EndChain is a patent-pending blockchain utility company that is focused on bringing mass adoption of blockchain tracking to all markets. Our patent-pending QR and barcode combination allows EndChain to have 2 distinct advantages in this market: (1) integration, legacy systems and the blockchain update at the same time (2) price at the fraction of current NFC chip solutions.
Development of EndChain concept
Whitepaper v1 completed design process flow
Discussions with patent lawyers
(1) First working version of the unique EndChain QR code/barcode (2) Different versions being tested for efficiency
(1) Launch of www.EndChain.io (2) Release of a finalized EndChain Whitepaper
(1) Setting up ICO and reaching out to potential partners (2) Obtain patent pending status
Start token crowdsale (GMT+8, 01:00, 1 Dec 2018)
(1) Finish of crowdsale (GMT+8, 01:00, 15 Jan 2019) (2) Token distribution following internal and external audit
(1) Develop beta smart contract library (2) Basic KYC framework development (3) Prepare strategic partners for early adoption
(1) Direct communications infrastructure (2) Create API for easy use of our system
(1) Complete test platform for contracts (2) Alpha-testing of Minimal Viable Prdoduct through existing app with leading partner
(1) Beta testing of the app, roll out beta to a more partners (2) UI and UX improvements to app
(1) Discuss with beta testing users and update app based upon suggestions (2) Improve app functionality and backend integration
(1) Improvements for fraud reporting and allocation (2) Train AI to recognize patterns in fraud
Full version of app launch
(1) Big data analytics opens (2) Further development and features to be announced
We have been focusing a lot on the product as opposed to marketing for the ICO and / or a big social media presence. This will eventually set us apart from the competition. Most outstanding would be the following four points:
(1) Patent pending: We have submitted the patent for our integrated QR/barcode combination in October 2018. The ID: 16104317. Like most US patents, this will also not receive final review for at least another 2 years. However, this will not hold or slow our plans
(2) We have a product; We finished writing the code for our Beta of QR/barcode scanner written. This has been a major breakthrough on the coding front. It still needs to be fine tuned, but it’s a first working version of our product.
(3) Chinese Factory Relationship: We have a partnership with Ming Kee Ltd electronics factory in Ningbo, North Eaast China. http://pms-mingkee.com.cn Once the beta tests are successful and integrated into an APP, we can design and start first real scenario testing on real products from the factory.
(4) Smart contracts: Our Smart Contracts for the ICO have been written and can be seen on GitHub and excerpts are also available on our website.
Aaron Perkowitz (CEO) and Pierre Angot (CTO) have been long time friends. They met over 4 years ago during their postgraduate studies in Shanghai at one of the country’s most renown universities. After graduation Aaron ventured into the Logistics arm of one of the biggest privately owned Chinese conglomerates, HNA. Pierre focused on his Tech abilities, deepening his AI knowledge and becoming a Blockchain advocate. However, the two have been in close contact ever since. Other key team members such as Eileen Chen and Vasil Dukov have been friends and/or work colleagues with the two from their respective times in China.
We take all challenges seriously, however if we had to point out 5 in particular, it would be
(1) Patent running out: We are very positive about the award of the patent. So, once the patent is awarded, the patent’s time limit is definitely a challenge. It gives us a finite amount of time to penetrate the market before competitors can use our invention and copy us. However, our roadmap prepares us well to have a speedy roll out of our product and build up barriers of entry.
(2) Developers: Finding good developers Is always a challenge. Especially blockchain developers are a rarity. We fear that the search for new developers might slow our growth ambitions down. We are confident that our network within the developer scene is strong and will provide us with a steady supply of new talent, especially through our connections to academics, which taps us right into the source.
(3) Data base structure: We are dealing with massive amounts of data for the implementation of our big data feature. For this we need a smart data structure. We were lucky to secure Josh Tipping, CTO of iCITA and partner of Huawei Cloud Data Centre to support us with his knowledge in this challenge.
(4) Scalability: Like with most products scalability is a potential bottleneck. Our lean product structure however, enables us to quickly scale, as no hardware, NFC chips or the like is required.
(5) The unknown: The biggest challenge is the unknown. “You don’t know what you. don’t know”. However, the EndChain management team of Logistic and Tech professionals is most confident to weather also unexpected tubulences.