Our mission is to bring decentralized, immutable Blockchain technologies to the logistics and freight industry, advancing and enhancing supply chain transparency, and enabling trusted global freight, fleet and logistics transactions management.
FactR is an intuitive, fully integrated and easy-to-use system for freight quoting, dispatch, capacity management, load matching and real time asset tracking. Our tools are fast and easy to use – we work hard to make transportation & logistics business simple, intelligent and easier.
Our mission is to bring decentralized, immutable Blockchain technologies to the logistics and freight industry, advancing and enhancing supply chain transparency, and enabling trusted global freight, fleet and logistics transactions management.
With this we bring a trusted and decentralized platform, increased visbility, lower costs and intelligence to instant settlement.
Group CEO | Blockchain Entrepreneur | VeChain ICO Partner | Fund Partner | Exchange Founder | Singapore Rated on Oct 4, 2018
4
4
4
21%
Strong Commercial project. International team with record in data, freight and tech. It is clear that the freight industry requires blockchain and FactR may be of key importance should they execute on their product well.
Exchange listing consultant, Experienced ICO analyst, Owner at TokenCouncil.com, Token Sale Platform supplier, Advisor Rated on Sep 3, 2018 Modified on Sep 27, 2018
4
5
5
16%
Actually, I believe the team is impressive, however rated it with 3 since there is no ICO KYC conducted yet. I will gladly update that after it will be conducted.
The whitepaper is well-written and explained, however it is named "powerpoint presentation", so maybe the team will pay extra attention to details.
The logistics and supply chain themes were approached by many projects in the past and some of them became strong and are currently used in the real world, so there will be serious competition out there for this project.
I like the fresh approach, as they chose Stellar as a platform. It will be interesting to see what can be built on it.
Update: rated the team with 4, as KYC has been conducted. Also noticed the team was responsive to my feedback and renamed the whitepaper.
ICO Advisor, Community leader and COO/Co-founder Krypt.ly Rated on Sep 27, 2018
3
2
4
15%
Team passed KYC,but they don't speak about their project on their connected LinkedIn profiles,which makes it look like a side project for them,and they will need all focus on the project for investors... Team consists out of 4 members without advisors and blockchain contractor included. The logistics industry already has some strong crypto projects (Morpheus network for example) and they will need lots of hype and strong product to compete but they have almost no community and telegram action. to download the whitepaper you have to give your name and email, what if investors don't want to share those details intially? Only 25% being sold on public and pre sale which is very low. MVP available
Thank you Stephan - we have the whitepaper available for download (https://www.factrpay.io/FactRWhitepaper.pdf) without the name/email, but also, we want to know who is interested (KYC?) in our platform.
Additionally, my LinkedIn does have me listed as Founder and CEO, and we post quite regularly on the business/project. I do however feel that we don't need a lot of hype, since FactR is mainly used with an internal token, for escrow based settlement via finance partners, this not needed to raise funds, etc.
I do appreciate your feedback and taking the time to post here - it will now drive further changes and make our offering stronger. Best, Cory
Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer's results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.
Ratings and ICO analyzer results are being updated (re-calculated) every few hours.
Complete Technical Design (TMS/Hyperledger/Stellar) of the logistics platform, smart contracts, escrows, token assignment/creation/burn and settlement via finance partners
2
(**Completed**) Token Creation
Create and publish/establish tokens for investemnt and utility within escrow create/transfer/burn processes on the platform and wallet.
3
(**In Progress**) APIs and SDK
Complete APIs and SDK development, testing and deployment
4
(**Completed**) KYC/AML Mechanism for RoadLaunch/FactR
Need KYC/AML Mechanism for RoadLaunch/FactR.
Develop and integrate KYC/AML functionality
5
(**Completed**) Mechanism for semi-automated token purchase/sale
Development - Mechanism for semi-automated token purchase/sale
Provide users with a way to purchase/sell tokens directly from platform and wallet / SDK
6
(**Completed**) - Develop secure transaction wrapping and chain of custody
Development - Develop secure transaction wrapping and chain of custody
7
(**In Progress**) Mobile app changes for digital wallet
Update Mobile App with FactR wallet, other needed changes for SDK and multi part usage
8
(**Completed**) Integrate FactR SDK and associated community for partner/developer community
Build out multi language SDK for FactR wallet to be used in multi-industries (new wallets for new app and other applications)
9
(**In Progress**) Integrate with RoadLaunch Hyperledger/Platform
Integrate with RoadLaunch Hyperledger/Platform - Milestone for the TMS, Hyperledge to be able to invoke FactR wallet
10
(**In Progress**) Test Transactions / Settlement flow
Testing the workflow and transactions of the TMS & FactR wallet
11
(**In Progress**) User Acceptance Testing
User Acceptance Testing - UAT formal acceptance and signoff
12
(**In Progress**) Support technical migration and Go-Live
Post UAT, document and plan technical code migration for Go Live
13
(**In Progress**) Upload Wallet code to GitHub / Code Sharign for partner use to production go live
Provide all source code for RoadLaunch and FactR as updated/developed for approved partners
