Karuschain

Karuschain

Created using Figma
Created using Figma
The Karuschain platform is a tracing and tracking solution for the precious metal industry. The platform enables upstream producers to track precious metal as it travels upstream from its point of extraction. Simultaneously the platform facilitates tracing back to the source of the precious metals.
IEO
Jun 12, 2019
Jun 19, 2019
100% completed
Raised funds - no Data
past
Company Details
Registered Country
Gibraltar
Additional Details
Categories
Platform

About Karuschain

The Karuschain platform uses the Ethereum and Hyperledger blockchains, our implementation of sophisticated smart contracts (chaincode), and the management of key data flows from legacy systems and innovative hardware throughout the precious metals supply chain.

Karuschain platform technology will allow supply chain participants to determine the source of the metal as it flows upstream. It will allow them to track the metal from the source onwards and then for other participants to trace backwards to the source. It will allow a participants’ compliance department to determine what compliance data to store on its private blockchain channel and with whom to share read-only access.

Downstream participants have a clear incentive to connect to Karuschain to meet their compliance and CSR obligations as the available pool of data and upstream producers increases for tracing/cross-checking purposes. They will, as major buyers of the output of upstream companies, exert pressure to open up data flow from upstream in to facilitate source tracing. The demonstrable success by both upstream and downstream participants in meeting their compliance obligations will drive data sharing, platform use, and industry end-user acquisition.

The Karuschain platform will be built on a foundation of a compelling use case. It will evolve into an industry driven ecosystem supporting the greatest possible transparency in the precious metals supply chain/market.

Karuschain Roadmap

  • Q4 2017

  • Blockchain Technology Advisors Stanislav Synko and David Pierini Retained. Compliance and Legal Advisors Law Firm Ellul & Co Retained. White Paper Research Commences.Academics are Consulted. Development Roadmap Finalized. Demo Development Commences. White Paper Writing Begins. Live Demo of Karuschain Released. White Paper Internal Draft Circulated. Robert van der Zalm is hired to be CFO. James McDowell is hired to be COO. Mike Templeman is retained as Marketing Advisor. Company incorporated in Gibraltar. Money Laundering Reporting Officer Appointed.
  • Q2 2019

  • Initial Exchange Offering (IEO) Commences .
  • Q3 2019

  • IEO Ends. Karus Home Office Opens in Gibraltar. Marketing and Business Development is Kicked off. Karuschain Platform Development Begins. Hardwared Module R&D Begins. Proof of Concept (PoC) Partner Announced & Strategic Partnership Signed. Onsite PoC begins.
  • Q1 2020

  • Production Version of Hardware Module is Field Tested.
  • Read More
  • Q2 2020

  • Onsite PoC is Completed. Initial Platform Development is Completed .
  • Q3 2020

  • Hardware Module is Completed.
  • Q4 2020

  • Karuschain Platform is Live.
  • Q4 2021

  • R&D, Hiring, and Development Continues.

Activity

Posts:
27
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Followers:
129
VERY LOW
Likes:
220
VERY LOW
Rating:
5
VERY HIGH
Followers:
413
VERY LOW
Tweets:
41
VERY LOW
30 Days Growth:
113
Members:
23
VERY LOW
30 Days Growth:
4

Karuschain Team

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Richard Verkley
Chairman and CEO
unverified
James McDowell
COO
unverified
Robert van der Zalm
CFO
unverified
Bruce Wilkinson
Chief of Staff
unverified

Advisors

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Kisok Kim
Korean Executive Director
unverified
Stanislav Synko
Blockchain Technology
unverified
David Pierini
Blockchain Technology
unverified
Professor Jim Porter
Consulting Engineer
unverified

4 ICO

$15 076 980

Mike Templeman
Marketing Strategy
unverified

5 ICO

$7 040 000

Marc X. Ellul
Legal and Compliance
unverified

2 ICO

$13 193 140

Luciano Pesci
Economic Advisor
unverified

Karuschain Last News

N/A
5.0 16
IEO Profile Vision Activity Potential Product Team
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