SilkChain

SilkChain

Created using Figma
Created using Figma

Last Update

May 7, 2018

Silkchain ICO In recent years, globalization has evolved at four major stages: product globalization.As a form of dominant interaction among states, international trade has undergone rapid digitization. Since the WTO has reduced barriers to international trade in the past few decades, the emergence of the Internet reduced the asymmetry of information in various countries.The total import and export value of the world reaches 31.15 trillion dollars in 2016, which is equivalent to the sum of GDP of China and the United States.
Sale
Aug 1, 2018
Aug 30, 2018
100% completed
Raised funds - no Data
3.2 K
Goal 74 527 500 USD
Cap 74 527 500 USD
past
  • 1 SILK
    =
    0.04 USD
PRE-SALE
Jun 7, 2018
Jul 31, 2018
100% completed
Raised funds - no Data
3.2 K
past
  • 1 SILK
    =
    0.04 USD
Token Details
Ticker
SILK
Total supply
10,000,000,000
Token Distribution
25% - Fundraising
25% - Ecosystem incentive fund
20% - Founder and Develper Team
20% - Business and community consortium incentives
10% - Foundation Discretionary
Accepted Currencies
ETH, BTC
Additional Details
MVP/Prototype
Yes
Platform
Ethereum
KYC
Yes
Categories
Platform, Retail

About SilkChain

In recent history, globalization has evolved over four major stages: commodity globalization, capital globalization, information globalization and data globalization. As a dominant form of interaction between nation states, international trade is undergoing rapid digitization. As the WTO has lowered the barrier for international trade in the past decades, the emergence of the internet has reduced information asymmetries across countries. These two factors have contributed chiefly to the rapid growth in international trade. According to figures, in 2016, the total global import and export has reached USD 31.15 trillion, is equivalent to the combined GDP of China and the United States. A global trade system with unprecedented size and scope has emerged as a result.

Unfortunately, crucial obstacles still persist in four critical aspects in the current trade system: business flow, goods flow, capital flow and information flow. Lack of fundamental improvements in these four areas has become a drag on the growth of international trade.

1. Business flow —— high cost of trust and credit building between parties.

2. Goods flow —— high cost of tracking the entire supply chain, and difficult to accurately and reliably trace the source of goods.

3. Capital flow —— Long cross-border settlement period, lack of cost effective financial support system, which is of particular importance to small and medium-sized companies.

4. Information flow —— fragmented trade information and centralized service platforms.

SilkChain Roadmap

  • Q1 2018

  • Silkchain whitepaper issued for Ethereums ERC-20 protocol based token offering.
  • 2018Q2

  • Launch of SilkChain 1.0 Testnet, supporting sBFT consensus, reaching 500 tps
  • Q3 2018

  • Silk TestNet comes online. Set up first trade contract on the Silkchain in the Middle East, Southeast Asia, and Central Europe region, and start cooperation with third-party service providers on credit info gathering.
  • Q4 2018

  • Silk MainNet comes online. SilkChain sets up in Bahrain and Saudi Arabia;Launch of SilkChain 1.0 Mainnet, supporting multi smart contract tiers, integration of CryptoApps, more pluggable consensus mechanisms, reaching 2000 tps
  • Read More
  • Q1 2019

  • Official Native client, web client, and BlockBrowser comes online. Silkchain continues to expand in South East Asia,Indonedia and Thailand, In North America, Other regions.
  • Q2 2019

  • Establish cooperation with Bahrain Bank on credit system and start servicing direct trade. SilkChian to set up global digital credit blockchain service alliance. Promote business cooperation with more international chambers of commerce. SilkChain2.0 released.
  • 2019Q4

  • Launch of SilkChain 2.0, reaching 10000 tps;Launch of BaaS platform

Activity

Status:
Newbie
VERY LOW
Activity:
168
MEDIUM
Merit:
0
VERY LOW
Posts:
176
LOW
Views:
1 459
LOW
Posts:
219
MEDIUM
Followers:
79 484
VERY HIGH
Likes:
79 631
VERY HIGH
Rating:
4.60
VERY HIGH
Reviews:
21
LOW
Followers:
3 143
MEDIUM
Tweets:
4 248
VERY HIGH
Members:
91 723
VERY HIGH
Alexa
Rank:
479 551
MEDIUM
Delta:
21 828
Year commits:
1 433
Watchers:
21
Stars:
11
Forks:
1
Open issues:
0

Materials

Team

Verified 13%

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

Executive Vice President
unverified
Member
verified
Chief Architect
unverified
Principle Architect
verified
Senior Architect
unverified
Product Specialist
unverified
Chief Product Manager
unverified

Advisors

Verified 0%

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

2 ICOs

$1 000 000

Advisor
unverified
Foundation Advisor
unverified

Former members

Francis Liu
Vice chairman
Simon Ngan
Vice chairman
Alaric TC Lai
Member

SilkChain Interviews

Duong Nhu Thang
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Very sensitive problem to solve and a really good vision of how to tackle it.
Rosbit Xu
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I'm the Principle Architect of the project. Our SilkChain is the first blockchain project dedicated to improving international trade and our team involves in B2C ecommerce, B2B trading, and B2B business opportunity matchmaking platform for more than ten years. Good idea and good team.

Last News

N/A
5.0 2
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