Volum - The Unique B2B Platform
To more readily comprehend the current theme, it is appropriate to have a decent handle of the subject "Holding Organization". A holding organization is a focal venture that has responsibility for organizations shares remarkable. They have enough casting a ballot stock to cast a ticket in another association. This means it can control that association's approaches and administer its organization decisions. Regardless of the way that a Holding organization guarantees the advantages of various associations, it just keeps up oversight limits, and thusly does not successfully look into keeping up a business' ordinary exercises. A holding organization exists exclusively to control/supervise distinctive organizations, these organizations might be diverse sorts. Holding organizations also could have properties, for instance, land, licenses, stocks, diverse assets.
VOLUM is a holding company formed by Bengala Technologies, LLC and International Spirit and
Beverage Group (ISBG). Bengala is a blockchain software development company and ISBG (OTCQB:ISBG) is a top-tier incubator for early stage brands in the wines and spirits market. The VOLUM platform delivers a disruptive logistics and supply chain solution to a variety of industries, including but not limited to the $391 billion alcoholic beverages industry and the $1.4 trillion global advanced energy market. Built upon the Ethereum blockchain, the VOLUM platform utilizes its own native currency, VLM, a mined coin that employs smart contracts for the settlement of a wide variety of transaction types between ecosystem participants.
About VOLUM
VOLUM is a Holding organization that needs to use the enormous possibilities that are bound in the Holding organization structure. In doing it, it has chosen to take the innovative course by presenting and creating VOLUM on Blockchain innovation. This innovation isn't new to numerous any longer as its possibilities, just as submerge benefits, have been seen crosswise over different parts in the globe today extending from wellbeing, development, land, business, and parcels more segments. This Holding organization structure is one that when appropriately used can be problematic to whatever area it's been engaged with. Some key advantages of Holding organizations and part of why VOLUM upped the ante by coordinating Blockchain innovation incorporate;
- Hazard Confinement
- Expense Amplification
- More control with less Capital
- Obligation Insurance
- More Subtleties
The VOLUM Holding organization was shaped by Bengala Advances, LLC and Universal soul and drink group(ISBG). Deserving of note is that these two organizations are not new but instead have been settled in their different ventures of worldwide propelled vitality and mixed refreshments separately. These organizations have withstood the trial of times and experienced gigantic development in their different enterprises. It's this sort of achievement that ought not out of the ordinary or should I say, ensured with the VOLUM. The president and administrator of ISBG Alonzo Puncture is the fellow benefactor of VOLUM close by Arnaldo Detres who is the author of Bengala Innovations. As should be obvious, the group is solid and outfitted with all around experienced people over their different fields.
Volum Business Model
VOLUM maximizes investment value and stability through its holding company structure. VOLUM invests in portfolio companies that currently possess, or have the ability to easily create, long-term asset value. This offers VOLUM investors diversification across multiple companies and industries. It is widely understood in the investor community that the mortality rate of any startup company, whether on or off the blockchain, is very high News Bitcoin.com conducted a study and found that fortysix percent (46%) of all the ICOs launched in 2017 ended in failure either as a result of not raising enough money during the TGE or later as a result of not delivering a product.1
As a result, investors are attracted to holding companies which distribute the risk among multiple organizations.
In its selection process for holding company investments, VOLUM seeks, identifies and vets the best-ofthe-best opportunities. It is not a requirement for an operating company candidate to be blockchain based, although it is preferred, especially when the VOLUM platform and VLMs can be leveraged.
Primarily, VOLUM searches for companies with disruptive business models and compelling revenue models, favoring those that possess intellectual properties. VOLUM abides by an overarching strategy to combine synergistic companies in a portfolio that will benefit from one another, or from a common infrastructure and whenever possible, a single token for blockchain based operations.
VLM Tokens and TGE Update.
The VOLUM Stage depends on the ethereum Blockchain and has a local cryptocurrency(VLM). This would be utilized for any sort of budgetary installments on the Stage. A Token Age occasion would before long be en route for VLM Tokens, a greater amount of this on the site (connect gave underneath).
VOLUM Token Details
VOLUM is a blockchain ecosystem for farmers/growers, manufacturers, distributors, public utilities, governing agencies, taxing authorities, brands, financial institutions, IoT and EoT data collection and storage, and more. Operating primarily as a B2B platform in a manner similar to popular wholesale-toretail online markets, VOLUM has a native cryptocurrency on the platform called VLM, that is required for access and use of the platform.
The construction of VOLUM on a blockchain framework is for reasons of transparency and ledger technology that provide every company or client with the ability to do business securely and track and trace the data involved using smart contracts and blockchain validation.
The VOLUM platform already has a number of proof-of-concept subjects confirmed for a trial including an international distillery, a bottle manufacturer, a liquor distribution company, a healthcare company, a construction company, an import and export company and two liquor brands. The VOLUM platform is built upon the Ethereum blockchain. Ethereum is an open-source, public, blockchain-based distributed computing platform and operating system featuring smart contract functionality.
There are two (2) Ethereum token types that will be used on the VOLUM platform.
ERC20 token – ERC-20 is a technical standard used for self-executing smart contracts on the Ethereum blockchain for use on fungible tokens. The clear majority of tokens issued on the Ethereum blockchain are ERC-20 compliant.3 Each ERC20 token is the same as any another ERC20 token.
ERC721 token – Some tokens will need to be specifically unique and non-fungible. The protocol for enabling these types of tokens is ERC721. This type of token is used to certify authenticity, validate rarity and to further ensure immutability to prevent unauthorized copies. Each ERC721 token is unique from any other token.
The VOLUM platform will support a large number of actors (user types in the ecosystems of its various portfolio companies) and those actors will execute a wide variety of transactions types.
Roadmap
Team
You can use this information for a detailed study of the project:
Website: https://volum.io/
Whitepaper: https://volum.io/assets/images/volum-whitepaper.pdf
Twitter: https://twitter.com/IoVolum
Facebook: https://www.facebook.com/volumproject/
Telegram: https://t.me/volumholdings
Bounty0x Username: sabir