THELOGICALINDIAN - Aiming to abate the Ukrainian abundant industrys assurance on adopted acceptation Armor Ceramics has appear the development of a blockchainbased band-aid that cuts assembly costs through bacteria and added able commitment of calm production
Home to one of the better affluence of adamant ore in the world, Ukraine is additionally a top 10 metal producer. With its all-inclusive accumulation of raw actual all-important for the assembly of automated adverse material, Ukraine has the abeyant for calm production.
However, 30% of accepted adverse abstracts and 60% of adverse ceramics are imported, forth with 20% of all molded products, apery a cogent gap in bounded assembly yet to be filled.
A accessory of Savex Minerals Enterprise (Ukraine), Armor Ceramics is developing a affection ascendancy and tracking arrangement that will accommodate the way the industry deals with refractories, which is a awful approved afterwards artefact in the civic abundant industry sector.
Current estimates acknowledge that over bisected a actor bags of adverse articles are awash aural Ukraine every year, with appeal for ascent steadily. Currently, these needs outstrip bounded production, with the industry relying heavily on adopted acceptation to amuse demand. However, this entails college costs associated with carriage and continued commitment times.
Through the accomplishing of a blockchain-based solution, Armor Ceramics looks to ample a third of all imports by befitting to beneath commitment times and blurred assembly costs by 15 to 20 percent.
Another affair relates to the abridgement of admission to accurate and absolute sources of abstracts on manufacturers and their products. In worse case scenarios, the use of poor-quality articles can advance to capricious consequences. Through an affected use of industry and blockchain innovation, users can clue and trace the history of origins of articles and manufacturers after accepting to await on third-party auditors and inspectors.
Dubbed “SupChain”, the company’s band-aid appearance avant-garde technology that stores, maintains and accesses refractories abstracts on the Ethereum blockchain protocol. Users of the SupChain arrangement can admission assembly abstracts and abstruse indicators while acceptance them to accommodate acknowledgment on the affection of supplied abstracts and accomplish suggestions for improvements.
For the aboriginal time in the industry, participants will be complex in an accessible action that is quick and inexpensive. This absolute alternation amid suppliers and barter will aftereffect in a seamless and reliable affection ascendancy process.Over time, all the advice accumulated in the arrangement will represent a transparent, current, frequently adapted advertence account for companies. This replaces an big-ticket arrangement of third-party audits and inspections that can be accessible to bent and exploit.
Armor Ceramics is now in the bosom of a pre-ICO appearance to accession the funds bare to complete new calm assembly systems. Participants may acquirement ACR tokens, which will represent proportional shares of the company’s profits, which is planned for administration as account dividends, alpha 22 months afterwards the cessation of the ICO, according to absolute banknote breeze estimations.
From now until 30 November 2024, aboriginal contributors will adore a 35% benefit on ACR tokens awash at a abject amount of $1 each. Once the pre-ICO has concluded, its achievement will actuate the adamantine cap for the capital accessible ICO. If successful, the action predicts a best abeyant of up to $250,000 in profits monthly. Tokens do not admission voting rights in the administration of the company.
Armor Ceramics is a accessory of Savex Minerals Enterprise (Ukraine) – a abiding supplier to metallurgical and ore-dressing plants. It is led by a aggregation of actual assembly veterans and backed by an advising aggregation that includes Vladimir Primachenko, Director at the Ukrainian Research Institute of Refractories.
To apprentice added about Armor Ceramics and its’ ICO, appointment the website and apprehend the whitepaper.
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