Review on UChain by David Olayide

Name: UChain
Item: UChain
Rating: 3

April 24, 2021

UChain

When you hear of the term, sharing economy, what exactly comes to your mind? Well to make matters simple, a sharing economy is described as a system which makes it possible, for assets as well as services to be shared among individuals on the internet for money.  

Now, this is where the project we are talking about called UChain, comes up. UChain is referred to as the first public infrastructure blockchain that was specifically designed for the global sharing economy. It might surprise you to find out that the sharing industry is a multi billion dollar industry with a lot of reach in the digital world we live in today. 
Truth be told, the Blockchain now appears to be one of the most fundamental structures sever created providing the foundation for hundreds of real life application. UChain itself makes very good use of this technology to deliver very good services. What UcHain does in essence, is that it makes use of the blockchain technology to improve the sharing economy and provide Solutions to some of the problems that face the sharing economy today. 

We have problems such as excessive fees, as well as other unneeded roadblocks. Decentralization and the P2P nature of the blockchain can only benefit the sharing economy. Personally I will say that UChain is very innovative and I can only expect more from the project.

﻿

Pros