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.
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In the age of consumerism, when it is common to throw away the “outdated” possessions long before they become really non-functional, there still is a place for such thing as warranty.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.
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.
About Coin
Our COIN
Decentralized cryptocurrency WAC is the means of payment for the whole Warranty chain network and beyond.
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
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
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.
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