EndChain - Complete Logistics Solution
EndChain is a utility token that changes the way logistics is handled throughout the industry in a cost-effective way.
consumers will be more comfortable with their purchases, because this convenience can range from ensuring raw goods purchased from the right source to reduce the amount of counterfeit goods available.
At present, there are several companies that are trying to fix problems related to the current logistics system using blockchain. These companies often submit similar solutions that are plagued with problems. One of the most striking problems is the absence of everything in a solution to world problems. With the right system, one smart chain can transparently display the entire logistics network from the producer to the end of the good life cycle.
This is not to say that there is absolutely no feasible solution in the current environment. However, at present, the current solution also places a lot of emphasis on luxury goods. "While luxury goods do have a disproportionate amount of counterfeiting, the entire market is estimated to be $ 1.4 trillion according to Bain". Compared to world GDP of $ 75.87 trillion, the luxury goods market represents only 1.85% of global GDP.
The current blockchain solution for the logistics industry is totally unfit for the majority of goods. Because the current system is too expensive to mass produce, they focus on luxury items such as bags, diamonds and art. However, most market purchases are ignored. EndChain is working on a solution by making a cost-effective product that can be applied to all goods.
Supply Chain Support
Globalization has brought robotic-operated logistics centers and faster communication, the supply chain still relies on paper documents with limited liability. The idea is to change this by making all in one a blockchain solution that revolves around logistics and is able to support any industry.
The chain will be verifiable and cost-effective for widespread adoption in industry. What ever happened to verify manually will be done in minutes, without human input. As an all-in-one solution, EndChain will be able to track items from the manufacturer to the retailer. By addressing the different needs of parts of the production process, EndChain will simplify the overall experience and introduce blockchain mass adaptations.
When items are being set to exit their initial location, items will be scanned and moved to the box. The first step is to scan the code in the box. This code does not become confused with the code on individual items. This code will be labeled in the system as a transportation package and refers to a number of items on the way.
When items are placed into a box, their individual code will be scanned and automatically registered with a code outside the box. This will connect all products in the box with one code located outside. When the last item is placed into package transportation, the same scanner can be used to scan the next box code. The system will recognize that a new transit code has been scanned, which will automatically close the last chain, allowing new items to be scanned to be registered with the new transportation chain
When items are placed into a box, their individual code will be scanned and automatically registered with a code outside the box. This will connect all products in the box with one code located outside. When the last item is placed into package transportation, the same scanner can be used to scan the next box code. The system will recognize that a new transit code has been scanned, which will automatically close the last chain, allowing new items to be scanned to be registered with the new transportation chain
Feature
In addition to the overall function of the chain, it is important to discuss key features that allow EndChain to be widely accepted. This feature will be added to streamline existing processes, such as communication. There will also be additional benefits that increase security, privacy and clarity when compared to existing methods.
- Privacy
- Direct Communication
- Physical Security
- Smart Contracts
- Big Data
Visibility in the Supply Chain
The supply chain is disrupted by a lack of visibility. To obtain information on location and product status, supply chain participants must manually reconcile information on various systems. This results in poorly managed inventory levels and unreliable estimates. Most item tracking still depends on phone calls or e-mail. In addition, a large amount of manual labor is vulnerable to human error, which can be very expensive.
EndChain provides a single real-time information source. This system is cheap and automatic, which increases data integrity and helps reduce excessive orders and lose sales because of insufficient inventory, reduce fragmented untrusted data caused by human errors and other related cost inefficiencies. This will have a significant and positive impact on the bottom line margin. In addition, new global regulatory standards for trace and trace requirements are being launched. In order to stay in line with this standard, supply chain players need to improve their systems. EndChain presents attractive competitive solutions and prices to obey.
How does this help EndChain buyers?
With a large potential customer base, EndChain can work directly selling our products. 2-4% of the revenue generated from sales will be dedicated to burning EndChain tokens. This will help reduce the number of EndChain tokens in the long run, thereby increasing prices and will create strong support for the EndChain market.
Token distribution
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