As cryptocurrency dominate the industry. High stroke of volatility and fraught without any thorough knowledge of financial market will probably end up bankrupt. This is true and a worst fact that many investors suffered in this kind of business.
Honestly, many ICOs pop up everyday worldwide. Some are legit and some of them are scams and its hard to tell which of which could be the fraud one. Investment made on ICOs last year amounting to $4billion was impressive but still perceived a risk for some investors to take a chance. Every investors out there learned all that mistake of the past and probably thinking of putting their money on safest platform out there. So I guess, this project that I will introduced has a key instrument in protection and guarantee of the investment potentials.
Mind everyone reading this. This isn’t an endorsement piece or the company ask me to write this but my own perception about their project. By the way, what I will discuss here are my insight about this project called Aidus which will be on the spotline of this blog. Shall we begin?
WHAT IS ENDCHAIN
EndChain’s aim is to disrupt the logistics industry through decentralization, open protocols and utilities. The goal is to connect producers, transportation companies, forwarders and other parties in easy to navigate transactions where trust is not an issue. This will lead to a seamless exchange of goods while increasing security, transparency and traceability.
How Will EndChain Work?
EndChain aims to cover each sector of the supply chain, including the second-hand market. Our product will be affordable, allowing even everyday goods to be tracked on the blockchain. Additional functions for communications among the supply chain & allowing to set up subchains further enhances the relevance of the product for the supply chain.
Is It Simple to Use?
The EndChain QR code is unique in that it incorporates a barcode within the QR code. This design allows for simplified use as EndChain users will know to scan the only code found on the packaging. Other businesses which rely on legacy barcode technology will be able to scan the embedded barcode. Thus, EndChains QR code creates a singular code to work on any type of system. An additional benefit is that the single code can update both the blockchain and any internal legacy systems with a single scan. The goal of this is to reduce complexity while increasing efficiency.
A blockchain 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 in order to purchase QR codes, make smart contracts and access the data stream.
A percentage of the fees associated with these functions will be ‘burned’ to reduce the number of tokens in existence. Shall the market value of EndChain stay the same, the price of individual tokens will rise.
A token needs a thriving marketplace to be successful. Tokens that are not being utilized serve no purpose to investors. Additionally, tokens that do not have a consistent steam of buyers creates unstable prices. This is why EndChain has focused on ensuring a lively market by engaging companies to purchase EndChain tokens. By using our tokens, companies can receive a discount on our qr codes, big data and smart contracts.
Who is interested in EndChain?
EndChain provides a complete and cost-effective logistics package that benefits all parties of the supply chain. While most utility tokens focus on high end goods, EndChain focuses on the low to middle market, an area that has been ignored for too long. EndChain is able to enter this market due to the ease and low price of our system compared to other utility tokens which focus on expensive NFC chips or manual entry.
How does this help EndChain Buyers?
With a large base of potential customers, EndChain can immediately get to work selling our product. 2-4% of the revenue generated from sales will be dedicated to burning EndChain tokens. This will help decrease the number of EndChain tokens in the long term; thus increasing the price. As most companies need to plan ahead and budget, they are likely to buy and hold an amount of EndChain tokens. This will create strong support for the EndChain market.
Should the market for EndChain be depressed, more tokens will be needed to pay for each order. When more tokens are used, more will be burned; thus driving the price up until equilibrium is reached. As a result, its safer to hold EndChain for a long duration of time as there are protections against price decreases. Thus, EndChain will have a self-correcting system which allows for a stable economy.
This project has a very good concept, a great development team, an unsurpassable technology and a clear vision. And also it is a privilege to be a part of this massive project. And i would like to invite all the crypto fans throughout the world come and invest here for a betterment of the future.
FOR FURTHER DETAILS JUST CHECK THE LINKS BELOW:
BTT PROFILE LINK: https://bitcointalk.org/index.php?action=profile;u=2290688
WALLET ADDRESS: 0xD13a2678FD0a4069CdddBa63EadB94ec048999a2