Topic: DemBlock-Marketplace-TGE (Read 323 times)

Experience verified trade - worldwide:

https://www.youtube.com/watch?v=s1rsQtxgF6I

PROBLEMS WE ARE AIMING TO SOLVE

All current marketplaces offering a range of products only employ classic text and picture upload options,
which can be altered and updated without any obstacles, thus making it possible to change corporate
information at will without leaving a trace of these alterations. All these corporate information cannot be
verified without a third party. This increases the risk that customers will be presented corporate information
which may have been altered at will, in order to please current marketing conditions and demand, enabling
deceptive claims.

Reliable and trustful electronic marketplaces are deemed to be the vital infrastructure of the global trade.
We are striving to improve the reliability and the trustfulness by utilizing a state-of-the-art blockchain
technology combined in a way that has not been accomplished before with traditional product listing
marketplaces.

Although there have been many approaches focusing on improving the global supply chain, and especially
sourcing quality management, the technologies used still have difficulties in resolving problems arising from
the lack of trust in supply chains. This is especially true in electronic marketplaces meant to facilitate global
trade and sourcing by connecting buyers and sellers over the internet.

By utilizing blockchain based technologies we are striving to solve these problems. Through the use of
unmodifiable properties of the blockchain our system enhances the credibility of various paper-based
information, certificates and photos uploaded to the internet.


The blockchain based approach that has been developed by DemBlock for the DemBlock marketplace
strives to solve two of the biggest problems in modern global sourcing and supply chain management.
These are the information asymmetry as well as information inconsistency faced by buyers when sourcing
globally, combined with limitations of onsite factory and quality controls.

Our blockchain based approach to
minimize these problems will result in making the supply chain heterogeneity more transparent and more
predictable, as well as increase the transparency considering the supplier. In addition to that our
marketplace model will increase the mutual confidence between buyers and suppliers.

The DemBlock marketplace also provides a communication DemBlock marketplace for trading partners to
communicate and make enquiries.

ICOs are still a thing on 2019?

The DemBlock marketplace is intended to grow as a comprehensive and sophisticated global trade
DemBlock marketplace which offers corporate and sourcing verifications for sellers on the blockchain, thus
enabling them to offer far more credible, efficient, flexible, cost-effective, scalable and trustworthy sourcing
solutions for their customers.

Offering more credible, efficient, flexible, cost-effective, scalable and trustworthy sourcing solutions for
customers on the DemBlock marketplace means enabling suppliers to publish immutable corporate and
sourcing data which is then notarized as decentralized information on the blockchain. Every alteration of
corporate and sourcing data will be visible on the blockchain.

The above-mentioned features were technically not possible prior the emergence of the blockchain
technology.

The current marketplaces offer text and picture uploading technologies which are in part older more than
25 years. These technologies allow it to change online text and pictures without an immutable and visible
trace of the alternation of a particular data and without any possibility to estimate how long a particular data
has been online prior a change has been made. By utilizing blockchain technology the reliability and
reputation of suppliers can be verified and monitored by analyzing the historic records in the blockchain.
Application of the blockchain technology in the global trade will enable all participants to get access to
auditable data that has been verified, time-stamped and immutable.

Having assessed these issues, we eventually came to the understanding that these negative aspects of
online accessible corporate data only can be overcome with the blockchain based technology integration
into the traditional product listing marketplace. The blockchain technology seems the most appropriate, due
to the fact that it is incorruptible, encrypted and trackable. The innovation we have made for product listing
marketplace by offering blockchain based corporate and sourcing verification sets us apart from the
competition.

Reaching escape velocity with product listing marketplaces is only possible if innovation within the product
is so unique that it makes the use of it an experience not available in that exact form on other similar online
marketplaces. At the moment the unique blockchain based corporate and sourcing verification combined
with classic product listing features on our marketplace has no competition.

We see the fact that we already have developed the core aspect of our ecosystem - our DemBlock
marketplace - prior the token generation event as a proof that we as a team are able to finance and to code
the launch of a fully functional MVP in-house. We are launching this token generation event – among others
- in order to further develop additional features for our marketplace and to penetrate a sizeable share of the
global product listing market.

The DemBlock marketplace is an already fully functioning and working marketplace with the possibility to
offer notarized supplier data on the blockchain.

Congratulations! Demblock ICO rating by ICOnow 75/100.


Business: 17/20
Product readiness: 3/5
White Paper: 10/10
Roadmap: 6/10
Legal: 2/5
Team: 17/20
ICO terms: 4/5
Token applying: 3/5
ICO Promotion: 13/20

https://demblock-tge.com/

Token sale starts on April 20th 2019

Token sale ends on August 28th 2019


The DemBlock marketplace is an already fully functioning and working decentralized electronic marketplace with the possibility to offer notarized supplier data on the blockchain.

Suppliers have the possibility to list their products on the DemBlock marketplace and to conduct corporate and sourcing verification on the blockchain.

The payment for all these services on the marketplace is solely possible with DemBlock tokens.

The DemBlock marketplace will focus on building a global network of buyers and sellers in order to facilitate the trade in raw materials, components and finished goods.