EndChain is a decentralized platform utilizing open protocols and utilities with the aim of disrupting the logistics industry while connecting transportation companies, producers, forwarders, and other relevant parties through transparent, simplified transactions. The result of this will be a seamless exchange of goods in a secure 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 become a blockchain solution that is easy to use and understand for all the players within the supply chain.
By addressing the needs of the logistics industry during the production process, EndChain will improve the overall experience and facilitate the mass adoption of blockchain.
How EndChain Blockchain Logistical Supply Chain Solution Works
EndChain will integrate all the products on its supply chain with patent pending barcode and QR combination in order to make it easy for businesses and users to use the chain. Additionally, this combination will reduce confusion among logistics providers and enable EndChain to easily integrate existing systems.
The major challenges facing manufactures today is supply chain mismanagement and counterfeits. EndChain provides a solution to this problem by tracking all products from the point of inception to their final destination. To make the tracking possible, each product is scanned at the point of manufacture and assigned an individual chain identifier.
Furthermore, EndChain will eliminate theft and ensure responsibility through the transportation code, which is scanned and sent to distribution and transportation centers. This monitors the movement of the items through the distribution process until their final destination.
Objective of the project
- Among the main goals of the developers of this project should be highlighted
- speeding up the communication process between all participants in the supply chain
- ensuring the most comfortable use of Blockchain technology in logistics
- increasing the efficiency and transparency of the delivery of goods
- Providing the ability to track goods on any part of the supply chain
Principle of operation
The implementation of all of the above will be carried out by using a unique QR code for EndChain, which is combined with a bar code. This technology allows us to provide simplicity and efficiency for all network participants, which include,
- large corporations
- the shops
- buyers
By scanning this code with the help of a special application, each network participant can obtain information about the manufacturer, as well as about the persons who were engaged in the delivery of a product, even if it was sold by the first owner in the secondary market
Through the use of Blockchain technology, the information entered by the manufacturer and each participant in the supply chain will be protected from the possibility of making changes. In addition, the system will implement a specialized network for communication between manufacturers and transport companies, thanks to which it will be possible in time to receive data on problems with a particular product and in time to connect with the responsible person in specific place
That is, the buyer sees reliable and verified data in a distributed register and thus EndChain will be able to help organize a clearer delivery system, ensure its full transparency, and preserve large amounts of information. Finally, this will eliminate all the paperwork and the producers themselves will also monitor the entire supply process, eliminate the human factor in errors.
In general, such a platform will have a very positive impact on the entire trade industry, helping to reduce funds for the fight against counterfeit goods, to show the buyer that the product is actually made of high quality raw materials.It's not the first day I've been watching projects that offer the introduction of logistics solutions on the blockchain and are mostly narrow-profile, for example, only the transportation industry with the help of ships, tracking cars. EndChain also offers a universal and simpler solution for the entire range, where there will be no need for companies to manually drive all the information about the product, and it is enough only to scan it.
To implement their idea, the team will start the pre-sale of tokens tomorrow with a bonus of 50% and will last until January 15, 2019. The main sale starts on February 1, 2019. Thanks to the smart contracts used in the EndChain, now each point of delivery of the goods will not be able to escape responsibility in case of loss, damage, it will allow to solve such problems quickly.
In my opinion, EndChain offers an optimal solution to the problems that are present in the current logistics system, to increase its efficiency, to remove the production of counterfeit goods, to pay for the services of suppliers from all over the world with the help of digital tokens, to maintain complete confidentiality, to eliminate intermediaries in the form of banking and electronic payment systems.
EndChain ENCN Token ICO Details:
To be successful, the token needs a more prosperous market. Tokens that are not used will have no purpose for investors. In addition, all tokens that do not have a constant number of buyers generate volatile prices. As a result, EndChain focused on providing a vibrant marketplace and attracting companies to purchase EndChain tokens. With our tokens, companies can get a discount on our qr, big data codes and smart contracts.
If the EndChain market is deleted, more tokens will be required to pay for each order. If more tokens are used, more will be recorded; which increases the price until equilibrium is reached. As a result, it is safer to keep EndChain for a long time because there are safeguards against price cuts. In this way, the EndChain will have an adjustment system that offers stable economy.
With a large database of leads, EndChain can start immediately with our product. 2-4% of revenue is earmarked for EndChain tokens. This will help reduce the number of endchain tokens in the long run; which increases the price. Since most businesses need to plan ahead and have a budget, you’ll probably buy and maintain the number of EndChain tokens. This will provide strong support to the EndChain market.
Token: ENCN
Price: 1 ENCN = 0.24 USD
Bonus: Available
Bounty: Available
MVP / Prototype: Available
Platform: Ethereum
Accepting: BTC, ETH, BCH, LTC
Soft cap : 4000000 USD
Hard cap : 15000000 USD
For more information :
Website: https://www.endchain.io
Whitepaper: https://www.endchain.io/#language
Ann Thread: https://bitcointalk.org/index.php?topic=5055264
Facebook: https://www.facebook.com/EndChainIO
Github: https://github.com/EndChain
Twitter: https://twitter.com/EndChainIO
Telegram: https://t.me/joinchat/J19jRxLbcyhWw25SXGtlcA
Reddit: https://www.reddit.com/user/EndChain
Author : sirop
Wallet : 0x4aBD5F53FFAaFBd22705be185B9760CCE2ca9170