Karuschain (KRS)

The Karuschain platform is a tracing and monitoring resolution for the dear steel business. The platform permits upstream producers to trace valuable steel because it travels upstream from its level of extraction. Simultaneously the platform facilitates tracing again to the supply of the dear metals.
The Karuschain platform makes use of the Ethereum and Hyperledger blockchains, our implementation of refined good contracts (chaincode), and the administration of key knowledge flows from legacy methods and progressive {hardware} all through the dear metals provide chain.
Karuschain platform know-how will enable provide chain individuals to find out the supply of the steel because it flows upstream. It will enable them to trace the steel from the supply onwards after which for different individuals to hint backwards to the supply. It will enable a individuals’ compliance division to find out what compliance knowledge to retailer on its non-public blockchain channel and with whom to share read-only entry.
Downstream individuals have a transparent incentive to connect with Karuschain to satisfy their compliance and CSR obligations because the obtainable pool of knowledge and upstream producers will increase for tracing/cross-checking functions. They will, as main patrons of the output of upstream firms, exert strain to open up knowledge movement from upstream in to facilitate supply tracing. The demonstrable success by each upstream and downstream individuals in assembly their compliance obligations will drive knowledge sharing, platform use, and business end-user acquisition.
The Karuschain platform will probably be constructed on a basis of a compelling use case. It will evolve into an business pushed ecosystem supporting the best attainable transparency within the valuable metals provide chain/market.