The Internet has brought a boom in online shopping, with e-commerce shops set to facilitate business to consumers relationships. Blockchain technology optimises operations between companies and consumers in a decentralised environment enabling trust and instilling confidence on buyers and sellers and minimises cases of fraudulent activities.
One of the projects targeting wholesale alcohol industry is Aclyd allowing businesses and consumers transactions to be more efficient and transparent.
Aclyd Project.
The aclyd project is a blockchain start-up addressing the issues facing the wholesale alcohol industry and brings to the table solutions in payment processing and identity verification processes, the Aclyd project aims to disrupt the wholesale alcohol industry which is estimated to be worth $26 Billion.
The projects are led by a professional team who have managed to release a beta version of the platform named Drip86 which comprises of a blockchain based wallet. The primary target market is the alcohol delivery value chain where it plans to optimise transactions between businesses and alcohol consumers requesting delivery of Alcohol.
The aclyd platform empowers alcohol delivery businesses by offering solutions to payment processing processes and identity verifications systems, through the use of a smart blockchain wallet and KYC functions. The tokenised operation model of the platform allows businesses to lower the costs associated in payment processing, the overall goal of Aclyd project is to optimise the wholesale alcohol industry by improving the supply chain.
Aclyd Project Solutions to wholesale alcohol Industry.
Aclyd is providing solutions to the wholesale industry by optimising its supply chain through improvements in payments processes, supply chain management, data security and a transparent market. In this blog entry, i will discuss with you the solutions provided by Aclyd projects in this areas.
1.Payments
Businesses in the wholesale alcohol industry will benefit from the tools provided by Aclyd project when it comes to payment processing, and the traditional methods are risky for a global environment as businesses tap the global economy.
Traditional methods of payment processing are very costly especially when dealing with international payment processes, and the fees directly transferred to consumers at a rate of 2-3 % of the purchase price. Businesses adopting Aclyd platform will be able to minimise this charges through its tokenised economy.
Aclyd blockchain based payment processes are providing security solutions to transactions made in a decentralised environment as businesses tap the global market, companies will benefit from low transaction costs, improved security standards with transactions secured by the use of smart contracts and a fantastic supply chain management.
2.Supply chain management
Through the use of blockchain based distributed ledger system, Aclyd will improve the overall supply chain system, Traditional supply chain systems have problems that can be solved by blockchain technology, as businesses tap the global market.
Aclyd project has a distributed ledger system optimised to be used by businesses operating in the alcohol industry. The distributed ledger system is tailored to improve the supply chain management system by offering reliable ledger system that stored data in structured systems that are easy to retrieve and interpret. This system will enhance the transparency in the supply chain management and improve the operational models of businesses instilling confidence to consumers and traders.
3. Data security
Aclyd is also providing solutions to the problems existing in traditional data storage systems when it comes to storage of data. Data management systems comprise of data collected from customers and businesses in the supply chain, traditional methods are centralised and pose risks when it comes to the security of data, this is because of the data stored in centralised systems which are vulnerable to cyber-crimes and are hard to interpret.
Solutions provided by Aclyd project is the decentralisation of data which are virtually impossible to hack and manipulate.
Closing Thoughts
The aclyd project promises a lot of solutions in the wholesale alcohol industry, with some not mentioned in this blog entry. The team has managed to provide a beta version of the platform which is available to the community for review and help in the development of the project, and Users can also check the platform capabilities and see for themselves the deliveries of the Acyld project. Smart contracts integration in the supply chain will improve the overall operation of businesses in the alcohol wholesale business process allowing enterprises to automate their services as they tap the global marketplace.
As a consumer, I’m delighted about the measures instilled by the platform to make sure my deliveries formed in a secure process that has an improved supply chain system that is cost-effective, efficient and transparent.
Aclyd is currently Undertaking an ICO and has a great VIP partner such as STOX, KLA Chambers (KLA) among others. Please check out the projects website, whitepaper and social media pages in the links below for more information on how you can participate and be involved in the community.
References
CONTENT | LINK |
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Website: | https://aclyd.com |
Bitcointalk ANN: | https://bitcointalk.org/index.php?topic=4941612 |
Telegram: | https://t.me/aclyd |
Whitepaper: | https://aclyd.com/wp-content/uploads/WP.pdf |
Github: | https://github.com/aclyd |
Medium (blog): | https://medium.com/aclyd |
LinkedIn: | https://www.linkedin.com/company/the-aclyd-project/ |
Twitter: | https://twitter.com/AclydProject |
★ Author: jamesndungu1
★ BitcoinTalk Profile: https://bitcointalk.org/index.php?action=profile;u=1856049
★ All Images credited to Aclyd Official Website