It has become clear that the distributed ledger technology is here to disrupt the current status quo in the world. From the financial sector where it has its main concentration to the supply chain industry, the technology continues to prove that it has the capacity to deliver maximum benefits to the target audience.
Blockchain is viewed as a transformation in its own and most people have grown and learned to accept this fact. Blockchain has since its introduction transformed our way of viewing technology and the finance market particularly in the late 2017 and mid-2018, after the enormous bull run, the market volume of crypto resources prompted its almost being considered a monetary industry.
What's more, the fight for adaptation of advanced resources for the cutting edge economy proceeds. By this virtue, a lot of Projects have been working hard to achieve this goal.
Then again, the combination procedure of crypto resources for a regular fund has quickened as blockchain innovation has been incorporated into various ventures. Exchange rates and expenses, transparency and security, safety and speed are among the remarkable focal points of computerized resources. Organizations working in this setting additionally don't delay to make investments that will make them sparkle.
While the crypto community remains bullish about the prospects of the blockchain technology, another decentralized project that seeks to disrupt supply chain management for good is already on the ground.
VOLUM is a blockchain-based project that aims at bringing revolution to the traditional medium of delivering goods and services.
Among the impressive benefits, it has to offer is the use of the smart contract to enhance the method of making and receiving supplies.
It’s worth mentioning that this project has impressive partnerships that promise to bring about the success of the project. The first partner is Bengala Technologies, LLC. It’s a blockchain software development company, which empowers this project (VOLUM) to pursue its goals.
The International Spirit and Beverage Group (ISBG) is another partner that is part of this unique project. It’s also a fiat enterprise, which enhances the operations of startups that want to delve into the wines and spirits market.
With these partners/firms being the brain behind this amazing project, it’s clear that VOLUM has all it takes to facilitate logistics and supply chain management with the use of blockchain technology.
Rationale behind the Project
The major aim of this project (VOLUM) is to solve existing issues in supply chain management. The problem that ravages the industry now stems from the inability of crypto projects to have a clear plan before embarking on crowdfunding. At the end of an Initial Coin Offering (ICO), many of these projects tend to run into problems with their investors. This is because they do not have a viable product to offer to the public.
It’s worthy of mention that this project was established with the aim of helping small-scale businesses/startups to grow with the use of blockchain technology.
Also worth mentioning is the fact that VOLUM has relevant partners that will make this a reality. Although it has the able concentration on the wine and spirit industry, this project doesn’t hesitate to extend a hand of friendship to other startups that show signs of future growth. Other industries benefiting from its benevolence are the advanced energy and alcoholic beverage industries.
VOLUM as a Holding Company
As absurd as it may seem, this project settled for a Holding framework. Investors who are familiar with activities on the crypto-sphere will acknowledge the fact that VOLUM is towing a path that is rare among decentralized projects.
The patterning as a Holding Company is buoyed out of the need to facilitate the growth of startups that show signs of growth. Note that the project adopts the same holding structure as the Bank of America and Google’s parent company (Alphabet).
However, it uses these in a decentralized format courtesy of the blockchain technology. The highlight of this is that VOLUM will help upcoming businesses to grow over the years. On the other hand, startups that fail to meet up to the standard will not be able to make it into the platform.
VOLUM and the Future
Thousands of startups spring up around the world on a yearly basis. Ironically, only a few are able to hold the fort for a decade. Many of such small-scale businesses crash out at the early stage because of financial crisis and mismanagement.
VOLUM from indications is a project that will match the needs of startups that want to become leaders in their different spheres. In addition to the founding enterprises (ISBG & Bengala Technologies, LLC), VOLUM also takes advantage of the blockchain technology to enhances its stake in the logistics and supply chain industry.
Volum Token Specifications
Token Type: Utility
VOLUM has made a Multi-Sector Enterprise and Business-2-Business (B2B) Platform which will empower associations to rapidly scale and grow universally by using most of the power and points of interest given by blockchain advancement.
Truly, this project is one to reckon with. In the coming years, VOLUM stands a chance to improve not just the fortunes of startups but other enterprises in the logistics and supply chain niche.
The finance industry should acknowledge crypto resources somehow. It is best for all enterprises to grasp the sensational advancement called blockchain as what’s to come.
Will Volum be able to make that uplifting in the Holding companies as they have promised? It’s up to you to look out further from their website and other relevant blogs to ascertain their claim. Thank you
Get yourself equipped with more information about “VOLUM” Project From the listed links 👇 in other to be on the decision making on your personal account with reference to the Volum project.
WEBSITE : https://volum.io/
White Paper : https://volum.io/assets/images/volum-whitepaper.pdf
Twitter : https://twitter.com/IoVolum
Facebook : https://www.facebook.com/volumproject/
Telegram : https://t.me/volum_io
Reddit : https://www.reddit.com/user/Volumio
Authored by Ericks1