Topic: ICO- SENTINEL CHAIN- TOKENIZATION OF LIVESTOCK (Read 149 times)

Sentinel Chain (SENC) announces Strategic Cooperation with IoT Chain (ITC) to solve last-mile connectivity challenges

Shanghai, China — 30 April 2018 — InfoCorp Technologies, the company behind Sentinel Chain (SENC), a blockchain-based B2B financial inclusion services marketplace — has announced a partnership with IoT Chain (ITC), a lite blockchain-based Internet-of-Things (IoT) operating system designed to solve current IoT security problems and high concurrent usage scenarios of IoT.

Sentinel Chain’s strategic cooperation with IoT Chain will explore and implement the application of blockchain technology in inclusive financial services through the use of wireless mesh technologies.

Sentinel Chain being the world’s first international marketplace to provide inclusive financial services for the unbanked, is committed to making financial services such as loans and insurance available to farmers.

The Sentinel Chain and ITC partnership will aim to solve the last-mile connectivity problem using ITC’s combined technological strength of the millions of IoT nodes within the network for the implementation of financial inclusion projects in areas with poor Internet connectivity.

https://medium.com/sentinelchain/sentinel-chain-senc-announces-strategic-cooperation-with-iot-chain-itc-to-solve-last-mile-4119836f6063

Public sale will start on 03/03/2018.
This is whitepaper link: https://sentinel-chain.org/Sentinel.Chain.Whitepaper.v0_31.1.pdf
Sentinel Chain aims to empower unbanked farmers and business owners in developing countries. Assets such as livestock can be tokenized using the Sentinel Chain platform, and users will be able to track and verify their ownership of these assets. Sentinel Chain intends to issue the Sentinel Chain Token (SENC), a utility token that comprises of 6 major features, Insurance, loans, collateral, crowdfunding, community proyects and E-pays-

when does ico start and end? and what is the purpose of your project? where is the information about your team? and where is your whitepaper?

INTRODUCTION

•    The Sentinel Chain is a B2B marketplace specifically designed to provide affordable and secure financial services to the unbanked.

•   Token symbol: SENC
•   Website: https://sentinel-chain.org/
•   White paper: https://sentinel-chain.org/Sentinel.Chain.Whitepaper.v0_31_1.pdf
•   Hard cap: $14.4 million ($6.4 million raised in presale, ICO participants receive 40% total token supply)

•   Presale or white list: Presale concluded in January. Whitelist registration opens from February 5, 2018 and runs until February 26, 2018.
•   ERC-20 Token: Yes
•   Countries excluded: United States, China
•   Timeline: Proof-of-care style whitelist registration to begin on February 5, 2018 (Please refer to Sentinel Chain’s website for the most up to date information)
•   Token distribution date: 3 days before they are listed on exchanges


ABOUT SENTINEL CHAIN

•   INSURANCE
For insurance companies to publish livestock insurance on CrossPay Blockchain, based on verifiable livestock assets on CrossPay Blockchain.

•   LOANS
For local financing companies to publish loan agreements on CrossPay Blockchain, hedged on livestock collateral.

•   COLLATERAL
For local financing companies to use as collateral to borrow from overseas financing companies.

•   CROWDFUNDING
For overseas peer-to-peer lending and crowdfunding platforms to use the service of Sentinel Chain to provide financing for local financing companies

•   COMMUNITY PROJECTS
For overseas donors to use the service of Sentinel Chain to fund the local community projects like humanitarian aid or disaster relief.

•   E-PAYMENTS
For token holders to use the service of CrossPay Blockchain to make electronic payments with local merchants.

CROSSPAY

-The CrossPay Mobile application is a simple mobile interface built for Android. Specifically designed for the unbanked, it is ideal for use in pockets of local ecosystems.

PARTNERS.
Sentinel Chain is working with VeChain, Maybank, Malaysia’s largest bank, and CloudWell.

ROADMAP
•   Q3 2017: Early Supporters Sale
Signed an MOU with Maybank to collaborate on financial inclusion technology projects in the ASEAN region
•   Q4 2017 : CrossPay Blockchain trial with TS Group for migrant workers dormitory in Singapore
Signed an MOU for CrossPay partnership with CloudWell Ltd. -the national payment provider to Milk Vita (Bangladesh Milk Producer's Co-Operative Union Ltd)
•   Q1 2018
Jan: Pre-Sale begins
Feb: Token Sale Whitelist Registration
Pre-Sale ends
Mar: Public Token Sale.
•   Q2 2018
Sentinel Chain beta testing
•   Q4 2018
 CrossPay launches in the first unbanked market
•   Q1 2019
Sentinel Chain code review and audit
Sentinel Chain v1.0 release
Onboarding of the first financial service provider
•   Q2 2019
Integration of Sentinel Chain to CrossPay
Integration of financial service provider to Sentinel Chain

KEY TEAM MEMBERS.

Roy Lai, CEO and Co-Founder – 20+ years in industries spanning investment banking, inter-bank payments, and blockchain. Research Fellow at Singapore University of Social Sciences.

Chia Hock Lai, Council Member – 20 years of experience in finance, President of Singapore FinTech Association.
Sentinel Chain’s advisors include: Bo Shen, Founding Partner of Blockasset and Fenbushi, David LEE Kuo Chuen, Co-Founder at Blockasset, LeftCoast and Professor at Singapore University of Social Sciences, Roland Schwinn, Executive Director at Eurex and Shareholder Director at Bombay Stock Exchange, as well as many more.

Fenbushi Capital and Iglobe Partner invest in the project.