Penn Asia is the company backing the launch of the SevenPlus Coin, which is a digital asset that is poised to improve the healthcare supply chain management system.
The essence of launching this digital asset is because of some of the existing gaps in today’s medical supply industry. As revealed by the outbreak of the Coronavirus pandemic, more hands need to be on deck to facilitate the movement of medical supplies from one point to another.
THE CONCENTRATION OF TEXTILE MEDICAL SUPPLIES
The concentration of everything the SevenPlus Coin stands for is hinged on the textile medical supply industry.
Penn Asia developed this crypto coin to serve as a utility token used for making payments and tracking the shipment of textile medical supplies.
BLOCKCHAIN INTEGRATION
Penn Asia wants to do all it can to ensure that the Coronavirus pandemic is curtailed. So, it is using the Distributed Ledger Technology (aka blockchain) to boost the supply chain system of textile medical supplies.
Before now, Penn Asia has been in the business of manufacturing intimate apparel, sportswear and spandex yarns.
Being a futuristic company, Penn Asia identified an opening in the textile medical industry following the outbreak of the Coronavirus pandemic.
That informs the reason why the company is committed to integrating blockchain technology to aids its new venture of producing and distributing novel, highly protective textile materials that are boosted by chemical and biological protection.
PRODUCT INTEGRITY
It doesn’t make sense that textile medical supplies or materials are manufactured, but in the end, the integrity of the materials is questioned.
So, Penn Asia is placing a premium on the integrity of the textile medical supplies and materials they would manufacture.
The outcome is that the major players in the textile medical supplies ecosystem would easily trace and establish the integrity of the supplies.
These major players and participants in the textile medical supplies ecosystem are Mediator, Seller and Buyer.
ROLE OF DIGITAL ASSETS
Penn Asia is a textile material manufacturer that continually looks for opportunities to advance how they do business.
So, the outbreak of the Coronavirus pandemic landed an opportunity for them to take their textile material production to the next level.
Now, we are looking at the introduction and integration of digital assets in the form of crypto tokens/coins into the production and distribution system.
The SevenPlus Coin has been set aside for this. This crypto coin would be used for providing a transparent supply chain for the distribution of COVID-19 medical textile supplies to different buyers and healthcare centres all over the world.
The SevenPlus Coin will as well be used to provide a seamless payment gateway that would not be limited by borders or no scalability.
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THE FUTURE
While digital assets are currently undervalued and not used by many industries, Penn Asia believes that the native SevenPlus Coin would soon be used across the textile medical supply industry.
As more institutional investors start to take an interest in the use of digital assets, the SevenPlus Coin and many other digital assets with viable use cases would be adopted as payment methods in the respective industries they are assigned to.
USEFUL LINKS:
Website: https://7pluscoin.com/
Facebook: https://www.facebook.com/SV7PlusCoin-103483088392823
YouTube: https://www.youtube.com/channel/UCqqoJ6ai6yLzmcFw_ZxUfJw
Telegram: https://t.me/English7plus
Twitter: https://twitter.com/7pluscoin
Medium: https://seventhcoin7.medium.com/
WHITEPAPER: https://7pluscoin.com/assets/7plusWhitePaper.pdf
AUTHOR’S DETAILS
Bitcointalk Username: Nancyo
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2759950;sa=summary