Mei 23, 2018

ZetoChain - Advanced & Extra Safe Technology to Guarantee Healthy Foods

ZetoChain - is one of the startups who propose their project as a form of quality management in the form of cold chain. Along with their project, the delivery of the stated issues is about the safety of the product in the form of food. The safety of the food quality and freshness of the ingredients is needed to ensure that what is offered is in accordance with applicable standards.

ZetoChain’s offerings are a standard enhancement of food safety, cost storage, and efficiency of the cold chain (the management or process of groceries). Some of these goals will be achieved by prioritizing their customers’ trust, improving transparency and minimizing dishonest dirty scandals and harming food customers. This passion comes from the ZetoChain awareness that responsibility for the food process must exist and be prioritized in the overall process.

The basis ZetoChain are three principles:

Transparency and trust. The seller and the consumer of the product can trace the "history" of the name from the factory to the counter, all information about the delivery dates and shelf life is fixed in the blockchain. This reduces the likelihood of counterfeiting, protects the health of customers and the reputation of manufacturers.
Security and economy. Notification system for hardware-related problems the expiration of the retention period, the delay of the consignment at customs and reduces the losses of producers. The ability to know the actual date of manufacture, packaging and delivery of the product to the store reduces the cost of finding and disposing of poor quality food.
Efficiency and quality. Monitoring of storage conditions and equipment performance takes place in an automatic mode, reducing the cost of the manufacturer to hire employees. This approach improves the efficiency of the supply chain, sets a new level of quality in the industry.

How does ZetoChain work ?

ZetoChain operates on a system of smart contracts between manufacturers, carriers and food vendors. IOT sensors monitor temperature conditions in warehouses, record the date of dispatch and receipt of the consignment, send notifications in case of technical problems and other emergency situations.

Figure 3. ZetoChain reports about the conditions of storage products through IoT platform

According to Whitepaper, the program is adapted to the five main "links" in the supply chain.

• Manufacturer. ZetoChain fixes the conditions and terms of storage of raw materials in the blockchain, sends a notification about the readiness of the goods for shipment in real time. Owners of farms, factories and plants distribute the load of equipment, optimize the time of shipment of consignments.
• Carrier. The conditions of transportation of the product are fixed by means of sensors installed in trucks, wagons or containers. The transport company will release the delivery schedule taking into account the shelf life of each product.
• Wholesale seller. Temperature and maximum storage time of large batches are provided to the owners of warehouses, facilitating the rotation of the goods.

Retailer or owner of a catering outlet. Monitoring conditions and the storage time proceeds, any faults ZetoChain sends the owner notice.
• Consumer. Visitors to cafes and restaurants, customers in supermarkets can scan the barcode of the product, receiving all the information about its manufacturer, carrier and wholesaler. The blockchain does not allow changing the records loaded into the system, so all the information will be reliable.

Technically, ZetoChain for buyers looks like tracking parcels in the usual Russian Post or AliExpress app. The version for manufacturers is similar to the security panel: several indicators are reflected on the computer monitor or smartphone screen.

Straight to The ICO

In ICO released by ZetoChain, the offer comes in the form of token sales conducted over a period of time. In the explanation submitted by ZetoChain, the token mechanism from which they are released will take effect after the offering takes place. Token ZetoChain has the name ZETO tokens. In the release of their tokens, it was announced that the sale will be made on July 9, 2018 – July 31, 2018.

The explanation of the ZetoChain token does not have any complicated conditions. Introduced to the public, ZETO tokens will be incorporated in the large Ethereum system, the ERC-20. The purchase that can be done in the form of cryptocurrency is only using Ethereum only. ZetoChain offers their products as never before. Investments in their paltforms are sure to show consistent results.

There are some other details about ZETO tokens. So far, the total token supply ZetoChain notifies to the public is 340 million ZETO tokens, while in the crowd-sale period, the amount provided only reaches 150 million tokens. At the pre-sale stage, the token offered is much smaller, at 24.7 million tokens. ZetoChain is confident that their supply can meet the demands and needs of various investors.

Meanwhile, there are special sales and reserves of funds earned through token sales. ZetoChain conveyed that from the funds obtained, some will be channeled to the ZetoChain for project or platform development. Meanwhile, all of the token in the supply will be sold specifically to private investors. The sale value of ZETO tokens is delivered by ZetoChain in a ratio of 1:10, which means that every 1 US dollar, buyers will get 10 ZETO tokens.

The Function of ZETO Tokens

The usefulness of ZETO tokens can certainly take place actively, as long as it is on the system applicable in ZetoChain. As a condition of absolute and vital, ZetoChain assures its customers that their ministry covers all circles. ZetoChain details some types of participants who are likely to participate in their system. With this division, it is expected that each user can know the structure of this project.

The first party to play in ZetoChain are clients. This is clear and inevitable. Kelin can take the form of various types of customers, such as business owners, transportation companies, manufacturers of maanan and other materials. Meanwhile, staff are ZetoChain workers who also have an impact on the sustainability of the platform system.

Other users of ZetoChain are customers and outsiders of the platform. Customers will act as buyers and consumers of ZetoChain clients, and try the various products on offer. In the meantime, a third party will apply in response to the software ZetoChain needs. In addition to providing software, cooperation can also occur for the sake of business development and existing market strategies.

Some cases of ZetoChain’s use will cover some of the potential future agreements that will be done by their side. This is done for the development of ZetoChain’s system and the procurement of some new features that pamper users. Later each client will be able to pay for every software, hardware, and various labels on offer. By this method, clients will stay longer and the business model becomes more healthy.

For customers, the feature will appear in the form of rewards. Gifts or rewards to customers will be executed in the form of ZETO tokens transfers. This can be obtained through the customer’s accuracy in checking the label issued by ZetoChain. Each staff can also earn rewards in this form. Whenever a receipt of goods or shipment is made, the remuneration is definitely delivered to them.

Team & Advisors