by Catalin Iordache, blockchain concept manager at Lohncontrol

www.bursadelohn.ro is a B2B platform dedicated to the lohn textile industry in Romania. The idea was developed from concept to reality in 2016 and became fully operational in 2017. It is the only platform of its kind in the world and was developed by a a lohn confectioner who knew the business’s subtleties and the things that did not learn at school, that is, me. It works on a market that topped about 6 billion euros and attracted organically about 10% of the active companies in textile lohn in Romania.

The interest in this platform, which both buyers and manufacturers have seen as a good working tool in future production planning, has led me to think about building a global-scale project. Meeting with blockchain technology introduces in the relationship between the parties a trustworthy protocol, without a third party, revealed to me how to build this global platform and how to finance the implementation of such an extensive project through an ICO.

This is how the project lohncontrol.com has appeared. It has been a 16-month work to tokenize the concept, build a presentation site for ICO and especially coagulate a team of experts on the future platform’s work areas, the team to be able to manage and implement the project both in emerging and developing countries.

The result was that, from the very first days of listing on icobench.com, we enjoyed a very good rating and more than positive feedback from industry specialists.

stay tuned! www.lohncontrol.com