And every product come to your doorstep through supply chains and there are also so many drawbacks in the traditional supply chain i.e. Most of the supply chain tracking still occurring on paperwork which can easily modify, it can tend to delays and incomplete tracking information, lack of responsibility which can lead to lost of packets which is a direct loss for the manufacturer and, a product is genuine or fake can be easily marked out if you have the tracking details of that product from manufacture. But how can you have the tracking details? it is next to impossible with the traditional supply chain.
Throughout this article, I'm not threatening you. Relax I'm here to tell you there is a solution of all these problems over blockchain technology. So introducing "EndChain" A Blockchain Solution For All Markets And Supply Chains and EndChain has a rating of 4.5 at icobench. Hence I take it serious to tell you about EndChain so stick with this article for more valuable informations.
How EndChain's Supply Chain Better Than Traditional Supply Chain?
EndChain is so economical for its users because it is so cheaper than NFC cheaps and this is mostly designed with a focus to reduce losses throughout the transportation of goods from manufacturers to suppliers, End chain also giving attention to secondhand market's supply chain, EndChain providing subchain through which a consumer can track his everyday goods and product, EndChain's 'QR' code is unique which is combine of barcode and 'QR' code this help to simplify its use with every kind of scanner machine. That means a user can scan the 'QR' code mobile and the barcode can be scan with the vender's barcode scanner as well.
EndChain not only take care of its users but also its investors and trying to meet the need of both users and investors. EndChain developing a deflationary self-regulating economy where users need to buy and hold EndChain tokens to purchase QR codes and to avail to other benefits of EndChain, In the end, the all the fee associated with all functions will be burned to reduce the total supply of EndChain token hence the price will spike up for investors.
EndChain Token Economy
EndChain will sell 55% tokens in ICO and As EndChain is in its ICO stage you can take part in the token distribution as an investor, EndChain will sell 55% tokens in ICO and As EndChain is its ICO stage you can take part in the token distribution as an investor, 22% of the token is dedicated to future development,10% of token for team members, 5% for leaders, 5% for advisers and, 5% for bounty and airdrops.As EndChain's motto is transparency so EndChain also mentions the details for where all the fund will be used after ICO end. So according to EndChain 60% of funds will be used in developments, 25% for marketing and sales,5% for General And Administrative Expense (G&A), 5% for legal compliance and regulations and, 5% for Security and Compliance. For details information, I suggest you read the Whitepaper and visit to the website.
Conclusion
As this project is focusing on developing cheap tracking system so it can grab the attention of both manufacturers and suppliers and we consumers also can demand our suppliers to adopt this technology and, the token burn effect can help to all investors to get a high return of investment.Website
AnnThread
Whitepaper
Github
Twitter
Facebook
Telegram
Reddit
Youtube
BITCOINTALK USER NAME: Jiten12344321
BItcointalk profile link:https://bitcointalk.org/index.php?action=profile;u=1441342
Risk warning: All the information above are not financial advice and neither legal nor illegal advice all are my opinion and this article is of your knowledge Before. investment do your own research because nobody will responsible for your profit or loss