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Milestones MustangChain

Digitizing The Equine Industry

Digital solutions for the equine industry: MustangChain aims to set a global standard to counter fraud in the equine industry by introducing tamper-proof passport authentication, equine identification, and a swiftly accessible and decentralized data platform, thereby establishing trust among all participants within the ecosystem. Horses will have a NFC chip integrated passport that grants access to a horse’s data record on the blockchain, registering items such as ownership, studbook, medical records, breeding history, and other important variables necessary for informed trading, breeding, and handling.

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1 MUST = 0.000005 USD
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Research for whitepaper commences; field research, investigation of current issues in the equine industry, and examination of technical feasibilities;
Primary industry difficulties identified and reviewed by the core team.

Q1 2018

The Foundation opens its office in Nijmegen;
The Foundation team forms; developers, equine experts and professionals, government policy advisors, equestrian federation liaisons, marketing and sales experts, lawyers, auditors, and governance agents;
The Foundation presents key stakeholders the technical and business solutions;
The Foundation presents key stakeholders the Sealed Verification System (SVS); NFC-to-
blockchain, microchip, and iris scan solution;
Strategic partnership working in collaboration with the VeChain Foundation begins.

Q2 2018

MustangChain agrees on business and technical proposals with the VeChain Foundation;
VeChain Foundation announces MustangChain to the public;
The Foundation publishes the whitepaper;
Core team expands adding IT and development leads, project managers, and advisory board members.

Q3 2018

Publication of the technical documentation;
The public Token Manifestation Event launches on the VeChain Thor platform.

Q4 2018

The Foundation receives final industry feedback on the application PoC (Proof of Concept);
First official MustangChain meetup on a to be announced location;
Opening a second office in a to be announced country.

Q1 2019

The Foundation releases the application for key stakeholders that are authorized to write to the MustangChain.

Q2 2019

The Foundation releases the official app for Android and iOS with the ‘Authentication and Verification’ feature;
The Foundation releases the feature in which users can identify themselves and make a horse registration request.

Q3 2019

The Foundation adds MustangChain token wallet functionality to the applications;
Publication for third party participation including technical guidelines and a developer kit;
Exploration of the validity of NB-IoT chip solution with equine leaders begins.

Q4 2019

The first pilot using an NB-IOT chip solution concludes, the data collected is analyzed and interpreted.

Q1 2020

The Foundation will initiate the development of community driven Dapps on the platform;
The Foundation releases the Auction Hall and X-Ray Dapp on the platform.

Q2 2020

The first pilot using an NB-IOT chip solution concludes, the data collected is analyzed and interpreted;
The Foundation releases the Data Analytics Dapp on the platform.

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