Lohn [LOHN]
ENDED:Transparency Details
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Description
The lohn system consists of economic business, carried out on a contractual basis, between two companies of different countries. One company performs, for retribution in cash or in kind, a custom-made product according to the design, drawings, usually with raw materials and materials of the other company, which keep the right ...Read More
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Sectors
TradingExecutive Summary
The trading platform lohncontract.com developed by lohncontrol.com will be a dynamic, complex ecosystem that will integrate all parties involved into a lohn contract and their relationships will be managed independently in the blockchain through the lohncontrol Smart Contract that will release the payments due to each one to fulfill the tasks initially allocated.
The main actors of this ecosystem will be buyers from developed economies who want to produce quality and cheap goods and manufacturers from developing economies interested in these orders. The platform will provide small and medium-sized businesses around the world with access to some of the business opportunities currently reserved to major economic players, linking through disruptive technology-blockchain niche projects to manufacturing and commercialization of industrial goods, projects which exploit the appeal of consumer markets for quality products at competitive prices.
The main actors of this ecosystem will be buyers from developed economies who want to produce quality and cheap goods and manufacturers from developing economies interested in these orders. The platform will provide small and medium-sized businesses around the world with access to some of the business opportunities currently reserved to major economic players, linking through disruptive technology-blockchain niche projects to manufacturing and commercialization of industrial goods, projects which exploit the appeal of consumer markets for quality products at competitive prices.
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Whitelist and KYC
This ICO has a whitelist and a KYC (Know Your Customer) policy. Mandatory for big participations such as 10.000$ or more