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is the new hERC Tokens?

Hercules Software Company is proud to announce their new and upgraded tokens! Hercules has released a new hERC-1155 token and has upgraded their current hERC-20 token. This allows the upgraded hERC-20 Token to have fungible, non-fungible, and semi-fungible tokens within one single transaction. This means Hercules Software is the first and only enterprise blockchain solution (beyond gaming) to utilize the powerful and unparalleled advantages of ERC-1155. (keep reading this becomes a lot easier to understand below).

Why introduce hERC-1155 Token?

The Hercules team believes in staying ahead of rapidly growing blockchain innovation. Recently, the Ethereum Foundation officially accepted the ERC-1155 as a standard, providing…


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The global supply chain consists of numerous, interconnected value chains. To achieve optimal supply chain efficiencies, more businesses need to rethink their supply chain network designs. Hercules’s team recognizes the current state of global value chains can be made more efficient by the application of blockchain supply chain technology.

To give some perspective into the kind of impact a blockchain-based, supply chain protocol like Hercules can have, according to the European Commission: “Success in the intensively interacting new world economy depends on enterprises’ ability to access international markets and exploit global value chains.”

International production and trade are largely organized…


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Progress Update

The Hercules team has been in full-steam excitement mode of late, starting with the success of Hercules Supply Chain Protocol’s mainnet launch on October 29. Since then, we’ve been celebrating a series of achievements. As part of the Hercules community, we wanted to keep you in the loop and share a virtual toast to progress.

Introducing… Hercules Supply Chain Blockchain Protocol

Hercules Supply Chain Blockchain Protocol is the the first commercially viable, decentralized, and fully open source blockchain-based software designed to improve transparency, security, authenticity, and validity of supply chain data while stabilizing costs. …


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LATOKEN opens deposits for Hercules (HERC)
Deposit HERC NOW: https://bit.ly/2EShiwQ
Please wait for further updates. Visit https://herc.one

LATOKEN is a rapidly growing crypto exchange for new tokens with more than 80,000 registered users, and 180+ crypto pairs available.

About Hercules

Hercules is a commercially viable Supply Chain Protocol protocol which leverages Bitcoin, Ethereum and other public blockchains to lower volatility and make the cost of using blockchains more predictable. Hercules is decentralized and powered by HERC tokens which are required to record and validate supply chain data. …


Fact: Current Supply Chain solutions are expensive. It is also a fact that companies with global supply chains could be standing on a cost base of which 90% is attributable to supply chain expenditure. The constant question for entrepreneurs, small companies, and large companies alike is: Can costs be saved by improving, streamlining, and optimizing the supply chain process?

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Challenge

According to the Logistics Bureau, a 2014 survey conducted by PwC revealed that businesses with optimal supply chains have 15% lower supply chain costs, less than 50% of the inventory holdings and cash-to-cash cycles that are at least three times…


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Blockchain technology has emerged as a disruptive technology that has the ability to transform supply chain ecosystems by offering an unprecedented level of transparency, which is hoped will result in greater supply chain management efficiency. In the context of supply chains, transparency refers to information available to companies involved in a supply network, which means that solving the problems with today’s supply chains requires a streamlined, efficient system with trust at its core.

Decentralized blockchains deliver transparency and trust by default and with increased understanding and adoption of the technology, the development of dedicated supply chain applications will revolutionize inefficient…


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The end of the centralized supply chain era?

Blockchain technology creates many possibilities within the supply chain space. From a historical view, the industrial era brought about the centralization of production. Mass manufacturing, for example, helped make centralized production more efficient. This centralization came in the form of large factories where raw commodities were turned into finished goods.

For example, Ford produced all their cars in a small number of factories, which brought together raw materials like rubber and steel and that had the capabilities to deliver finished automobiles. Centralization did not just affect production, but finance mechanisms as well. …


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The Next Frontier Of Supply Chain Management

Supply chain management involves planning, implementing and controlling supply chain operations, which typically include the movement and storage of raw materials, work-in-process inventory and finished goods from the point-of-origin to the point-of-consumption. The difficulty, however, comes with trying to find the best supply chain configuration that enables operations to be run efficiently and responsively.

Supply chains continue to increase in complexity due to greater product and service sophistication, outsourcing, regulatory and compliance requirements, supplier and customer networks or markets that are geographically spread, and risk/security issues, to name a few. …


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It is becoming increasingly apparent that supply chains across industries will be reimagined and revamped by using blockchain. This transformational technology offers a much safer and more transparent way to connect businesses and track and/or exchange any type of asset.

Blockchains offer a solution to the growing problem of managing sophisticated networks of manufacturers and suppliers. At a time when transparency, speed, cost efficiency and agility are becoming increasingly indispensable to success, innovative and smart ecosystems are emerging. …


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The industry standard for supply chain management does not currently offer a real-time view of all transactions to all the parties involved in a supply chain. This significant challenge is addressed by Hercules, which is built on the blockchain and enables immutable data to be shared among network participants and updated in real time.

Introducing distributed ledgers to supply chains means that different parties can simultaneously look at digital and physical products in the supply chain, enabling them to eliminate inefficiencies in reconciliation processes. Distributed electronic ledgers and data to connect suppliers, customers and intermediaries within a supply chain are…

HERC Token

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