IRONBLOCK - Optimize Market Service of Decentralized Machines



Infrastructure, mining and other projects require heavy equipment as the main tool. Many construction companies have no heavy equipment. In the end they rent from other parties.Online bidding for heavy equipment is becoming a trend today.

Online bid is not as smooth as expected so it creates many problems. There are 3 basic issues identified in heavy equipment leasing.

1. Holding

The exact data about the current machinery condition and its buyer or seller’s reliability is the main deciding factor in whether or not to purchase or lease heavy equipment online. There are also some fraud leasing company that make buyers doubt.

Another problem is arising when renting or leasing machinery one of the important contract conditions is the ability to control the leaseholder or renter’s commitment to comply with maintenance procedure requirements.

2. Third Party Brokerage

Another big problem is brokerage. Fee to pay a broker or a third party in a rental transaction or purchase of heavy machinery becomes a problem in financing. Why is that? this problem makes the cost increase to 100%.

There is no global infrastructure that would allow machinery buyers and owners to interact directly.

3. Banking files requirements

Banking requirements procedures become problematic in the correspondence. Banks as escrow services turned out to make the process of leasing and purchasing heavy equipment to be slow. many requirements file must be completed by the seller or buyer or leaser. For new, inexperienced companies dealing with filing procedures, complicated requirements are certainly not easy. This delay resulted in flow of sales or rental of heavy equipment decreased. The largest market players who can provide a solution to the problems described above, satisfy today only 2% of market demand. The rest of the sellers, buyers and leasing companies limited to local market.



 What is IronBlock?

IronBlock is a global decentralized platform designed to facilitate deals and optimize specialized machinery market services — with no middlemen involved.

https://ironblock.io/media/IronBlock_en_WP_2.0.pdf

How IronBlock Offers Fast and Economical Heavy Equipment Sale and Lease
IronBlock has the main task that will provide convenience not only to the owner or seller of heavy equipment but also to the user.

1. Validation Data

IrobBlock acts as the validator of heavy equipment data. IroBlock is responsible for validating the quality of the machinery, maintenance recording, issuing IronBlock License.

2. Escrow Service Based on Blockchain

Escrow services with blockchain provides certainty, openness, ease and speed of transactions. Certification of data issued by IronBlock includes L / C for transaction, Equipment logistics, Customs registration, and Legal support.




 IRB Token

Token exchange rate: 1 IRB = $0.12 Currency of purchase: BTC, ETH, ETC, LTC, BCH, DASH Maximum purchase: Unlimited The smart contract and the IRB tokens are ERC20-compliant and are based on the Ethereum blockchain. The IRB token is a utility token that serves as a payment unit for the in-platform services, commission fees, and settlement payments between the platform participants.

More information you can find on these links:

Website : https://ironblock.io/en/
Bitcointalk : https://bitcointalk.org/index.php?topic=2445696.msg25045003#msg25045003
Telegram : https://t.me/ironblock_eng
Twitter : https://twitter.com/IronBlock_io
Facebook : https://www.facebook.com/IronBlock-180804052474286
Medium : https://medium.com/@IronBlock_io
My profile : https://bitcointalk.org/index.php?action=profile;u=1409779

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