EndChain - Affordable Tracking Solution For All Markets

Logistics is that the essential pillar of worlds economy. it is a very difficult business structure, it manages the flow of things from purpose of origin to purpose of consumption and fulfills the every needs of purchaser. offer could also be a a district of supply chain management, where bobbing up with, implementation, storage, service, transportation and delivery of things happen. today most of the activity works ar handled by human factors and with paper work. thanks to this the merchandise worth can increase and delivery becomes slow. Today's offer operation uses previous model softwares that produces the strategy even slow.Thanks to blockchain technology, a revolutionary technology at intervals the history of mankind; could produce the availability sector loads of advanced and superior. Blockchain's decentralized , immutable, incorrupt and unhackable nature makes every organisation to ought to adopt it into their core applications. Blockchain adoption in offer significantly modification the strategy merchandise ar transferred today, it helps to firmly and clearly looking of every transactions. Implementation of blockchain helps to identify counterfeit product, helps to observe the merchandise movement from manufacturing to shopper delivery. Use of blockchain makes every operation easy, clear, secure, certain and faster. Even though there ar many solutions exist at intervals the market today for offer. but all of them have some disadvantages and quality to adopt . EndChain project is here {to produce|to offer|to provide} a whole full scale answer to every supply problems with blockchain technology.

Project objective

The main aim of the project is to revolutionize the availability business through decentralization and by adoption of blockchain technology. Implementation of blockchain offers full scale answer to every verticals of provide chain management. This makes it faster, secured, clear, trusted, straightforward and reliable. Blockchain helps shoppers to easily track merchandise from manufacturing to delivery.

Present challenges

The fundamental draw back that offer face is today is wrong following details of goods/products. The delivery of product from manufacturer to complete shopper has many stages, land transportation, carriers, custom brokers, freight forwarders etc. they have to remain the every track records manually on the obsolete systems. Most of the times they don't seem to be clear which they forever offer inaccurate data in following details. Finding the counterfeit product throughout this obsolete system becomes an excellent deal hard and lots of a times customers receive counterfeit product. Presently there area unit many companies providing resolutions to provision issues but there isn't any complete overall resolution exist. fully totally different|for various} problems different companies offer solutions. Most of this blockchain solutions alone focuses on luxury product like jewellery, handbags, diamonds etc. Another major draw back is that the dearth of responsibility. once the packages becomes lost, stolen, broken or delayed, the companies shift their blame onto another. as a result of the wrong following info systems it becomes hard to check the precise standing of the package. This makes the patrons irritated.

Principle of operation

EndChain is reaching to supply a full scale single blockchain answer to any or all or any verticals of supply chain and provision problems. Blockchain provides decentralization, security, transparency and trust at intervals the system. EndChain uses a patent unfinished QR code, which will be a mixture of barcode and QR code. Scanning a code is implausibly straightforward and this code passes through every participants of the provision chain. Scanning a QR code from the mobile application updates the data on the blockchain. The QR code provides the data, related to the manufacturer and every members involved at intervals the delivery of the merchandise on the provision chain network. As blockchain is immutible and incorrupt, the data once entered into it can not be changed. so every information entered by every member of the provision network is uneditable. so scanning the distinctive QR code at each stage of transportation technique helps to transparently track the $64000 time location of the merchandise. This probably helps to avoid any crime of product at any stage as a results of we have a tendency to are able to merely track, from where the merchandise was stolen. Smart contracts plays a vital role in guaranteeing the responsibility of product at every stage of transportation. smart contract will charge an actual amount at each stage of transportation from the associated members, simply just in case of the roaring delivery of the merchandise, the incurred charges are visiting be came and if the merchandise got stolen then the charged amount are visiting be paid off for that product from the responsible party. Use of excellent contracts in entire stage of supply chain helps to cut back the quantity of paper work required, that saves time and price associated with it. smart contracts ensures the transparency and helps to cut back the value} value of product. EndChain is committed to supply solutions that not exclusively applies to luxurious product but together for every completely different product. EndChain uses ENCN tokens in every stage of platform transactions. EndChain uses 2 to four p.c of the monthly revenue to burn the coins, that ultimately can increase the value of the coins.

Ico details and timelines

• Token name: EndChain

• Token ticker: ENCN

  Tokens for sale: seventy four.5 million

• Softcap: $4 million

• Hardcap: $15 million

  Public sale begin date: initial Gregorian calendar month 2018

  Public sale end date: fifteenth Jan 2019

Conciusion

EndChain is here to revolutionize the supply sector with blockchain technology. EndChain provides simplest and value effective solutions to every problems with provision and supply chain. Blockchain, decentralization, patent unfinished QR code and smart contracts build the network lots of clear, secure and certain. EndChain is also a very promising project, it will completely attract investors.

Learn more about EndChain:

Website: https://www.endchain.io
Read Whitepaper: https://www.endchain.io/#language
ANN thread: https://bitcointalk.org/index.php?topic=5055264
Telegram: https://t.me/EndChainIO
Facebook: https://facebook.com/EndChainIO
Twitter: https://twitter.com/EndChainIO

About Author:

Bitcointalk username: taskurun1998
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1775722
ETH address: 0xec494dEDdC6Fd29bD37716Ca3368f6D9f3556d45