UChain : Blockchain Network For Sharing Economy

UChain (Ticker: UCN) is the first public infrastructure blockchain specifically designed for the global sharing economy. Along with other sharing economy enterprises, UChain aims to build its underlying blockchain network to solve the current problems of trust and data abuse. Exercising API's and SDK's provided by UChain, 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.


About UChain
PEER TO PEER NETWORK

Decentralized peer to peer blockchain network with smart contract to cutoff intermediaries.

DISTRIBUTED DATA STORAGE

Encrypted data shredded and stored on different nodes to improve data security.

USER CREDIT PASSPORT

Cross application user credit passport with a proprietary credit rating algorithm to effectively record user behaviour.

TOKEN INCENTIVE

Tokenized ecosystem to increase participation and engagement of both users and enterprises.

UChain ICO Project Information:

Hard Cap: 42000 ETH
Token type: ERC20
Private Presale : 22000 ETH, strategic partners 50% bonus (half will be locked in 6 months)
Presale ( 20/6 - 23/6 ): ETH 8000, a 15% bonus (bonus will be locked for 3 months)
Crowdsale (10/7): 12000 ETH, No bonus (1ETH= 5000UCN)

UChain Token allocation - 40%: Token sale
- 35%: Ecosystem
- 15%: Team
- 10%: Company Reserve

UChain Projects Partners

a. Organizational partners - Alipay: a third-party mobile and online payment platform in Hangzhou, China
- Grab
- China Unicom: a Chinese state-owned telecommunications operator
- Dianping
- WBO: The World Blockchain Organization
- Translink: Metro Vancouver’s transportation network

b. Institutional partners
Uchain’s institutional partners include Ledger Capital, Badwater Capital, Chuxin, Black Hole, Max Capital, V-Capital, Empower Investment, Zhonglu Capital, Light-up Capital, alacrity foundation

UChain Roadmap for project development
  • Q1 2017: study the current problem, give the blockchain idea
  • Q2- Q4 2017: Team formation, draft whitepaper
  • Q1 2018: Technical test, the official whitepaper
  • Q2 2018: presale, crowdsale, token distribution
  • Q3 2018: Uchain complete development wallet, blockchain, testnet ready
  • Q4 2018: Mainnet available, Enterprise Open Platform released
  • Q2- Q4 2018: Invite partners, many companies to "2.0-based economy"
  • Q1 2019: User Credit passport launched, U-Bicycle App is applied, running on UChain
  • 2019+:  P2P trading platform will be launched. Update, grow to expand and reach companies wanting to use ecosystems.

UChain Official channels

Website: https://uchain.world/
Telegram: https://t.me/UchainEcosystem
Medium: https://medium.com/@uchain
Twitter: https://twitter.com/UChainEcosystem
Reddit: https://www.reddit.com/r/UChain/
UChain : Blockchain Network For Sharing Economy UChain : Blockchain Network For Sharing Economy Reviewed by Mukesh Mali on July 02, 2018 Rating: 5
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