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Author Topic: [ANN][ICO] 🌐 PROCUREAN 🌐 Blockchain-driven procurement network based on trust  (Read 2229 times)
Nina_Procurean
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May 29, 2018, 07:44:38 AM
 #241

Hi! How are you going to create the trust ratings?

Hello! The trust rank of a participant is calculated from two separate components: one financial and the other reputational. The business’s resulting trust rank is a composite number calculated from a weighted sum—the weight being the trust rank of the evaluator, of quantitative evaluations ranging from 1 to 10 and their financial indicators.

You can read more about it in our whitepaper from pages 20-23 or/and in our article https://medium.com/procurean/restoring-trust-in-procurement-with-blockchain-9ff4ac82dce5
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Nina_Procurean
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May 29, 2018, 07:47:38 AM
 #242

It remains unclear to me how the PAN token functions as an escrow? because naturally the things like this are very liked by the buyers / sellers due on so many fraudster in this present.

I suggest you read our article on why PAN token is the vital component of the Procurean network, and how exactly PAN tokens will be used, including escrow. Smiley

Link to the article: https://medium.com/procurean/what-pan-token-can-be-used-for-c0a8e74a96a0


Great article! Your WP is quite large to read in one seating, so short article with partial project review are much more easy to read and comprehend  Wink

Thank you! You can follow Procurean on Medium for more such articles: https://medium.com/procurean
Egor_F
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May 29, 2018, 07:49:39 AM
 #243

Do you plan to visit more events like Podim?
Hi, of course!
Join our official Telegram to stay updated about news and upcoming events: https://t.me/procurean_news

Joined the channel  Wink
Nina_Procurean
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May 29, 2018, 07:51:00 AM
 #244

How are you going to obtain the credit records of a compony to calculate its trust rate??

Hello!
The data for the financial component is retrieved from publicly available financial data, smart data sources and data gathered by credit rating agencies. Most of this data is bought on the market from smart data providers. The reputational component is dependent on datasets collected from multilateral evaluations of participants done on the network. This data is generated through various buyer–seller interactions on the network using smart instruments and it is governed by smart contracts. You can learn more about our trust rank in our whitepaper on pages 20-23: https://mk0procureannetyd833.kinstacdn.com/app/uploads/2018/05/Procurean_WP-1.6_2018-05-23-1.pdf
CoinHunter22
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May 29, 2018, 07:51:39 AM
 #245

Haven't seen many projects from Slovenia. Are there any severe laws restricting ICOs?
Nina_Procurean
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May 29, 2018, 07:59:24 AM
 #246

Hi! Do you have a communities besides telegram?

Hello! You can find our community also on
facebook: https://www.facebook.com/procurean
twitter: https://twitter.com/procurean
reddit: https://www.reddit.com/r/Procurean/
Ilya.miy
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May 29, 2018, 08:03:48 AM
 #247

Hello! When the pre sale starts? Will you make a discount or bonus?

Hi!
The pre-sale starts on 30.08.2018 and the bonus is 20%. Sign up for our newsletter to stay updated!

You're doing the right thing! Building the community in advance is crucial for success!
DropNik
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May 29, 2018, 08:06:00 AM
 #248

a self-regulating trust mechanism is one of the key factors that make me like your concept Smiley
lanangejagat
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May 29, 2018, 08:26:27 AM
 #249

The trust rate is most important for the sellers or buyers?

Tolik.co
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May 29, 2018, 08:35:49 AM
 #250

The blockchain world is fastly developing, glad that now you can use it even for international trade Smiley

it's already been there but in smaller projects. Now when Procurean can optimize a whole economy sector, there must be a huge difference!
DropNik
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May 29, 2018, 08:37:41 AM
 #251

Please, can you make any videos with the team? Smiley

Hi! We are planning on filming some videos with the team. Join our Telegram group to stay updated: https://t.me/procurean

Waiting to watch it!
Valya_87
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May 29, 2018, 08:40:47 AM
 #252

Restoring trust is a long term goal. Do you have smaller milestones/project goals?
Eluveitie
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May 29, 2018, 08:44:57 AM
 #253

And when the  pre ico starts?

in the end of August I guess?

Yes, the pre-sale starts on 30.08.2018. Sign up for our newsletter to stay updated Smiley
There's still time before August 30...
Dima.Lik
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May 29, 2018, 09:01:18 AM
 #254

I suppose the investors will flow fast when the sales start. The procurement and supply industry is very beneficial.
FoxTol
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May 29, 2018, 09:21:22 AM
 #255

The companies' needs are so diversed, that must be hard to creat a unique concept that would fit all..
Crt_Procurean
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May 29, 2018, 09:25:32 AM
 #256

Cool, this project will be interesting not only for the investors, but for the future users too. That's the kind of platforms we need in crypto economy.
We try to bring as much value to the users as possible. Consequently the investors will benefit from it as well.
Nina_Procurean
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May 29, 2018, 09:27:48 AM
 #257

And when the  pre ico starts?

in the end of August I guess?

Yes, the pre-sale starts on 30.08.2018. Sign up for our newsletter to stay updated Smiley
There's still time before August 30...

Yes, that is because we would like to have some things done before pre-sale, for example, our development team is actively working on alpha release which will take place in July.
MishCoin
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May 29, 2018, 09:32:41 AM
 #258

If my company will be able to reduce the purchasing cost thanks to Procurean, that will be a bomb Wink

By the way, will be interesting to see how real companies managed to optimize their procurement tasks thanks to your team! Maybe you provide any success stories from Gepom?
BitByata
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May 29, 2018, 09:34:53 AM
 #259

how are you going to digitalizing the  procurement?
Crt_Procurean
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May 29, 2018, 09:36:50 AM
 #260

Restoring trust is a long term goal. Do you have smaller milestones/project goals?

Trust can be established afther the first activity on the Procurean network, if the business was done as agreed upon.
Trust rank is the biggest deciding factor for businesses on the Procurean network, but it is not the only benefit.

Procurean will transform procurement in a way that will enable businesses to:
1. lower their transaction costs by up to 90%
2. save up to 30% on (currently) non-optimized procurement
3. increase trust and lower business risks associated with business transactions
4. digitize and automate procurement with minimum time waste
5. get open market access and information
6. transfer knowledge and IT system capabilities from large enterprises to SMEs.
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