Endchain

Using a block chain allows you to simplify a lot of everyday processes. What we carry out every day and absolutely do not think about what process is going through this. One such process is the delivery of goods. The EndChain project intends to cover every sector of the supply chain, including the used car market. This project will allow its users, using blockchain, to track even daily goods. Additional functions for communication between the supply chain and allowing the creation of additional chains further increase the relevance of the product to the supply chain.

EndChain provides a complete and cost-effective logistics package that benefits all parties to the supply chain. While most tokens for recycling are focused on high-end products, EndChain focuses on the low and medium market — an area that has been ignored for too long. EndChain can enter this market due to the ease and low price of the system compared to other tokens that are targeted to expensive NFC chips or manual input.

The platform uses the QR code EndChain. It is unique in that it includes a barcode in the QR code. This design makes it easy to use because EndChain users will know how to scan only the code found on the package. Other companies that rely on outdated barcode technology will be able to scan the embedded barcode. Thus, EndChains QR code creates a special code for working with any type of system. An additional advantage is that a single code can update both a blockchain and any internal legacy systems with a single scan. The purpose of this is to reduce complexity and increase efficiency.

A compact company can only be as strong as its economy. EndChain is committed to both its corporate users and investors. To ensure that the needs of both are met, a deflationary self-regulating economy will be used. Corporations will be encouraged to buy and hold EndChain tokens for the purchase 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 market value remains unchanged, the price of individual tokens will increase.

To succeed, a token needs a thriving market. Tokens that are not used have no purpose for investors. In addition, tokens that do not have a constant number of buyers create unstable prices. This is why EndChain focused on providing a lively 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 market for EndChain is down, more tokens will be required to pay for each order. When more tokens are 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 will have a self-adjusting system that provides stable savings.

Token distribution and use of funds

Thanks to a large base of potential customers, EndChain can immediately start working with our product. 2-4% of revenue from sales will be for recording EndChain tokens. This will help reduce the number of EndChain tokens in the long run; thereby increasing the price. Since most companies need to plan ahead and budget, they are likely to buy and retain the number of EndChain tokens. This will create strong support for the EndChain market.

Road map

More info visit link:
Website : https://www.endchain.io/
Medium : https://medium.com/@endchain
Whitepaper : https://www.endchain.io/assets/whitepaper
ANN : https://bitcointalk.org/index.php?topic=5056272
Facebook : https://www.facebook.com/EndChainIO/
Twitter : https://twitter.com/EndChainIO
Telegram : http://t.me/endchainIO
Bounty: https://bitcointalk.org/index.php?topic=5056363
Github : https://github.com/EndChain
BTT profile: https://bitcointalk.org/index.php?action=profile;u=1234556