Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Karuschain - 💍⛰👷‍♂️ Responsible precious metal mining 💍⛰👷‍♂️
by
roomgoldtribho
on 29/01/2020, 11:42:53 UTC



No he is now the founder & chairman and we have hired a new CEO


Will you monitor compliance with LBMA and OECD standards?
Are LBMA and OECD your partners? https://medium.com/@karuschain/what-is-clean-mining-915a7f0e5e7b


We don't control industry and regulatory rules and standards, the OECD, governments, and organisations like the London Bullion Metals Association(LBMA) set stringent standards and requirements. Our blockchain solution allows miners to comply by providing a set of trusted data records that can't be manipulated so reducing their compliance and regulatory burden. If a miner does not comply, this will be captured on the blockchain and can't be removed or erased so they are incentivised to do it right, hence the Karuschain slogan of "doing it right”


Does Anton Van Der still work on your project? What functions does it perform?
https://www.youtube.com/watch?v=UdpY66MqWzU


Yes we are still working closely with him & the rest of the MineRP team to further develop our product


Why did you make the CEO of your company laugh?
Does Ryan Steil have experience in blockchain companies? https://twitter.com/karuschain/status/1221071516391092228


All the information about our team is on our website: karuschain.com


Is Karuschain SecureCapture a new division of your company?
https://twitter.com/karuschain/status/1221071516391092228


SecureCapture is our newest MVP

Karuschain Founder & Chairman Richard Verkley says, “Karuschain SecureCapture will function as the secure data flow to the Karuschain platform. By integrating Karuschain SecureCapture into the mine operation tech ecosystem Karuschain technology will capture data across selected databases and provide data immutability. Data immutability will ensure that even system administrators will not be able to change data retrospectively in order to commit data fraud. It will act as the first step to securing provenance and solving the long-standing issues around efficiency, data integrity, transparency, information sharing and traceability for miners and others throughout the precious metals supply chain."


What events has the Karuschain team recently participated in?


Follow the link to learn more about the event in Singapore: https://chainbulletin.com/karuschain-presents-mvp-in-singapore-as-latoken-ieo-commences/?fbclid=IwAR3tFkfOtWTV2abf-_QmeFN1MqV0i2AEYRPoZkMoVgyd6ZmtnScYjnfqKMc


Will you create a rating of mining companies based on the data entered in your blockchain?


No we are not regulators. Although, we will work with miners & use the secure data tracking & storing functionalities of our enterprise blockchain solution to help them meet any necessary rating criteria & improve compliance standards.


That is, it is Karuschain SecureCapture that is involved in the development and testing of your blockchain?