Getting Rid of Paper Receipts Once and For All!

Those awful sheets of paper that clog up your pockets and end up all over everything! How can we stop this tyranny!  Are we slaves to this paper. Must we file it and transport it all over the world? Millions are trees and millions of gallons of oil are turned into receipts so that we ultimately throw them in the garbage! Wouldn't it be amazing if all our digital filing was done for us and all those precious trees saved at the same time? This is one of the reasons I am creating ReceiptCoin. 

ReceiptCoin is an enhanced digital receipt injected into the BlockChain that only the current owner can edit. ReceiptCoin is a Smart Contract standard much like the ERC20 token. It is the REC10. Using IPFS, State channels, and dumb contracts we can implement images, document proof hashes, any supplementary data to define the identity of an item or purchase. The difference with ReceiptCoin is that we are creating a public standard. 

Every other logistics tracking and supply chain company in the block chain space is buys creating more siloed system. What we need are standards. The REC10 will be implementable in any application and even Ethereum wallets themselves. The documentation of goods as begun! ReceiptCoin is not a traditional ICO because we have no funding goals pre-defined time frame or cut off solely to entice speculators. ReceiptCoin is about finishing and building technology, not creating speculation.

The other main consideration of ReceiptCoin is the BlockFile app where consumers will be able interact with the blockchain directly bringing the blockchain to the people! Anyone should be able to create Receipts for their goods. Anyone should be able to track and trade their goods again and again. This is the purpose of the ReceiptCoin token to help end users add digital records to the block chain to encourage the re-use and tracking of the products we already have. To purchase ReceiptCoin on pre-sale please visit https://www.receiptcoin.io/buy.

Please also read our whitepaper. Thank you steemit!

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