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SupplyBloc Sets Pre-ICO For Blockchain-based Supply Chain Management Solution


SupplyBloc Technology has launched a pre-sale for the Initial Coin Offering (ICO) for SUPX tokens to provide blockchain-based supply chain management solution for small to mid-sized businesses. The SUPX token will be an integral facilitator of transactions within the SupplyBloc platform.

SupplyBloc said it will eventually roll out acceptance of SUPX tokens as a means for payment on the auxiliary platforms of its partners and other service providers.

The pre-ICO sale for SUPX tokens began on Tuesday and will run until June 15. The proceeds from the sale will provide immediate financial ammunition to help SupplyBloc support the developmental structuring of its proprietary technology, the company said.

SupplyBloc is intended to provide transparency, tracking, and optimization of every activity within a supply chain network. It is integrated into current supply-chain system of running businesses in industreies such as fashion, e-commerce & retail, and cannabis.

The system begins with production - the moment the order is placed and leaves the factory, field, or farm - and ends with the delivery of the finished product to the customer's doorstep. It also records all participants and interactions between individuals and firms

The platform also enables auditing elements of the supply-chain network to discover bottlenecks, single points of failure, and other inefficiencies.

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