COLD CHAIN aims to establish an advanced cold chain by building an objective, transparent, and fair platform through blockchain. $CEB is an ERC20 utility token of COLD CHAIN on Ethereum with a total supply of 1,000,000,000.
COLD CHAIN plan to establish IoT system in the transportation process that requires monitoring such as product packaging and trucks, link real-time data through app development, provide all data required by customers, and introduce electronic service to reduce dependence on documents such as upload of shipment certificates. Through the COLD CHAIN platform, WEB-based data is accumulated and stored in a Cloud server, and data requested by customers such as temperature and humidity is encrypted through the establishment of a blockchain server. In addition, by developing and introducing the C.E.B Pay payment system to be developed in the future, the project is planning to make payments directly with tenants and customers who use COLD CHAIN service.
A payment system is established in the COLD CHAIN platform ecosystem, and $CEB tokens can be utilized. Companies and transportation engineers participating in the ecosystem can receive compensation for ecosystem contributions by providing relevant data for the development of the cold chain ecosystem. In addition, users can easily pay logistics costs through C.E.B Pay by utilizing the services provided by COLD CHAIN.
$CEB is the native token of COLD CHAIN. The COLD CHAIN platform rewards users for their contribution to participating in the token ecosystems. $CEB tokens are given to companies and transportation drivers who regularly provide information to build an efficient cold chain ecosystem. In addition, according to the scheduled COLD CHAIN business direction, incentives will be paid to participants who pass the examination well in cold chain-related lectures provided within the platform as compensation. As compensation, 50 million tokens will be incinerated quarterly to preserve the value and secure the liquidity of $CEB tokens.
