Blockchain can be defined as a decentralized public digital ledger which is used to record transaction across so many computer devices so that no involved record can be altered retroactively, without altering subsequent blocks.
The Blockchain technology has eating deep into so many sectors/organizations by completely revolutionizing the way things are done, It was originally designed/created to bring forward a network of digital property free from centralized control that accurately kept track of ownership. The tech has made it possible to issue just about any asset via a distributed ledger framework. With the aid of cryptocurrency tokens, Aassets can be given economic value in order to initiate and validate several transaction processes. Several on-chain protocols have been developed by a number of startups and established companies alike in order to create blockchain-based solutions.
The Advantages of the blockchain technology are Enhanced security, Decentralized payment processing, Reduction of cost of transaction and Creating an immutable system of Record.
N.B: VOLUM HAS BEEN RATED HIGH AS ONE OF THE TOP ICO's IN THE YEAR 2019 BY TESTED AND TRUSTED ICO TRACKING WEBSITES
WHAT IS VOLUM?
VOLUM is a holding company formed by Bengala Technologies, LLC and International Spirit and Beverage Group (ISBG). Bengala is a blockchain software development company and ISBG (OTCQB:ISBG) is a top-tier incubator for early stage brands in the wines and spirits market. The VOLUM platform delivers a disruptive logistics and supply chain solution to a variety of industries, including but not limited to the $391 billion alcoholic beverages industry and the $1.4 trillion global advanced energy market. Built upon the Ethereum blockchain, the VOLUM platform utilizes its own native currency, VLM, a mined coin that employs smart contracts for the settlement of a wide variety of transaction types between ecosystem participants.
The Volum blockchain platform operates as the one central location for your business supply chain operation. Companies who use this platform will be able to carry out a wide range of blockchain transactions including: Payments Rewards Purchase Orders Legal Contracts Regulatory Compliance Taxation Shipment Management Letters of Origin Customs Documents Inputs/Outputs and Inventory Ordering Delivery/Parcel Tracking IoT Monitoring and Reporting Big Data Analytics Inputs and End-Product Tracking/Traceability.
The VOLUM platform which is known to be decentralized is not only robust but also a flexible supply chain management and commerce platform that supports a diverse ecosystem. All transactions on the platform are completed through the exchange of the Volum (VLM) tokens with self-executing smart contracts.The initial focus of the VOLUM platform is for the production, sales and distribution of alcoholic beverages and for the smart energy industries, the platform has capabilities for many other industries.
Furthermore, VOLUM is also a blockchain ecosystem for manufacturers, farmers/growers, public utilities, distributors, taxing authorities, governing agencies, brands, financial institutions, IoT and EoT data collection & storage, and many more. It Operates as a B2B platform in a manner which is similar to most Popular wholesale-to-retail online markets, VOLUM has a native crypto-currency on the platform with ticker VLM, which is required for access/use of the platform.
THE VOLUM MISSION
The mission is to deliver A data-driven technology and innovation through our numerous family of companies to improve business processes and Efficiency.
The end result of using the VOLUM platform is that companies will have the power to scale from local to global markets much faster, and they will have much greater control of their supply chains. This is good for everyone.
THE PROJECT ROADMAP
Q1 - 2019
Build VOLUM Platform MVP
Token generation event
Q2 - 2019
Close token generation event
Trial of the VOLUM platform before public release
Launch and onboarding of first companies to the VOLUM platform for pilot program
Airtab token implementation for Airtab App
Develop milestone program for investment in each portfolio company
Q3 - 2019
Start 2nd stage of development of the VOLUM platform
Implement remaining features and additional content to the platform
Onboard new companies and expand the use of the VOLUM platform
Q4 - 2019
Implementation of milestone program for the investments in portfolio companies
Business and financial licenses submission for ACME Financial
Blueprint development of blockchain architecture for ERS and GridPower Network
Smart contract development for ACME Financial
VOLUM platform marketing campaign to attract new businesses
Expansion of Airtab to European and Asian markets
Q1 - 2020
1 st stage of blockchain ecosystem development starts for ERS and GridPower Network
Prepare and package VOLUM platform for BETA release
Business setup and approval of the financial licenses and permits for the international financial entity in Puerto Rico
Q2 - 2020
2nd stage of development of blockchain ecosystem for portfolio companies
MVP trial of the blockchain ecosystem for portfolio companies
Full release of all features on the VOLUM platform 2.0
Revisions of VOLUM portfolio companies and assess progress of 2019 and their course
THE BUSINESS MODEL
VOLUM makes minority investments (30%-35% equity stake initially) in portfolio operating companies that it deems are poised to maximize efficiencies and competitive advantages by leveraging the VOLUM decentralized logistics and supply chain technology platform. Through the implementation of this strategy, the company assembles a portfolio of businesses with the potential to become market leaders in their respective industry spaces.
THE VOLUM REVENUE MODEL
VOLUM generates revenue from operating company dividends as well as from platform transaction revenue, paid in VLM currency, from the operating companies for their use of the VOLUM technology platform. The selection process of portfolio companies also takes into consideration potential vertical and horizontal integration opportunities with other portfolio companies to further expand competitive advantages and to accelerate transactions revenue growth on the VOLUM single token platform. The company expects to benefit from appreciation in the asset value of its portfolio companies over the holding period of these investments.
The VLM token will be the only utility token used on the platform by multiple portfolio operating companies for a vast spectrum of transactions.
The decentralized, single-token-platform must accommodate transaction types among diverse
groups of ecosystem participants, including but not limited to the following:
i. Payments,
ii. Rewards,
iii. Purchase Orders,
iv. Legal Contracts,
v. Regulatory Compliance,
vi. Taxation,
vii. Shipping,
viii. Letters of Origin,
ix. Custom Documents,
x. Inputs and Inventory Ordering,
xi. Delivery tracking,
xii. IoT Monitoring and Reporting,
xiii. Big Data Analytics,
xiv. Inputs and end-product tracking/traceability.
TOKEN INFORMATION
SOFT CAP - $1 MILLION worth of VLM tokens
HARD CAP - $74.6 MILLION worth of VLM tokens
THE TEAM
CLICK ON ANY OF THE LINK FOR ADDITIONAL INFORMATION ABOUT THE PROJECT
Website: https://volum.io/
Whitepaper: https://volum.io/assets/images/volum-whitepaper.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=5124478.0
Facebook: https://www.facebook.com/volumproject/
Twitter: https://twitter.com/IoVolum
Telegram: https://t.me/volumholdings
Discord: https://discord.gg/N5K9cFK
Instagram: https://www.instagram.com/volum.io/
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