Karuschain

Karuschain

Platform

1 KRS = 0.1 USD

Global Precious Metals Supply Chain Transparency

ICO Start Date:

October 29, 2019

ICO Ends Date:

November 29, 2019

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ICO Details

ICO Details

View Details such as General, Token Supply & More
General
Website

Link

Prototype:

Link

Participation with:

ETH, BTC

Token Name:

KRS

Category:

Platform

Can't participate:

USA, CANADA, JAPAN

Know Your Customer (KYC):

Yes

About:

The Karuschain platform is a tracing and tracking solution for the precious metal industry. The platform enables upstream producers to track precious metal as it travels upstream from its point of extraction. Simultaneously the platform facilitates tracing back to the source of the precious metals.

About Karuschain

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.

 

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Token Supply
Fundraising Goal:

$10.000.000

Total Supply:

KRS

Tokens sold to the public 0.00%