TACTICA WorldTRX is using the power of blockchain technology to build a decentralized ecosystem that allows more parties, specifically smaller companies to participate in the network without barriers. It is here to disrupt the traditional supply chain industry which has some shortcomings in the process of doing sourcing and procurement. Using blockchain technology, specifically Ethereum Network and Hyperledger technology, the WorldTRX ecosystem will feature authorized data sharing via the decentralized application, utilizing and driving by smart contracts in between.
The token sale of WorldTRX will be held from September 14th to October 31st to offer the WTX token at the rate of 1 WTX = 0.00025 ETH/0.075 USD. A total of 2 billion WTX tokens will be created out of which 300 million will be available for public sale. 25% of the total tokens will be contributed to the liquidity pool, 42% to stabilizer reserve, 6% to strategic partnerships adoption pool and 12% to founding team and bounty. TACTICA WorldTRX will transfer the tokens to the buyer’s wallet address after the crowd sale event is done. The pre-sale will begin in September and the date will be announced soon.
WorldTRX will enable safe and trusted trade within a trustless network. In this ecosystem, the users will be able to do peer-to-peer supply chain trading in an autonomous manner, without the involvement of a third party agent. The platform aims to replace the traditional supply chain processes with more transparent, trusted, honest and disruptive technology-based platform. Its high time the issues in the conventional supply chain platforms need to be addressed and WorldTRX is doing just that with the help of revolutionary blockchain technology.
The traditional supply chain systems often have issues like document discrepancies, low visibility into the extended supply chain, expensive supplier discovery and qualification process, expensive small-value payments made via intermediaries, delay in transactions especially in case of disputes, expensive e-procurement services and lack of trust due to the involvement of middle-men like banks, B2B platform operators etc.
WorldTRX, on the other hand, overcomes all these shortcomings by using blockchain technology. This system will feature a single ledger shared between buyers and suppliers to reduce the risks of disputes, cross-border payment options with P2P transactions and low fees. By lowering the entry barriers, the platform also attracts more SMEs to participate at low cost. The smart contract enabled platform protects the interests of both buyers and suppliers by automating the settlement process without human intervention. More information about the platform and the upcoming ICO can be found at https://www.worldtrx.net/.