In order to correct the current situation today in supply chain and logistic is possible due to the technology of Blockchain. Thanks to this technology, ordinary consumers can track goods from the store to the factory, which in turn provides them with a guaranteed purchase of original products. At the same time, the number of counterfeit products decreases, due to which many companies can reduce the cost of their products, Naturally, such solutions already exist on the market. However, they all have certain disadvantages. The most important of these is the lack of a simple and understandable interface that allows the consumer to check the process of delivery of goods with little effort. Second, but no less significant, is the lack of a global platform for tracking all types of goods, since most of the Blockchain solutions that exist today are focused on high-value products and jewelry. The third disadvantage is the lack of responsibility, which is manifested in the desire of each company to shift responsibility to another participant in the supply chain in damage or poor quality of the goods
How it works
In order to ensure accountability, each of the participants in the supply chain credits a certain amount to the smart contract account. In case of successful performance of his work, the participant receives it back, and in case of theft of the goods or its damage, this amount is written off
It is important to note that within the framework of this project it will also be possible to use a number of additional options. Thus, for a fee, product manufacturers will be able to receive information about the best-selling products from the cashiers of stores, thereby optimizing the sales process. They will also be able to use the services of building the most optimal routes for transporting goods in order to increase delivery speed and minimize costs.
To pay for goods, services, as well as various optimization tools within EndChain, ENCN tokens will be used, which will be destroyed in the amount of 2 to 4 percent of the platform amount received a month. This will not only save the value of these coins, but also increase it
ICO dates and details
Public sale will be held in 5 stages in the period from December 1 of this year to January 15, 2019. During the fifth stage, 5 random winners will be selected, who will receive an additional 40 thousand tokens. A total of 74.5 million coins will be sold. The cost of the 1st ENCN will be 0.16, 0.18, 0.20, and $ 0.24 during the 1st, 2nd, 3rd, 4th and 5th rounds, respectively. Softcap project - 4 million dollars, hardcap - 15 million dollars
The Conclusion
EndChain platform can be the first global logistics solution for all types of goods, ranging from the cheapest to the most expensive. Moreover, it will solve a number of problems in the chain of transportation of goods, as well as increase the level of trust in products, excluding the possibility of the appearance of counterfeit products on the market. Based on this, we can say that EndChain is a project that is worthy of the attention of investo
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Website: https://www.endchain.io/
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Whitepaper: https://www.endchain.io/assets/whitepaper/1543145606EndChain+English+Whitepaper+Final+Version+11252018.pdf
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