ENDCHAIN Decentralized Logistics Supply Chain
Today logistics is a very important part for the good development of almost any kind of business and consumers increase their loyalty to those organizations that can provide complete transparency and reliable information about their products and services.
Science logistics helps to deliver food rationally, trying to use the best and more optimal, fast delivery methods, reliable storage, to comply with the conditions for maintaining the proper quality to meet the standards. Now many people prefer to purchase goods via the Internet and the ability to track their movement from the seller to the buyer is poorly developed or virtually absent. You have to wait for a notification on the mailbox or message on the mobile phone.
As a result of this situation, not fully developed trade between countries, cities, e-Commerce, which offers a fairly wide range of goods and services almost around the world and it is difficult to determine who is the real seller or just a fraud! People have to trust and buy blindly.
It is necessary to correct and eliminate such shortcomings between manufacturers and consumers, remove intermediaries and increase confidence in any purchases, it is quite possible to solve all this project called EndChain!
EndChain is a patent-pending blockchain utility company that is targeted on bringing mass adoption of blockchain monitoring to all markets. Our patent-pending QR and barcode combination permits EndChain to have 2 distinct advantages in this market: integration and price. Existing logistics corporations and producers see the benefit in blockchain tracking, but are hesitant to revamp multi-million dollar systems. EndChain permits companies to without problems extract each the typical barcode statistics and the item-specific blockchain QR code facts at the same time. As EndChain’s software will be walking in the background of present systems, our combination code will be easily identified via our program and the accepted data will be entered into legacy structures for ordinary logistics and manufacturers. Simultaneously, the blockchain will be up to date with the item-specific blockchain data. EndChain brings blockchain advantages at a fraction of the price to all products. The considerable majority of options in the market count on NFC chips or guide entry of records into the blockchain. EndChain will create an API that allows firms to routinely generate and update the blockchain as nicely as print our codes directly on their packages, for this reason appreciably decreasing the price. This will allow low to mid-cost goods, such as organic food, to grow to be blockchain enabled products. AI and Big Data: Our team will leverage their trip in AI and large data by using integrating both with EndChain. AI will be used to become aware of and alert any strive to copy our codes. This will be finished by way of parameters such as: locations the code is scanned, wide variety of instances a code is scanned, etc. Big information will focus on the data gathered through producers and logistics groups to high-quality help them optimize their platforms.
THE FEATURES OF THE ENDCHAIN PLATFORM:
Keeping the theme of the solution all in one, this program will display encrypted communication channels. This will help open communication between manufacturing and transportation processes. Instead of finding the location of the current item, the relevant company and the correct contact person, using a simple chain will show exactly where the related items and chats can be opened to connect to individual rights. The manufacturer will be able to immediately see if there are items in transportation, Have problems and can communicate quickly the right person. The direct communication path is also personal, with only two parties having access to the message.
Validated data encrypted into the Blockchain will make the system secure. Chains can be changed, with companies able to determine which data can be entered. Because EndChain patents are a delayed QR / barcode feature, our chains can be set to provide regular read QR scanning access to all details before reselling items. Those who want permission to write on the Blockchain will be needed to use our program. So that it allows individuals to view item history but cannot change or add it. By having the factors specified in this program, employee errors will be reduced and privacy can be protected. Subchains can be made at EndChain during manufacture and transportation. This subculture will allow the company to internally follow the product when it passes the steps and quality assurance needed. Because this sub-network may contain sensitive information, companies can set up sub-channels to be private. Private sub-chains allow companies to combine internal chains while not risking losing sensitive data.
Theft is an epidemic throughout the world. In the US alone, cargo theft can exceed $ 30 billion per year. EndChain can be used to reduce theft and notify consumers when an item has been stolen from the supply chain. If merchandise is stolen at any time before it is sold to consumers, the item can be marked as stolen in the system. This will allow any potential theft during manufacture or transit to be immediately captured and marked. I will also allow consumers to scan an item and immediately see it stolen at a point in the supply chain. At this point, consumers can then contact the authorities to report a theft of goods.
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 a 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. Then, EndChain will perfect the product by listening to the customers’ 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-users 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.
In conclusion, the platform of EndChain Token Sale is coming near and its one of a kind opportunity for investors to invest in this logistic related project. They have a high rating in every ICO review sites especially in ICOBENCH this proves that this project is a legitimate project that can compete to other ICO at Q4 and will sure give you a good profit. Many ICO is SCAMS and that thing really aware’s every investor but worry no more because this project will surely give you what you truly need in an investment. EndChain has developed products to change the traditional structure in the logistics sector and is in the patent phase. Shipment transfers from one place to another using Blockchain technology will be simple and inexpensive at the same time safe. Given the trillion-dollar size of the logistics sector, the company is in a very lucky position; it is not difficult to guess that it will be among the favorite companies of the future.
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