Endchain

Revamping the flow of Goods from the Producer to the Consumer through Endchain

Managing today’s supply chains, all the links to making and distributing goods, is very complicated. Depending on the merchandise, the supply chain can span over hundreds of stages, multiple geographical (international) locations, a multitude of invoices and payments have several individuals and entities involved, and extend over months of time. Due to the complexness and lack of transparency of our current supply chains, there is interest in how blockchains might transform the supply chain and logistics industry.

What is blockchain and the way may it facilitate supply chains?

While the foremost distinguished use of blockchain is within the cryptocurrency, Bitcoin, the reality is that blockchain, essentially a distributed, digital ledger—has many applications and can be used for any exchange, agreements/contracts, tracking and, of course, payment. Since each dealing is recorded on a block and across multiple copies of the ledger that are distributed over several nodes (computers), it is highly transparent. It’s conjointly extremely secure since each block links to the one before it and when it. There is not one central authority over the blockchain, and it’s extremely efficient and scalable. Ultimately, blockchain will increase the potency and transparency of provide chains and completely impact everything from repositing to delivery to payment. Chain of command is important for several things, and blockchain has the chain of command built in.

The terribly things that are necessary for dependableness and integrity during a supply chain are provided by blockchain. Blockchain provides consensus—there isn't any dispute within the chain concerning transactions as a result of all entities on the chain have identical version of the ledger. Everyone on the blockchain will see the chain of possession for an asset on the blockchain. Records on the blockchain can't be erased that is very important for a clear supply chain.

WHAT IS THIS ENDCHAIN?

It's novel, which includes a scanner tag in QR code. This arrangement makes it simple to use in light of the fact that EndChain customers perceive how to look at just the code arranged on the packaging. So the QR code EndChains produces a phenomenal code to work with each kind of system. Another advantage is that code may redesign both the blockchain and all inward inheritance frameworks utilizing a solitary sweep. The goal is to diminish multifaceted nature and improve capability. A business must be as healthy as its market. EndChain is appearing to its corporate clients and financial specialists. The business will urge them to purchase and hold EndChain tokens to obtain QR codes, sign contracts, and get the information stream.

With a tremendous database of prospects, EndChain can begin rapidly with our stock. 2– 4percent of income is taken into consideration the record of EndChain tokens. This will reduce the proportion of Endchain tokens in the whole deal; which raises the expense. Since most organizations should design and have a financial plan, you will undoubtedly purchase and hold the measure of EndChain tokens. This will give healthy help to the EndChain commercial center.

HOW EndChain WORKS?

The platform uses the QR code EndChain. It is distinctive in this it includes a barcode within the QR code. This style makes it straightforward to use as a result of EndChain users can acumen to scan solely the code found on the package. Other firms that place confidence in superannuated barcode technology are able to scan the embedded barcode. Thus, EndChains QR code creates a special code for operating with any style of system. An additional advantage is that one code will update each a blockchain and any internal bequest systems employing a single scan. The purpose of this is often to scale back complexness and increase potency.

A compact company will solely be as robust as its economy. EndChain is committed to each its company users and investors. To ensure that the wants of each are met, a deflationary self-regulating economy will be used. Corporations are inspired to shop for and hold EndChain tokens for the acquisition of QR codes, the conclusion of contracts and access to the data stream.

The percentage of fees associated with these features will be “burned” to reduce the number of tokens. If EndChain’s value remains unchanged, the price of individual tokens will increase.

To succeed, a token needs a thriving market. Tokens that aren't used haven't any purpose for investors. In addition, tokens that do not have a constant number of buyers create unstable prices. That is why EndChain targeted on providing an energetic market, attracting companies to buy EndChain tokens. Using our tokens, companies can receive a discount on our qr codes, big data and smart contracts. If the marketplace for EndChain is down, more tokens will be required to pay for each order. When additional tokens ar used, more will be burned; thus increasing the price until it reaches equilibrium. As a result, it is safer to keep EndChain for a long time, because there are measures to protect against price reduction. Thus, EndChain can have a self-adjusting system that has stable savings.

Practical applications of blockchain technology in supply chains today

Diamond Company De Beers utilizes blockchain technology to track stones from the point they are blasting straight up to the point that they are sold to customers. This guarantees the company maintains a strategic distance from 'blood diamond' and guarantees the customers that they are purchasing the real thing.

In the food industries, it's basic to have strong records to trace every product to its source. In this way, Walmart utilizes blockchain to monitor its pork it sources from China and the blockchain records where each bit of meat originated from, prepared, stored and its sell by-date. Unilever, Nestle, Tyson and Dole additionally use blockchain for likewise purposes.

BHP Billiton, the world's biggest mining firm, declared it will utilize blockchain to better track and record data all through the mining process with its sellers. Not exclusively will it enhance efficiency inside, however it enables the company to have increasingly powerful communication with its partners.

Token Details

Token: ENCN

Token Sale Date: December 1st, 2018 – January 15th, 2019

Token Price: USD 0.16 – USD 0.24

Soft Cap: USD 4 Million Or 23,219,944 ENCN

Hard Cap: USD 15 Million Or 74,567,312 ENCN

Conclusion

Blockchain has introduced its potential to bring out positive changes in several industries and businesses until date together with the supply chain industry. In fact, the supply chain management is one in all the foremost obvious and helpful applications of Blockchain technology; therefore, we will expect it to grow at an awfully quick pace in the near future. The source of successful operation of an Endchain platform is to keep a robust, transparent and end-to-end communication.

For more information about the Endchain project:

Website: https://www.endchain.io/

Telegram: https://t.me/joinchat/J19jRxLbcyhWw25SXGtlcA

Twitter: https://twitter.com/EndChainIO

Facebook: https://www.facebook.com/EndChainIO/

YouTube: https://www.youtube.com/channel/UCfngp1u5OimZkTEm1NX78yQ

Reddit: https://www.reddit.com/user/EndChain/

Ann thread: https://bitcointalk.org/index.php?topic=5055264.new#new

AUTHOR

BTT username: Mr.Noda

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ETH: 0x623bFCc35F32F8B8ca3ce795f932018d7DeC3E92