BlockArray
Blockchain Solutions for Supply Chain & Logistic Operations
What if companies could use their existing barcodes to conduct “transactions” on the blockchain?
WHITELIST SIGNUP ENDS DEC 12TH
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White Paper OVERVIEW *Read First*
Executive summary
White-Paper *Long Form*
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%
Bonus gets paid out @ end of crowdsale
All tokens not sold will be 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
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
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!
