EndChain ICO (ENCN Token): Blockchain Logistical Supply Chain Solution

felix4c3 (32)in #endchain • 5 years ago

EndChain is a patent-pending blockchain utility organization that is focused on bringing mass adoption of blockchain monitoring to all markets. Our patent-pending QR and barcode mixture lets in EndChain to have 2 wonderful advantages in this market: integration and price.

Existing logistics companies and manufacturers see the gain in blockchain tracking, but are hesitant to revamp multi-million greenback systems. EndChain lets in firms to without difficulty extract both the common barcode data and the item-specific blockchain QR code information at the same time. As EndChain's software will be running in the background of current systems, our combination code will be without problems recognized by means of our program and the universal facts will be entered into legacy systems for typical logistics and manufacturers. Simultaneously, the blockchain will be up to date with the item-specific blockchain data.

EndChain brings blockchain benefits at a fraction of the cost to all products. The substantial majority of solutions in the market remember on NFC chips or manual entry of data into the blockchain. EndChain will create an API that lets in companies to robotically generate and update the blockchain as nicely as print our codes at once on their packages, as a consequence drastically reducing the price. This will permit low to mid-cost goods, such as natural food, to grow to be blockchain enabled products.

AI and Big Data:

Our crew will leverage their trip in AI and big facts by way of integrating each with EndChain. AI will be used to discover and alert any try to copy our codes. This will be carried out through parameters such as: places the code is scanned, number of times a code is scanned, etc. Big statistics will center of attention on the facts gathered by using manufacturers and logistics organizations to first-class assist them optimize their platforms.

Features

Privacy: Validated records that is encrypted to the blockchain will create a tightly closed system.

Direct Communication: Rncrypted verbal exchange channels to help open communications between the manufacturing and transportation process.

Physical Security: Reduce theft and let consumers comprehend when an item has been stolen from the supply chain.

Smart Contracts: Smart contracts can be linked to actual contracts to make sure compliance and transparency, permitting manufacturers and transportation businesses to assertresponsibility in a decentralized way.

Big Data: Opt-in for grant chain contributors to share theri data, and get it anlaysed to become aware of bottle necks.
Simple to use

The EndChain QR code is unique in that it incorporates a barcode within the QR code. This diagram approves for simplified use as EndChain users will understand to scan the solely code located on the packaging. Other groups which remember on legacy barcode science will be capable to scan the embedded barcode. Thus, EndChains QR code creates a singular code to work on any type of system. An additional gain is that the single code can replace each the blockchain and any interior legacy structures with a single scan. The purpose of this is to limit complexity whilst growing efficiency.

Value creation

A blockchain corporation can solely be as strong as its economy. EndChain is committed to each its company users and investors. To ensure that the desires of both are met, a deflationary self-regulating economy will be used. Corporations will be influenced to buy and preserve EndChain tokens in order to buy QR codes, make clever contracts and access the records stream.

A share of the fees associated with these features will be ‘burned’ to decrease the number of tokens in existence. Shall the market fee of EndChain stay the same, the price of character tokens will rise.

Economics

A token desires a thriving market to be successful. Tokens that are no longer being utilized serve no reason to investors. Additionally, tokens that do no longer have a steady steam of buyers creates unstable prices. This is why EndChain has targeted on making sure a lively market by way of attractive groups to buy EndChain tokens. By the usage of our tokens, businesses can obtain a cut price on our qr codes, huge data and clever contracts.

Who is interested in EndChain

EndChain provides a whole and most economical logistics bundle that benefits all parties of the supply chain. While most utility tokens focal point on excessive end goods, EndChain focuses on the low to center market, an location that has been overlooked for too long. EndChain is able to enter this market due to the ease and low fee of system compared to different utility tokens which focal point on costly NFC chips or guide entry.

How does this assist EndChain buyers

With a giant base of achievable customers, EndChain can without delay get to work promoting product. 2-4% of the income generated from income will be dedicated to burning EndChain tokens. This will help decrease the quantity of EndChain tokens in the long term; therefore growing the price. As most organizations want to graph beforehand and budget, they are probable to purchase and preserve an quantity of EndChain tokens. This will create robust aid for the EndChain market.

Self-correcting System

Should the market for EndChain be depressed, greater tokens will be needed to pay for every order. When more tokens are used, extra will be burned; therefore using the fee up till equilibrium is reached. As a result, its safer to maintain EndChain for a long length of time as there are protections in opposition to price decreases. Thus, EndChain will have a self-correcting gadget which lets in for a stable economy.

Team and Advisors

More information: