Introduction
Blockchain and Smart Contracts open many doors to new decentralized businesses and eliminates the need for expensive third parties. Many new companies are now working on this technology, and large companies are testing it in closed networks to collaborate directly with each other without the need for intermediaries.
For that reason, there is a lot of projects that are starting to use this new technology. However, not all of them are worth it. We have to read well what each project is dedicated to, what is its whitepaper, its qualified advisors, etc. As I said, blockchain technology has gained popularity due to the hype about cryptocurrencies which has shaken many startups to launch their own cryptocurrencies even without convincing fundamentals. This trend has emerged because new entrants have been more agile in adopting emerging technologies compared to incumbents who are hampered by legacy systems. However, this competitiveness and this advantage enjoyed by the new players may be short-lived, as no economies of scale are taken into account.
The demand for food is creating increasingly complex and fragmented food supply chains, with more actors, covering ever greater distances. Food retailers are responsible for ensuring that the foods they sell comply with the highest standards of food safety, however, they rely on those who are further along the supply chain to provide safe products and reliable data on the form in which those products were handled. This makes them vulnerable, unable to protect themselves against the risks of food contamination, product recalls and frauds, all of which are increasing and costing millions of dollars each year to retail food companies. For that, retailers need smarter solutions that use cutting-edge technology to mitigate these risks, increase their profits and strengthen their brand's reputation.
For this reason, the project I am going to present you is Zeto, a new cryptocurrency project that offers cloud-based SaaS solutions to the global commercial refrigeration industry, taking advantage of the great technologies of data analysis and IO to provide our customers with an intelligent cooling management platform that allows them to reduce costs through efficiency gains, and provides an independent and automated HACCP temperature monitoring and information system.
Video Presentation
Definition
Zetochain (ZETO) (https://www.zetochain.com/) is a software company that offers food security solutions to the global retail industry through a new open access platform focused on the developer that allows to quickly block the flow of data to and from the supply chain. The idea is that it is a scalable, open and standards-based platform allowing the adoption of the frictionless blockchain, even for legacy systems. This fundamental layer allows developers without experience in blockchain coding to quickly block any data in the supply chain.
Goals
The main objective of Zetochain is to become the first chain platform of open standards blocks in the world for the supply chain. Making retailers of food, restaurants and businesses throughout the global food-service industry know that the food they sell is of the highest quality. Therefore, they will have the records to support this quality, which they can share with customers, producers and all parts of the cold chain. Customers can use their phones to scan the labels of meat, dairy products or any fresh food they plan to buy or consume.
Benefits
Zetochain offers all the advantages of blockchain to developers and organizations using the programming models with which the developers of the company are already familiar. The Zetochain platform will eliminate the need for developers to learn new languages, interact with cryptocurrency portfolios or acquire new skills in unknown programming techniques.
For application developers | For large organizations | For small organizations |
---|---|---|
Connectors to the most popular software packages in the supply chain | Easy integration with ERP and supply chain packages already in use | A traceability platform based on the chain of blocks for tracking incoming and outgoing products |
New tools and applications that solve real business problems for the supply chain | A "ready-to-use" solution to integrate IO capabilities into supply chain solutions | An easy access ramp to automate the traceability of the shipment and the reception through the IO |
New business models based on data from the supply chain and smart contracts | Data exchange center to allow visibility of the supply chain beyond the immediate suppliers and customers | Opportunities to adopt new business models through smart contracts |
Transparent, secure and immutable records of shipments and handling to ensure compliance with applicable rules and regulations | Transparent, secure and immutable records of shipments and handling to ensure compliance with applicable rules and regulations |
What makes Zetochain special is that it is the only truly open platform and the only one focused on the developer. On the one hand, by providing the full set of tools, based on open standards and protocols, Zeto allows developers to adopt the blocking chain now, without the need to block patented or patented technologies. On the other hand, Zeto is 100% focused on developers and integrators, not on end-user companies, offering developers a quick route to the blockchain, with easy-to-use APIs and SDKs, simple pricing and quick integration.
Bounty
The project gives the opportunity to earn Zetochain tokens performing some social media tasks and doing simple steps from the bounty program explained in the Bitcointalk Webpage. Here (https://bitcointalk.org/index.php?topic=3220001) you can access the link in order to see what are the conditions to become an early ZETO contributor and start acquiring tokens.
Doesn't that sound interesting? If you are interested in this airdrop or basically in the ICO, you can read their Whitepaper here (https://www.zetochain.com/static/whitepaper.pdf). You can also read their ANN thread here (https://bitcointalk.org/index.php?topic=3219785) or stay tuned in their official Telegram group (https://t.me/zetochain). I hope you liked the post and soon I'll send you new ones.
Tokenomics
Description
ZetoToken is a utility token, but it will also have uses within Zetochain's broader ecosystem. The Zetochain blockchain will use the acceptance test to achieve consensus and will require the master nodes to handle the requests and store the data. The Zetochain token will be an integral part of the Zetochain authentication mechanism. Zeto will also charge for access to the Zetochain development tools and services at ZetoTokens.
Token Details
Token: ZETO
Platform: Ethereum
Type: ERC20
Price in ICO: 1 ZETO = 0.10 USD
Tokens for sale: 150,000,000
Token allocation
Roadmap
Date | Event |
---|---|
March 14th, 2018 | Launch ICO Website. |
April 30th, 2018 | Launch ICO Pre-Sale. |
June 1st, 2018 | Smart Contracts Released. ICO smart contracts will be released to Github for review. |
July 9th, 2018 | Token Sale. |
August 1st, 2018 | Exchange Listing. |
October 1st, 2018 | Service upgrade. Existing services will be upgraded to support smart contract services. |
November 1st, 2018 | Mobile APIs. APIs required by mobile applications will be deployed. |
December 1st, 2018 | Mobile Application Released. A private Beta of the mobile application will be available for the first trial customer. |
Feb 1st, 2019 | Customer Trial. The first cutomer trial will begin. |
February 1st, 2019 | Web UI updated.The existing Zeto web application will be updated to support the new ZetoChain application. |
March 1st, 2019 | Hardware Available. The new ZetoChain secure hardware will be available and installed at trial customer sites. |
April 1st, 2019 | Mobile Applications Available. The client and consumer versions of the mobile application will be available on public app stores. |
June 1st, 2019 | 1.0 Release. Version 1.0 of ZetoChain will be market ready. |
Author Details
Email: [email protected]
Telegram username: @clauming
Bitcointalk username: adriaparcerisas
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1870482
Ethereum address: 0xC6AB45541006D53D31E25b41c7d245c5Ad99BF71
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