EndChain - A Blockchain Solution For All Markets And Supply Chains

All the process where a value exchange takes place need to be 100% accurate and transparent, With a traditional method, all this expectation can't be fulfilled because every traditional method has backlog and drawbacks. As the population of the world increasing day by day hence their demand for products proportionally increases so for that production of the duplicate products also have a market value of 1.4 trillion. That means you may have consumed duplicate goods many time because it takes lot's of time to research every product after you buy. 'Or' if you have a good habit to research every product before purchase but what is the guarantee that you will reach the right place to buy that product? If you will approach online then listen! most of the Counterfeit products are bought and sold online.

And every product come to your doorstep through supply chains and there are also so many drawbacks in the traditional supply chain i.e. Most of the supply chain tracking still occurring on paperwork which can easily modify, it can tend to delays and incomplete tracking information, lack of responsibility which can lead to lost of packets which is a direct loss for the manufacturer and, a product is genuine or fake can be easily marked out if you have the tracking details of that product from manufacture. But how can you have the tracking details? it is next to impossible with the traditional supply chain.

Throughout this article, I'm not threatening you. Relax I'm here to tell you there is a solution of all these problems over blockchain technology. So introducing "EndChain" A Blockchain Solution For All Markets And Supply Chains and EndChain has a rating of 4.5 at icobench. Hence I take it serious to tell you about EndChain so stick with this article for more valuable informations.

How EndChain's Supply Chain Better Than Traditional Supply Chain?

EndChain is so economical for its users because it is so cheaper than NFC cheaps and this is mostly designed with a focus to reduce losses throughout the transportation of goods from manufacturers to suppliers, End chain also giving attention to secondhand market's supply chain, EndChainproviding subchain through which a consumer can track his everyday goods and product, EndChain's 'QR' code is unique which is combine of barcode and 'QR' code this help to simplify its use with every kind of scanner machine. That means a user can scan the 'QR' code mobile and the barcode can be scan with the vender's barcode scanner as well.

EndChain not only take care of its users but also its investors and trying to meet the need of both users and investors. EndChain developing a deflationary self-regulating economy where users need to buy and hold EndChain tokens to purchase QR codes and to avail to other benefits of EndChain, In the end, the all the fee associated with all functions will be burned to reduce the total supply of EndChain token hence the price will spike up for investors.

EndChain Token Economy

EndChain will sell 55% tokens in ICO and As EndChain is in its ICO stage you can take part in the token distribution as an investor, EndChain will sell 55% tokens in ICO and As EndChain is its ICO stage you can take part in the token distribution as an investor, 22% of the token is dedicated to future development,10% of token for team members, 5% for leaders, 5% for advisers and, 5% for bounty and airdrops.

As EndChain's motto is transparency so EndChain also mentions the details for where all the fund will be used after ICO end. So according to EndChain60% of funds will be used in developments, 25% for marketing and sales,5% for General And Administrative Expense (G&A), 5% for legal compliance and regulations and, 5% for Security and Compliance. For details information, I suggest you read the Whitepaper and visit to the website.

Conclusion

As this project is focusing on developing cheap tracking system so it can grab the attention of both manufacturers and suppliers and we consumers also can demand our suppliers to adopt this technology and, the token burn effect can help to all investors to get a high return of investment.

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AUTHOR

Bitcointalk user name: Maryatibtc

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