Blockchain meets Industry 4.0
ARXUM PRODUCTION PROTOCOL VIDEO
ARXUM revolutionizes the manufacturing industry by interconnecting manufacturers, suppliers and customers in one network. The network lets data be transferred effortlessly between the users, enabling customized manufacturing for the same price as mass production – for the first time in history. In turn, a completely new marketplace is created, where everyone can participate. ARXUM uses blockchain technology and is run by a team of experienced engineers. Watch our video to learn more about how we change the manufacturing world as we enter Industry 4.0.
ABOUT ARXUM
ARXUM is a team of experienced industrial engineers. We tackle problems in the manufacturing industry by interconnecting manufacturers, suppliers and customers in a blockchain-based network. Data can be transferred effortlessly between the users and machines, enabling customized manufacturing for the same price as mass production - for the first time in history.
ARXUM is based on a longtime existing German company in the field of process automation – Arend Prozessautomation GmbH. The businesses are separated to clearly distinguish between ARXUM's software and Arend's services. ARXUM combines software and hardware development competences with industrial production experience to attach physical machines to the Blockchain world. Arend provides engineering services in the field of industrial process automation and robotics.
What problems does the manufacturing industry face today?
Today's consumers want something more, something unique and tailored just for them. But for manufacturers, this is too costly to provide.
Manufacturers, clients and suppliers are scattered all over the globe, which makes it hard and expensive to communicate.
Older IT-systems are incompatible and production orders take hours of human labour to do.
Older machines are incompatible with one another and aren’t connected to the internet.
Documentation of production processes, shipping, proof-of-existence and proof-of-ownership is expensive.
The industry doesn’t have a trustless payment system, so it must tie up funds in a trust account.
ARXUM’s Solutions
When manufacturers use ARXUM’s technology, they can produce customized products at the price of mass production.
Individuals and businesses can come together in ARXUM’s marketplace and interact digitally to produce goods.
The production processes become quicker and cheaper thanks to the automatic production process that ARXUM enables.
Clients, manufacturers and suppliers gain a fully digitalized connection.
How Does It Work?
The ARXUM Connection Box (ACB)
The ARXUM Connection Box (ACB) is a device invented by our experienced team of engineers and programmers. It connects the physical world of machines to the blockchain. Through the ACB, machines are connected to smart contracts. The ACB can also receive and send payments and initiate production. That way, less manual labour is needed in the production process. ARXUM uses blockchain technology to automatically send production orders. Enormous amounts of money are saved by replacing manual labour with standardized framework contracts.
The ARXUM Production Network
When the ARXUM Connection Box is linked to production machines, a blockchain-based network is established. This is the ARXUM Production Network. The machines can interact with one another on the network and production orders can be downloaded straight from the blockchain. Easy! The network also works as a marketplace where individuals and businesses can interact and produce goods together.
The ARXUM Production Protocol
The ARXUM Production Protocol is what automates the manufacturing processes. It connects businesses, individuals and production machines with one another through smart contracts. It also delivers end-to-end visibility within everything that happens during the production. This includes things like proof of ownership, proof of existence, location and provenance.
These features enable Intelligent Production Facilities. Intelligent machines connected directly to the blockchain can exchange information and control one another. This includes machines with crypto-wallets that can pay other machines for actions, so called M2M payments.
What’s in it for the industry?
The manufacturing industry benefits greatly from using ARXUM.
Today's consumers want something more, something unique and tailored just for them. But for manufacturers, this is too costly to provide. But by using ARXUM, customization is possible at the same cost as mass production.
Small manufacturers can compete on the market when they integrate their machines in the ARXUM system. They are able to join the Industry 4.0-movement easily.
The costs associated with trust are reduced. Finishing orders that are never paid or declining jobs because of lack of trust is no longer an issue.
Tracking the origin of goods and proving provenance is cheaper and transparent.
Inventors and retailers can search for suitable manufacturers and suppliers worldwide and produce their product immediately, even across factories.
The ARXUM Connection Box can connect older machines without having to upgrade the machines first.
Collected machine data can be sold or used to optimize manufacturing processes.
How do consumers benefit from ARXUM?
A customer can for example have an old car part, that no longer exists on the market, re-manufactured.
Shoe retailers can offer each customer a customized shoe. Style, sole, cushioning, anything the customer could possibly want can be customized and produced immediately.
A customer buying a new car can customize the cars style and features. Even changes up until a few weeks before delivery can be made.
Because consumers can send their orders straight to the factory, they save time and money.
Summary
All participants of the ARXUM platform save money and time through the direct connection between factories and users.
ARXUM makes it possible to produce customized products at the price of mass production. It also gives people the opportunity to produce their own creations in a new marketplace. Manufacturers connected to the ARXUM Production Network benefit from secure connectivity, standardized technology and rich data attachments with each production order. All participants of the ARXUM platform save money and time through the direct connection between factories and users.
ARXUM's Production Network based on blockchain technology outperforms today's infrastructure. It lowers costs, increases processing speed and delivers end-to-end visibility of production fees, timing and delivery.
Blockchain technology keeps intellectual property secure. This also applies to:
• The procurement process,
• The proof of the manufacturing process and ownership
• The logistic process
• The service payment
Platform Principles
Team
ARXUM stems from an established German company in the field of process automation.
The founders of ARXUM are serial entrepreneurs and have several decades of professional experience. Their areas of expertise are software development and management of listed and private companies. The founders have also helped companies grow from a 0 to more than 200 million EUR turnover. ARXUM’s core team consists of software developers of embedded systems, application programming, industrial PLC systems and the blockchain.
Founder & Management
MARKUS JOSTOCK, PHD
Founder & Managing Director ARXUM
Markus is a seasoned management professional with more than 15 years' experience in full-stack software design and development.
He is responsible for the development of the ARXUM Connection Box with strong cyber security features and technology expertise in the field of Industry 4.0, Cyber Security and Blockchain applications.
Jens Harig, Dipl.- Ing.
Founder & Managing Director ARXUM
Jens is an experienced Manager with a technical background. A Venture capital investor in the phase of introducing the Internet and mobile technologies and experienced with IPO's. He spent more than 15 years in the IT industry.
He was CEO/ CFO of a rapidly growing, listed IT-company (IT services, software and mobile technologies) with subsidiaries in Germany and other European countries.
Team Members
Dirk Klein
Business Development
Dirk has many years of experience as business unit manager and is an expert in the field of automation technology. In technical management and business development, he gained knowledge of the beverage industry in particular.
Christoph Marx, M.Sc.
Hardware Development ARXUM Connection Box
Christoph is an electrical engineer with more than 20 years of practical hardware and embedded software development experience. He has comprehensive expertise in communication technology, hardware development for mobile terminals and payment systems. Christoph is responsible for the ARXUM Connection Box trusted hardware, including the secure boot foundations, hardware wallet and external machine interfaces.
Joachim Mieves, M.Sc.
Software Development
Joachim has 30 years of experience in software development and design, ranging from programmable logic controllers, industrial SCADA systems, CNC manufacturing centres, web programming and service-oriented architectures. He is responsible for the architecture of the ARXUM Connection Box, its integration in external software systems and the integration with the embedded DApp for Blockchain access.
Christian Meisberger, B.Sc.
Software Development
Christian studied computer science with a focus on secure and mobile system. He gained deep knowledge in cryptography, computer system security and communication in distributed networks. In the ARXUM team his responsibility is the secure communication, system protection of the ARXUM Connection Box and the security of the embedded DApps.
Nicolay Todorov
Head of Blockchain team
Nikolay, CEO of Limechain, brings together business understanding and experience in applying Blockchain technology. This deep appreciation of business needs alongside a firm grasp of the technical capabilities of Blockchain allows him to act as the crucial link between product management and the Blockchain developers.
George Spasov
Blockchain Development
George, head of the technical team at Limechain, has experience in leading teams to deliver successful software projects for everyone from startups like pCloud to international companies like IBM. His Blockchain expertise has earned him recognition as a top performer of the inaugural Blockchain Developers Academy run by ConsenSys.
Chris Veselinov
Blockchain Development
Working on Blockchain technology since its early days, Chris has built enterprise systems and blockchain applications for both corporate and startup clients. This breadth of experience gives him unique insights into applying the right Blockchain solutions. Chris is part of the Limechain team.
Vladdy Ivanov
Blockchain Development
Vladimir is the high energy perfectionist of the Blockchain team. His knack for creating DApps stems from his combination of experience in building web applications and applying Blockchain technology. Vladimir is part of the Limechain team.
Disa Braun
Copywriter & Brand Manager
Disa has a thorough background in linguistics having earned dual degrees in linguistics and professional writing. Displaying high levels of competence, she has written for blockchain startups, co-founded and operated an advertising agency, and currently works as a linguistic consultant and copywriter.
Mirna Secic
Community Management / Marketing Team
Mirna has key account management and customer care experience. This provides her with unique skill set for community and social media channels. She currently works as Director of commercial operations for a medical supply company. With over 2 years in Blockchain technology she has worked on a number of projects in different capacities.
Advisory Board
Axel Haas, Prof. Dr. h.c.
Founder ARXUM
Axel is a serial entrepreneur in the field of automation technology, communication technologies and industrial technologies.
He has more than 30 years' experience in managing small and medium-sized growth companies (up to ~ 300 million EUR turnover) including experience in IPOs and management of listed companies.
Jörn Hendrich Block, Prof. Dr.
Professor of Corporate Management at the University of Trier
Jörn is among other things: Professor at the University of Trier since 2012. President of the FGF, the leading academic association for research about entrepreneurship, innovation and SMEs in the D/A/CH region. Member of the Round Table Mittelstand in the Federal Ministry of Economics and Energy. Active as a founder and advisor in the start-up scene.
Hans-Georg Scheibe
Managing Director ROI Consulting GmbH
Hans-Georg's expertise covers supply chain management, operational excellence and business IT alignment. ROI is the leading Management Consultant in the field of Engineering & Production in Germany. Clients include renowned companies from the automotive, mechanical engineering and industrial goods sectors. Since 2013, Hans-Georg has led the ROI Management Consulting AG and Süddeutsche Verlag's Industry 4.0 Award.
Christian Ferri
President and CEO - BlockStar
Board Member - Blockchain Compliance Alliance
Christian is the President and CEO of BlockStar, a Blockchain Holding Company that invests, advises and trains on Blockchain and ICOs.
He also founded the Blockchain Compliance Alliance, a non-profit initiative supported by government agencies and influential entities in the space to create the first decentralized due diligence standard for ICOs.
Kersten Schütze
Blockchain advisor
Kersten has a background in the financial industry, having worked with FinTech companies in Europe and Hedgefunds in Asia. Kersten is also a start-up founder and working as consultant for ICOs and the Blockchain industry. He is active in the Blockchain community and seeks to bring Blockchain innovation into the industry.
Sergej Stein
Co-Founder DLT Capital GmbH
With a finance degree from Germany's leading business school, Sergej is an expert in executing ICO campaigns. His company DLT Capital supports promising Blockchain projects with the necessary experience to initiate successful project launches. The last ICO he advised raised more than $16 million.
Prof. Dr. Hans-Hermann Dirksen
Lawyer at LIEBENSTEIN LAW
Currently, Hans-Hermann works as a lawyer at LIEBENSTEIN LAW - a law firm for commercial law in Frankfurt am Main, Germany. His special emphasis is the creation and negotiation of license- and IT-project-contracts as well as data protection law and e-commerce. Since 2015, he is a professor at the Hochschule Fresenius Frankfurt. His interest and expertise is in bringing together real legal contracts with programmed smart contract on the blockchain. He is supporting ARXUM all smart contract related matters.
Prof. Dr.-Ing. Walter Jakoby
Professor of Automation, Engineering and Management at the Trier University of Applied Sciences
Walter is Professor of Automation, Engineering and Management at the Trier University of Applied Sciences since 1990. Furthermore he is active as lecturer at the Luxemburg University and as a consultant for industrial companies. He headed numerous projects in the fields of Automation, Electronics, Software-Development and Mechatronics. His Expertise includes Development of Cyber-Physical-Systems, Management of interdisciplinary Projects and Systematic Problem Solving.
ICO and Token Details
The AX token is ARXUM’s own token. It’s used to pay service fees and smart contract production order fees.
Smart contracts
Tokens used to pay for production orders are frozen for three years.
Loyalty
In order to use ARXUM, tokens must be staked by the manufacturers.
Discounts
If you pay the fees with AX, you get discounts.
Premium Access
You can use the token to pay for premium platform access. The tokens are then frozen for three years..
Buyback
ARXUM buys tokens back from the users and airdrops (redistributes) them among the users.
Tokenomics
ARXUM has declined to use an ecosystem growth pool that could dilute token supply and will instead purchase AX tokens from an exchange for the adoption campaign, allowing an 80% distribution during the ICO.
Hardcap: $18.75m
Softcap: $6.25m
Token Issued: 125.000.000
Token for Sale: 100.000.000 (80%)
Price per Token: $0,25
Unsold: Burned
Distributed: 80%
Type: ERC20
Bonus tiers:
ICO Phase 1: 35%
ICO Phase 2: 20%, 15%, 10%, 5%
Private Pre-Sale: $5.625.000,00
Crowdsale: $13.125.000,00
