A. The reason for having the BlockRx Token is simple. Incentivize participation to improve the underlying processes in the BioPharma Industry by leveraging Blockchain technology in order to bring lifesaving medications to the Global marketplace faster and cheaper.
A. The Blockchain is an electronic public ledger which records digital registry and asset transactions. The Blockchain can also be used as a ledger for audit and tracking progress. The Blockchain is a very secure tool leveraging encryption keys, algorithms and electronic wallets. As a registry, the Blockchain is the next generation technology that ultimately all retailers, financial institutions, government agencies, and business will utilize to support their operations.
A: Go to https://www.blockrx.com/join-token-sale/ and follow the instructions on the website or watch the video below.
A: Sites like myetherwallte.com make it easy. Visit https://myetherwallet.groovehq.com/knowledge_base/topics/how-do-i-create-a-new-wallet for details.
A: You can access the Terms of BlockRx Token Sale by following this link: https://www.blockrx.com/wp-content/uploads/2017/07/Terms.pdf
A: We accept Bitcoin, Ethereum, and Litecoin.
A: The cryptocurrency wallet addresses are on our Token Sale page: https://www.blockrx.com/join-token-sale/ We do not publish the cryptocurrency wallet addresses anywhere else. This includes email, Slack, and Telegram. You must only use the cryptocurrency wallet addresses listed on the Token Sale page.
A: Yes. The bank wire transfer information is on the Token Sale page.
A: We publish the relevant information on our BlockRx site. In addition, you can subscribe to our Slack Channel (https://goo.gl/forms/Wwl1zFLNIgUPvGnt2) or Telegram (https://t.me/BlockRx). If you are still hungry for more information, you can schedule a chat with one of our team members. Just fill out the registration form on the Token Sale page (https://www.blockrx.com/join-token-sale/), or reach our team via Telegram or Slack.
A: After the Token Sale ends we will undergo an audit. Your registration information will be used to ensure that there are no transaction errors and to distinguish between buyers who want to participate as Patients, and those who are Pharma Industry members.
A: Because the BlockRx Token has functionality specific to the Pharma companies, they will be acquiring the BlockRx Tokens at an enterprise level. This activity will have a very positive impact for all BlockRx Token holders as it will lead to increased usage of the BlockRx Pharma Ecosystem by enterprises as we work towards patient involvement.
A: We are reserving 60 million BlockRx Tokens for the Pharma companies; however, they can also acquire their BlockRx Tokens from an exchange.
A: Our objective is to provide an end-to-end solution, and no single sensor is used as an end-to-end metric in the Pharma Supply Chain. Given this limitation, the BlockRx Pharma Ecosystem is flexible by design and can leverage data from any source that has been identified as relevant to the goals of track and trace, including IoT/sensors. Our business model does not look at adding another IoT device to an already saturated field, but ensuring we can handle data from the devices that are used.
A: The BlockRx Pharma Ecosystem is built on three components: the Blockchain, the BlockRx Token, and Advanced Digital Ledger Technology (ADLT™). ADLT translates legacy data for the blockchain, so Pharma can continue with their existing internal systems. It is the portal through which Pharma companies will exchange and view data.
Watch the video to see ADLT in action: