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Karuschain
Platform

Karuschain

Platform

Karuschain is a tracing and tracking solution for the precious metal industry. The platform enables upstream producers to track precious metal as it travels upstream from its point of extraction. Simultaneously it facilitates tracing back to the source of the precious metals.

Sale ended 14 February 2020
01 Jan 2020 - 14 Feb 2020
IEO Details
Hardcap:
10,000,000 USD
Token Price:
0.1 USD
Total Supply:
500,000,000
IEO Supply:
300,000,000 (60%)
Accepting:
BTC, ETH
Whitelist/KYC:
Whitelist & KYC
Country:
Gibraltar
Token Details
Token Platform:
Ethereum
Token Holders:
122
Token Transfers:
151
Token Explorers:
Coin Details
Ticker:
KRS
Share This Page
To The Moon 🚀🌕
ROI Price Market Cap Sale Supply Fully Diluted Market Cap
x1 $0.1 $30,000,000 $50,000,000
x2 $0.2 $60,000,000 $100,000,000
x3 $0.3 $90,000,000 $150,000,000
x4 $0.4 $120,000,000 $200,000,000
x5 $0.5 $150,000,000 $250,000,000
x6 $0.6 $180,000,000 $300,000,000
x7 $0.7 $210,000,000 $350,000,000
x8 $0.8 $240,000,000 $400,000,000
x9 $0.9 $270,000,000 $450,000,000
x10 $1.00 $300,000,000 $500,000,000
x15 $1.50 $450,000,000 $750,000,000
x20 $2.00 $600,000,000 $1,000,000,000
x25 $2.50 $750,000,000 $1,250,000,000
x50 $5.00 $1,500,000,000 $2,500,000,000
x100 $10.00 $3,000,000,000 $5,000,000,000
x1000 $100.00 $30,000,000,000 $50,000,000,000

The global trade in precious metals touches every part of modern life. It spans the gamut of uses, from jewellery creation to being a key input in the manufacture of servers, smartphones, laptops, and electric cars. The precious metals supply chain lacks the targeted transparency necessary to satisfy its participants, consumers, and regulators. Increasingly, consumers demand to know about the source of the precious metals in the products they consume. This desire has translated into a complex body of compliance obligations for the precious metals industry.

The Karuschain ecosystem is a blockchain-based system that will allow every participant in the precious metals supply chain to track and trace both inputs and outputs and will enable true and full compliance with regulations like the OECD’s responsible sourcing guidelines. It will allow companies to meet compliance regulations with full control over the data they provide while enabling real time audits.

Karuschain will solve these key industry challenges

  • Compliance with OECD (Organization for Economic Cooperation and Development) and LBMA (London Bullion Market Association), responsible sourcing guidelines and due diligence (and their derivatives).
  • Downstream companies’ CSR (Corporate Social Responsibility) obligation in Electronics and Jewellery.
  • Provision of real time audit ability for industry auditors.
  • Downstream product end-user proof-of-ownership (bullion, etc).
  • Removal of industry data silos to provide improved data for traders.

Karuschain uses the Ethereum and Hyperledger blockchains, our implementation of sophisticated smart contracts (chaincode), and the management of key data flows from legacy systems and innovative hardware throughout the precious metals supply chain.

Karuschain will allow supply chain participants to determine the source of the metal as it flows downstream. It will allow them to track the metal from the source onwards, and then for other participants to trace it backwards to the source. It will allow a participant’s compliance department to determine what compliance data to store on its private blockchain channel and with whom to share read-only access.

Our mission is to create valuable and targeted transparency for every participant in the precious metals market and supply chain. Our founder has experienced the need for a technological mechanism that promotes transparency while running businesses in the precious metal extractive industry and acquiring precious metal for investment/value storage purposes. We strongly believe that blockchain technology and its core advantages over conventional systems form the foundation of Karuschain’s ability to reforge the complex, multinational precious metal supply chain.

Richard Verkley
Chairman, CEO
Involved in 1 project
James McDowell
COO
Involved in 1 project
Robert van der Zalm
CFO
Involved in 1 project
Bruce Wilkinson
Head of Investor Relations
Involved in 1 project
Nicky Lawlor
Relationship Manager
Involved in 1 project
Tim Lindberg
Head of MLRO & Compliance
Involved in 1 project
Advisors
Stanislav Synko
Involved in 1 project
Marc Ellul
Involved in 1 project
Per Jirstrand
Involved in 1 project
Carl Amon
Involved in 1 project
Herbert Sim
Involved in 1 project
David Pierini
Involved in 1 project
Luciano Pesci
Involved in 1 project
Jim Porter
Involved in 1 project
  • Q1 2018

    Development of product roadmap

    Phase 1 live demo released

    Private sale completed

  • Q3 2019

    ProBit IEO goes live

    LATOKEN IEO goes live

    Phase 2 of live demo released

    Beta campaign is launched

  • Q4 2019

    Karuschain platform development begins

    Proof of Concept partnership announced

    KRS tokens are listed on ProBit and LATOKEN

  • Q1 2020

    Client onsite PoC begins

  • Q2 2020

    Onsite PoC completed

  • Q3 2020

    Graphical User Interface continues to evolve based on client’s preferences

    API integration and Custom Smart Contracts

    R&D, hiring, and development continues into 2021

Source
Rating
4.4 / 5
TrackICO 404
4.6 / 5
Average
4.3 / 5
Other Websites
Ratings has been aggregated in date 08 January 2020
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Platform

Karuschain

Karuschain is a tracing and tracking solution for the precious metal industry. The platform enables upstream producers to track precious metal as it travels upstream from its point of extraction. Simultaneously it facilitates tracing back to the source of the precious metals.

Sale ended 14 February 2020
01 Jan 2020 - 14 Feb 2020
To The Moon 🚀🌕
ROI Price Market Cap Sale Supply Fully Diluted Market Cap
x1 $0.1 $30,000,000 $50,000,000
x2 $0.2 $60,000,000 $100,000,000
x3 $0.3 $90,000,000 $150,000,000
x4 $0.4 $120,000,000 $200,000,000
x5 $0.5 $150,000,000 $250,000,000
x6 $0.6 $180,000,000 $300,000,000
x7 $0.7 $210,000,000 $350,000,000
x8 $0.8 $240,000,000 $400,000,000
x9 $0.9 $270,000,000 $450,000,000
x10 $1.00 $300,000,000 $500,000,000
x15 $1.50 $450,000,000 $750,000,000
x20 $2.00 $600,000,000 $1,000,000,000
x25 $2.50 $750,000,000 $1,250,000,000
x50 $5.00 $1,500,000,000 $2,500,000,000
x100 $10.00 $3,000,000,000 $5,000,000,000
x1000 $100.00 $30,000,000,000 $50,000,000,000
IEO Details
Hardcap:
10,000,000 USD
Token Price:
0.1 USD
Total Supply:
500,000,000
IEO Supply:
300,000,000 (60%)
Accepting:
BTC, ETH
Whitelist/KYC:
Whitelist & KYC
Country:
Gibraltar
Token Details
Token Platform:
Ethereum
Token Holders:
122
Token Transfers:
151
Token Explorers:
Coin Details
Ticker:
KRS

The global trade in precious metals touches every part of modern life. It spans the gamut of uses, from jewellery creation to being a key input in the manufacture of servers, smartphones, laptops, and electric cars. The precious metals supply chain lacks the targeted transparency necessary to satisfy its participants, consumers, and regulators. Increasingly, consumers demand to know about the source of the precious metals in the products they consume. This desire has translated into a complex body of compliance obligations for the precious metals industry.

The Karuschain ecosystem is a blockchain-based system that will allow every participant in the precious metals supply chain to track and trace both inputs and outputs and will enable true and full compliance with regulations like the OECD’s responsible sourcing guidelines. It will allow companies to meet compliance regulations with full control over the data they provide while enabling real time audits.

Karuschain will solve these key industry challenges

  • Compliance with OECD (Organization for Economic Cooperation and Development) and LBMA (London Bullion Market Association), responsible sourcing guidelines and due diligence (and their derivatives).
  • Downstream companies’ CSR (Corporate Social Responsibility) obligation in Electronics and Jewellery.
  • Provision of real time audit ability for industry auditors.
  • Downstream product end-user proof-of-ownership (bullion, etc).
  • Removal of industry data silos to provide improved data for traders.

Karuschain uses the Ethereum and Hyperledger blockchains, our implementation of sophisticated smart contracts (chaincode), and the management of key data flows from legacy systems and innovative hardware throughout the precious metals supply chain.

Karuschain will allow supply chain participants to determine the source of the metal as it flows downstream. It will allow them to track the metal from the source onwards, and then for other participants to trace it backwards to the source. It will allow a participant’s compliance department to determine what compliance data to store on its private blockchain channel and with whom to share read-only access.

Our mission is to create valuable and targeted transparency for every participant in the precious metals market and supply chain. Our founder has experienced the need for a technological mechanism that promotes transparency while running businesses in the precious metal extractive industry and acquiring precious metal for investment/value storage purposes. We strongly believe that blockchain technology and its core advantages over conventional systems form the foundation of Karuschain’s ability to reforge the complex, multinational precious metal supply chain.

Share This Page
Richard Verkley
Chairman, CEO
Involved in 1 project
James McDowell
COO
Involved in 1 project
Robert van der Zalm
CFO
Involved in 1 project
Bruce Wilkinson
Head of Investor Relations
Involved in 1 project
Nicky Lawlor
Relationship Manager
Involved in 1 project
Tim Lindberg
Head of MLRO & Compliance
Involved in 1 project
Advisors
Stanislav Synko
Involved in 1 project
Marc Ellul
Involved in 1 project
Per Jirstrand
Involved in 1 project
Carl Amon
Involved in 1 project
Herbert Sim
Involved in 1 project
David Pierini
Involved in 1 project
Luciano Pesci
Involved in 1 project
Jim Porter
Involved in 1 project
  • Q1 2018

    Development of product roadmap

    Phase 1 live demo released

    Private sale completed

  • Q3 2019

    ProBit IEO goes live

    LATOKEN IEO goes live

    Phase 2 of live demo released

    Beta campaign is launched

  • Q4 2019

    Karuschain platform development begins

    Proof of Concept partnership announced

    KRS tokens are listed on ProBit and LATOKEN

  • Q1 2020

    Client onsite PoC begins

  • Q2 2020

    Onsite PoC completed

  • Q3 2020

    Graphical User Interface continues to evolve based on client’s preferences

    API integration and Custom Smart Contracts

    R&D, hiring, and development continues into 2021

 Select Source
Source
Rating
4.4 / 5
TrackICO 404
4.6 / 5
Average
4.3 / 5
Other Websites
Ratings aggregated in date 08 January 2020
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