Silkchain

Silkchain

Hype rating: 98

Status: Ended

Description: Silkchain is the first blockchain project dedicated to improving international trade and for its fundraising, the project has gathered the most influential members and participants.

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Start of ICO Pre-sale 07.06.2018 End of ICO Pre-sale 23.06.2018 Hard cap $50,000,000 Raised $0 Token Sale Price $0.08000 Whitelist / KYC YES

Telegram members 90749 24h change -127 7 day change -995

Alexa rank 1446614 24h change -35947 7 day change -80568

Twitter followers 58689 24h change -18 7 day change -7079

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The initial core founders are: 1) Mr. Saeed Abdullah AlMobty, Director General of ITDC, Chairman of Abha industrial and Commercial Association (Covering over 5,000 enterprises in Saudi Arabia); 2) Mr. Simon Ngan, Deputy Director General of ITDC, Chairman of We Holdings Ltd. in U.K. (a famous commercial real estate developer & trading company in Liverpool with 370 million USD annual turnover); 3) Mr. Francis Liu, Deputy Director General of ITDC, Founder & CEO of SUITino Group Limited (a global men-suit custom-tailoring enterprise covering the commonwealth countries); 4) Mr. Kevin Fenn, Secretary General of ITDC, founder and CEO of Dino River Pte Ltd. ( dinodirect.com, a global recognized e-commerce platform with over 2.5 million users) 1、President Abdullah Saeed Al-Mobty (Nationality: Saudi Arabia) Education: B.Eng. Riyadh University Work: Chairman of the Abha industrial and Commercial Association; Members of the Saudi Council for Industry and commerce; (Saudi Arabia) director of the Association for the protection of minors; The director of the Advisory Committee of the Supreme Council of the over-seas region; The director of the authority of the Saudi electric power and waste heat power generation 2、Khaled Mousa (Nationality: China) Team Leader Education BSc, Information Technology with specialism in Information System Security, Staffordshire University CBP (Certified Bitcoin Professional - CryptoCurrency Certification Consor-tium) Work: 3、Wesley Wu (Nationality: China) Chief Architect Education: B.Eng. Electronics & Engineering, Tsinghua University Work: Serial entrepreneur, blockchain specialist Co-founder of yinyuetai.com, the largest independent music video platform in China Co-founder of dx.com 08086.HK, the first cross-border e-Commerce public company of in China Specialized in team management, high concurrent and multi-layer system architecture design (See more about SILKCHAIN: https://www.silkchain.io) This is Queena, one of the co-founder from OSELL group, a group holding company, involving in B2C ecommerce, B2B trading, and B2B business oppor-tunity matchmaking platform for more than ten years.With the support of OSELL group all history users/buyers/service providers, OSELl and more than 10 organizations initiate an organization called ITDC (International trade and digitalization commission) focusing on block chain technology utiliza-tion based on the global trading industry. The ITDC, located in Sing pore, was formed in 2017 for the creation and management of Silk Chain.

The goal of SilkChain ecosystem is to resolve the issues and pain points existing in the industry with blockchain technology and to build a “Global Blockchain Free-Trade Zone”. In the free-trade zone, Silkchain token system is introduced as a measure of value transferring of trade activities between merchants and service providers. Under various application scenarios, silk chains will cooperate with many third party service providers all over the world to customize various business process smart contract based on localized trade rules and regulations, and jointly develop new DApps based on existing business models.

The silk chain team has twenty years of experience in cross-border trade, and all team members are from more than 20 countries, and there are hundreds of partners in the world, including: l Trade centers: it has covered 6% of the 10300 trade centers all over the world, covering more than 15 million small and medium-sized businesses. l Exhibition centers: more than 10 offline O2O exhibition centers located in Europe, Middle East and South East Asia. Wholesale marketplaces with all categories: Covering B2B/B2C/C2C business models, for instance, OSELL Group Singpore has already laid out a global cross-border B2B platform covering 26 countries including Russia, Dubai, Poland, Vietnam, Canada, Malaysia and Indonesia, etc. B2C and B2B E-commerce platforms: including Clothing、Electronics、Household and Agriculture Products categories. l Logistics: a number of cross-border, domestic logistics and logistics tracking service providers. l Overseas Warehousing: overseas warehousing service partners from 8 countries, providing delivery and fulfillmentservices like FBA (Fulfillment by Amazon) for the B2B/B2C e-commerce platforms. l Import and export agent: to provide assistance in customs declaration & clearance, logistics and other agency services. l Credit insurers:a service provider that provides contracts, qualifications and basic credit compliance certificates. l Supply chain management:domestic and cross-border supply chain service partners, such as supply chain partners offering services for Indomaret and Indofood, who belong to Indonesia local giant: Salim group. l Quality traceability: service providers from China, and Australia, using the Internet of things technology to provide product authentication, source of origin tracing and other services,etc. l Payment: payment Service providers and digital banking service praters from China, Malaysia and Indonesia. 19 l Trade Financing services: trade financing services providers from the UK, Australia, Malaysia, Singapore, and HK,etc. l Insurance services: insurance companies or agents providing all kinds of insurances, including certified goods、goods damage and delay insurance, logistics, cargo insurance, export credit insurance. l Technical Services: Technical service providers offering ERP、CRM、Logistics and warehousing systems、e-commerce platform development, etc. The above-mentioned partners are increasing at the speed of thousands each year. Incorporating these partners as nodes in the Silkchain, we will create an immense open source trust community. The different participants will assume diverse roles in the international trade business process, some as service provider, some as service consumer.

Fundraising (25%) Founder and Develper Team (20%) Foundation Discretionary (10%) Ecosystem incentive fund (25%) Business and community consortium(20%)

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