PAYMENT disputes are a common source of construction industry conflict. Disputes can have a ripple impact — increasing costs, delaying completion and reducing profits. Etch solves this problem with "smart contract" blockchain technology and IoT beacons. Etch provides a payment infrastructure that we believe will increase construction industry ef- ficiency, reduce conflicts and increase profits for participants. We begin with a brief discussion of the construction payment process. We then describe how Etch facilitates real-time employee payments based on presence at a job-site. We next describe an industry specific "stable coin" tied to escrowed fiat currency, which allows for real-time payments but minimizes crypto-currency exchange risk. We conclude with a discussion of future plans for performance based construction contract payments.
Etch is a shared financial ledger for the construction industry. By putting Etch transactions on the Ethereum blockchain, an immutable ledger of monetary flow is generated. Unlike the current model of payment which is opaque and difficult to understand, Etch transactions can be easily audited.
Attention. There is a risk that unverified members are not actually members of the team
$5 300 000
This offer is based on information provided solely by the offeror and other publicly available information. The token sale or exchange event is entirely unrelated to ICOholder and ICOholder has no involvement in it (including any technical support or promotion). Token sales listed from persons that ICOholder has no relationship with are shown only to help customers keep track of the activity taking place within the overall token sector. This information is not intended to amount to advice on which you should rely. You must obtain professional or specialist advice or carry out your own due diligence before taking, or refraining from, any action on the basis of the content on our site. Any terms and conditions entered into by contributors in respect of the acquisition of Tokens are between them and the issuer of the Token and ICOholder is not the seller of such Tokens. ICOholder has no legal responsibility for any representations made by third parties in respect of any Token sale and any claim for breach of contract must also be made directly against the Token issuing entity listed herein.
If you have any concerns about the nature, propriety or legality of this token sale or the persons involved in it please contact [email protected] with detailed information about your concerns.