Hello, my dear followers. All of us, as people living in the 21st century, of course, every day we buy different goods. We pay our money for them and expect to get the highest quality product in return. But, in order to reach the buyer, any product passes a long chain. It all starts with the manufacturer's factory, followed by several logistics nodes-a large wholesale warehouse-distribution center-wholesale and retail warehouse-and then the store. To this you can add more and delivery from store to customer, if you purchase the goods not from the counter, and in the online store.
And at each stage, with the product manufactured by the manufacturer even at the highest level, many unpleasant situations can occur – it can be stolen during delivery, it can be lost in the warehouse, careless movers can beat and spoil (accidentally or intentionally) the goods or open its packaging. And to identify at what stage there was damage or theft of goods is almost impossible, often the culprit is either the manufacturer or the store that sells the goods. And sometimes even the blame for the damage of the product is shifted to the shoulders of the buyer.
That's just to prevent such situations, a team of experienced specialists in the field of blockchain technology, logistics and marketing is developing an EndChain platform. The introduction of this platform into the global industry will allow to introduce universal control over the quality of delivery of goods from the manufacturer to the end user. Let's see how it works.
At the plant, which agrees to the use of the EndChain project technology, each manufactured product will be put a QR code and information about it, through a special application, will be entered into the blockchain. Then, each link of the logistics chain will be obliged to enter in the blockchain information that it has received the goods and sent it on to the next level. Also, information about the quality of the goods will be entered. And so on up to the end user. At the same time, taking into account the specifics of the blockchain technology – all information will be immutable – no one, no participant of the system will be able to change it or remove it from the EndChain blockchain.
Any buyer using the app from EndChain will be able to scan the QR code on the purchased product and find out its full history – where it was produced and how it was delivered to the recipient.
But of course the EndChain platform will bring great benefit to the participants of the production trading process. After all, now all the movements and the entire history of EACH product will be visible at a glance. Manufacturers will be able to identify unscrupulous transport networks, analyze the speed of delivery and identify the most rational ways. Stores will also be able to navigate the most high-quality wholesale suppliers and manufacturers.
In addition, thanks to the quality control by buyers, which thanks to the EndChain will reach a new level, manufacturers will be able to increase their profits. After all, now customers will be able to check each product for authenticity and will only buy original things, and therefore manufacturers will not receive losses from illegal firms engaged in counterfeiting their goods.
And to motivate all network participants in the responsible performance of their duties, THE encn token will be used. Each participant of the trading production system will make a certain DEPOSIT with encn tokens to participate in the process of delivery and sale, and if he faithfully fulfills his part of the transaction, he will receive back his Deposit. And hacks on the contrary, will lose their contribution – it will be for them a kind of fine, from which they will not be able to get away.
Site: https://www.endchain.io
Peruse Whitepaper: https://www.endchain.io/#language
ANN string: https://bitcointalk.org/index.php?topic=5055264
Wire: https://t.me/EndChainIO
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