The Karuschain platform uses the Ethereum and Hyperledger blockchains, our implementation of sophisticated smart contracts (chaincode), and the management of key data flows from legacy systems and innovative hardware throughout the precious metals supply chain.
Karuschain platform technology will allow supply chain participants to determine the source of the metal as it flows upstream. It will allow them to track the metal from the source onwards and then for other participants to trace backwards to the source. It will allow a participants’ compliance department to determine what compliance data to store on its private blockchain channel and with whom to share read-only access.
Downstream participants have a clear incentive to connect to Karuschain to meet their compliance and CSR obligations as the available pool of data and upstream producers increases for tracing/cross-checking purposes. They will, as major buyers of the output of upstream companies, exert pressure to open up data flow from upstream in to facilitate source tracing. The demonstrable success by both upstream and downstream participants in meeting their compliance obligations will drive data sharing, platform use, and industry end-user acquisition.
The Karuschain platform will be built on a foundation of a compelling use case. It will evolve into an industry driven ecosystem supporting the greatest possible transparency in the precious metals supply chain/market.
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
My position is the CEO. I have over the last 30 years created many large scale international startups. Karuschain and its industry renown blockchain technology bring solutions to a 680 billion dollar industry, where our team members having a combined experience of over 270 years. The concept is one of the strongest launches in the space and we have already created the top business partners in the industry creating revenue opportunities in the bilions of dollars range..
|Token Amount For Sale||500,000,000|
|Ico Token Price||0.1000 USD|
|Ico Token Supply||65%|