[ICO Review] Uchain - Blockchain Share, New Trends 2019
Uchain is the first public infrastructure blockchain specifically designed for a global shared economy. Along with other shared economic enterprises, Uchain aims to build its basic blockchain network to address current issues of trust and data abuse. By deploying APIs and SDKs provided by UChain, all business-to-business can distribute their own tokens and build their applications on UChain, which together make UChain a lifecycle. economics share global autonomy better.
Technological ideas
Realizing the potential for a shared economy expected to reach $ 520 billion by 2018, Uchain is developing a blockchain of infrastructure for a global shared economy. In a shared economy, companies are intermediaries between users and service providers. Therefore, these companies will receive commissions from private providers, leading to increased service costs. User data is also at risk of leaks or theft in cases where middlemen sell user data in cash or do not have a strong security system to prevent their data from being compromised.
Uchain has its own digital wallet. Furthermore, businesses can also build Dapps on Uchain platforms and release their own tokens. Uchain's consensus algorithm is the RPCA (Ripple Protocol Accord) algorithm used by ripples.
With RPCA, transactions that need to be verified will be collected into a 'candidate set' by a reliable node (A). There are many other reliable nodes who will verify A's candidate placed on the ballot in the letter of the alphabet. A will also vote to verify the candidate group of other reliable nodes.
The idea of a blockchain for a shared economy sounds interesting and creative. By using blockchain the data security issues can be solved easily. In addition, because the network will replace the business to become an intermediary between suppliers and customers, so the transaction costs can be reduced by two hundredths. Those goals can be achieved, however, it would be more ideal for the team to think of a blockchain infrastructure for the community rather than for specific businesses.
ICO Project Information:
Hard Cap: 42000 ETH
Token type: ERC20
Private Presale: 22000 ETH, strategic partners five hundredth bonus (half will be locked in half-dozen months)
8000 ETH, V-day bonus (bonus will be locked in three months)
Crowdsale (10/7): 12000 ETH, No bonus (1ETH = 5000UCN)
Purpose, project role
Solve what problems?
Confidence issue
Belief is essential for a shared economy. To make a transaction, consumers and suppliers of the market must gain a mutual trust beforehand. Traditional technology has not been able to solve the problem of trust between people through technical means. As a result, the platform, acting as intermediary, documents for both parties to facilitate the transaction. Double letter of the alphabet it collects deposits or collateral from both parties to reduce the risk of financial defaults, which has significantly increased barriers and costs to the shared economy.
What does the project overview do?
The nature of blockchain is an autonomous peer-to-peer network. It can obtain fake, alphabetic, and fully autonomous evidence that everyone can take a terrorist group that coincides with the nature of the shared economy. The shared economy is a peer-to-peer business that will be in much more advanced state with the application of blockchain. The idea behind community autonomy will inspire people around the world to take part in the terrorist group and benefit from the development of UChain. Benefits of terrorist group Users are the creation of the entire ecosystem. Service users may pay UCN for any interesting service provided on Uchain-based DApps or simply perform transactions on Uchain's P2P transaction platform. Independent service providers may obtain UCN or by contributing their resources or idle assets via DApps. Organizational benefits Organizational service providers can develop dedicated DApps with UCI infrastructure to provide services. They will be paid with the corresponding UCN amount by the automatic payment function performed in the smart contract, after the letter of the alphabet users use DApp together with the UCN provided by the ecosystem.
How to distribute the token?
Selling Token: Four-hundredth Ecosystem: thirty-fifth
Team: 15%
Company Reverse: Ten Project Development
Roadmap
Q1 2017: Study the Current Issue, Get the Blockchain Idea
Q2-Q4 2017: Team Creation, Draft Whitepaper
Q1 2018: take a look at the technology, deliver the official
Q2 2018 whitepaper: presale, crowdsale, token delivery
Q3 2018: Uchain completes development of purse, blockchain, ready testnet
Q4 2018: Launched
Q2-Q4 2018: Invited partners, many companies to "The economy shared two.0"
Q1 2019: User Credit passport launched, U-Bicycle App is applied, running on UChain 2019+: background P2P transaction platform will be launched. Update, grow to expand and reach companies wanting to use ecosystems.
The Uchain Expert Team has a large number of advisers.
Most of them are from different investment fund organizations like Red Bull, Ledger Capial, Dragon Bargainer, Badwater Capital, ZJ Capital. Among those advisors, dessert apple angular distance is the chief executive officer of Red Pulse, a research ecosystem that is encoded for China's economy and capital markets. Ray Valdes, CEO of ConsenSys (blockchain software engineering company) and Aaron Choi, now vice president of BTCC A large number of advisors from venture capitalists who are interested in Core group - Ian Yu (founder): senior software manager, technical director, product research director, general manager of the department Film business in Dianping - China's largest e-commerce platform - Grace Min (founder): CEO at U-Bycicle North America (a joint venture web-based company), Founder at SG International Travel LTD, CEO at Dozen fresh International commerce. SG International Travel LTD and Dozen fresh International commerce are joint ventures with Grace Min as one of the founders. - Chou dynasty (Technical Director): Senior engineer at Telenav (the leading provider of location-based car services), Technical Director at Dianping, Technical Director at eBay. , a technical partner at HiCTO, CTO at U-Bycicle. - mythical being Shanghai dialect (senior architects): IBM China senior engineer, two-time system architect at Dianping, co-founder and technical terrorist group HiCTO, co-founder of HiCTO HiCircle Technology Consulting - a technical consulting firm providing consulting services and training services related to Blockchain Enterprises. - Chris Tao (Strategic Director): Professional terrorist group, senior business strategist and Microsoft Business Intelligence Team Leader - Benny Liao (Product Manager): Former Alibaba automobile product manager Meizu (Chinese consumer electronics company), myogram (International B2B Media Agency), IPC (Consultancy Company) - Mandy Chan Director of Marketing at GlaxoSmithKline (a British pharmaceutical company), Microsoft's Global Marketing Director, CMO at U-Bicycle North America. - Raviv Litman (CEO): CEO at Dozen fresh International Commerce, CEO of U-Bicycle North America.
The team converges the members with the necessary skills including technology, marketing, product growth, operating a startup.
Uchain will help businesses easily develop their own Dapps based on the Uchain platform and more convenient for users to choose the letter of the alphabet they wish to purchase from a particular DAP of each business and then use it. Use UNC to pay. Origin Protocol aims to reach $ twenty-eight hundred, 500,000 however they have not disclosed any specific information about the token program. Uchain has a team with the skills needed to develop her project. In particular, the CTO and CSO are quite impressed with their experience.
Website: https://uchain.world/
Whitepaper: https://uchain.world/css/img/pdf/uchain-whitepaper-dbe5656d6c.pdf
Telegram: https://t.me/UchainEcosystem
Twitter: https://twitter.com/UChainEcosystem
Bounty: https://bitcointalk.org/index.php?topic=4587074.0
------------------------
Author:
My Username bitcointalk: huyng3008
My Url bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1543271
Technological ideas
Realizing the potential for a shared economy expected to reach $ 520 billion by 2018, Uchain is developing a blockchain of infrastructure for a global shared economy. In a shared economy, companies are intermediaries between users and service providers. Therefore, these companies will receive commissions from private providers, leading to increased service costs. User data is also at risk of leaks or theft in cases where middlemen sell user data in cash or do not have a strong security system to prevent their data from being compromised.
Uchain has its own digital wallet. Furthermore, businesses can also build Dapps on Uchain platforms and release their own tokens. Uchain's consensus algorithm is the RPCA (Ripple Protocol Accord) algorithm used by ripples.
With RPCA, transactions that need to be verified will be collected into a 'candidate set' by a reliable node (A). There are many other reliable nodes who will verify A's candidate placed on the ballot in the letter of the alphabet. A will also vote to verify the candidate group of other reliable nodes.
The idea of a blockchain for a shared economy sounds interesting and creative. By using blockchain the data security issues can be solved easily. In addition, because the network will replace the business to become an intermediary between suppliers and customers, so the transaction costs can be reduced by two hundredths. Those goals can be achieved, however, it would be more ideal for the team to think of a blockchain infrastructure for the community rather than for specific businesses.
ICO Project Information:
Hard Cap: 42000 ETH
Token type: ERC20
Private Presale: 22000 ETH, strategic partners five hundredth bonus (half will be locked in half-dozen months)
8000 ETH, V-day bonus (bonus will be locked in three months)
Crowdsale (10/7): 12000 ETH, No bonus (1ETH = 5000UCN)
Purpose, project role
Solve what problems?
Confidence issue
Belief is essential for a shared economy. To make a transaction, consumers and suppliers of the market must gain a mutual trust beforehand. Traditional technology has not been able to solve the problem of trust between people through technical means. As a result, the platform, acting as intermediary, documents for both parties to facilitate the transaction. Double letter of the alphabet it collects deposits or collateral from both parties to reduce the risk of financial defaults, which has significantly increased barriers and costs to the shared economy.
What does the project overview do?
The nature of blockchain is an autonomous peer-to-peer network. It can obtain fake, alphabetic, and fully autonomous evidence that everyone can take a terrorist group that coincides with the nature of the shared economy. The shared economy is a peer-to-peer business that will be in much more advanced state with the application of blockchain. The idea behind community autonomy will inspire people around the world to take part in the terrorist group and benefit from the development of UChain. Benefits of terrorist group Users are the creation of the entire ecosystem. Service users may pay UCN for any interesting service provided on Uchain-based DApps or simply perform transactions on Uchain's P2P transaction platform. Independent service providers may obtain UCN or by contributing their resources or idle assets via DApps. Organizational benefits Organizational service providers can develop dedicated DApps with UCI infrastructure to provide services. They will be paid with the corresponding UCN amount by the automatic payment function performed in the smart contract, after the letter of the alphabet users use DApp together with the UCN provided by the ecosystem.
How to distribute the token?
Selling Token: Four-hundredth Ecosystem: thirty-fifth
Team: 15%
Company Reverse: Ten Project Development
Roadmap
Q1 2017: Study the Current Issue, Get the Blockchain Idea
Q2-Q4 2017: Team Creation, Draft Whitepaper
Q1 2018: take a look at the technology, deliver the official
Q2 2018 whitepaper: presale, crowdsale, token delivery
Q3 2018: Uchain completes development of purse, blockchain, ready testnet
Q4 2018: Launched
Q2-Q4 2018: Invited partners, many companies to "The economy shared two.0"
Q1 2019: User Credit passport launched, U-Bicycle App is applied, running on UChain 2019+: background P2P transaction platform will be launched. Update, grow to expand and reach companies wanting to use ecosystems.
The Uchain Expert Team has a large number of advisers.
Most of them are from different investment fund organizations like Red Bull, Ledger Capial, Dragon Bargainer, Badwater Capital, ZJ Capital. Among those advisors, dessert apple angular distance is the chief executive officer of Red Pulse, a research ecosystem that is encoded for China's economy and capital markets. Ray Valdes, CEO of ConsenSys (blockchain software engineering company) and Aaron Choi, now vice president of BTCC A large number of advisors from venture capitalists who are interested in Core group - Ian Yu (founder): senior software manager, technical director, product research director, general manager of the department Film business in Dianping - China's largest e-commerce platform - Grace Min (founder): CEO at U-Bycicle North America (a joint venture web-based company), Founder at SG International Travel LTD, CEO at Dozen fresh International commerce. SG International Travel LTD and Dozen fresh International commerce are joint ventures with Grace Min as one of the founders. - Chou dynasty (Technical Director): Senior engineer at Telenav (the leading provider of location-based car services), Technical Director at Dianping, Technical Director at eBay. , a technical partner at HiCTO, CTO at U-Bycicle. - mythical being Shanghai dialect (senior architects): IBM China senior engineer, two-time system architect at Dianping, co-founder and technical terrorist group HiCTO, co-founder of HiCTO HiCircle Technology Consulting - a technical consulting firm providing consulting services and training services related to Blockchain Enterprises. - Chris Tao (Strategic Director): Professional terrorist group, senior business strategist and Microsoft Business Intelligence Team Leader - Benny Liao (Product Manager): Former Alibaba automobile product manager Meizu (Chinese consumer electronics company), myogram (International B2B Media Agency), IPC (Consultancy Company) - Mandy Chan Director of Marketing at GlaxoSmithKline (a British pharmaceutical company), Microsoft's Global Marketing Director, CMO at U-Bicycle North America. - Raviv Litman (CEO): CEO at Dozen fresh International Commerce, CEO of U-Bicycle North America.
The team converges the members with the necessary skills including technology, marketing, product growth, operating a startup.
Uchain will help businesses easily develop their own Dapps based on the Uchain platform and more convenient for users to choose the letter of the alphabet they wish to purchase from a particular DAP of each business and then use it. Use UNC to pay. Origin Protocol aims to reach $ twenty-eight hundred, 500,000 however they have not disclosed any specific information about the token program. Uchain has a team with the skills needed to develop her project. In particular, the CTO and CSO are quite impressed with their experience.
Website: https://uchain.world/
Whitepaper: https://uchain.world/css/img/pdf/uchain-whitepaper-dbe5656d6c.pdf
Telegram: https://t.me/UchainEcosystem
Twitter: https://twitter.com/UChainEcosystem
Bounty: https://bitcointalk.org/index.php?topic=4587074.0
------------------------
Author:
My Username bitcointalk: huyng3008
My Url bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1543271
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