IronBlock is a global decentralized ecosystem which aims to achieve maximum efficiency in the heavy equipment trading sector. The maintenance processes, machine condition data, and collectively in the purchase and sale of heavy equipment.
Using blockchain technology, IronBlock aims to bring global access to maintenance and data services of heavy equipment, which normally is done through various middlemen in the job and expensive.
The primary services that IronBlock will offer are the status of machine condition a consumer requests. Total transparency will be provided since it is still prevalent for companies to sell faulty machinery. This verification will enable a mutual trust that are also distantly placed from each other and will reduce the overall cost aspect that comes with buying equipment. IronBlock claims simplify maintenance and diagnostics of the equipment before and at the time of its sale.
WHAT DOES IRONBLOCK OFFER?
- Continuous machine condition monitoring and guaranteeing condition data
- Providing uncomplicated global machinery lookup and secure deals
- Revolutionising maintenance and machinery condition verification
HOW IT WORKS
IronBlock has developed a platform that comes with a certification system which enables access to guaranteed reliable information for its products with the help of blockchain technology.
A secure electronic certificate is provided that is integrated with the blockchain of Ethereum smart contracts. There are three stages of confirmation of the equipment state.
Hash of the certificate signed by the licensed provider will be placed on the blockchain for access and a full information of the machine which will include photo and video details.
These procedures ensure secure escrow transactions in the machinery market.
IronBlock has deployed its own currency - The IRB token which will serve as a payment for all transactions, and a convenient and efficient one at that. It will be the main currency between consumers, thereby a constant demand is set up and its price will go up. IRB tokens are essentially used for paying IronBlock certificates, for obtaining access to equipment listings, and for other services the platform provides. IRB token holders also have an advantage in the form of loyalty program and its special offers.
MAIN FEATURES
• IronBlock certificate – The blockchain based certificate for condition of a machinery.
• IronBlock Techpass – A maintenance log that provides details the entire service life of the machinery is given.
• Market – The main features is a database providing trustworthy information of all the licensed equipments.
TOKEN AND ICO DETAILS
Token : IRB
Platform : Ethereum
Accepting : ETH
Soft cap : 200 000 USD
Max cap : 700 000 USD
Standard: ERC 20
Type: Utility
Currency of purchase: BTC, ETH, altcoins
Maximum purchase: Unlimited
Pre ICO start date: 15th January 2018
Pre ICO end date: 11th February 2018
IronBlock is promoting its ICO sale with a lucrative offer of
Until Jan 21 : +30%
Until Jan 28 : +25%
Until Feb 4 : +20%
Until Feb 11 : +15%
VERDICT
The team has so far proved to be committed in fail-proofing the system. With futuristic technology coming into play, it is necessary to be able to keep up with the changing dynamics of consumer behaviours and to be able to provide a global solution which is what is missing in the current scenario.
For more information
Website : https://ironblock.io/en/
Whitepaper : https://ironblock.io/media/IronBlock_en_WP_2.0.pdf
By: karanj
Btalk profile: https://bitcointalk.org/index.php?action=profile;u=1030341