IronBlock is a Blockchain based service platform and marketplace for a $1 trillion+ global construction, mining, forestry and farming machinery market.
Website: https://ironblock.io
IronBlock is a decentralized platform for machinery condition verification, maintenance services optimization and it guarantees compliance with all the contractual obligations for transactions between participants in the market of construction, mining and agricultural machinery.
The main task of IronBlock is to provide the necessary confidence level in the information about traded equipment so that owners, leasing and insurance companies, as well as buyers around the world, can interact directly without intermediaries, without risks and with significant money and time savings.
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IronBlock provides a solution for the two major problems for the global specialized machinery market:
Proving the validity of information about machinery.
The solution is based on uberization of maintenance services and machinery inspection with participation of local service centers and information recording on the blockchain. Each service center should undergo verification and selection process to obtain an IronBlock license. The quality and speed of processing orders for machinery certification and service directly affects the service center’s rating and its total profit from each transaction.
Guarantees of compliance with contractual obligations between participants.
The use of IronBlock certificates and techpassports guarantees compliance with contractual obligations with the help of local licensed IronBlock agents, writing down and sealing the terms into a smart contract. Our solution will allow to monitor the transaction on all stages:
- L/C for transaction ;
- Equipment logistics;
- Customs registration;
- Legal support.
To make control and compliance with the contractual obligations possible, the API access to the platform will be provided to the largest local and international logistics operators, insurance companies, customs brokers and other participants of the market ecosystem.
IronBlock ecosystem.
Website: https://ironblock.io
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