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Vladar49
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ARXUM Brings Blockchain to the Manufacturing Industry – Announcing ICO

Fri Jun 08, 2018 12:21 am

In a world that develops faster than ever and becomes more globalized and individualized by the day, it’s a challenge for manufacturers to keep up. Today's consumers want something more, something unique and tailored just for them.

But for manufacturers, this is too costly to provide. To meet the new demand, ARXUM, a company run by experienced German engineers, provides a solution based on blockchain technology. ARXUM’s Connection Box interconnects production machines in manufacturing facilities and even across factories, countries and continents. When connected to the ARXUM Connection Box, the machines can communicate on the ARXUM Production Network, downloading information like process orders directly from the blockchain. All information sent on the network is kept safe by ARXUM’s Production Protocol. The technology that ARXUM has developed saves time and radically lowers manufacturing costs. New business opportunities arise, as everyone have access to the network and can exchange information and services. Manufacturers can even provide consumers with personalized products – at the cost of mass production.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/arxum-brings-block ... -industry/

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Vladar49
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Joined: Tue Nov 28, 2017 11:26 pm

Re: ARXUM Brings Blockchain to the Manufacturing Industry – Announcing ICO

Tue Jun 26, 2018 1:51 pm

Coinbar Group Invests in ARXUM Shortly After ICO Announcement

Shortly after ARXUM’s ICO announcement, the Singaporean blockchain advisory and private investment group Coinbar invested in the ARXUM project.

ARXUM, a project that changes the manufacturing industry by interconnecting manufacturers, suppliers and customers in a network running on blockchain, announced its ICO last week. Shortly after, Coinbar Group, which is a private investment group consisting of academics, venture investors, market analysts, consultants and developers, invested a substantial (undisclosed) amount of ETH in the ARXUM project. Coinbar has previously invested in ICO’s of well-known players such as IOTA, Kyber Network and Zilliqua.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/coinbar-group-invests-in-arxum/

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