[ANN][ICO] 🌐 PROCUREAN 🌐 Blockchain-driven procurement network based on trust

[Nina_Procurean]

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

[Nina_Procurean]

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.

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 

Thank you! You can follow Procurean on Medium for more such articles: https://medium.com/procurean

[Egor_F]

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 

[Nina_Procurean]

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]

Haven't seen many projects from Slovenia. Are there any severe laws restricting ICOs?

[Nina_Procurean]

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]

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]

a self-regulating trust mechanism is one of the key factors that make me like your concept

[lanangejagat]

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

[Tolik.co]

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

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]

Please, can you make any videos with the team?

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]

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

[Eluveitie]

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

There's still time before August 30...

[Dima.Lik]

I suppose the investors will flow fast when the sales start. The procurement and supply industry is very beneficial.

[FoxTol]

The companies' needs are so diversed, that must be hard to creat a unique concept that would fit all..

[Crt_Procurean]

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]

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

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]

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

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]

how are you going to digitalizing the  procurement?

[Crt_Procurean]

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.