Skip to main content

Distributed platform for the world's special machine market


IronBlock is a worldwide distributed platform designed to facilitate trading and optimize specialized machine market services. One of the important objectives of the platform is to secure transactions and to increase the transparency of the state of machines being sold (all involved parties). 

Problem: 

Today, the traditional sales model of special machines lacks transparency and risks occur both in direct sales and remote sales. The price of the machine used in this market rises to tens of thousands to several million dollars depending on its state and number . Together with the validity of the technical condition data of special machines and the credibility of the counterparty, it constitutes an important criterion for dealing in the market. Online listings and bulletin boards serve as the main communication channels between market players and do not guarantee that the condition data is true and that the equipment is first available. 

The worldwide professional machine sales, leasing and maintenance market potential of construction, agriculture and raw materials exceeds 1 trillion dollars per year, and about 6.5% new machine sales are increasing annually. However, direct online sales without intermediaries is only 2% of the total market. 

The reason for this low sales volume is mainly due to the lack of confidence among the parties. This confidence problem is solved in major industrial auctions such as Ritchie Brothers and Iron Planet. According to it, when using these auction rings, the machine owner is subject to many restrictions such as physical distribution fee, downtime, and pre-selling preparation cost.None of the existing business models solve the confidence problem existing among market players globally, the solution can be easily expanded, and eventually in either way buyers and sellers There is no reason for both to incur additional expenses. 

Solution: 

This solution is based on the creation of a global distributed block chain platform designed to support machine state validation and maintenance using local service centers and authorized agents. IronBlock platform, 

website: 
IronBlock 
white paper
BTT : https://bitcointalk.org/index.php?action=profile;u=1011357

Comments

Post a Comment

Popular posts from this blog

HELEX TOKEN DETAILS

On this occasion I will try to explain how it is called HELEX TOKEN we start from the introduction and understanding of the token helex. 1. Token Helex is a crypto we have built to use as a payment method for all the services we offer. It’s built into the ethereum blockade, a secure and decentralized platform that allows payments between users worldwide. 2. The Helex Token will be added to the exchange in Q2 2018, where all users can buy and exchange, we will also add additional benefits to founders, diamond and gold investors holding their tokens, below we detail all the information from our token. Here are the details of the helex token we use.  Technical details - Token Name: Helex - Token Symbol: HLX - Decimal: 1 - Total Supply: 5 million units - Supply Style: deflation - Contract address: 0x9A00D6564945681018619Fc8957C798c2Bc7C9Fc While the designation or function of the token itself can be used in various transactions of which are as follows.  HELEX T...
Post a Comment
Read more

Global REIT - Investing in real estate on Blockchain

Introduction The real estate market has always been and will always be in demand. One of the important components of the economy is real estate as it includes the most valuable and significant objects. Real estate investment is always considered a good investment. That is, acquiring property becomes an asset to the family for generations, which is undoubtedly worth to invest money into. The real estate objects are materially implemented, significant in size and value, most of which are related to the land and are effected by it. The project Global REIT intends to create a unified decentralized investment company for the entire real estate market. Project Information Global REIT- is a platform that is based on Blockchain technology and that invented the first investment base offering an access to investors to the real estate market on a global scale. A list of various world-class assets will be at the disposal of the project. The platform aims to continuously improve its ...
Post a Comment
Read more

ARCHICOIN

ArchiCoin  is a distributed storage that uses stable cryptography. Instead of centralized servers, the file system is formed by an unlimited number of servers on the Internet. Anyone can provide their disk space to participate in an integrated data storage system. ArchiCoin  stores all data in encrypted form. Access to user files is manifested via private key. No one but the owner can get access to the information downloaded on the network.  ArchiCoin  makes it possible to store, exchange, or monetize structured data safely.  ArchiCoin  is scalable and ready for large data. When you upload a file to the  ArchiCoin  network  , it is divided into sections, these sections are encrypted and sent to a bunch of peers. Nothing stores the entire file, even in encrypted form. The data storage method has obvious advantages compared to storing data on a local server. Servers with data can be hacked,...
Post a Comment
Read more