The online business world will never be the same! There is a new contract that will soon be on an exchange near you that you need to know about if you are planning on shipping items with block chain currency online. If you are an investor looking for the next big opportunity and a new top competitor in the coin market, or if you have ever purchased an item online then this new type of contract is something you should know about.
The wide variety of business that operate an online business just got a whole lot more reliable and transparent with a currency centered around getting every product delivered on time. This coin based currency will guarantee a measurable amount of postage to be delivered by the decentralized brokerage service hosted by ™Shipchain.io be known as Shipchain contracts.
The tokens will likely be low in cost at first but with the principals of decentralized security that is to be implemented by the Shipchain they will get more expensive as demand for this valuable service increases with a proven and trackable completed order list. Value of shipchain will be closely tied to the value of the popular and stable Etherium token.
These contracts which will gain value based upon their success of delivery will constitute the main instrument which will be implemented as a fork of the Etherium chain, using offshoots of the main hash code and checking in with decentralized independent distributors around the world, products will be tracked and secure through a decentralized on time delivery rewards system.
"That contract will be completed on delivery, with validations and waypoints recorded to the blockchain
along the way. If all waypoint validations are affirmed, the contract will be executed (and each contract
will be able to specify its own terms for how any disputes will be resolved, including third party arbitration)." page 10 Shipchain whitepaper
The success of the Shipchain token will add further value to the already popular Etherium block chain and add an accessible way for billions of users to use the block chain economy to grow their productivity. This is truly scaleable infrastructure that could become popularized to the tune of a worldwide digitalized block chain economy.
