ENDCHAIN: INSIGHTFUL REVIEW
The innovations hinged to the blockchain has inevitably turned peoples attention to realities that surrounds and is now engulfing them, that the technology is here to stay and over time as the technology metamophores it has been observed and adopted although unofficially by various projects that ICOs provides the only viable and reliable way to raise funds to see the project through and that is what has been happening lately with the ICO market almost run over with new projects and that has posed another unique challenge identifying projects thatserves real purpose and have a chance of survival and thriving so that investors can investors and have a peace of mind.
As a bounty hunter per excellence you’d trust that in our line of work we have had the privilege to examine and even sometimes write about virtual projects with noreal-lifee implications and to time that is the greatest undoing of the blockchain, the inability of us to bring it to real life where people can relate with it, feel, touch and even smell it. Here is one I am really optimistic about, Endchain is a project that not only has areal life implication but solvesa real-life problem
The EndChain project is designed to break down existing problems using decentralization, open protocols, and services. The main objective of the project is to unite the efforts of manufacturers, transport companies, intermediaries and other persons, allowing to solve the main problem of our time – the problem of lack of trust. This is what will allow to move to a qualitatively new level of supply of goods, as well as to guarantee the safety, transparency and traceability of all operations.
EndChain offers a complete and cost-effective logistics package that benefits all sides of the supply chain. While most recycling brands are focused on high-end goods, EndChain focuses on the low- and mid-market – an area that has been ignored for too long. EndChain can enter this market because of the ease and low system price compared to other tokens that focus on expensive NFC chips or manual inputs.
The platform uses the QR code EndChain. It is unique, which contains a barcode in QR code. This design makes it easy to use because EndChain users know how to scan only the code found on the packaging. Other companies that rely on outdated barcode technology can scan the integrated barcode. So the QR code EndChains creates a special code to work with each type of system. Another advantage is that a code can update both the blockchain and all internal legacy systems with a single scan. The goal is to reduce complexity and increase efficiency.
A compact company can only be as strong as its economy. EndChain is looking like to its corporate clients and investors. To ensure that the needs of both are met, a deflationary self-regulating economy is used. Companies will encourage them to buy and hold EndChain tokens to buy QR codes, sign contracts, and access the data stream.
The percentage of fees associated with these features is “burned” to reduce the number of tokens. If the market value of EndChain remains unchanged, the price of individual tokens increases.
To be successful, the token needs a prosperous market. Tokens that are not used have no purpose for investors. In addition, tokens that do not have a constant number of buyers generate volatile prices. As a result, EndChain focused on providing a vibrant market and attracting businesses to buy EndChain tokens. With our tokens, companies can get a discount on our qr codes, big data and smart contracts.
If the market for EndChain is suppressed, more tokens will be needed to pay for each order. If more tokens are used, more is burned; which increases the price until the equilibrium is reached. As a result, it is safer to keep EndChain for a long time because there are safeguards against price cuts. In this way, EndChain will have an adjustment system itself that offers stable savings.
With a large database of leads, EndChain can start immediately with our product. 2-4% of revenue is earmarked for the recording of EndChain tokens. This will help to reduce the number of endchain tokens in the long term; which increases the price. Since most companies need to plan ahead and have a budget, you will probably buy and hold the number of EndChain tokens. This will provide strong support to the EndChain market.