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About EndChain(ENCN)

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What problem does EndChain solve? (or: what human need does it satisfy?) and how exactly does it do so?

Existing logistics companies and manufacturers see the benefit in blockchain tracking, but are hesitant to revamp multi-million dollar systems. EndChain allows corporations to easily extract both the generic barcode data and the item-specific blockchain QR code data at the same time. As EndChain's program will be running in the background of existing systems, our combination code will be easily identified by our program and the generic data will be entered into legacy systems for traditional logistics and manufacturers. Simultaneously, the blockchain will be updated with the item-specific blockchain data.

How is the idea monetized? How do the token holders profit?

EndChain has multiple ways to be monetized: through companies purchasing our patent-pending qr and barcode combinations, big data and smart contracts. To ensure that token holders will profit, 2-4% of all transactions will go to burning tokens. As the number of tokens decrease, the value of those remaining will increase.

Team

EndChain's team members.

Aaron Perkowitz

Aaron Perkowitz

CEO

Linkedin
Pierre ANGOT

Pierre ANGOT

CTO

Linkedin
Felix Engelhardt

Felix Engelhardt

Business Development

Linkedin

Roadmap


 
November 2017 Development of EndChain concept
February 2018 Whitepaper v1 completed design process flow
June 2018 Discussions with patent lawyers
August 2018 First working version of the unique EndChain QR code/barcode Different versions being tested for efficiency
September 2018 Launch of www.EndChain.io Release of a finalized EndChain Whitepaper
October 2018 Setting up ICO and reaching out to potential partners* Obtain patent pending status
December 2018 Start token crowdsale*
January 2019 Finish of crowdsale Token distribution following internal and external audit
1Q19 Develop beta smart contract library Basic KYC framework development Prepare strategic partners for early adoption
2Q19 Direct communications infrastructure Create API for easy use of our system
3Q19 Complete test platform for contracts Alpha-testing of Minimal Viable Prdoduct through existing app with leading partner
4Q19 Beta testing of the app, roll out beta to a more partners UI and UX improvements to app
1Q20 Discuss with beta testing users and update app based upon suggestions Improve app functionality and backend integration
2Q20 Improvements for fraud reporting and allocation Train AI to recognize patterns in fraud
3Q20 Full version of app launch
4Q20 Big data analytics opens Further development and features to be announced
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Quick notes

Tokenomics

Token Info

Available tokens: 55% Price: 1 ENCN = $0.24 Soft Cap: $4,000,000 Hard Cap: $15,000,000 Buy with: BTC, ETH, BCH, LTC Platform: Ethereum Location: Hong Kong

Other Info

MVP/Prototype: Yes Escrow: No Category: Supply & Logistics

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What problem does EndChain solve? (or: what human need does it satisfy?) and how exactly does it do so?

Existing logistics companies and manufacturers see the benefit in blockchain tracking, but are hesitant to revamp multi-million dollar systems. EndChain allows corporations to easily extract both the generic barcode data and the item-specific blockchain QR code data at the same time. As EndChain's program will be running in the background of existing systems, our combination code will be easily identified by our program and the generic data will be entered into legacy systems for traditional logistics and manufacturers. Simultaneously, the blockchain will be updated with the item-specific blockchain data.

How is the idea monetized? How do the token holders profit?

EndChain has multiple ways to be monetized: through companies purchasing our patent-pending qr and barcode combinations, big data and smart contracts. To ensure that token holders will profit, 2-4% of all transactions will go to burning tokens. As the number of tokens decrease, the value of those remaining will increase.

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