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ICO «Remechain»

⭐ Supply & Logistics

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ICO «Remechain» Listed:

November 5, 2017 ● AMP Version link

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Remechain ICO image

ICO Description

Remechain is an open Buyer-Supplier ecosystem, available for all participants of the global secondary metal market. Platform is built on the transparent transaction conditions and fast providing of the unified information and reporting. Remechain reduces costs on all stages of working with a secondary metals for a fast, efficient and safe interaction without intermediaries.

By decreasing the number of intermediaries and transactions and extending the usage of secondary metals Remechain helps to reduce the harmful effect of mining industry on the ecology of the planet.

Remechain is the marketplace based on the blockchain technology for trading scrap metals and decentralized storage of the transactions data

Remechain drastically changes the rules of the game in the secondary metals market. The new exchange makes the work of counterparties completely transparent, eliminates bureaucracy, chaos, and inefficiency. We remove an interlayer from the numerous shadow intermediaries between buyers and sellers, reducing the monetary and infrastructure costs of companies. We create clear and civilized rules of the game. Rejections, fraud, etc. are excluded. , placing in equal conditions all market participants. The decisive competitive advantages are the quality of the work, the name on the market, and customer feedback. Remechain creates a stock exchange of secondary metal scrap. The blocking solution allows you to make the process of entering the market transparent and the same for everyone.

Opponents of the distribution platform

Despite the fact that most market participants benefit from the creation of a decentralized exchange of secondary metals, there are players who will oppose this decision, as it will shake their business. We are talking about shadow players who earn on intermediation, taking advantage of the market closeness, problems with entering it and not knowing the sellers and buyers about counterparties. The second group of players, which will sharply lose in income - scammers, who make money to deceive customers. The use of smart contracts excludes the possibility of forgery and nonpayment for the scrap received.

The business strategy of the Remechain platform provides customers with a fundamentally new way of interaction. The main distinguishing features:

Project development and further scalability The creation of a decentralized exchange of secondary metal scrap is the first step towards an even larger stock exchange that will aggregate supply and demand in the market for all secondary raw materials used for recycling. For example, we are talking about plastic, glass, scrap of non-ferrous and rare-earth metals. It is important to note All tokens that will not be redeemed during the ICO will be destroyed. And more will never be generated additionally. The fixed number of tokens guarantees their buyer an increase in value as the demand for Reмeсhain services increases. The owners of the tokens will be able to pay for them both inside the platform and freely withdraw + exchange them for Fiat + other crypto-currencies on the exchanges. Search for a counterparty The platform offers the user to select a counterparty independently from the existing list, examine the terms of the transaction, analyze the various delivery options and accept it in a few mouse clicks. Remechain in the calculations of the optimal transaction reduces private standards to a unified methodology for assessing the quality of scrap. Common to all the standard of procurement. The platform takes into account the geographical location of the buyer when calculating the optimal transaction. Carries out planning and contracting of delivery due to integration with the logistics block-services



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ICO Details

ICO «Remechain» ICO Start: November 9, 2017

ICO «Remechain» ICO Finish: November 25, 2017

ICO «Remechain» Symbol: RMC

ICO «Remechain» Platform: Ethereum

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