My Blog About Blockchain: Endchain - Complete logistics solution for all markets

Hello, I will talk about the Endchain project, which is very interesting for cryptocurrency. You must absolutely read and understand the articles I have created for you. The discussion is as follows:

There is no doubt that the most solid case of Blockchain will be used for logistics and transportation. This is due to the generally accepted views on the blockchain; which allows you to monitor transactions that are safe and transparent. Logistics is essentially a series of transactions that connect a commodity product to consumers. Therefore, the characteristics of the blockchain have the power to revolutionize the modern supply chain.

The impact of this technology can not be underestimated because it can change the logistics and transportation management sector, which generates around 13% of global GDP. With help from Blockchain, border communication and border management can be improved, which can generate an additional trillion dollars in global trade, according to the World Economic Forum.

How do you configure it?

EndChain aims to cover all sectors of the supply chain, including the second-hand market. Our products will be affordable, even everyday items can be tracked on the blockchain. Functionality for communication between the supply chain and the sub-meter, further increasing the product's relevance to the supply chain.

CHARACTERISTICS

In addition to the overall function of the chain, it is important to discuss the main features that allow EndChain to be widely accepted. This feature will be added to streamline existing processes, such as communication. Increasing security, privacy and clarity will also bring additional benefits over existing methods.

Staff

Validated data encrypted in the blockchain will secure the system. Channels can be changed, companies can determine which data can be entered. Since EndChain patents are a delayed barcode / QR feature, our channels can be configured to provide read-only QR read access to all details before reselling items. Those who want to have permission to write on the blockchain will be required to use our program. This allows users to view the item's history without being able to edit or add them. By having the factors specified in this program, employee errors will be reduced and privacy will be protected.

The substrings can be fabricated on EndChain during manufacture and transport. This subculture will allow the company to track the product in-house once milestones are completed and quality assurance is required. Because this subnet may contain sensitive information, companies can configure subchannels to be private. Private substrings allow companies to combine internal strings without the risk of losing sensitive data.

Direct communication

Keeping the theme of the all-in-one solution, this program will display encrypted communication channels. This will facilitate communication between manufacturing and transportation processes. Instead of looking for the location of the current item, the company, and the correct contact, use a simple string to indicate exactly where related items and discussions can be opened to connect to individual rights.

The manufacturer will be able to see immediately if there are items being transported
having problems and can communicate quickly with the right person. The direct communication channel is also personal, with only two parties having access to the message.

Physical security

Theft is an epidemic worldwide. In the United States alone, cargo theft can exceed $ 30 billion a year. Endchain can be used to reduce theft and inform consumers when an item has been stolen from the supply chain. If the merchandise is stolen before being sold to consumers, it can be marked as stolen in the system. This will allow any potential flight during manufacture or transit to be immediately seized and marked. I will also allow consumers to scan an item and see it immediately stolen at a point in the supply chain. At this point, consumers can then contact the authorities to report the theft of goods.

ICO DETAILS

ICO ENDCHAIN BEGINS ON DECEMBER 1, 2018 AND MOVES UNTIL

JANUARY 15, 2019

If the sale of the token is fully funded and reaches the maximum number of tokens to sell, ICO will stop and work according to the project will start immediately. The main goal of ICO is to establish EndChain as a unique solution to logistical issues throughout the supply chain. The sale of chips will continue until all chips have been sold or the deadline has been reached. There will be a minimum funding limit of $ 4 million and a difficulty of $ 15 million.

ICO STRUCTURE

ICO EndChain will have 5 rounds during the specified period. The round will be based on the number of chips sold and will display live games to track progress. To reward early users of EndChain, the previous round will have a bigger bonus. The next round will begin when the previous round is fully funded. The rounds and goals for each fundraising activity and bonus are shown in the table below.

To encourage investment during the ICO process, the last step will display 5 awards. Each prize will be a 40,000 EndChain token. This token is identical to the other chips in the EndChain platform. The winners will be chosen at random, with each investor receiving entries for each token purchased.

DISTRIBUTION OF TOKEN

The majority of the chips will be distributed through ICO to decentralize controls and raise enough capital to cover the cost of encouraging EndChain during the supply chain process. The remaining chips will be divided into four categories: Future Development, Team, Leadership and Consultants. The future of development takes into account all possible aspects of business. This includes, but is not limited to: bug bonuses, tokens for businesses to increase participation and development costs in the future.

Leadership and consulting tokens encourage teamwork and ensure that all employees are invested in the well-being of the company. The coin will be locked in a smart contract for a year, with a quarterly distribution. Tokens for team members will be shared between teams based on the position and the quality of their work.

USE OF FUNDS

Product development will concentrate most of the funds. As a technology company, we will focus on reducing other costs so that our main products work quickly and work perfectly. The second use of our funds will focus on marketing and sales, and on acquiring users throughout the supply chain to use our products. Using larger tokens will generate larger tokens and data requests, which will increase the consumption and price of ENCN tokens.

Development. Most resources will be devoted to the ongoing development of EndChain. The goal is to first obtain a viable product to start getting customers. Next, EndChain will refine the product by listening to customer experiences. The development includes: API development, channel infrastructure development and user friendly interface.
Marketing. The primary goal of marketing is to encourage the use and adoption of EndChain tokens by manufacturers and carriers. Some marketing materials will also be provided to end consumers to learn how to use the channel.
General and administrative. Support the development and marketing team by allowing them to focus on the main task of product creation and adoption. This balance will also cover overhead and other expenses.
The law Insure white papers, blockchains and tokens in accordance with laws and regulations.
Security and compliance. To continue to develop, test and verify the security of the blockchain and each access point.