OBORTECH (OBOT) ? Complete Guide & Review

Summery Of OBORTECH (OBOT)

OBORTECH (OBOT) Supply chain industry has multiple actors having varying technical capacities. Technical inconsistency blocks efficient data exchange among them. Sharing data often requires manual, time-consuming, and paper-based processes, asking same information and repetitive tasks multiple times. The World Economic Forum estimates that document processing accounts for 20% of the total transportation costs within global trade.

About OBORTECH (OBOT) ?

OBORTECH (OBOT) USD 7 billion worth of fresh food still spoils before ever reaching a consumer in North America alone due to complex supply chains. The global trade finance gap-the difference between the demand for and supply of trade finance- has reached $1.6 trillion. Existing digital systems are mostly dedicated to specific organizations and their own environments only.

Those systems are hard to be adopted by other players with different conditions. Players who lack IT resources and knowledge can’t build and maintain those systems by themselves. SMEs face the largest obstacles, because they have the most difficulty dealing with the cost and complexity of the procedures and navigating the trade finance process.

OBORTECH (OBOT) Basic Point Table

Who Are the Founders of OBORTECH?

Tamir Baasanjav, CEO/Founder, and Enkhbat Dorjsuren, Logistics Lead/Co-founder, both of whom have been in logistics and project development fields for a long period of time. Enkhbat Dorjsuren, Co-founder, has been in the logistics sector for over 20 years, and now leads one of the biggest logistics companies in Mongolia. Tamir Baasanjav, Founder, have been working as a project developer and marketer for over 10 years in international development projects implemented by governments of the United States, Switzerland, and Mongolia on transportation, mining, and energy fields. 

Meet The Team

We are group of over 30 project developers, blockchain architects, logistics managers, lawyers, financial experts, marketers, UX/UI designers, advisors who have rich knowledge and experience in various projects implemented by big multinational corporations and institutions such as IBM, Adidas, Maersk, U.S. government funded international projects, Harvard University, Swiss Government Agency, Tech Mahindra, EY, PwC, Energi, Ochain.

Ecosystem

Increased operational efficiency and better fleet management

Reduced disputes caused by inconsistent and late data sharing

Transparency on product traceability and provenance

Broader market access and stronger customer relationship

Increased visibility and accurate planning

The Smart Hub Offers

Blockchain and cloud powered communication hub

OBORTECH (OBOT) Accessible via easy to use web and mobile user interfaces, and an open API, the Smart Hub brings together supply chain actors, and enable their supply chains to share information, collaborate, conduct data analysis, and validate product traceability in real-time on a trusted platform.

Tamper-proof, unified and online document exchange

The Smart Hub allows secure sharing and exchange of documents with supply chain partners using blockchain powered version control. Authorized parties to any shipment can immediately see when changes have been made, and by whom, along a shipment journey.

IoT based real-time visibility and tracking

OBORTECH (OBOT) IoT sensors are installed on containers/trucks and transmit data to the Smart Hub dashboard to track valuable shipments, monitor their key physical measurements, and protect high-value products against theft. A client gets positioning data for shipment in real-time, irrespective of the shipping carrier they choose.

Open and decentralized networking marketplace

Based on the blockchain based trusted network established among the Smart Hub participants, the marketplace ecosystem will enable verification and scoring of stakeholders in supply chain without the need for third-party credentials. Moreover, the marketplace is a blockchain based decentralized ecosystem that enables buying, selling and exchanging of services without the need of intermediaries among the users. 

OBOT – DeFi for digital supply chain

OBOT token is a main instrument for digital economy of the Smart Hub network. Members of the network can use OBOT token on performing transactions on the platform, escrowing contract bonuses, launching crowdfunding activities to the network community, exchanging services in the Smart Hub Marketplace, voting on governance policies and activities of the network, and getting rewards based on their performance ratings in the network.

Problem

OBORTECH (OBOT) Supply chain industry has multiple actors having varying technical capacities. Not all actors can build and maintain expensive legacy systems. Technical inconsistency blocks efficient data exchange among them. Sharing data often requires manual, time-consuming, and paper-based processes. A customer support agent for a freight forwarder may have to make up to five calls to different parties to answer a simple location question including carrier, trucking operator, and rail operator. The World Economic Forum estimates that document processing accounts for 20% of the total transportation costs within global trade.

Solutions

OBORTECH’s founders started development of the Smart hub with integrated information ecosystem that include an access to real-time data and analytics and a greater shipment visibility. Based on effective combination of Blockchain and IoT, the Smart hub will revolutionize current logistics system into simple and secure mechanism introducing unified communication, better tracking methods as well as more transparency. The Smart hub function is comprised of the following parts:

• Blockchain and cloud powered communication hub. Accessible via easy-to-use web and mobile user interfaces, and an open API, the Smart hub brings together supply chain actors, and enable their supply chains to share information, collaborate, conduct data analysis, and validate product traceability in real- time on a trusted platform.

Token

OBOT token will be used for paying Transaction fee of the Smart hub on bundled services: (i) Blockchain and cloud powered communication hub; (ii) Tamper-proof, unified and online document exchange; (iii) IoT based real-time visibility and tracking, (iv) Open and decentralized networking marketplace (fees on service listings and conducting launchpads, etc). Every basic transaction, paid for in OBOT is split in the following ways:

• 5% is used for token burns to increase token scarcity and investor trust.

• 95% to the project development for Marketing, Community building, Network Admin fee, Non-Profit activities.

Staking Governance

Staking and Governance OBOT token holders can stake OBOT to generate passive incomes by various APY terms. By holding certain amounts of OBOT, they can maintain nodes in the marketplace’s blockchain network and participate in governance decisions. They can exercise voting rights on policies of new and existing features of the marketplace. OBOT owners can vote themselves or delegate voting rights to other members of their choice. Also in the Smart hub’s permissioned network, it will be required to hold certain amounts of OBOT to maintain nodes.

Roadmap

Faq Of OBORTECH