Yani Fitriyah: INS ECOSYSTEM

The INS ecosystem will become the first global decentralized grocery marketplace where consumers can buy products directly from manufacturers, enjoy low transparent prices for a wide range of high quality products, and save on direct promotions. Manufacturers compete for consumers and interact with them directly.

INS will decrease food miles, enabling consumers to unimpededly access local manufacturers, including farmers. INS will implement the effective "pull" system to reduce inventories and out-of-stocks that would decrease the food waste.

Blockchain technology is an integral part of our project and it will mainly be used for the following purposes:

#. INS will manage complex supply chains from manufacturers, third-party vendors, operators and logistics providers. Blockchain transactions, containing order details and negotiated charges (in the form of smart contracts) will be used to retrieve documents, deliveries, and possible return events, and encourage financial settlement with fewer opportunities for disputes. The public-private nature of the blockchain record means that each party can make the data visible to others. All parties have visibility in the transaction and no special interface should be negotiated between partners (only to / from blockchain). This will reduce time delays, add human costs and errors, automate inventory controls, and simplify compliance processes.

#. Building a marketing program in blockchain is very disturbing. Manufacturers will be able to reward customers directly with INS tokens that can be spent immediately. The network effect of this will be enormous because customers will be highly motivated to spend their INS tokens. In addition, there is hardly any way how suppliers can interact directly with consumers and offer loyalty programs to them now.

#. Payment processing through blockchain within the INS Ecosystem is essential to provide high speed and low price transactions. The current e-commerce payment process requires more than 10 different steps to complete the transaction and up to 15 separate charges to pay for gateway payments, thus making transaction costs ranging from 2% to 6%, short cut-off routes with blockchain use. INS will provide a number of intelligent contract templates that will be used to facilitate the sales mechanism necessary for the supply and demand sides to engage in reliable trading transactions, in accordance with business rules, without the need for a central brokerage entity.

The ecosystem is constructed in accordance with scalable and decentralized approach which provides stability and stability in the long term.

Token INS is the only medium of exchange in the ecosystem, its value lies in the fact that with its help you can get bonuses, discounts and promotions, and it also serves as one of the currencies with the purchase and sale of products. Upon reaching the target, the sale will last for a maximum of a further 7 days, and when the hardcap, sale ends soon. However, tokens INS does not give the owner the right to receive dividends in the distribution of income, as well as the right to vote. Users will be able to pay cryptocurrency goods safely and reliably. If the soft cap is reached, the collected funds will be returned to participants.

The total number of tokens: 150,000,000.

ICO start date: 27 November 2017

Payment Accepted: ETH, BTC, LTC, DASH, USD

Target: 150,000 ETH

Softcap: 30,000 ETH

Hardcap: 200,000 ETH

Rate: 1 ETH = 300 INS

Minimum Contribution: 0.1 ETH

To become a member of the ecosystem, the user must create an account on INS platform.

During the registration, the system will create a profile and budget. The purse will be stored all the data in a decentralized database. It should be noted that the user data will initially be handled centrally on INS platform, so that the user would have an opportunity to submit feedback.

Later, data will be decentralized to ensure confidentiality. All smart contracts are limited in their ability to read data outside blockchain. Order status report will automatically generate in the execution process. Each participant will have the private key to your account, it is securely encrypted and stored in the wallet. Statuses are reflected in the chain, the data available to other participants.