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PRELIMINARY

The blockchain technology is known for its seamless, secured, fast, transparent, unforgettable, and decentralized transactions, all transactions carried out on the blockchain technology cannot be argued or disputed by anyone. Every transaction ever carried from inception is still recorded and can easily be seen by anyone who wants to, since the invention in 2008, million of transactions have been executed with no need for intermediary or escrow services to validate its authenticity.

Today, I’m going to introduce to you GENESIS SUPPLY CHAIN created on one of the four types of blockchain: HYBRID. Some adopters of the blockchain technology do not have an in-depth knowledge of the hybrid blockchain while some have no idea of its existence. #gsc #gscp #hybrid This aspect of the blockchain technology allows private network create blocks of hashed data kept on a public blockchain without making in vulnerable.

Hybrid also offers a flexible control of which data to be made public on a public ledger for the accessibility of everyone or the data to be kept on a private ledger which requires a granted access before it can be viewed. There are also the advantages of scalability without the requirement of consensus from all the node on the network.

GENESIS SUPPLY CHAIN

GENESIS SUPPLY CHAIN was invented to deliver a purchasing management software backed by the blockchain technology to help users with a simple technique to handle their supply sequence process, secure their data and improve their sale margin. GSC will make available real-time business breakdown and dependable support for customers.

GSC platform will benefit buyers, sellers, and carriers respectively, they aim to eradicate middleman fraud and exorbitant charges by integrating the services of GSC with the blockchain technology. As mentioned above the blockchain doesn’t need any kind of authentication to prove its authenticity. Below are benefits that buyers, sellers and carriers will enjoy.

Buyers on GSC will enjoy reduced time when placing a buy order unlike the traditional mode that is time consuming, increased reliability and trust with certified documents & automated process. Development of a multi sourcing, accounting & administrative cost related orders comes at a discounted rate. Availability of many charts for deeper analysis with tools that provides buyers with all the information they need about a supplier before purchasing from them.

Suppliers of sellers on GSC platform will enjoy good business visibility, reduced cost on prospecting expenses, and increased reputation from buyers (ratings after the conclusion of a sale). Easy and friendly profile interface to enable swift navigation and to maximize the functionalities available. Sellers will have maximum security of sales in the sense that buyers credit worthiness and accounting will be cross checked.

Carriers or delivery agencies will enjoy better business visibility, maximum security of sales in the sense that customers credit worthiness and accounting will follow up. Reduced cost on prospecting expenses, increased reputation from buyers (ratings after a particular delivery), and global sales follow up on the performance tracking score board with a customer.

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BENEFITS OF GSC NETWORK

★ User autonomy
★ Real time & complete transaction history
★ Full traceability
★ High level security of funds
★ High level data security
★ Decentralized database

GSC TOKEN (GCSP)

GSCP is the acronym of GENESIS SUPPLY CHAIN TOKEN, it is a utility token that is ERP-3.0 complaint. GSCP tokens are the fuel the network operates on, it will be used as the standard mode of payment for services rendered on the network. Holders of GSCP will have unlimited access with no restrictions whatsoever on the network. Buyers will pay monthly subscription with GSCP tokens for accessibility of functionalities available on the network.

GSCP was created on a hybrid blockchain and as the gas of the network it allows users keep track of their purchasing and transaction history, it also gives immediate payment in GSCP tokens to GSC platform users. To preserve the value of GSCP, no other token will ever be created, mined or minted.