ENDCHAIN - The Complete Logistical Solution For All Markets and Supply Chains
Dear followers, thanks for your followership, comments and feedbacks, i am here today to introduce to you an Amazing project, by the name EndChain, a decentralized platform utilising open protocols and utilities with the purpose of disrupting the logistics industry whilst connecting transportation companies, producers, forwarders, and other applicable events through transparent, simplified transactions. The project has been widely accepted by cryptocurrency community at large despite the bearish market.
Before we go further on today's topic, let's remind ourselves what Blockchain technology is and its advantage.
WHAT IS BLOCKCHAIN
According to wikipedia, Blockchain is originally known as bloc chain, It is a growing list of records known as blocks which is linked using cryptography, each of these blocks contain a cryptographic hash of the initial block, a transaction data and a time stamp.
Since its emergence in the year 2008, when Nakamoto satoshi discovered and introduced bitcoin, there has been serious efforts to integrate the blockchain technology into several aspects of various process of global business , The blockchain technology has been described as having the potential to disrupt many industries with immutability, low-cost transaction, and enhanced maximum security. So many other blockchain implementations have been deployed and developed with unique features designed to specific use-cases.
The blockchain technology has made possible to issue assets through a distributed ledger framework. With cryptocurrency tokens, Assets can be given economic value in order to validate and initiate transactional processes.
ADVANTAGES OF BLOCKCHAIN:
- Decentralised payment processing,
- Creating an immutable system of recording,
- Reducing Cost of Transaction and
- Enhanced Security.
Now that we have reminded ourselves of what blockchain technology is, let's look into the subject matter.
OVERVIEW OF ENDCHAIN
EndChain is a decentralized platform utilising open protocols and utilities with the purpose of disrupting the logistics industry whilst connecting transportation companies, producers, forwarders, and other applicable events through transparent, simplified transactions. The result of this will be a seamless trade of items in a tightly closed and traceable manner.
EndChain emphasizes on the entire logistics chain process. That is, from the manufacturer, to the business, to retailers up to the consumers. This will enable EndChain to grow to be a blockchain solution that is convenient to use and understand for all the gamers inside the grant chain.
By addressing the wishes of the logistics enterprise during the production process, EndChain will improve the general ride and facilitate the mass adoption of blockchain.
The Platform makes use of the QR code EndChain
It is remarkable, which consists of a standardized identification in QR code. This format makes it simple to utilize on the grounds that EndChain purchasers recognize how to test just the code discovered on the bundling. Different agencies that rely on out of date standardized identification innovation can filter the coordinated scanner tag. So the QR code EndChains makes an exceptional code to work with every variety of platform. Another favored standpoint is that a code can refresh each the blockchain and all inner heritage frameworks with a solitary sweep. The objective is to limit multifaceted nature and increment productivity.
The fees associated with these functions will be "burned down" to reduce the number of tokens. If the market value of EndChain remains unchanged, the price of individual tokens will increase.
THE AIM OF ENDCHAIN
EndChain aims to cover each sector of the supply chain, including the second hand market. The product will be affordable, allowing even every day goods to be tracked on the blockchain. Additional functions for communications among the supply chain & allowing to set up subchains, further enhances the relevance of the product for the supply chain.
The Problem
The current problem in the market is two folds:
Overall Logistics Problems
Existing Solutions Problems
This tracking is not always transparent within a corporation, let alone among different legal entities. Land transportation providers, carriers, governments, customs brokers, and freight forwarders all rely on outdated ways of keeping track of their goods. These antiquated systems use outdated methods such as physical paperwork and bonded couriers. By not being up to date on the latest technology, corporations suffer from delays and incomplete tracking information. Logistics can be brought into the 21st century by using blockchain to transmit orders, letters of credit and delivery receipts without the use of bonded couriers.
THE ENDCHAIN FEATURES
Aside from the overall function of the chain, it is important to discuss key features that will allow EndChain to become widely accepted. These features will be added to streamline existing processes, such as communication. There will also be the additional benefit of increasing security, privacy and clarity when compared to existing methods.
Privacy
Direct Communication
Physical Security
Smart Contract
Big Data
Simple to use
The EndChain QR code is unique in that it incorporates a barcode within the QR code. This design allows for simplified use as EndChain users will know to scan the only code found on the packaging. Other businesses which rely on legacy barcode technology will be able to scan the embedded barcode. Thus, EndChains QR code creates a singular code to work on any type of system. An additional benefit is that the single code can update both the blockchain and any internal legacy systems with a single scan. The goal of this is to reduce complexity while increasing efficiency.
Value creation
A blockchain company can only be as strong as its economy. EndChain is committed to both its corporate users and investors. To ensure that the needs of both are met, a deflationary self-regulating economy will be used. Corporations will be encouraged to buy and hold EndChain tokens in order to purchase QR codes, make smart contracts and access the data stream.
A percentage of the fees associated with these functions will be ‘burned’ to reduce the number of tokens in existence. Shall the market value of EndChain stay the same, the price of individual tokens will rise.
TOKEN ECONOMICS
A token needs a thriving marketplace to be successful. Tokens that are not being utilized serve no purpose to investors. Additionally, tokens that do not have a consistent steam of buyers creates unstable prices. This is why EndChain has focused on ensuring a lively market by engaging companies to purchase EndChain tokens. By using our tokens, companies can receive a discount on our qr codes, big data and smart contracts.
How does this help EndChain buyers?
With a large base of potential customers, EndChain can immediately get to work selling our product. 2-4% of the revenue generated from sales will be dedicated to burning EndChain tokens. This will help decrease the number of EndChain tokens in the long term; thus increasing the price. As most companies need to plan ahead and budget, they are likely to buy and hold an amount of EndChain tokens. This will create strong support for the EndChain market.
ADVANTAGES
Privacy
All information with respect to things on EndChain in recorded onto its blockchain.This empowers to clients to see the things history yet not have the capacity to change or erase any of the information and in doing as such lessen worker blunders while securing the protection of customers.
Direct Communication
EndChain features an encoded correspondence process that empowers all correspondence in the midst of the amassing and transportation process.The correspondence lines are secure,as simply the individuals will approach it
Physical Security
EndChain lessens robbery cases amid the inventory network process by denoting all stolen things inside the system.This empowers it to recognize and signal burglary rapidly amid the assembling and travel process.
Smart Contracts
The platform will execute smart contracts with the supply chain,which will guarantee straightforwardness and consistence by all gatherings engaged with a procedure while additionally guaranteeing the legitimacy of digitized coordinations reports.
Token Details
Token name : ENCN
Token Platform : Ethereum
Type : ERC20
Price ICO : 0.2400 USD
Accepting payment : BTC,ETH,BCH and LTC
Distributed Token ICO : 55%
Soft cap : 4000000 USD
Hard cap : 15000000 USD
Tokens sale : 74,567,312
ICO EndChain will have 5 rounds amid the predefined period. The round will be founded on the quantity of chips sold and will show live recreations to follow advance. To remunerate early clients of EndChain, the past round will have a greater reward. The following round will start when the past round is completely financed. The rounds and objectives for each gathering pledges action and reward are appeared in the table underneath.
To energize speculation amid the ICO procedure, the last advance will show 5 grants. Each prize will be a 40,000 EndChain token. This token is indistinguishable to alternate chips in the EndChain stage. The victors will be picked indiscriminately, with every speculator getting sections for every token obtained.
ICO Phase
The EndChain ICO will consist of 5 rounds over the prespecified time.
Round 1 (USD 1.5m) USD 0.16 (50% bonus)
Round 2 (USD 3.0m) USD 0.18 (35% bonus)
Round 3 (USD 3.5m) USD 0.20 (20% bonus)
Round 4 (USD 3.5m) USD 0.22 (10% bonus)
Round 5 (USD 3.5m) USD 0.24 (5 raffles; 40,000 tokens each)
ROADMAP AND DEVELOPMENT PLAN
THE AMAZING TEAM
NOTE: This article is just a guide to prospective clients, investors and every person scorching for a slice of this amazing project,
You can get more information about these project with huge potential by following the link below:
Website: https://www.endchain.io/
Whitepaper: https://www.endchain.io/assets/whitepaper/1539463780EndChain%20Russian%20Whitepaper%20Final%20Version.pdf
Bitcointalk Bounty: https://bitcointalk.org/index.php?topic=5056363.0
Github: https: // github .com / EndChain
Twitter: https://twitter.com/EndChainIO
Facebook: https://www.facebook.com/EndChainIO/
Reddit: https: // www. reddit.com/user/EndChain/
PUBLISHER
bayo88
BITCOINTALK PROFILE: https://bitcointalk.org/index.php?action=profile;u=2407711
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