A new age of digital economy is here! The modern digital industry these days is not limited only to robotics or virtual design media. New technologies like blockchain change the style of business and dramatically enhances its capabilities making business processes transparent and efficient. These changes are the opportunity to expand and create new markets and even more – the new economy. However, the growing markets require more legal and financial control to ensure the gradual growth and adoption by large business institutions.
The new blockchain breakthrough technology allows even today to create trustable and scalable solutions for international financial transactions, startup crowdfunding and manage new business investments. The Russian startup DARFChain (Distributed Accounting, Resource and Financial system in blockChain) recently reported the test results confirming successful synchronization for the distributed ERP system based on the blockchain technology (https://www.youtube.com/watch?v=YIFDO9mxaY4) The solution was built using the components of the blockchain platform Waves, ERP system ODOO and BigchainDB database. System available for testing on project’s Github. Soon have plans to connect to other blockchains system, Ethereum first.
Planning the architecture of DARFChain
The test results are able to prove the system capability to track real time in trustable environment all major business components and transactions for the ERP powered company. These are the good news for the cryptocurrency investors, entrepreneurs and ICO startups looking for transparent solutions to monitor and control their investments from one side and provide trustable ICO opportunities from another.
The next big goal of the project is to involve to the new blockchain economy, “tokenomy” small entrepreneurs (up to 120 million people in the world), cooperative members (about 250 million people in the world). They plan to give them the freemium ERP system to account for a variety of tokens, which, according to the project’s founders Stanislav Taktaev and Konstantin Bakulev, will help them solve the chronic problem of underfinancing by attracting investments in digital currencies and conducting mutual settlements in tokens.
Early, in Russian Forbes, founder of the international payment system ChronoPay Pavel Vrublevsky believes that the platform the DARFChain startup is being developed has very bright future. “The blockchain-powered ERP system is the foundation to build the new economy. If the business processes will be automatically monitored and transparent there will be no need to maintain credit ratings and agencies managing them. That means the stock market revolution is coming!”.
DARFChain is currently in the pre-ICO phase and the DARFChain token is available at the discount price of 4000-5000 satoshi. All received funds will be used to continue platform development and project expansion.
The purchase of DARF tokens is now profitable, as they are issued a limited number, and with the growth in demand for transactions in the trusted business environment, the price of the token that DARFChain releases will also grow.
The DARFChain functional prototype will be offered to control the DARFChain own ICO by crowdinvestors in October 2017. The DARFChain product version 0.1 will soon be available for public testing.
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Disclaimer: This is a sponsored press release and does not necessarily reflect the opinions of any The Merkle employees. This is not investment or trading advice, always do your own independent research.