Review on UChain by Fabrizio Zampieri
UChain is a public infrastructure blockchain projected for the sharing economy…
UChain is a public infrastructure blockchain projected for the sharing economy. Through a peer-to-peer blockchain intelligent platform UChain team aims to solve the traditional problems of centralized systems (expensive transactions, no credit certainty and user data abuse in the sharing economy). Every shared economy can develop its own Dapp on the UChain network and issue its own Token.
UChain platform belong to UChain Foundation, a formal non-profit organization registered in the Cayman Islands.
UChain takes not only the differences between the customers into account, but also diversity among regions.
UChain’s product structure can be divided into four layers:
- core blockchain layer,
- API/SDK Layer,
- service layer,
- application layer.
UCN is the official token on UChain. However it is possible to create and trade different tokens on the platform. The value of all other tokens is derived from UCN.
UChain (UCN) is an ERC20 token based on the Ethereum blockchain. UChain has a current supply of 823 600 647 UCN with 305 346 957 UCN in circulation.
UCN is tradable on Bilaxy, Hotbit, IDAX, IDEX, EtherFlyer and Coineal exchanges.
Pros
- - UChain will provide digital wallet services for all participants in the UChain ecosystem. They can store UCN and any other URC-1 tokens in their wallets. - UChain will also integrate a decentralized exchange (DEX). - Strategic partnership with U B Group Holding (U-Bicycle, X-Bike, Localking, U-car, U-park, GrabCycle). - Website well designed and full of news and information about the project (however, it is necessary to check whether the project is already operational). - Whitepaper well defined and with extensive and precise descriptions of the project.
Cons
- - Pay attention: there are many bad reviews on UChain project around. - UChain is not a completed project yet. It is still in early stages (it is necessary to increase the participation of sharing service providers). - UChain ROI: -76,63% (the approximate return on investment if purchased at the time of launch).
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Comments (1)
October 29, 2020
I definitely do not recommend uchain platform, sir, I do not think it is reliable nor do not recommend investing because I do not find it very safe, obviously it would be a very risky move, frankly investing in it....
