CryptoCurrency : UChain is basically a platform that facilitates the development of dApps that utilize a sharing based economy and considered as the first public infrastructure blockchain.
https://pbs.twimg.com/media/De_6V97XkAAwltO.jpg
UChain is basically a platform that facilitates the development of dApps that utilize a sharing based economy and considered as the first public infrastructure blockchain. UChain aims to build its underlying blockchain network to solve the current problems of trust and data abuse.The company has been working on the solution for the problems stated above through the execution of Peer to Peer Network, Distributed Data Storage, User Credit Passport, and Token Incentive.Through the execution of API’s and SDK’s, all sharing economy enterprises are able to issue their own token and build their application on top of the UChain network, together making UChain a better global autonomous sharing economy ecosystem. By making a decentralized autonomous ecosystem, all users and merchants will be empowered. UCN tokens will be used as the base currency within the ecosystem, which will also support the development of URC-1 standard tokens that enable subsidiary sharing economies.
UChain will join the ranks under the umbrella of U-Bicycle, the world’s leading Internet company specialising in shared travel. Parent company to many leading eastern brands such as U-Car, U-Park, Grab-cycle, X-Bike, etc. and the tech will be implemented into existing U-Bicycle entities immediately.
UChain will also act as a foundation with the name U.C.Foundation which will be a similar business model to the NEO investment fund and Bitcoin fund, working on standardizing, promoting and protecting.
Website: https://uchain.world/
Whitepaper: https://uchain.world/css/img/pdf/uchain-whitepaper-dbe5656d6c.pdf
Non-tech whitepaper: https://uchain.world/css/img/pdf/onepager-a7836e0f88.pdf
Cryptocurrency
The official source for CryptoCurrency News, Discussion & Analysis.
Author: riqelme
Score: 0
Don’t forget to share the post if you love it !
