Introduction
Blockchain is a decentralized general ledger. It is a computer network that has an identical copy of the database and changes its status (records) to a common agreement based on pure mathematics. All this means that there is no need for any central server or any entity we trust (e.g. central bank, notaries, banks, Paypal, etc.). The blockchain is the technological basis for all cryptocurrencies, whether Bitcoin, Ethereum, Hyperledger, etc.
An important part of the blockchain is the smart contracts, a piece of code that is stored in the blockchain network (in each participant's database). It basically defines the conditions to which all parties using the contract agreement. Therefore, if the required conditions are met, certain actions are executed. Because the smart contract is stored on all computers on the network, everyone must run it and get the same result. This way users can be sure that the result is correct.
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.
Therefore, there are many projects that are starting to use this new technology. However, not all of them are worth it. One should carefully read what each project is dedicated to, what is the whitepaper for, qualified advisors, etc. As I said, blockchain technology has gained popularity due to the hype about cryptocurrencies that has rocked many startups to launch their own cryptocurrencies even without convincing fundamentals. This trend arises because newcomers are more agile in adopting emerging technologies than legacy players who are hampered by the old system. However, the competitiveness and advantages enjoyed by these new players may be short-lived, as no economies of scale are taken into account.
Below is a video about the SevenPlus Coin project, so pay close attention.
Definition
In more detail, SevenPlus Coin will be the token implemented for Penn Asia. Penn Asia is a subsidiary of Yeh Group company which responds with blockchain integration in the supply chain process for COVID-19 medical textile materials such as masks, gloves, etc. Yeh Group is developing a digital asset called 7PLUS COIN (SV7 COIN), which will serve as a utility token to facilitate transactions and tracking of COVID-19 medical textile products.
Its main mission is to become the most reliable textile company in providing new innovations, meeting delivery deadlines, the highest quality standards and competitive prices, and using blockchain technology to make it more transparent and reliable.
Benefits
For companies: Traceability of sportswear, underwear and medical textiles brands via blockchain technology, and creativity in the design and innovation of medical textiles, sportswear and underwear. Under our own 7plus brand, this will lead to the acquisition of new customers and several high-income channels.
For clients: Returning to the environment helps reduce carbon emissions and zero waste, which will result in a reduced carbon footprint for future generations. With 7pluscoin you can make easy and convenient payments, which will be completely transparent in the supply chain and point of sale.
Tokenomics
The SevenPlus coin (SV7 coin) will become a utility token to facilitate transactions, payments and monitoring of all textile materials to medical clothing. This token is designed to improve health care supply chain management and health care processes to monitor all types of brand sportswear, underwear and, especially, textile items for medical use, such as masks, gloves, ppe coats. , temperature regulating blankets for newborns, etc.
Token Allocation and Distribution
For information regarding this project see the link below:
Website: https://7pluscoin.com/
Facebook: https://www.facebook.com/SV7PlusCoin-103483088392823
Telegram: https://t.me/English7plus
Twitter: https://twitter.com/7pluscoin
Youtube: https://www.youtube.com/channel/UCqqoJ6ai6yLzmcFw_ZxUfJw
Medium: https://seventhcoin7.medium.com/
Username: Bidadari_surga
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1011291
Wallet Address: 0x83f851F727e8738Ce2C18d1fb519A22a62D257A1