
@IT/OT Chain & Cloud Australia Pty Ltd
A simpler, more efficient solution to your Growth and Profit-Making needs!
Make the Growth Take the Profit
“Investors and Entrepreneurs! We are doing Deals Now .. ”
Disruptive Technology!
Enterprise-Web2/3
Innovative Hybrid Technology: Blockchains with Databases and Sealed-System Surveillance of Data Security Status
Step in at the ground floor and get set for meteoric rises as this ELEVATOR takes you on board our very modern Business Technology “Ship”.
Our software is based on the ultra secure and revolutionary Elastos Distributed Blockchain System. You may see our Security page for further details regarding the Elastos Smart Web and its strengths. The other pillar of Security relies on the ELA/ETH Blockchain. We have developed a way (refer to the Bucordo Project) of laying off the relatively high risk of defrauding a Database Network, onto the negligible risk of defrauding the ELA/ETH Blockchain. On this basis we offer a guaranteed seal of security on all transactions. 100% Fault Intolerance for Databases. Email us, and arrange to view our Business Plan (detailing monthly cash flows for 10 years from commencement of coding). Basically we are attempting to raise approximately $3.0m USD to complete development of Cheirrs. The 3.0m will secure a 35% share in the company.Please follow this hyperlink to reveal our Pitch Deck (29 Slides).
IT/OT Chain & Cloud Pitch Deck
The future also bodes well. Firstly, one of the major drivers of profit is the potential margin in the Land Title Registration Market for our convey-IT. By launching Cheirrs first we can develop Chubba Morris and convey-IT upon the revenue. Gross Revenue from Land Title Transactions alone, for our company, is predicted to be increasing by more than $50,000 each month, continuously, on the back of direct sales to Solicitors, and evidence-based, conservative & quantitative predictions of word-of-mouth recommendations amongst Solicitors ie we are expecting to achieve one extra sign-up per direct sale to a solicitor by word of mouth on average, based on the attractiveness of our Land Title Transaction prices. Further, our company specialises in building and deploying Enterprise Accounting Distributed Applications on BlockChains, and as such we are experienced in building “fully normalised” databases (to be backed by blockchains) and in working with teams of front end and middleware developers, employing formal (plain English) use case descriptions, screen mock-ups, data-maps and systems diagrams to convey our customers’ requirements. Real Estate Property based applications do not constitute our entire potential, as reference to other pages here will show.
This means ITOTCCA values our own intellectual equity in this venture quite highly, at around $AUD1.67m. This is borne out by the favourable Intellectual Quality, and the Price and Service provided by our products. This is very much a trail-blazing distributed Application-Set and System. Interest has been shown in our project (on Bitbucket and LinkedIn) by Major International Manufacturers/Producers and Traders, Banks (both Australian and offshore), supermarkets, health services & hospitals, Secondary & Tertiary Educational Institutions and Software Houses alike.
We are presenting far from a “vacuous” plan. We have definite sales strategies and targets, with “Conservative”, “Planned” and “Target” sales success predictions built in as variables, dependent upon various sales success rates across regions and cities. A Chubba Morris/convey-IT Sales Force is affordable with Cheirrs revenue, itself built on targeted customers. The above outcomes are budgeted for “conservative” sales rates, and would only be improved upon in operation. As you can see, we are not reliant on Trading in the intellectual ideas behind the Bucordo Project in particular, preferring to earn revenue from real applications which use these ideas.
The software is being built on thoroughly documented details and requirements, using Systems Analytical Techniques as well as talented Design.
We have completed much of the coding of the database structure with over 600 tables (in PostgreSQL ) for “Cheirrs“ and “Chubba Morris“ (& soon for “convey-IT“), ready to deploy in connection with Elastos SideChains. Many of the 300+ use case views and trigger functions are yet to be completed but are on track. Despite limited resources, the proof of concept’s front end UI’s are progressing.
We have a fully functioning database/webserver/blockchain/front end connection, where requests can be issued to the webserver, and responses from the database received and read, as expected. We are currently coding the Business Process Design System including interfaces to define Contract and Business Process Types in the database, which will lead to completion of an initial, and very fundamental set of Use Cases (based on the Accounting System and Smart Contracts in Ethereum – or possibly using Hedera as a smart contract alternative). This can be considered ‘Proof of Concept’ stage. We will soon be able to demonstrate several working multi-party transactional Use Cases, from their Front End GUIs (in these cases, the various parties’ GUI’s) as Contracts are enacted, via an Elastos TestNet Ethereum SideChain, through to Back End database information storage, following the rules for multi-party Transactional Accounting. Records of the transaction traces on the blockchains will be visible. The demonstration system will be a pilot system or Proof of Concept (POC)
ITOTCCA also has a secret component to our skills and products, which will produce innovative ideas and real-world applications.
The above developments mean we are also on the verge of completing the groundwork for ‘The General’, as well as a health sector supply network application, ‘The Medical’. Foundational databases exist. Consequently we are nearly in a position, after we have validated the operation of the accounting system, to offer The General and The Medical as DApps (Distributed Application) for license, with no preference between the Housing, Real Estate and Title Transfer projects (equity-funded at $2,890,000) and The General or The Medical (leased, with initial development costs), in terms of “first starter”. Chubba Morris and convey-IT are dependent on the prior commencement of Cheirrs or The General or The Medical (ie at least one initial Business Network).
The core Accounting System (our Block ‘n’ Tackle™ ) forms the basis for extensive native integrations within the applications. This includes all systems and tables on the database. It means, say, the Human Resources and Payroll Systems are not divorced from the rest of the system’s data (or each other), as well as many other integrations naturally occurring, including asset management budgets and development budgets integrated with overall P & L and Cash Budgets. Do it once only! No customers will need to interface their accounting systems with us (unless they prefer to) so there is no real need to use Xero, MYOB, Quickbooks, Oracle or any other proprietary Accounting system. Ours comes with full integration.
6. Always cash payments to be made to and from actual bank accounts. 7. All parties’ bookkeeping to be done for entirely internal payments; Only bookkeep for the internal party whenever an external party also involved. 8. The Actual Transaction handler or UpdateMaster() function needs to consistently and automatically cope with transactions of any legal (validated) kind involving an unlimited number of parties and where a Tx Date may be any legal (valid) date or Amount, either debit or credit, and must always ensure credits and debits balance appropriately. Note that a transaction occurring earlier than the present (ie essentially every transaction) is to be followed by an update of each financially affected historically subsequent account balance, up to and including all affected present records. This ripple-through effect of transactional functions is essential behaviour and relies on the Elastos BlockChain’s own Update functions. 9. The GUI Form and the need for an identical Headless Form implies the existence of a General Accounting Journal Object with fields for the ledgers/ accounts /classes/ branches/ programs/ projects/ etc, and amounts, to post to the appropriate CFinance-Class//Objects/Structs/Fields in the Master Ledger. I believe the Accounting Journal needs to be implemented in the node.js Middleware. 10. There needs to be provision for an unlimited number of parties in a single Transaction (ie unique TxNum).> .
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Email: john@itotchaincloud.com.au |