Measures absolute and relative price fluctuations over several time frames and other variables.
Calculates returns in comparison to moving averages and other factors.
Measures the ability to scale, upgrade and other technological weaknesses or strengths.
Evaluates public acceptance, participation of developers and other key factors.
THE VERY FIRST BLOCKCHAIN PROJECT WITH A GOAL OF IMPROVING THE WORLD’S TRADE ECOSYSTEM
SILKCHAIN is a global trade chain and the first to work dynamically with blockchain. It wants to improve the many processes behind international trade. It’s also decentralized in its approach….
SILKCHAIN gets its combined name from the words SILK and BLOCKCHAIN and, as such, properly represents the best of both. It refers to silk, for one, as the most traditional, ancient currency first used in international trade. And the word CHAIN refers to the disintermediated process behind it all, where the blockchain at work hopes to more properly secure the network and its many ledgers all without falling under the many risks so often inherent within a sole, centralized system. SILKCHAIN’s also a DAO, or DECENTRALIZED AUTONOMOUS ORGANIZATION, and plans to remain one until its project’s full completion.
Its digital token is known as the SILK. SILKCHAIN works with the ITDC, otherwise known as the INTERNATIONAL TRADE DIGITALIZATION COMMISSION, an entity both founded and based out of Singapore. Both ensure decentralized, global free-trade.