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Blockchain Helping Rento as Sharing Economy Platform

Blockchain Helping Rento as Sharing Economy Platform

Nowadays technology is growing rapidly from year to year. Almost in every aspect of life, there are technologies that can help human life. One of the goals of technology is to make it easy for humans to do their jobs. Every day, more and more creativity arises that gives new innovations in existing technologies.

The development of technology today is inseparable from the demands of living. Humans are required to carry out various kinds of activities by not using too much time, space and money. This is what makes humans turn to use modern tools. However, it still requires humans to operate it.

Smartphone is one of the technology that is very close to humans and help in everyday life. Nowadays smartphone has a very important role in human life. Although its function as a communication tool, smartphone also simplify the business and work affairs of its users. As the name implies, you can do business with only one finger. Things like making a letter, sending an email and even transferring money, all can be done on one cellphone. You don’t have to bother opening a laptop to send an email or going to a bank to send money because it has been helped by the presence of a smartphone.

One of the technologies that have created and brought major changes is blockchain technology. Blockchain was introduced in 2009 which also coincided with the introduction of bitcoin by Satoshi Nakamoto. The blockchain is a decentralized system where each transaction does not require an intermediary. To be simpler, at this time every time you make a transaction, you need a bank as an intermediary in sending or receiving money. Meanwhile for the blockchain, there is no intermediary on the transactions made so that it speeds up the process and can be accessed by anyone because the blockchain does not belong to a company or individual. Everyone can access if there is an internet.

The blockchain technology is actually created because of a centralized software work system. When it is compared to centralized systems, the blockchain has many advantages. The strength of the blockchain is that it faces strong attacks and hacked servers. The transaction activity will not stop because there is another server handling the transaction unlike the centralized system that will be cut off once the system is being hacked.

These advantages make blockchain technology adopted by several digital platforms. There is a statement that if the global sharing economy of the industry is combined with blockchain technology, it will change the state of the human economy. One of the example is Rento. Rento is a global sharing economy application that offers loans for underutilized products or assets. The Blockchain offers transparency that can be accessed by anyone and that also applies to Rento in running its platform.

Ann Thread: https://bitcointalk.org/index.php?topic=5076209.0

Website: https://rento-app.io/

White paper: https://rento-app.io/assets/whitepaper.pdf

Blockchain changes the global sharing of the industrial economy

 

Using blockchain technology is the right choice for Rento because the blockchain has the advantages of transparency, smart contracts, and irreversible records. This certainly provides an opportunity for Rento to be able to change the industry of sharing economy to become more advanced and trusted. If you are curious about what can be done by blockchain technology to change the industry of sharing economy, here are the list:

  1. Blockchain introduces transparency

One of the advantages of the blockchain is the transparency that occurs in every transaction. You can see and access information and transactions that occur. Data that is accessed and available is not possible to be manipulated because every changes in the data must be in accordance with the actual transaction. That is what will be applied to the Rento platform.

The sharing economy can run well if you get trust not only from the borrower but also from the product or asset lender. The blockchain technology will provide all relevant information about the assets or products to be lent. The information can also be accessed by each party easily just by connecting to the internet. With the transparency of the sharing economy, it can also minimize interactions between potential borrowers and lenders to maintain transparency in the ecosystem.

  1. Low transaction costs

If you make a transaction through a bank, there is an additional fee if you transfer to different bank. Usually each bank has its own set of costs for each transaction. Likewise, if you do an overseas transaction, you will be charged a huge fee which will automatically be deducted from your balance. This is because banks also consider the conversion costs of foreign exchange, transfer fees, and the cost of sending money.

On the blockchain, the transaction fees charged are far lower than centralized systems like bank. You do not need to pay more when doing every transaction on the blockchain even the cost is cheaper than through the traditional bank. Besides being cheap, the transaction process is only a fraction of a second. Unlike traditional bank transactions that take a long time to be processed. The ease, speed, and transparency of this transaction can occur also because of the digital cash.

  1. Fraud is less likely to happen

A transparent blockchain system makes all people who access can see all the relevant informations. So the possibility of crime and fraud is getting lower. The openness of the blockchain structure also complicates the movement of fraudsters to commit crimes. In addition, with the validation methodology, it will ensure the authenticity of each feedback provided. Therefore, there is little possibility of fraud on a transparent blockchain structure and every information is validated.

  1. Risk protection facilities with smart contracts

The smart contract exists with the aim of creating a binding agreement or agreement consisting of several parties. The smart contract was first conceived by a cryptographer named Nick Szabo. If you usually store the information in the form of documents, then in the blockchain smart contract takes the form of a code. Contracts that occur later are of a permanent nature that cannot be changed again.

Smart contracts are actually made to overcome trust problems that usually arise if people make a transaction or borrow goods or products. With the existence of a smart contract, payments and transactions will be guaranteed and deposits will also be saved when the goods are being lent. It certainly provides protection against financial risks that may occur when goods are lent. The smart contract also offers efficient risk priority mechanisms.

Rento was created to provide convenience and speed in borrowing goods. But besides that, Rento also wants to grow the sharing of the economic ecosystem more broadly than the existing industry. Like hotels and transportation that have already run the industry. Therefore, Rento wants to cover other fields that have potential in this sharing economy industry. One of them is daily products or services. The platform is created to facilitate all lending and borrowing activities using blockchain technology. The technology also will ensure international transactions run safely and smart contracts that facilitate goods collateral.

Ann Thread: https://bitcointalk.org/index.php?topic=5076209.0

Website: https://rento-app.io/

White paper: https://rento-app.io/assets/whitepaper.pdf

The Key Components of Rento Ecosystems

 

As previously explained, Rento wants to expand its ecosystem to exceed the existing industry. To be able to run it all, of course, it requires the consistency and development of the main components of Rento so that the desired ideals are achieved. Therefore there are three key components of the Rento ecosystem. The three are:

  1. Rento Application

The application is one of the key of Rento Ecosystem. The aims of Rento is to share the industrial economy in a larger scope. So it will not only focus on transportation, real estate, and hospitality industries but also other industry which also is useful for people. Such as daily use items, office rooms, meeting rooms, equipment tools, hardware devices, construction tools, cameras, and other items, goods, or service that will likely be useful and needed. There are features available on the platform in order to make the rentals getting easier. Those are the feature for the users or the borrower:

a) The listing page

Listing page is one of the important feature available in the platform. In this section, there is a list of all the available products and services ready for being rented by the borrower. It also supports many classifications such as searching filter and geo-filters that will help you in searching relevant items needed.

b) Search Engine

This feature will help the customers to search what the product or service that they need. In addition, It also has the filter and sorting capabilities to make the customer easier searching product.

c) The Renting calendar

The calendar feature in the Rento application is used to see whether the product and service they need is available or not. Every product and service its availability can be seen in this feature. In addition, later Rento will launch its new feature called “Book-in-advanced” once the platform is launched. Users can also approach a product based on their listed opening.

d) Feedback

Rento provides feedback features where borrowers can give their ratings and feedback after renting the product or service that they need based on the experience that they get while using it. In this case, blockchain technology is very helpful in preventing and minimizing the feedback manipulative provided on the platform.

After knowing the feature of the users, there are also features available for the listing owner. The feature available helps the listing owner to monitor its active product or service which is being rent. Therefore, it is different from the users. These are the features for listing owners:

a) Active Listing

This feature will help the listing owner or the lenders to find its active listings in one location. The listing owners can also see the renting schedule for its product or services on the active listing page.

b) Listing and Advertising package details

For listing owners, they can access the details package on the dashboard. In addition, Rento will provide points to service providers or businesses if they have finished registering. Later, Rento will also introduce ad positions and premium listings after 2020.

c) Customer Insight

Customer insight feature is available for listing owners so they understand how the customers behaviour. In addition, this feature can also provide rental preferences and some parameters so that the business can develop better.

  1. Rento Blockchain

The advantages of blockchain technology seem to be suitable for the application of the global sharing economy. Rento is one of those who has used the technology on its platform. Rento creates an ownership blockchain that has different features for sharing the global economy. In addition, Rento made the chain specifically for the global sharing economy. Making sure that it is the best database needed for Rento ecosystem.

a) Custom Smart Contract Facility

At present, Rento requires a special smart contract that has the flexibility to be able to expand the functionality to face challenges in the future. It is because on the blockchain platform there are currently no special smart contracts that Rento needs.

b) Handle dispute resolution

When disputes between borrowers and lenders occur, Rento must have full control of the blockchain system. So it needs its own blockchain so that problems can be resolved in accordance with local regulations. This cannot happen if Rento uses a blockchain from a third party.

  1. Store Model Store

As the name implies, Rento Model Store is a rental shop that will provide various rental products such as household appliances, lawn tractors, and scooters. All rental transactions remain through the Rento platform. The presence of Rento Model Store can also strengthen credibility and promote the vision of sharing economy directly. Another advantage gained from using this service is that feedback will be immediately heard by Rento from the customer after they use the product or asset they rent.

The Rento Model Store service also opens up the possibility of becoming a franchise brand where if there are people who are interested in operating the Rento Model Store under the Rento franchise, they must achieve a number of conditions in accordance with the franchise agreement.

Ann Thread: https://bitcointalk.org/index.php?topic=5076209.0

Website: https://rento-app.io/

White paper: https://rento-app.io/assets/whitepaper.pdf

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Posted by: kurniawan05

https://bitcointalk.org/index.php?action=profile;u=1187741

Get Closer with The uPlexa Platform for Improved Payment System

Get Closer with The uPlexa Platform for Improved Payment System

During this global era, many kinds of human activities are supported by sophisticated technologies. As we can see, the improvement of technology brings so many benefits to humans. They are not only about effectiveness but also about profits. When we talk about business, advantages are the main things achieved by people. Within this competitive era, many kinds of business stand out with their characteristics.

Talking about technology and business, uPlexa is one of the best business platforms that you can depend on since it deals with e-commerce. By having uPlexa application in your smartphone, you can have a great device to pay all of your payments easily and quickly. Moreover, it also gives you many other benefits that you can’t miss.

So, how does this application works? What kind of benefits achieved by using this application? Why should people join right now? Perhaps, there might be many more questions coming out about this bitcoin application. If you want to find out more about them, you may take a look at the brief explanation below about uPlexa e-commerce.

Essential Things You Should Know About uPlexa

To introduce you about the important things of this bitcoin-based e-commerce, you need to read the whole explanation below. Check it out!

  1. uPlexa is an e-commerce application that is based on two things, which are IoT and anonymity. IoT itself stands for Internet of Things which refer to devices that generally cannot be connected to the internet, but now can easily be controlled using your smartphone or any other devices connected to the internet. As a simple example, your bedroom lamp that is usually switched using the switcher on the wall, now can be controlled only through your smartphone and then it becomes one of the IoT devices.
  2. As a result, there are still many more examples of IoT. Specifically, the tools that are supported by IoT in the uPlexa platform include television, cars even kitchen appliances like oven, refrigerator, rangers, coffee makers, etc.
  3. Next, the second main thing operated in the uPlexa platform is the anonymity. It means this application is designed to guarantee your privacy and security towards other users. In other words, your privacy will be kept safe while you can use it to run your business effectively.
  4. Besides, anonymity is not only about privacy but also can guarantee you from being hacked or blackmailed by certain parties who can disturb your business flow. Moreover, anonymity system also prevents you from any disadvantages like bothering virus data that may affect your network system.
  5. The great team in uPlexa also sets this platform well so that it can operate in a vast network but with low fees. Apparently, it can be achieved by using a network model named Near-Zero Congestion Model. Since it covers the mass devices adoption, so the company believes that the reinforcement will be significant enough to support the devices.
  6. By saying agree to join this e-commerce business, uPlexa will provide individual profits for the users through the amount of bitcoin that can be easily accessed through the official website or the downloaded application in your smartphone.

Based on the collected data, there are around 9 billion devices connected as IoT which in the next two years or 2020 will be predicted to be about more than 20 billion devices. Therefore, the more the devices connected, the more profits can also be produced.

Those are several important explanations about this e-commerce platform that you need to know. If you are willing to see a lot more, let’s continue reading to the next great things written below!

 

What Kinds of Advantages Can You Get By Using uPlexa?

The previous paragraph introduces you about the uPlexa platform that covers its main system in operating the e-commerce and IoT business. Based on the explanation provided above, you may wonder what kinds of advantages that you will get if you decide to join? Then, take a look at the brief description of benefits you can get below!

  1. The main focus of uPlexa is to mine the IoT devices payment through the p2p payment among the users. Nowadays, as the development of IoT is getting broader, the mining will also possibly be able to reach profitable results. Additionally, uPlexa can be one of the central currency applications or devices to access the profitable IoT devices mining.
  2. The use of anonymity profile for each user in having e-commerce payment will be able to access through all of the uPlexa platforms. When most similar system offers no anonymity or the only little one, uPlexa comes with quite different things that hopefully can perform better results than others.
  3. By trusting your devices payment within uPlexa, no more worries in managing the payment system of your smartphones, internet, telecom, and any other connected IoT devices. Moreover, not only used for monthly payment, but also any services or credits for certain products are also available in e-commerce uPlexa.
  4. Within great teams and ideas, uPlexa can provide fast and competent performance where the Near-Zero Congestion Model of Lightweight blockchain will be available for many kinds of users ranging from the webmasters, corporations, app developers and even individual users.
  5. Another advantage that should be recognized is the transaction security. To provide great satisfaction for all of the users, uPlexa platform builds teams that can create such codes in kinds of cryptography to ensure its safety in each transaction paid through uPlexa platforms.

A lot more advantages can be achieved once you decide to join this uPlexa platform. For the brief explanation about its operations, you can go to the following paragraphs below.

 

How Does Uplexa Maintain The Profits From The Payments Made By Each User?

Combining the system using the connected IoT devices and CryptoNight algorithm, uPlexa is one of the most recommended e-commerce platforms that is based on IoT devices mining to achieve high profits. Here is the brief deciphering you get to know about how this platform works.

  1. Generally, the Near-Zero Congestion Model is one of the basic models used in the uPlexa platform since it costs extremely low and can utilize the off-chain transactions. Additionally, uPlexa is not yet a cryptocurrency platform focusing on minor deals so that it would immediately show disapproval for several cases, like the extremely small microtransactions, appeared in the system.
  2. The additional mining system is the uPlexa NZCM API which is highly recommended for companies projects to decrease fees but still be able to provide credit system to all the individual users included in the company.
  3. uPlexa is also equipped with certain tools and methods that have lower CPU capacity than the other most-used smartphone’s application, like Facebook, Netflix, etc. Thus, it can prevent you from having your smartphone overheating or taking a long time to respond with.
  4. The users of the certain website that has been cooperated with uPlexa can purchase things by just using the credits from their uPlexa mine coins. Moreover, within the coins that they have gathered, they also can get any available discounts for purchasing the items.
  5. As a continuation from the point explained above, the website that provides the platform for the users to do purchasing activity also gets the profit by having mining coins sent directly into the website account based on each transaction completed by each user. As a result, both parties understand the advantages increased to their mining coins.

Those are several essential things you need to know about the uPlexa platform, mainly that is focusing on the connected IoT devices. Apparently, joining uPlexa doesn’t only provide you with mining coins, but also the payment efficiency and accuracy.

Besides, it is also run anonymously which can be much safer and it offers more privacy for you to have payment anywhere, anytime and to any devices you want. Next, in the following explanation, you will find out some crucial things about uPlexa e-commerce.

 

What Are The Important Things You Need to Know About uPlexa E-Commerce?

Selling or purchasing kinds of things via online is becoming one of the most favorite methods when having shopping. Since the internet settings work faster and much accurately, then this method is considered one of the best ones for most people in this global era.

Additionally, based on the statistical data, it shows that there is an estimation that in 2020, the industry accounts will get higher increases like around more than 4 trillion dollars from 2 trillion dollars. Therefore, it is considered a higher demand with a great opportunity for those who are interested in creating a significant change for the company. Here are the essential things about uPlexa e-commerce you should know.

  1. uPlexa e-commerce will be similar like cryptocurrency business where coins are the main focuses in the system. Besides, all of the activities operated within the uPlexa e-commerce will be in guaranteed in an anonymous yet secure ways.
  2. The availability of uPlexa e-commerce ranges from any plugins, designs, developers and even webmasters to promote their online store effectiveness for the customers’satisfaction. In other words, this e-commerce is very applicable to any kinds of industries.
  3. Fortunately, the system will not charge any fees for those who haven’t got to run any profitable in their e-commerce account. After minimum three times of the monthly store fee, the store is no freer which means that you have to start paying for the basic store.
  4. In purpose to achieve the best testimonials and satisfactory from the customers, uPlexa e-commerce will always have improvements regarding the system, rules, and any other related things. Thus, some useful recommendations, inspiring suggestions as well as improving complaints would be beneficial in maintaining the system’s modification in the future.
  5. Additionally, uPlexa e-commerce will include kinds of e-commerce industries such as Shopify, BigCommerce, and WordPress. Also, the users will be able to experience the cryptocurrency systems as it becomes the priority of uPlexa upcoming projects.

Based on the explanation about uPlexa IoT devices as well as the e-commerce that just being written above, the term ‘anonymous’ might seem repeated for several times since it becomes one of the basic things of this platform. If you are still wondering how does it work anonymously? Then, you need to check this one more crucial thing below.

 

Things You Should Understand about The uPlexa Anonymity Service Payment

 

uPlexa believes that having an anonymous payment system for the users will make it one of the best optional payment methods that produce profitable results. Besides, the connection between uPlexa and other service providers that can build multiple partnerships is also needed to make this anonymity happens. Here are several reasons on why it should be anonymous.

  1. It is excellent protection for the users to prevent their personal information from any kinds of spy programs. Besides, these kinds of protection are also helpful from getting your data being sold or marketed to any types of purposes by the unknown parties.
  2. Having uPlexa as your payment method means that you just use a global currency which allows you to not paying any fees required (tourist fees) if you want to pay things while traveling. Compared to other payment methods, this is much more advantaging, isn’t it?
  3. Your payment information will keep secret including your business suppliers. Thus, the users will be able to pass any service bans or even government repression. As a whole, your account can’t be easily hacked for its personal information, like phone number and other personal details. Thus, you can have a safe, comfortable as well as effective payment system by joining with the uPlexa IoT devices mining or the e-commerce one.

The three reasons explained below are the key points of why this system is focusing on the anonymity payment. Additionally, if you think you need more information about them, you may check out several important links below that will bring you to further an in-depth explanation.

Website           : www.uplexa.com

Twitter            : www.twitter.com/uPlexacoin

Reddit             : www.reddit.com/r/uPlexa/

Discord           : https://discord.gg/a7mAQwJ

Sharia Solution for Modern Cryptocurrency Transaction with ADAB Solutions

Sharia Solution for Modern Cryptocurrency Transaction with ADAB Solutions

With the rapid development of technology, everything is getting more comfortable and faster. Especially in the financial aspect, there are plenty of innovations that will make your life more fun. Cryptocurrency is one of the most popular products from the financial investment you can try. But, some people might feel worried about its concept and system. For example, many Muslims are getting aware of the halal aspects in any transaction. Therefore, when it comes to cryptocurrency, Muslims are quite picky to choose the products.

Islam taught a rigorous rule about the transaction, as it doesn’t bother any party of the deal. In other words, every party in the transaction will be rewarded with good, making it a pleasant transaction without any disadvantage. Besides, Islam also prohibits Muslims from doing and using some haram things, as it will ruin their life. When it comes to cryptocurrency transaction, there are still so many questions about its halal status. But, it doesn’t mean that cryptocurrency cannot give the best result for Muslims’ life. With a sound system and sharia-based concept, a halal cryptocurrency is not impossible to have.

The Importance of Halal Crypto Transaction

As a Muslim, you might feel curious about cryptocurrency, but you might be in a dilemma as you don’t know whether it is halal or not. Although there are plenty of financial products available on the market, you might think that cryptocurrency is not a suitable thing for you. A halal cryptocurrency system is necessary for any Muslim. Here are some reasons why halal cryptocurrency system and usage is essential:

  1. Everything that is halal is a blessing for the owner. Especially when it comes to the Islamic financial aspects, the halal status of a matter is essential. You might purchase a thing with haram money, and it ends up to be haram, too. Therefore, making sure that your money and another payment method to be halal is critical in Islam.
  2. Your money, whether it is fiat currency or cryptocurrency, will be considered as halal when it comes from a good source. It means, you didn’t steal, lie, or get them by doing haram ways. If you have halal money, then you can use it for doing zakat, infaq and shadaqah. Always remember that zakat, infaq and shadaqah are only allowed when you use good-sourced money.
  3. The top cash will bring goodness, while haram money will bring misery. Always remember that principle when you want to have a happy, comfortable life as a Muslim. It is the essential thing to consider when you are a good Muslim to keep everything you have, eat and use as the halal thing.

So, what about cryptocurrency? People still debate about the use of cryptocurrency for the financial transaction. But, as long as users use them for good, it can give more reward from Allah. Now, you don’t have to be worried about halal transaction options using cryptocurrency.

Introducing ADAB Solutions for Halal Crypto Transaction

If you are a Muslim and you’re looking for a halal option for doing your transaction using cryptocurrency, you can choose the service from ADAB Solution. It is a platform in which every Muslim can do the purchase using cryptocurrency without getting afraid of any haram risk when doing the deals. Cited from their website at http://adabsolutions.com/, ADAB Solution exists to solve any problem in aligning the use of crypto assets with the Islamic principles. In this case, their goal is to make a global platform of cryptocurrency that is suitable with Islamic moral and culture for Muslims.

ADAB Solution provides more than just a platform for doing the transaction with a halal principle but also improves its function as it has many features. In this case, it has a purpose for launching the First Islamic Crypto Exchange that is more suitable with Islamic culture. Thus, it will result in a good way for improving the projects and other advantageous, supportive system for Muslims. If you want to know more about their development, you can get more information from their Facebook page at https://www.facebook.com/adabsolutions. In their page, you can get more insights about their projects.

The services from ADAB Solution are also various. But, there are some core values that make their services always a step ahead in providing a halal transaction solution. Here are some things of ADAB Solutions that are advantageous for its users.

  1. ADAB Solution provides comprehensive analytics, making sure that your project will result in the best, most satisfying manner. In this case, you will not only do the transaction in a pleasant environment but also give you a good background for doing any deal with people from around the world.
  2. This platform also provides the best protection for any transaction you do in this good environment. As a global environment of halal sales, you can get the best when improving your business and investment. Don’t worry about any market manipulation and margin trading, as everything is well-protected with Islamic values.
  3. As a leading halal platform for cryptocurrency transaction, you will have lots of benefits from ADAB Solution. A professional team will make sure that the system is excellent and based on Islamic values. Therefore, you can be sure about its halal status and how it can be a good start for doing more good transactions.

By understanding those principles, you will realize you will be happy when you can do any transaction for purchasing things, services and others from a trusted source. If you want to know more insights about its improvements and core values, you can read ADAB Solution Whitepaper at https://adabsolutions.com/pdf/WhitePaper_of_ADAB_Solutions.pdf.

How ADAB Solution Limits Haram Transaction

When you want to try this platform as your option in doing and purchase an investment.  At this point, you might ask about what makes this platform different than any other platform in the same category. Indeed, it takes more than just an understanding of Islam to get to know the best solution. Besides, you will also need to know about what is halal and haram in Islam.

ADAB Solution makes sure that you will get only better from the halal process and system in this platform. To ensure that your transactions are protected and functional, this platform will prohibit you from doing any haram transaction. In this case, with ADAB Solution Sharia Advisory Board, there are some types of activities as follow:

  1. Usury, as the modern environment is getting more sophisticated, people seem to forget the fundamental law of usury, which is haram. The conventional banks and investments in stock exchange are considered as haram, due to the usury aspects in its activities. ADAB Solution prohibits any of its users to do the transaction which is related to usury.
  2. Production of tobacco and alcoholic products are also banned in this platform. Based on the laws in Islam, alcohol and tobacco will cause damage to the body, making it a haram things to consume. Indeed, Islam considers a thing as haram as long as it causes damage towards the users and consumers. It is all for the goodness of Muslims.
  3. ADAB Solutions will not approve any activities for any immoral service. So, you will not be able to make any purchase and pornography content from this platform. However, you will feel peace as your heart is far from any immorality, making you feel more content about your life.
  4. Gambling is also an activity that is not allowed to do in this platform. In this case, gaming is not a type of sharia transaction. It also contains a fraud aspect, which makes this kind of activity will never get any approval from ADAB Solution sharia board.

The existence of Sharia Advisory Board is somehow essential to make sure that the platform is running professionally. Indeed, as a platform with firm Islamic values, the role of the board is more than just vital. They are the base of the transaction, and it is the principle for them. The committee is also responsible for giving advice and information about a matter of halal and haram in the digital ecosystem. You can get more updates from their boards by following ADAB Twitter account at https://twitter.com/AdabSolutions.

Getting to Know ADAB Token Sales and Usage

As a cryptocurrency platform, ADAB Solutions also provides their own token to ease any transaction in their ecosystem. They release ADAB token, a cryptocurrency to use in the platform for giving easiness for the users to improve their activities. This token has some benefits and advantages as follow:

  1. Their token is a well-developed model that has a purpose of maintaining the value. It means they have a good condition and stable position for their tokens.
  2. ADAB Solutions sticks with the halal concept, meaning their tokens are also halal and will be useful as a transaction tool for Muslims all around the world.
  3. It also has a deflationary model, which makes sure that the coin is decreasing as the sale is getting more intense.
  4. You might be frustrated as one of those people who have difficulty in exchanging the cryptocurrency to fiat money. Now, you don’t have to be worried when using this crypto, as everything is good and you can freely exchange the currencies easily.

By getting those advantages from ADAB tokens, you might want to know the reasons why you have to join in their token sale. Indeed, this platform has offered their tokens in ICO programs, making sure that everyone who needs a halal transaction alternative is excellent and comfortable with their service. Here are some reasons to use their program:

  1. It is the first cryptocurrency with Islamic values. Of course, as a Muslim, you need to choose the right alternative in purchasing digital investment. A wise investment is not enough as you need to always look for the Islamic values to make sure your investment is halal. By using ADAB token, you don’t have to be worried about them anymore.
  2. You might see how the market is developing and expanding at the moment. The rapid development also improves the new markets that are more challenging, more unique and will require more than just a regular cryptocurrency service. By using this token, you can answer every challenge of the new market era.
  3. When compared with other ICO price, ADAB Solution has the lowest price. Thus, it is making sure that it will be a good start for you if you want to invest in this platform. They also have crystal clear information about their products. Therefore, you can get the best information about your desired outcomes. To get more info, you can also access https://bitcointalk.org/index.php?topic=4720775.
  4. With the rapid development, of course, it gives a high potential for future development. Especially when you see the growth of token values, you will understand why investing in ADAB token is an excellent strategy to get the best profit in the future. So, you can prepare your participation in their token sales immediately.
  5. By investing in ADAB token, you will also contribute to the Islamic financial system. You might not know about how Islamic economy has been growing in the last years. It is strengthening and improving many people’s lives to be more productive and blessed with well-sourced wealth. So, you can also get your turn by investing in ADAB Solutions.

This platform exists due to the growth of cryptocurrency platforms, but no one provides an excellent, trusted system for a halal transaction. Therefore, the team built ADAB Solutions as a global platform where every Muslim can get more than just a financial ecosystem. ADAB Solution is also a good start for improving Islamic finance and the economy. With its global scope, the platform will give a complete thing for carrying comfort and peace for Muslims in doing their online transaction. If you want to get a good discussion with fellow crypto users, you can join in their Telegram account at https://t.me/Adabsolutions.

Many people are happy with ADAB Solutions as it opens new opportunities for Muslim to get the turn in the global economy. Besides, by providing a halal environment, the low participation of Muslims in cryptocurrency trading will be increased. Therefore, it will be an excellent start to get a solution for global problems.

Posted by kurniawan05

https://bitcointalk.org/index.php?action=profile;u=1187741

EndChain As The Solution For Logistic Problem

EndChain As The Solution For Logistic Problem

The development of globalization era bring out lots of changes in human living aspects. The globalization has been created the modern technology and discovered internet as the compliment in life. There are many advantages to internet usage. One of these advantages is the movement from the manual market into the digital market by using the digital purchase. As we know, the economy atmosphere in the world shows the improvement for one decade latest.

The digital transaction becomes the trend for people, because of more practice, effective and efficient. The digital transaction relies on the internet network in operation. The problem is coming when the seller can’t provide the trusted logistics and transportation. Then, the digital transaction present and able to change the cash currency into digital currency through the application by doing a top up for user wallet.

Besides that, the discovery of blockchain technology also can support global trading in the world.  This condition makes some companies in this world innovate in creating the brand to facilitate and promote the digital world for the public.

The blockchain technology exists as the strongest case for the logistics and transportation matter. The blockchain technology can make the decentralized transparent transaction. The blockchain technology connects the product into a customer by logistics link — moreover, this technology work as revolution power for modern supply chains management. Based on World Economic Forum data, the global trade which is using the blockchain technology can improve up to $1trillion.

Then, the existing of blockchain itself makes several companies creating the solution for logistics and transportation problem. One of them is EndChain. EndChain is working in a logistic chain which focuses on transferring the good from the manufacturer into reseller and customer. EndChain as a problem solver for the logistics industry with utilizing the blockchain that easy to use for chain supply ecosystem.

The work of EndChain is coordinating the producers, the transportation or logistic service, reseller and another party to realize easier and transparent transaction. EndChain goals are to minimize the disruption of the logistics industry by open protocols, decentralized, and utilities. If we overview the digital market problem, two serious problems become the background, there are:

  1. Less of transparency

The logistics are tracking management using out of the date system which doing the goods input manually such as using the paperwork. The logistics service oblige to maintain the goods until receiving in customer’s hand. The tracking is lack of transparency while working. In many cases, the customer receives their order in broke condition, delay for a long time, and nothing detailed information about tracking history. Finally, the consumer feels uncomfortable and disappointed. If the logistics industry still holds the manual system and not being up to date with the newest technology, the logistics service will be left over time by time.

The logistics industry should improve their transparency to consumer and producer. They will be comfortable and trust to make a purchase. To fix these cases, several companies combine the logistics systems with the latest technology; there are blockchain, the credit letter, and the delivery receipt. This innovation is offering the benefits for companies to take a risk for luxury goods such as the art, diamonds, gold, handbags, etc. Then, EndChain exists to provide the solution with low shipping costs which can be appropriate for all goods.

  1. Less of responsibility

The responsibility of the logistics service is an important point that should become the priority. The package has a high possibility of broken, lost, delay, or stolen. The companies will face the loss of these incidents. Furthermore, the producer should pay the compensation to the consumer. To overcome the problem, the companies are move into blockchain technology which is adapted to the logistics industry. Through blockchain, the transaction between sellers with the logistic party is recorded permanently. It will be documented and more trusted in shipping — the document named smart contract.

The smart contract has the function to determine who the party that must be responsible if there is an accident like stole, delay, lost or broken off the goods while shipping process. Then, the less responsibility also can be seen from the logistic server that didn’t update the tracking information. Some consumers will give the negative review for the seller, they going frustrated because their order status is unclear. This is become the serious homework for logistic management if unwanted to the left over the producer and consumer.

 

 The Introduction of EndChain Technology

Fast operation and communication are a need for the shipping process. The logistics industry should provide a comfortable, trusted, and on time service. The EndChain Company commit to building the logistics management that converting the paper document which is limited on liability into the compatible form for all industry. The data input or verification process of usual logistic can spend much time until the day, but by using the EndChain platform, the verification can be done in several minutes only with no human intervention. The EndChain technology is adaptable for all manufacturer and producer.

The base concept of EndChain is to reduce the logistic cost. As we know the logistic cost is very high in this decade. It will burden the businessman or producer. By using the blockchain technology, the cost will be reduced, and the burden of the producer will reduce too. The EndChain platform is completed with barcode and QR scan. These features have a different function that can’t be separated. The barcode and QR code is easy to use in all time and all places. The barcode and QR scan is the great combination which contains lots of conveniences and advantages for people. These advantages can be summarized for two major.

  1. Increasing the productivity of the logistic employee

The barcode and QR code usage is helpful for the workers. In general logistics management, the worker should arrange the package and verify them one by one. It will consume time too much. Besides that, the manual process not effective to do. For example, first the worker receive the package, they making a paper document for the package, they input the data manually. If in a one day 1000 packages should be verified, the process will not be effective and efficient. By using the EndChain which combining the blockchain technology, these risk can be decreased. Just doing one way to verify the package, scan the barcode. The employee will save time and more productive.

  1. Increasing the transparency of transaction

After the packages are scanned, the data will be updated automatically on the legacy and blockchain system. The EndChain program will detect the barcode as soon as possible. Then, the detailed information will appear and recorded directly. EndChain was designed with the method that compatible and easy to integrate with another system and store. Such as the B2B and B2C store. By using the EndChain, the transparent transaction will be created; the customer won’t be frustrated anymore. This is a very simple technology that contains significant advantages for people around the world.

If you’re interested to know more about EndChain, you can visit our sites on:

Ann Thread: https://bitcointalk.org/index.php?topic=5055264

Website: https://www.endchain.io/

White Paper: http://www.endchain.io/#language

 

The EndChain Features

The EndChain program is available with several features that allow the user to get the new experience in the digital market. For this time, the EndChain still seeking build the strong features to complete the program. The features of EndChain are:

  1. The privacy system

To secure the data of package, the privacy system should be working extra. The privacy feature of EndChain allows the companies to decide the data that can be entered into the program. The validated data will be encrypted by blockchain then it will build the safety system. Our program can be settled to receive QR barcode of certain or all products. The users can write the key permission as requirements to use the program. The history of order is opened for the customer only. So, the risk of data loss is impossible. By using the EndChain program, the human error factor will, and the privacy will be more protected.

  1. The direct communication

The direct communication is one of the EndChain features that allow the manufacturer as a sender giving the message to the logistics service — this feature able to monitor the location of the package and knowing the problem that may occur during the shipping process. Also, the report if the package is received. The direct communication is designed like the private message between two parties. They can communicate about the transportation process. This feature is so beneficial for both and able to improve the trust to the logistics service.

  1. The security for the goods

This feature has the function to minimize the theft incident that maybe occur to the package. EndChain completed with the theft detector and allowed the customer to get the information about that. The system will mark the potential person who steals the item. The theft can happen during the sending processor when transit. Then the buyer should enter the code number of the item; the system will search the location of the item. Finally, the consumer can report the theft into police. It’s different with a manual logistic system which can’t detect the theft if occur. This feature is really helpful for all parties.

  1. The smart contracts feature

This feature can give the manufacturer and transportation create their contract. The smart contract usually contains about the responsibility of both parties if something wrong. The mechanism of making a contract starts with two parties that put the coins. If the goods are received successfully, the coin will return into the most respect parties. If one party is breaking the contracts, they will get 0 coins. The smart contracts also able to save the logistics document in digital form. Then, the document can be used to supply the chain. The supply chain practice is more efficient.

  1. The big data feature

EndChain provides the large database that contains all interaction between manufacturer and transportation. The data also include the information about completed transportation. This feature aims to deliver the condition of items. Besides that, these data also become the evaluation for the logistics to identify the problem and planning the solution. This is one of the EndChain commitment to improving the planning and timing of logistic company itself. The big data are also working as a supporter of the coin price. The data will represent the price of a logistics company, include their service fee for a month. The user can choose the object that will be paid by the tokens.

  

The ICO Information of EndChain

The ICO of EndChain starts to sell at 1st on December 2018 until 15th on January 2019. When the token sale is running, the target of this sale should be reached. For the threshold is up to $4 million, and for the hard cap is $15 million. The seal will unstop until the maximum amount already done. EndChain can add the token stock if it’s possible and needed. The ICO details are consist of five rounds. Each round has the bonus and price differently. It’s created to accommodate the customer needs that adjusting with their budget. These rounds are:

1st round: $1.500.000 raising goal with price 0.160 USD

2nd round: $3.000.000 raising goal with price 0.178 USD

3rd round: $3.500.000 raising goal with price 0.200 USD

4th round: $3.500.000 raising goal with price 0.218 USD

5th round: 43.500.000 raising goal with price 0.240 USD

The EndChain users can choose the round that they want to buy. For each round contains the bonus up to 50%, 35%, 20%, 10%, and five giveaways. On each giveaway will take 40.000 tokens. The tokens stock for the first launched is up to 23.419.944 tokens for soft cap and 74.567.312 tokens for a hard cap. The EndChain project still needs the process of completing the program. That’s why we always open to the people to asking us the critic or suggestion through our social media on:

Facebook: https://www.facebook.com/EndChainIO/

Telegram: http://t.me/endchainIO