Technological progress of recent years has led to significant changes in most industries. At the same time, online foodstufs trade and inventory management of products in food-related businesses haven’t been developing at this same rapid pace and is currently stagnated.
Today, most entrepreneurs use electronic cash registers, tablets, phones and emails but it only accelerates the movement of documents. Some progress has been made in the trade of food supplies. However, it is mainly a tool for a limited number of professionals as it is very expensive and exclusive.The food trade is the largest industry in the world by volume: $7.6 trillion (as of 2016) and it is constantly growing. Box2Table platform can be used in any place where there is a need to buy food supplies.visit http://ico.box2table.com/ more information.
What Is Box2table ?
Box2Table is the first blockchain business management platform based on Ethereum for restaurants, food-related manufacturers and distributors, which will quickly be evolved to fit other industries. Our product creates relationships between entrepreneurs and foodstufs producers using blockchain technology as it opens endless opportunities for the world of business collaboration.
Box2table Inc. is a technology startup, which provides food & beverage enterprises with a comprehensive cloud-based Software as a Service (SaaS) with a Point-of-Sale (POS) terminal; an automated inventory management system powered by artificial intelligence and a decentralized blockchain trading platform between owners of small and large businesses as well as producers and distributors of products around the globe.
Vission & Mission
Majority of people see cryptocurrencies as an investment tool or, in the best case scenario, as a decentralized instrument for the transfer of value. Such an approach prevents the masses from taking advantage of blockchain technologies.
We believe that blockchain and crypto-technologies should be used for the benefit of the regular user, including those who have not even heard of the blockchain. Nowadays,cryptocurrencies are being widely used for many purposes such as buying and selling goods, digital publishing engagement, encouraging ethical business practices and to avoid corruption in organizations. However, due to high volatility and unstable exchange rates, more and more people are getting frustrated with them.
Box2Table’s mission is to provide entrepreneurs around the world with an all-in-one tool to aide in business management, inventory management, and the improvement of customer and vendor experience in the facilitation of foodstufs ordering directly from suppliers in an all-in-one platform. The system will include all needed tools for a food & beverage enterprises - our main goal is to facilitate every process and make management of a business as simple as possible,visit http://ico.box2table.com/docs/Box2Table_WHITEPAPER.pdf
Of the main features, we highlight:
- Forecasts use of stocks based on collected data of product usage
- Automated notifications on low inventory
- Forecast of profit and loss (expenses)
- Search for alternative suppliers based on the ranking, geographical location and relative similarity of the purchased products
- Sales analytics, imported from the POS system, that lets owners compare results over time on categories like repeat customers and new sales.
Main value of smart loans on Box2Table platform:
- Smart loans will enable enterprises to pay suppliers promptly, building your business credit rating and reputation.
- Cost reduction by eliminating intermediaries - implementing of remittance system between digital wallets.
- Loans will improve your cash flow by bridging the gap between the time when you must pay for imported goods and the time when you receive a payment for selling it.
- Comfortable conditions in loan terms - if a restaurant wants to borrow a specific amount of funds to pay for a goods order, it will need to purchase a number of B2D tokens worth of at least 50% of a transaction cost, which will be used towards the purchase. (i.e. for an order worth of 2000 USD the business will have to purchase an amount of tokens equivalent to 1000 USD).
- They enhance your bargaining power with overseas suppliers, because you will be able to agree for faster payment terms.
POS Problems:
Today, retailers are retiring their traditional cash registers and opting for state-of-the-art POS systems that utilize the latest technology. While the latest and greatest point of sale systems are leaps and bounds beyond their antiquated counterparts, POS system problems do occur.
Food & Beverage Establishments problems:
- Platform
The main problem is unavailability of a single platform and as a result, it is necessary to pay for several systems that are not connected with each other.
- Guarantees
There is no guarantee of the integrity of the delivered product, terms and quality. The restaurant sometimes are essentially paying for nothing. Our marketplace will make it convenient to indicate in the smart contract for penalties of faulty products.
Producers & Distributors problems:
- Distribution
The main problem for manufacturers and distributors is that many times they do not sell all of their product. Therefore, if they could find more customers, they could produce and sell more.
- Guarantees of Payment
For suppliers, it is important that they are not deceived and are paid all that is due. In the case of large orders, you must collect a lot of information to confirm the buyer's ability to pay. In our platform, we alleviate that issue with an escrow type function.
- Uncertainty
Suppliers have to constantly visit customers to check whether they need to update supplies. In half the cases, the buyer does not buy the goods.
Solution
The Box2Table platform solves problems for all market participants- both on the buy and sell sides. Food & beverage establishments are able to order the best products from local and/or international manufacturers with guaranteed quality and timely shipment.
Manufacturers and distributors will gain access to the newly formed market for direct sales with guaranteed payment for shipped goods.
With the blockchain technology, all operations between parties will be completely transparent - for example, the restaurant will be able to collect an order and receive the goods on time with proper quality, and suppliers will be guaranteed to receive payment within the framework of an agreement - after all, smart contracts on the Box2Table platform will be responsible for these operations.
Solution for Food & Beverage Establishments
- Box2Table POS system will have a number of features, which will significantly increase business’s productivity and reduce labor costs.
- Create your own customized menu in minutes and update it easily from any device anywhere. Educate your employees about your menu items and show your customers photos of your delicious dishes and drinks, which will make them order more.
- Update the layout of dishes served inside of the restaurant to manage orders more efectively.
- The owners of the business will be able to track which employee entered which order (made action), number of tables served and general information for the day (how many items were sold, number of orders, sales, profits and losses).
- An open API will allow other food delivery applications to send orders directly to the POS system, which will make them more efcient and reduce the wait time.
- All sales data, used products and other important information will be entered in the blockchain.
- Cloud data storage will allow it to immediately receive information on inventory management and bookkeeping to generate required accounting reports.
TOKEN SALE DETAILS
- Hard & Soft Cap
Hard cap is set on USD 19 M.
Soft cap at USD 5M.
If our ICO does`t reach
the soft cup by October 8, all contributors
will be refunded in full.
- Token Issuance
A total of 500 000 000 coins will be issued.
6 250 000B2C of the total supply is to be
sold during our pre-ICO
- Token Price
The price of a Box2Coin will be set as such: 0.12 $
and will be fixed to ETH price near the end of the ICO
Outline
- May 15– June 19: Pre-ICO Round
- August 8 - October 8: ICO Round
Roadmap
TEAM
George Dimitrov
Chief Executive Officer, Co-Founder
Alex Bedlitsky
MBA- Chief Financial Officer, Co-Founder
Steven Woods
Chief Business Development Officer, Partner, Seed Investor
Edwin Lisowski
Chief Operating Officer, Partner
Pavel Grinevich
Chief Technology Officer, Partner
Denis Gusev
Chief Marketing Officer, Partner
Wang Rihui
Asia Pacific Partner, Seed Investor
Jayson Ramdany
Risk Management Advisor, Partner, Seed Investor
Victoria Saucier
Business Development Advisor
Matt Gayevitz
Advisor
Jag Desaint
Business Development Advisor
Ilya Valasiuk
Platform Development Advisor
Veselin Dimitrov
Fin-Tech Entrepreneur, Advisor
For more Information,Please see the Link Bellow,Can Join Our Telegram Group : https://t.me/box2table_official
Website => http://ico.box2table.com/
ANN thread => https://bitcointalk.org/index.php?topic=4083714
Whitepaper => http://ico.box2table.com/docs/Box2Table_WHITEPAPER.pdf
Telegram => https://t.me/box2table_official
Facebook => https://web.facebook.com/box2tablecompany/
Twitter => https://twitter.com/Box2Table
Medium => https://medium.com/box2table
Bitcointalk Profile Link => https://bitcointalk.org/index.php?action=profile;u=1116890
Bitcointalk Username => araalfaris
ETH wallet Address => 0xD21b7600ff11bEfB00dff92252a16A2f2fdBF71a
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