Let us introduce you positive and powerful changes made to our project!
As a result of a thorough market analysis and study of blockchain technologies in the real sector of the economy, it was decided to establish the Blockchain Industrial Club (BIC).
Blockchain industrial club creates its own blockchain platform to regulate interactionamong club members and token holders.
Bi Platform is an open source project based on Ethereum source codes with the full functionality to link investors, businesses and end customers without intermediaries to solve the basic problem of escrow* in the projects.
Club’s tokens and tokens of the platform will be distributed separately and are digital asset for the implementation of different operations on its own platform.
*escrow(escrow) or the escrow agent is a third party that monitors the compliance with the obligations between a company and an investor with the help of secure transaction. The company (a scientist, a startup, an operating company, etc.) receives a guaranteed prepayment on a certain stage for the implementation of its project, the investor minimizes their risks in the event of cancellation of the transaction or fraud and a third-party which is an escrow agent, ensures commitment of obligations with smart contracts and is responsible for its proof-of-stake** and reputation.
**Proof-of-stake is a method of protection in which the probability for a next block in the blockchain to be made by a partner is proportional to the share of tokens owned by that token holder.
Therefore we changed the amount for ICO and the start date for the 1st of December. Soft cap remains $1 400 000 and will be spent on the implementation of the ODMC project. After the soft cap is raised all ODMC tokenholders will get Bi Platform tokens and Blockchain Industrial Club tokens via smart contracts.
Mid cap for implementation of the ODMC project is $2 800 000. After that only Bi platformtokens will be sold. Hard cap is $4 200 000. ICO will be hold on the Ethereum platform. Further Blockchain Industrial Club projects’ICOs will be held on its own Bi Platform.
Those who have already taken part in preICO will get Bi Platform tokens.
Bi platform is a blockchain platform that secures transactions using smart contracts and escrow agents (investment, profit sharing, loans, patents, etc.). A distinctive feature of the platform is:
• the creation of smart contracts without the knowledge of programming with the help of templates and forms;
• registration on the Bi Platform of real resources of users and organizations for their further exchange
Each investor will have a wallet application, which is a part of the blockchain node. We useblockchain version 2.0 with our smart contracts, which are responsible for the commitment of obligations. To expand the functions of the Bi platform and BIC audience Ethereum blockchain app platform will be integrated.
Bi Platform and its functionality also allows the scientific and innovative community of young people and professionals, experts, scientists, engineers, advisers, designers etc., to participate in the development of the platform. Social entrepreneurship is provided through the support of young professionals, innovators in cooperation with accelerators, Universities and high school.
With the administrative support it can provide the platform with necessary ideas for the planned development of co-created projects in domestic and international markets.
Summary:
Blockchain Industrial Club is created on the Bi platform to exchange information among all participants ofthemarket.
Bi Platform:
• cooperatesthe industry (real sectors of the economy, IT companies, green technologies, etc.);
• attracts investments to start-ups and performs the role of escrow;
• enables the creation of credit smart-contracts and insurance smart-contracts without knowledge of programming;
• implements a patent base with transparent payments from companies to authors for using their technologies;
• creates a stock exchange of resources and finances;
• provides access to global markets.