UChain - review of the long-term project

bountyacaunt (32)in #bounty • 6 years ago

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Hello! As you know, I'm very interested in projects related to the blockbuster and I spend a lot of time surfing the net, forums, etc. In this large amount of information, I see a lot of absolutely useless and even fraudulent projects. After several months I decided to sort these projects and write about those that really cost my time. I hope my articles will be useful and interesting to you.

Today's theme is Uchain Ecosystem. If you do not know what it is, do not close this page, because I will change this fact in the next few minutes. First of all, I must say that I will include links EVERY moment, when it is possible, so you can test them and learn more about everything you want. I think that it will be much more convenient if all information will be collected in one place in an organized manner, and not scattered throughout the network. We will begin by understanding what UChain is.

UChain is specially built for the world economy exchange. Moreover, it is considered as a principal technology of the open blockchain. Along with other joint ventures of the economy, the organization is trying to create a decentralized common exchange economy, in which each client can trade with respect and openly disseminate without intermediaries.

In the division economy, organizations are average among customers and service providers. Thus, these organizations take a commission from private providers, which encourages the expansion of the costs of benefits. Information about the customer can also be spilled or stolen if the middle person's organizations offer information about the customer in cash or do not have a reliable security system to prevent their information from being hacked. This is a motivation for why Uchain was thinking about creating a flowchart in which data on the exchange between customers and suppliers and their identity is stored. The organization attempted to answer the questions raised above through the implementation of distributed data warehouses, peer-to-peer networks, Accenive Accentive and User Credit Passport. Uchain is an intriguing platform because it comes from an already set up U-bike organization that has over 300 workers in 5 countries. Thus, Uchain has the advantage, because now they have created organizations and work items.

The essence of the blockade is an autonomous common system. It can carry out a decentralized and completely autonomous system into which everyone can show interest, which coincides with the idea of a division economy. Co-consumption is a distributed business that would be able to, of course, be set in motion using a blockchain. The idea behind networked self-management would inspire people around the world to take advantage of the benefits used to promote UChain.

Team

So, two very important questions: who are the creators of the project? How much have they been tested? I conducted a full study, and here is the team of this project:

UChaіn is a global team with many years of experience, especially in the technology department. In September 2017, the head office was established in Canada, and then UChain was a recruiting developer, communications operator and team members who are engaged in this economy. We see that these guys give us all the information we need. They operate transparently and because of this gain the confidence of investors and users, such as us.

Conclusion. This platform is magnificent and has great potential. They are struggling with existing problems in the exchange economy, such as excessive transaction costs trust, and abuse of information through decentralized lock-up solutions, through a shared economy of sharing.