FactR
About FactR
Blockchain is a shared, distributed ledger that facilitates the process of recording transactions and tracking assets in a business network. With traditional methods for recording transactions and tracking assets, participants on a network keep their own ledgers and other records in systems that do not always integrate. It is clearly inefficient due to delays in executing agreements and the duplication of effort required.
Distributed Ledger
By using a Distributed Ledger, your data is secure, decentralized, and enables partner integration and peer-to-peer replication
Smart Contracts
Permission based semi-private Smart Contracts allow for your business relationships and partnerships to be mirrored
Instant Settlement
FactR means that you get paid fast, like, right away! Pay less factoring fees and lower your receivables overhead.
Automation
Our Intelligent TMS, and integrated App make the entire end-to-end process as hands-off as possible. Easy is good.
FactR Roadmap
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Complete Technical Design (TMS/Hyperledger/Stellar)
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Complete Technical Design (TMS/Hyperledger/Stellar) of the logistics platform, smart contracts, escrows, token assignment/creation/burn and settlement via finance partners
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Complete Token Creation
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Create and publish/establish tokens for investemnt and utility within escrow create/transfer/burn processes on the platform and wallet.
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Complete APIs and SDK
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Complete APIs and SDK development, testing and deployment
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Development (ICO) - Need KYC/AML Mechanism for RoadLaunch/FactR
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Development (ICO) - Need KYC/AML Mechanism for RoadLaunch/FactR.
Develop and integrate KYC/AML functionality -
Development - Mechanism for semi-automated token purchase/sale
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Development - Mechanism for semi-automated token purchase/sale
Provide users with a way to purchase/sell tokens directly from platform and wallet / SDK -
Development - Develop secure transaction wrapping and chain of custody
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Development - Develop secure transaction wrapping and chain of custody
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Development - Mobile app changes for digital wallet
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Update Mobile App with FactR wallet, other needed changes for SDK and multi part usage
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Development - Integrate FactR SDK and associated community for partner/developer community
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Build out multi language SDK for FactR wallet to be used in multi-industries (new wallets for new app and other applications)
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Integrate with RoadLaunch Hyperledger/Platform
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Integrate with RoadLaunch Hyperledger/Platform - Milestone for the TMS, Hyperledge to be able to invoke FactR wallet
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Test Transactions / Settlement flow
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Testing the workflow and transactions of the TMS & FactR wallet
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User Acceptance Testing
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User Acceptance Testing - UAT formal acceptance and signoff
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Support technical migration and Go-Live
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Post UAT, document and plan technical code migration for Go Live
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Upload Wallet code to GitHub / Code Sharign for partner use to production go live
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Provide all source code for RoadLaunch and FactR as updated/developed for approved partners
Activity
FactR Team
Verified 50%
Attention. There is a risk that unverified members are not actually members of the team
Advisors
Verified 33%
Attention. There is a risk that unverified members are not actually members of the team
FactR Interviews
As of Monday July 30th, RoadLaunch and its FactR solution have now been listed on the IBM Marketplace for Intelligent & Blockchain Digital Freight:
https://www.ibm.com/us-en/marketplace/roadlaunch--blockchain-logistics
In addition, I recently posted an article about RoadLaunch and its new FactR utility token on LinkedIn, which captures the business benefits of the FactR solution nicely:
https://www.linkedin.com/pulse/roadlaunch-factr-new-strategic-partner-cargocoin-steve
As you can see, thanks to our recent Trans-Atlantic partnership with CargoCoin in the UK (mentioned in the article), we are now very well positioned for any outcome Brexit has to offer!
Further, the ongoing NAFTA re-negotiations and China’s massive Belt & Road infrastructural initiative, would all benefit from this solution.
It’s rare that so many global opportunities to grow a platform present themselves for a new innovation at a similar time. FactR will help bring order to the growing complexity and chaos of international trade!
FactR Reviews
Strong Commercial project. International team with record in data, freight and tech. It is clear that the freight industry requires blockchain and FactR may be of key importance should they execute on their product well.
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