

Leading places are occupied by such figures:

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After analyzing Usechain, one can conclude that the project has prospects. In addition, the Internet has a lot of positive information from users who worked with the platform and shared their opinions about it. I believe that people's opinion is very important. As for the security of customer accounts, thanks to the embedded system, they are completely safe, and no hacker attacks pose any threat to them.

The article is unique here - 100%


More information can be found here:

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Aliaksei Fetsiukou
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