Upbit, HitBTC, Bittrex, KuCoin
How are we going to get listed on these Exchanges? Our token is actually used for creating barcodes anchored to the ethereum blockchain - the token is a utility/functional token.
Crowdsale is LIVE - Bonus Structure
52500000 Total Supply for sale
3000 Block Array Tokens = 1 ETHER
Milestone 1 (5,550 ETH) 35% Bonus distributes ~2,250,000 Tokens
Milestone 2 (4,660 ETH) 25% Bonus distributes ~1,750,000 Tokens
Milestone 3 (4,350 ETH) 15% Bonus distributes ~1,500,000 Tokens
4050 35%
3750 25%
3450 15%
http://blockarray.com/token/ Bonus gets paid out @ end of crowdsale
All tokens not sold will be 50/50 returned and burned
New Dual-Layer QR Code available for embedded encrypted messages for authenticating products
Utilizing GS1 ONS 2.1 Specifications, we can make existing barcodes translate into URL/URI's
Business side uses Hyperledger Fabric & Sawtooth
Mobile Application works by:
1. Scan existing barcodes
2. Translate Barcodes into elemental string
3. Convert elemental string into URL/URI
4. Resolve end address (DNS/AGDSN/etc)
For businesses, they can use the mobile application or update their existing software for handheld barcode scanners to:
scan items and commit "transactions" to their blockchain (Hyperledger Fabric/Sawtooth)
These transactions are recorded on the businesses private blockchain, and can be uploaded
to the global public blockchain or shared via "channels" with businesses they specifiy
Diagram of BlockArray Blockchain-as-a-Service works
Token burn rate for purchases 10% of equivilent in fiat purchase (USD)
Vesting period for remaining 40%6 month vesting cliff4 year normal vesting after the cliffIn order to exercise any vested tokens to be sold a two (2) week notice must be issued
No tokens have been given to any outside parties (advisors, etc)
40% Remaining supply:
30% reserved for company (company may burn these tokens instead of conducting Open Market Operations, also may be used for customers who pay in fiat)
7% reserved for employee incentives/development team
3% to Bounties & Airdrops
Use of Funds:
65% - Development Costs
20% - Marketing
10% - Business Costs
5% - Crypto/Fiat Reserve
Burn Rate of Tokens10% equivlent of fiat purchase, e.g;
1 Barcode = $50 USD = 10% of 50 = $5 USD, assuming .10cent per token = 50 tokens burned
White-Paper
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Warehouse Management System using the Blockchain
DUAL-LAYER QR CODE
STOP COUNTERFEIT GOODS WITH PRINTED QR CODES - NEW TECHNOLOGY
HOW IT WORKS
Mobile Application
Encoding & Decoding Barcode/QR Code Library
Dual-Layer QR Code can:
Embed encrypted messages in existing QR codes using the Reed-Solomon Error Correction Algo used in existing QR codes
This message is "hidden" effectively creating a public and private QR code in the same QR code, without making larger QR codes
So what our library does is:
Break down the barcode into its constituent parts
Parse and compile the constituent element parts into a URL/URI/Mobile App
The resulting query shows if the product is authentic by showing the originating companies supply chain.
So if you bought the product, from a 3rd party other than the authorized re-seller/distributor you would know
that there might be a chance it had been tampered with.
How the WAREHOUSE MANAGEMENT SYSTEM works
Example: How we can help CROSS-DOCKING be more effective
Cross Docking is a widely used distribution method, with companies like WAL-MART and DELL being notable Pioneers in this segment
Hyperledger Fabric Overview
Post Translation Reservations here please!
