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

[Druzje]

How are you going to exclude the "bad" suppliers?

[1715022538]

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[1715022538]

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[1715022538]

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[kolya.inc]

Wish you to expand the network globally, this type of procurement network is very needed in all countries.

[Enjoy.87]

Great tool. Somewhat like Business Level system with webmoney, but decentralized.

the fact that it's decentralized adds a lot of new aspects!

[Oleg_93]

You say that a member rating is calculated from the information about the previous deals. How is the system protected from fraud? In a situation where  many fake companies can be created and then order fake supplies from a fake supplier.

[FromSmyrna]

Will you focus more on international business interactions or domestic ones?

[NICAT.59]

How it's gonna protect me, a small supplier, against the giants monopoly and demping?

Hi, I think it came to misunderstanding since our primary market (but not exclusive) are small and medium-sized enterprises (SMEs). SMEs are facing very specific challenges which Procurean will address by tools enhanced with machine learning algorithms to ensure knowledge and experience transfer on the underlying market infrastructure.

I suggest you read more about it in our whitepaper on page 12: https://procurean.network/whitepaper

Well, I hope that anyway Procurean network would make companies trust and deal not only with well-known giant brands, but also with smaller suppliers.

[Herocrypto]

What's the concept of blocks creation in the blockchain network? Who will provide the decentralization and protection from attack 51?

[Nina_Procurean]

Where can I find the token distribution details?

Hello! You can find token distribution details on our website https://procurean.network/token/ or in our whitepaper on page 43 https://procurean.network/whitepaper

[Crt_Procurean]

Oh! That's an opportunity to expand on the European market

It also brings the opportunity for global expansion, but at first we'll focus on neighbouring countries, then we'll focus on Europe and then gradually to wide world.

[Nina_Procurean]

Wish you to expand the network globally, this type of procurement network is very needed in all countries.

Thank you. In our roadmap you can see when and in which countries we plan to expand https://procurean.network/whitepaper (on page 48).

[Nina_Procurean]

A cool bearded guy in the video! Is he a team member?

No he is not. But we have other cool team members you can check and start the conversation with in our Telegram group: https://t.me/procurean

you have an awesome team 

Thank you

[Nina_Procurean]

Hello, team! You have a great concept, waiting for the ICO start. Do you have a whitelist?

Hi Oleg.Cheburek! We will start whitelisting in the beginning of august. I suggest you subscribe to our newsletter so you will not miss important dates regarding Procurean and our ICO

[Crt_Procurean]

How it's gonna protect me, a small supplier, against the giants monopoly and demping?

Hi, I think it came to misunderstanding since our primary market (but not exclusive) are small and medium-sized enterprises (SMEs). SMEs are facing very specific challenges which Procurean will address by tools enhanced with machine learning algorithms to ensure knowledge and experience transfer on the underlying market infrastructure.

I suggest you read more about it in our whitepaper on page 12: https://procurean.network/whitepaper

Well, I hope that anyway Procurean network would make companies trust and deal not only with well-known giant brands, but also with smaller suppliers.

Sure, that is the concept of Procurean. Empowering businesses of all sizes, focusing on SMEs, since they often lack necessary resources to cope with larger enterprises.

[Nina_Procurean]

Where is your white list? Or there's only a subscription to a newsletter?

Hi! Whitelist will be available in the beginning of August. I suggest you subscribe to our newsletter to keep you updated https://procureandoo.activehosted.com/f/3

[Crt_Procurean]

Will you focus more on international business interactions or domestic ones?

We are creating a global interconnected market, meaning we connect businesses around the world in a way that ensures buyers find new sellers and sellers can discover new buyers no matter their capabilities or location.

[Crt_Procurean]

How are you going to exclude the "bad" suppliers?

An evaluation is required at the end of every concluded phase in each transaction (such as bidding, delivery, payment) and this is visible to all transaction participants so
that they can work towards any possible resolutions when needed. The reputational component dissolves over time to ensure relevancy.
So in short ... Excluding the bad suppliers will be done with the trust rank.

[Crt_Procurean]

You say that a member rating is calculated from the information about the previous deals. How is the system protected from fraud? In a situation where  many fake companies can be created and then order fake supplies from a fake supplier.

This scenario will not be possible, since at the stage of KYC we will have strong supervision of who is eligible to join the network.
So there is no option for fake companies joining the network.

[Crt_Procurean]

Interesting project, how does your trust ranking work? and is there a testnet I can try?

Hi Jackhk001!

I suggest you read the section regarding trust rank in our whitepaper on page 20: https://procurean.network/whitepaper/

Or you can also read our article written about the trust rank: https://medium.com/procurean/restoring-trust-in-procurement-with-blockchain-9ff4ac82dce5

[Crt_Procurean]

If the network will be used frequently by a large number of companies, I'm sure it will develop over time and become even better. Also, if the team has a plan to expand and creat new projects in the ecosystem , it's all very promissing!

Well based on the experience with Gepom number of companies, who have joined the platform, is increasing fast. Thank you very much for positive feedback.

[Crt_Procurean]

Great tool. Somewhat like Business Level system with webmoney, but decentralized.

the fact that it's decentralized adds a lot of new aspects!

That is correct.