Review on MesChain by Benaiah A. Akinlade
MesChain: Bridging the gap between manufacturing industries and digital finance
MesChain, also known as MES (Manufacturing Execution System) is a technology advanced company owned by Genesis Crypto Technology. It was launched on November 15, 2018 when the team building negotiations was initiated with Mustafa Helvacı as the CEO and a mandate to reform the global digital currency market and its technologies.
The vision of the company is to make the MES Token a global leader in the crypto market by developing a blockchain based technology that companies in the field of manufacturing that needs technological support would prefer. Furthermore, the mission of Genesis Crypto Technology is to use MesChain to contribute to the development of the business industry with modern technologies that enhances decentralization with the use of the Blockchain technology.
MesChain token (MES) operates on the Ethereum blockchain with a current supply of over 4.3 billion and more than 899 million MES coins in circulation. According to CoinMarketCap, the MesChain Price is currently around 0.0002023 against the USD. It currently trades in pairs with KRW, ETH, and USDT. You can buy MesChain on exchanges such as CoinTiger, and FOBLGATE among other exchanges.
My take on this project is that Genesis Crypto Technology is making a giant stride in ensuring that manufacturers and manufacturing industries are not left behind in the wave of digital finance that is circulating globally. I have high hopes for this project.
Pros
- The token rides on the backbone of the well established Ethereum blockchain
- MES Token is set up to for fast transactions, quality, efficient and offering of professional services in manufacturing industries.
- MesChain is available on mobile devices and apps
Cons
- The MES token is still relatively low in trading power
- The project is still relatively new and untested in the crypto space
