Swachhcoin is Here to Help
Introduction
Hi dears, another interesting project is being started. First of all, for who missed the previous entry, what's a cryptocurrency? To be fast and concise, it is a digital medium of exchange. And the next question would be... What's your use? It is also easy to guarantee the security, integrity and balance of your financial statements by means of a network of agents (segmented file transfer or multisource file transfer) that verify (untrust) each other called miners, which are, for the most part, general public and actively protect the network (the web) by maintaining a high rate of algorithm processing, in order to have the opportunity to receive a small tip, which is distributed randomly. All this racket of cryptocurrency has been increasing exponentially, however, most people know nothing about how blockchain technology works, what a smart contract is and how it could be used. For this very reason, I will first of all carefully introduce this type of blockchain technology. The blockchain is a decentralized general ledger. It is a computer network that has an identical copy of the database and changes its status (records) to a common agreement based on pure mathematics. All this means that there is no need for any central server or any entity we trust (e.g. central bank, notaries, banks, Paypal, etc.). The blockchain is the technological basis for all cryptocurrencies, whether Bitcoin, Ethereum, Hyperledger, etc. An important part of the blockchain is the smart contracts, a piece of code that is stored in the blockchain network (in each participant's database). It basically defines the conditions to which all parties using the contract agreement. Therefore, if the required conditions are met, certain actions are executed. Because the smart contract is stored on all computers on the network, everyone must run it and get the same result. This way users can be sure that the result is correct.
After this brief introduction to the broad topic of Blockchain and Smart Contracts, we can already see that this technology opens many doors to new decentralized businesses and eliminates the need for expensive third parties. Many new companies are now working on this technology, and large companies are testing it in closed networks to collaborate directly with each other without the need for intermediaries. For that reason, there is a lot of projects that are starting to use this new technology. However, not all of them are worth it. We have to read well what each project is dedicated to, what is its whitepaper, its qualified advisors, etc. As I said, blockchain technology has gained popularity due to the hype about cryptocurrencies which has shaken many startups to launch their own cryptocurrencies even without convincing fundamentals. This trend has emerged because new entrants have been agiler in adopting emerging technologies compared to incumbents who are hampered by legacy systems. However, this competitiveness and this advantage enjoyed by the new players may be short-lived, as no economies of scale are taken into account.
The existing waste management industries are becoming in a technological crisis. For this reason, the project I am going to present you is Swachhcoin a non-profit organization whose primary objective is to work extensively to overhaul the waste management sector by acting as a complete technology developer and service provider in this domain.
As I said before, SwachhCoin (SCX) (https://swachhcoin.com/) is a unique attempt driven by a chain of blocks - so called blockchain (the technology I mentioned before) - to micromanage waste from homes and industries and efficiently convert them into useful products. These products, at the end of the process, will have a greater economic value. The team intends to delve into the field of green energy, fertilizers and gases that generate energy from now on. But given the rapid progress of fundamental research on efficient product conversion, the team hopes to adapt and improve existing work technology.
The main objective of Swachhcoin is to perform a sustainable business project, and also solving a humanitarian problem through an integration of modern technology to managing waste resources. Apart from that, the Swachhcoin team also aims to develop a revolutionary model platform to interrupt the waste management sector using advanced and advanced technologies such as IO, Adaptive Intelligence, Big Data and Blockchain for existing waste management companies, in which waste taxpayers households are rewarded for the waste they produce and which, ultimately, become products of high economic value.
SwachhCoin makes this possible through the ingenious design of subclassifications including SWatel (Swachh Adaptive Intelligence), SWata (Swachh Big Data), SWIoT (Swachh Internet of Things), SWbin (Swachh Bin) and SWapp (Swachh App), making the whole process easy and hassle-free for the customer.
- SWatel makes use of adaptive intelligence technology to make intelligent use of available resources in the most efficient way possible.
- SWata is an automated Big Data application that will automatically enable the integration of modern advanced methods during the collection, distribution and transport of waste.
- SWIoT is a carefully developed and customized application.
- SWbin is a customized waste bin designed by SwachhCoin.
- SWapp is the application for all users with SCH Wallet integration, secure payment system, Token credit system and unique user identification.
How Swachhcoin system works
Roadmap
| Date | Events |
|---|---|
| Q2 2016 | Idea Conceptualisation. |
| Q3 2016 | Techincal Study and Survey. |
| Q4 2016 | Market Survey and Brainstorming. |
| Q1 2017 | Internet of Things, Adaptive Intelligence and Big Data Integration into the platform. |
| Q2 2017 | SWIot, SWaTel, SwaTa, SwBin Conceptualisation and Development . |
| Q3 2017 | Testing in market conditions, feedback and improvement . |
| Q4 2017 | Collaborations with technical advising partners. |
| Q1 2018 | ICO Announcement, ICO Campaign targetting Social Media, Blockchain Development . |
| Q2 2018 | Presale, Main ICO, Token Distribution, Market Recognition and Expansion Strategy. |
| Q2 2018 -Q1 2019 | Platform develpment, Alpha release, Overall system Integration, Industry tie-ups . |
| Q2 2019 | First platform deployment in the industry. |
Airdrop
The project gives the opportunity to earn Swachhcoin (SCX) performing some social media tasks and doing simple steps from the bounty program explained into this Bitcointalk Platform. Here (https://bitcointalk.org/index.php?topic=3047261.0) you can access the link in order to see what are the conditions to become an early SCX contributor and start acquiring tokens.
Doesn't that sound interesting? If you are interested in this airdrop or basically in the ICO, you can read their Whitepaper here (https://swachhcoin.com/overview.pdf). You can also stay tuned in their official Telegram group (https://t.me/swachhcoin). I hope you liked the post and soon I'll send you new ones.
Extra details
Token: GBTC
Platform: ETH
Type: ERC-20
PreICO price: 1 SCX = 0.04 USD
ICO price: 1 SCX = 0.075 USD
Tokens for sale: 276,000,000
Author Details
Email: [email protected]
BountyHive username: atlethic
Telegram username: @clauming
Bitcointalk username: adriaparcerisas
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1870482