VOLUM, A well trusted platform for all your supply chain needs
There are many categories of business around the world. Holding companies are part of this. They are into owning shares of other companies stocks. They've been around for decades and helped to pull lots of business from bankruptcy. VOLUM, a technology-based blockchain-era holding company formed by Bengala Technologies, LLC and International Spirit and
Beverage Group (ISBG) falls in this category. Each member of this company has extraordinary track records in what they do.
The blockchain is making a lot of beneficial changes in companies especially the fintech industry. A holding company like VOLUM is not left behind in this revolution. Its design is to bring a disruptive logistics and supply chain solution to a variety of industries. It plans to leverage the $391 billion income generated annually by the alcoholic beverages industry. Also, tapping into the $1.4 trillion global advanced energy market is one of its aims.
The platform has its base in the ethereum blockchain, one of the wildly use blockchain at this because of its security and fast transactions. VOLUM has it's native currency - VLM, a mined coin that uses smart contracts for the settlement of a wide range of transaction types between ecosystem users.
How things work on the platform
The principle employed here is simple and straight forward. VOLUM performs extensive analysis and vetting to find perfect best companies for its platform. The team uses their field experiences to find potential customers who are ready to do business with seriousness. The selected companies will be allowed to join the platform and use all the services available to them. On top of that, they get to enjoy some of the unique features and bonuses the platform provides.
The platform
The blockchain itself is a complex structure which is difficult to understand especially to newbies. VOLUM hides the complicity and present to users a user-friendly interface. Business companies who users this platform will have ease of mind and absolute security.
The platform will run on the etherium blockchain allowing information to be decentralized and easily accessible and capable of fully executing a smart contract. The VLM tokens will be the main native currency that will act as utility tokens on the platform.
The business owners can do a lot more with the great features on the platform. The platform offers companies to track, route, identify, and source, all the data activity that happens on their supply chains. This feature is not available in the most traditional supply chain. Even if it is available the means to run it is way expensive as compared to the blockchain. Data security is high on the platform and information are immutable allowing business to check transactions later when the whole supply is complete.
Keeping information on the platform is not a problem. Small size companies can move to the international level with ease since the platform is scalable to meet their current needs.
Other awesome benefits a user can enjoy on the platform are Payments, Rewards, Purchase Orders, Legal Contracts, Regulatory Compliance Taxation, Shipment Management, Letters of Origin
Customs Documents, Inputs/Outputs and Inventory Ordering, Delivery/Parcel Tracking, IoT Monitoring and Reporting, Big Data Analytics Inputs and End-Product Tracking/Traceability
My take
VOLUM presents a whole new revolution in the Holding industry. The features introduced here are great and are the real solutions to the current holding industry's challenges. I like the team to handle this project because of their good track records. Success is high here if the initial aims of the project are followed.
Useful information can be found in the links below
website Whitepaper Telegram
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