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How will you make sure that there are no illegal items for sale?
EndChain will allow users to easily determine the authenticity of a product. |
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Could you please explain me the registration program?
Each EndChain participant receives a digital identity, embodied by a public key. This public key links the identity of the participant to their blockchain-based digital role. But the WP states that some EndChain users can remain anonymous in EndChain so what does it mean? Depending upon the role in the shipping process, the identities of some users would only be known to the manufacturer who must keep track of the package. |
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where do you plan to expand first?
As I know EndChain already has a partner in Asia. And what after?  As previously stated, they will first focus on medium priced items that need to be tracked to ensure authenticity then move in to lower priced goods such as food. |
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What are the key features of the project?
The key features are patent-pending integrated QR code and barcode solution, cost-effective logistics, burning tokens based on our revenue percentage for long-term token price growth, self-correcting token system. |
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What security measures EndChain will have to avoid any false entries or counterfeits of its code?
Following the WP to avoid potential customers scanning the QR code and marking the item as sold to themselves, customers will not have the ability to register their information (optional), unless the code was already scanned by a store. If the same QR code be scanned too often in multiple different places, then the item will be flagged as potentially fraudulent. |
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There is yet another proof of concept of EndChain’s product. EndChain partners with Logistics Plus Inc. (LP) that is a leading worldwide provider of transportation, warehousing, fulfillment, global logistics and supply chain solutions.
Logistics Plus is also consistently recognized as a fast-growing transportation and logistics company, a great supply chain partner, a top freight broker, a leading project cargo manager, and a great place to work. |
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Convenient navigation on the site, everything is accessible and understandable so I don’t understand why Icomarks put 6 to EndChain website?
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How EndChain’s smart contracts will work?
Smart contracts will be setup to take into account lost/stolen packages by determining which party is responsible at different stages of the transportation process. |
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Why should I choose your project instead other projects?
Because its only EndChain who could offer all in one solution for logistics and transportation. |
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How the self-regulating economy of EndChain will work?
It will work by destroying more coins if the current market value of the coin is low. If the value of EndChain tokens falls, every smart contract now requires more EndChain coins to be set up, which results in more being burned due to EndChain burning 2-4% of tokens per transaction. Vice-versa, if the value of EndChain coins rises, less outstanding supply is destroyed as fewer coins are required for each smart contract. |
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What does the partnership with EndChain mean to Ming Kee?
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How you came up to that idea?
An extensive research was conducted to eventually discover that blockchain technology provides the best solution to address most of the common pain points in the supply chain. The concept for EndChain has been under development since March 2017. |
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Who are your competitors?
There are a few competitors such as: Chronicled and Everledger, but they all rely on technology that is more expensive. |
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Now there are projects with a similar idea as in you. What are the advantages of your project compared to competitors?
As I have read in WP current options revolve around expensive RFID chips or an overt reliance on consumer input. EndChain’s aim is to disrupt the logistics industry through decentralization, open protocols and utilities. |
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Well this is something really intriguing.Seems like it is the right platform for the niche.
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I admit the team is serious. They are working hard. Its why they got get big investors.
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For me, I like the VogoV ecosystem and the fact that two product are developed.
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I will join the white list and be on look out to buy my tokens as soon as crowd sale start.
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Business is business. Everyone wants to make gain. Not just pleasure so in this regards, I feel it is very possible.
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Dear friend, 50,000 ETH is big amount but some investment company can afford it. Especially when they know it importance.
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