Progress Update
The Hercules team has been in full-steam excitement mode of late, starting with the success of Hercules Supply Chain Protocol’s mainnet launch on October 29. Since then, we’ve been celebrating a series of achievements. As part of the Hercules community, we wanted to keep you in the loop and share a virtual toast to progress.
Introducing… Hercules Supply Chain Blockchain Protocol
Hercules Supply Chain Blockchain Protocol is the the first commercially viable, decentralized, and fully open source blockchain-based software designed to improve transparency, security, authenticity, and validity of supply chain data while stabilizing costs. Powering the system are software keys in the form of HERC ERC777 (ERC20 compatible) tokens.
The Hercules Supply Chain Blockchain Protocol aims to provide businesses with data integrity advantages of blockchain technology, enabling their goods to be trusted and exchanged in a global market at a set price of US$.000032 per Hercules Protocol usage. In simple terms, a company can use ( usage includes actions such as submitting data, viewing, accessing, etc.) the software over 10,000 times for just $.32 (there’s a slightly higher cost for picture and video inputs, etc). This cost-effective, transparent and robust solution is set to revolutionize the way supply chains are optimized for efficiency.
The Beauty Behind HERC Tokens
HERCs are the access tokens that are needed to utilize the Hercules platform, enabling businesses to increase efficiencies in their supply chain networks. HERC tokens are the only way to access the platform. Unique to Hercules Supply Chain Protocol is its interoperability with public blockchains, including Bitcoin and Ethereum, and integration with decentralized cloud storage networks such as Storj, and protocols like Factom. This layered system presents opportunities for businesses to increase security and transparency within supply chain ecosystems, enhance competitive advantage and improve overall sustainability of global value chains.
Hercules’s Proprietary Gamified Validation Tool
Something our team is excited about is the development of the Hercules’s Human Initiated Performance Report (HIPR). We are thrilled to introduce this proprietary gamified validation tool for the Hercules supply chain protocol which performs a Proof of Human Work function. HIPR helps streamline production, distribution and management. It also incentivizes play (various cryptic puzzles, matching color and brain training games) by offering user rewards while improving security and verification processes.
HERC Listed on Crowdfunder, IDAX, LATOKEN, FUBT, DOBITRADE and SistemKOIN
HERC tokens are officially the first blockchain software access tokens offered for sale on Crowdfunder. HERC tokens can also be purchased through Hercules’s website herc.one. Additionally, HERC tokens are listed on IDAX, LATOKEN, FUBT, DOBITRADE, and SISTEMKOIN. The favorable interest in the progressive HERC offering is based on the protocol’s ability to solve real life problems and make global value chains much more cost effective, transparent and efficient. Hercules has garnered the support of several partners including Factom, Storj, Rivetz, Edge Wallet, Coinpayments, Transform Group, and BFC Group, to name a few.
Having achieved these milestones, Hercules is excited to see its progress continue to unfold as we move towards 2019. With that said, we’d like to thank all of you for joining us on this journey, and wish you the happiest of holidays.
For more info, visit the official website: https://herc.one/