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ICO NameKaruschain
SymbolKRS
Start DateJanuary 14, 2020
End DateFebruary 14, 2020
CountryGibraltar
PlatformEthereum
Ends
5 Months ago
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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.

Want to learn more about the factors and parties that must be considered when building a blockchain solution? Read on for more insights from the Karuschain team http://ow.ly/3Bit50ABeoN #blockchain #mining #miningtechnology #blockchain technology

Learn what the Karuschain team believes the industry application for the WEF’s Presidio Principles is within the current stage of #blockchain development. #blockchaintechnology #mining #miningtechnology https://bit.ly/3e7Cz1I

The WEF have released 3 ways businesses can find growth opportunities in today's new world http://bit.ly/2YTZbNT #covid19 #Innovation #blockchaintechnology #miningtech

Exciting developments for #technologyinmining as multinational #mining titan BHP Group expects to complete its first #blockchain iron ore transaction with China’s Baowu Steel Group’s listed arm, Baosteel #miningindustry #industrialrevolution4.0
https://cointelegraph.com/news/mining-titan-bhp-to-use-blockchain-for-iron-ore-sales-to-top-steel-producer

Check out this great video of Karuschain live from the Nasdaq with Richard Verkley and Robert van der Zalm explaining the importance of #blockchain for the #miningindustry
https://www.youtube.com/watch?v=yrZKx-L3SZs&feature=youtu.be

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Price0.1000 USDSale500,000,000Payment ModeETH, BTC
Minimum InvestmentN/ADistribution65%RaisedUnknown
Soft CapN/AHard Cap10,000,000 USD
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