IronBlock is a decentralized platform for machinery condition verification, maintenance services optimization and it guarantees compliance with all the contractual obligations for transactions between participants in the market of construction, mining and agricultural machinery.
The main task of IronBlock is to provide the necessary confidence level in the information about traded equipment so that owners, leasing and insurance companies, as well as buyers around the world, can interact directly without intermediaries, without risks and with significant money and time savings.
IronBlock provides a solution for the two major problems for the global specialized machinery market:
- Machinery condition data - Deals and machinery lookup - Maintenance and machinery condition verification
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Attention. There is a risk that unverified members are not actually members of the team
SummaryOverall, Iron Block is the ICO that plans to aid 1 trillion dollar construction industry. If the project is done well, we can see an increased count of tools being sold and machinery projects being completed. Until then, we’ll have to see how this ICO follows its roadmap!Positives Tech Passport Included: This gives users the ability to look at the maintenance history of a tool. It shows how much work has been completed, date, cost, and other important information. Machinery Quality: Iron Block helps companies obtain high-quality machinery to help them complete projects. It uses smart contracts to prevent hackers and scammers from selling fake/ low-grade tools. Valid Licenses: Iron Block has multiple types of licensing levels which are suited to help small and large machinery companies get the tools they need. Negatives Tool Replacement: How does the system act when a tool is broken or needs to be replaced? Competitors: How will Iron Block compare against its competitors? Will it be able to comply with brick and mortar companies in the long term?
Is this a good choice for investment to you? Yes. IronBlock is a solid company. Even being a start-up, it seems that it already has a solid plan. Another positive point is that there are no red flags or lack of information on the site and all of the members of the company seem to really exist. If you are interested in using the services of the company, purchasing tokens might be an excellent business, but it might still be good even if you are not. This is because this company has the potential to be way more valuable in the future and so will its tokens if everything goes according to IronBlock’s plan, so this could be an investment with a nice return on investment for you. If you are interested in IronBlock, go for it. There are no reasons not to invest in this company if you are interested in its services or if you believe in its potential.
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