What is Obortech?
OBORTECH (OBOT) is a blockchain and IoT-based platform that aims to revolutionize the existing logistics system into a safe and secure procedure by providing access to real-time analytics, data, and better shipment visibility. OBOT's founder, Tamir Baasanjav, initiated the expansion of the Smart hub with a reliable information ecosystem.
The Smart hub is an integrated system that caters to shipments in the supply chain from the production site or warehouse to the importer's hand. The platform uses blockchain and cloud-powered communication hub accessible through easy-to-use web, mobile user interfaces, or an open API. Blockchain technology enables numerous stakeholders to share information securely and privately without intermediaries, thus creating a chain of firm records. The idea is to bring all the supply chain actors together and let their supply chains share data, collaborate, perform data analysis, and confirm product accountability on a real-time basis over a secure platform.
The OBOT token is the native token of the Smart hub, designed to enable the payment of transaction fees on bundled applications such as blockchain, cloud-powered communication hub, decentralized networking marketplace, and IoT-based real-time tracking. OBOT creates a blockchain-based decentralized marketplace to facilitate purchasing, trading, and dealings of services without any intermediaries required by the marketplace users. The marketplace users monitor all the processes through smart contracts, which run in the form of protocols on the blockchain.
Furthermore, OBOT token holders can stake OBOT to induce passive earnings by several APY terms. By having specific portions of OBOT, users can preserve nodes in the marketplace's blockchain network and partake in governance determinations. The platform aims to modify the existing logistics system into an easy and safe procedure familiarizing unified communication, more suitable tracking methods, and better transparency.
The integration of blockchain technology and IoT in OBOT platform enhances shipment visibility, providing real-time analytics and data access. The platform allows for better transparency, which enables different supply chain actors to share data, collaborate and analyze information on a real-time basis. By enabling the blockchain-based decentralized marketplace, the platform eliminates intermediaries, which reduces the costs and increases the efficiency of the logistics system.
In conclusion, OBOT is a revolutionary platform that seeks to improve the existing logistics system's efficiency by integrating blockchain technology and IoT. The platform aims to eliminate intermediaries, reduce costs, and increase transparency in the supply chain. The native token, OBOT, is the primary mode of transaction on the platform, enabling users to stake and earn passive income while preserving nodes in the blockchain network and partaking in governance determinations.
The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.
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