About

What is WAC

The Warranty Chain (WAC) project has a goal of implementing easy recording of warranty documents and service tags to blockchain – for the convenience of the users – and then persuading manufacturers and service companies to acknowledge this format of warranty related data.

We are building a useful platform

The first stage of WAC project will be the creation of the possibility for anyone to upload a scan or other digital image of a product warranty to the blockchain.

The second stage of development will include the development of a convenient wallet with a database of your purchases, serial numbers, warranty documents and service tags.

On the third stage of project development our team will be communicating with vendors and service centers, trying to convince them to make blockchain recorded warranty documents and service tags official. Surely it won’t be easy, but as cryptocurrencies and blockchain technologies are slowly but gradually becoming a part of everyday life, we believe that progress will be made. Ideally, for each product you will be able to obtain a QR code that could be scanned from the screen of your smartphone at a service center accepting Warranty Chain integration – or a specific digital key you could use in correspondence with the vendor or service center – without the need to ever keep a bunch of paper documents, systemize and search for them all around your place.

What is Crypto?
Solutions

Problems & Solutions

We present a project with a use case targeted at preserving consumer warranty documents and making their use more comfortable.

Problems

In the age of consumerism, when it is common to throw away the “outdated” possessions long before they become really non-functional, there still is a place for such thing as warranty. Mass industry and global logistics have their drawbacks which result in particular individual goods or whole production batches to be defective due to mishandled transportation or wrong/broken components installed.

It is common knowledge that in order to claim your warranty and have a replacement or a repair, you must present the retailer or service center a number of documents, including a proof of purchase and the warranty certificate. The usual situation is, however, that these documents are stored in disarray around one’s living quarters.

problems-graphic

Solutions

The goal is to create a decentralized storage space where one could keep the scans of purchase receipts, warranty certificates, service tags and serial numbers, and other information – and to have easy access to this database through our client software. Heavy encryption will make sure that only you have the access to your data.

problems-graphic
About Coin

Our COIN

Decentralized cryptocurrency WAC is the means of payment for the whole Warranty chain network and beyond.

token-distribution

Warranty Chain / WAC

TECHNICAL SPECIFICATIONS

Name/Ticker

Warranty Chain / WAC

Consensus

POS

Blocktime

60 s

Blockreward

1-5

MN/POS reward

50/50 – 85/15

MN collateral

1000 WAC

Total supply

21 000 000 WAC

Premine

1% (210 000 WAC)

Coin Stats

Coin Distribution

token-distribution

Premine: 210 000 WAC

Public sale 67 200 WAC

Marketing 46 200 WAC

Salaries 33 600 WAC

Promo 29 400 WAC

Dev fund 33 600 WAC

Documents

Whitepaper

whitepaper

Read Whitepaper

Though the current time we are living in is 21st century, an age of tremendous technological growth and advances in many spheres of human life, certain outdated and old-fashioned ways and practices still exist.

The Warranty Chain (WAC) project has a goal of implementing easy recording of warranty documents and service tags to blockchain – for the convenience of the users – and then persuading manufacturers and service companies to acknowledge this format of warranty related data.

Read more:

Roadmap

WAC Project Estimated Milestones

Q3 2019
First exchange listings.
Surveys of service centers.
Development of new features.
Live Now
Q4 2019
Mobile wallet release.
Implementation of blockchain data recording.
Q1 2020
More exchange listings.
Integration of a purchase database into WAC wallet.
Q2 2020
Communication with small vendors and service centers.
Q3 2020
Communication with medium-scale vendors and service centers.
Q4 2020
Thorough Marketing and PR campaign.
Development of commercial applications.

Wallets