Development concept
sesame token concepts represents an easily scalable feature-rich platform that complements services provided by the traditional financial, legal, insurance and logistical institutions, and expands and enhances their capabilities, providing ways for additional cooperation between the platform and traditional businesses.
Technology
Sesame token will provide a peer-to-peer network of associated nodes based on Ethereum blockchain. Each node stores a complete copy of the sesame token blockchain. These nodes are provided in the architecture of a private, as well as an open blockchain structure to maximize the protection against unauthorized modification of data.
Structure
Sesame token project will include creation of several base functions, such as smart contract initiation, payment processing, digital ID support and others, necessary to conduct efficient and inexpensive commercial transactions between system participants.
Transparency
Transparency ensures accountability. All participants in the supply chain will have information about each other and can easily trace and track food supplies. This creates a singular platform and allows participants to find better suppliers/buyers as well enable better communication to improve the overall supply chain and improve efficiencies.
Safe And Secure
All transactions are secured, accountable and traceable. In addition, using smart contracts, all buyers/sellers can negotiate deals and receive timely payments to improve their cash flow cycles.
Reliability
Because the system is based on smart contracts, no one in the supply chain has to depend on each other. All transactions will be executed without the need to enforce “trust.”
