I welcome you my dear subscribers and readers. Today we will talk about a very technological and interesting platform, SparesHub, that is all set to be a technology platform and has the largest automotive e-commerce platform in India.
SparesHub is a project I’ve been following for sometimes now, and this is what I can say about it:
it has a great team with a lot of relevant experiences, very attractive business model with a good dividend token use case, cap limits are within a reasonable range, professional content, good looking materials, secured, focus on the relevant networks and has a great road map.
Let talk about their product and the solutions they offer.
SparesHub , if you haven’t heard of it already, it’s a building a blockchain-based platform for automobile maintenance industry. The platform would store the information of the movement of automobile parts through the supply chain on an immutable blockchain. The automobile part manufacturers, distributors and retailers would be part of this private consortium based blockchain. Car owners can check the authenticity and complete provenance of the car parts they buy on SparesHub’s blockchain platform. This will help fight the multi-billion dollar fake and counterfeit automobile parts industry throughout the world.
Blockchain and SparesHub Security:
SparesHub instruments and services provide unique solutions on the basis of blockchain, which has no extant analogues in the world and offers revolutionary solutions regarding the consolidation of the world of cryptocurrencies and classical finance systems. Blockchain technology is widely used in SparesHub business processes which makes it impossible to substitute or lose financial data. The security system of SpareHubs is unparalleled. It takes into account potential threats of all kinds which could compromise the data or lead to theft of funds. Through blockchain technology the whole platform will be fully transparent to the users. Using Smart contracts makes SparesHub a reliable and impartial guarantor of fulfilling obligations to the investors of the project.
SparesHub Blockchain Network would facilitate the following:
• Customers would be able to verify by scanning a QR code if the part is a Genuine Manufacturer Parts
• Customer would be able to see how did the part travel in the supply chain. Where did the part come from? When was the part manufactured? In which plant was the part manufactured?
• Retailers and Distributor would be able to update the information of the received parts. They would also be able to track where the part has come from.
• Retailers and Distributors would be incentivized monetarily to update information on blockchain by transferring a small portion of the margin earned as an incentive to update the blockchain. The smart contract would trigger automatic payment release from the manufacturer to distributor/retailer once the part is scanned and updated.
Recommendation (Based On Personal Conviction):
I personally have done a lot of digging on SparesHub and I am yet to find any major red flag that would make me give up on investing in their ICO. The team is absolutely amazing and they have been working on SparesHub as a whole for sometimes now. I have tracked the records of various members of the team and I can say that they are incredibly professional.
SparesHub reputation speaks for itself and is strongly supported by various facts and by real business model that works every day. By investing (cryptocurrency) in the project you can be 100% sure of the reliability of your investment, as you invest into business with real assets and real people.
SPARESHUB Token:
SPARESHUB Token is a valuable digital asset, SparesHub platform’s token, which will be used/tradeable at/on the biggest crypto currency markets. With the help of ICO SparesHub plans to attract the investment resources at a wide range. As suppose, the token sale will be interesting for the owners of digital assets, who would like to transfer them into the more secured investment tool and not to tremble anytime they hear the news about the possible Bitcoin rate falling.
In other to participate in the ICO, follow these steps below:
• Purchase the tokens: SparesHub will issue a number of tokens during the ICO.
• Receive dividend payments: As a token holder, you have the right to receive payments equivalent to shareholder dividends.
• Convert your tokens into shares: As a token holder, you also have the right to convert your tokens into Ordinary Shares.
Token Information
In conclusion, if SparesHub ICO piques your interest then it’s meant for you. The ICO still ongoing and will come to an end soon. The good news is that it’s not too late to take part in this one of a kind investment opportunity.
Warning:
Please, never make your final decision based only on what you’ve read here. I advise you to do your own due diligence on the project and have personal conviction before making the final call.
For more info:
Whiterpaper: http://token.spareshub.com/wp-content/uploads/2018/03/SparesHub-Whitepaper-Ver4.6.pdf
Facebook: https://www.facebook.com/spareshubwebsite/
Telegram : https://t.me/spareshubTGE
Twitter: https://twitter.com/spareshub
Linkedin: https://in.linkedin.com/company/spareshub
Author: Cryptocraz
Bitcointalk Add.: https://bitcointalk.org/index.php?action=profile;u=1698372
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