Devery – Fighting Counterfeiting via Blockchain

in blockchain •  7 years ago 

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Has anyone ever wondered about the miracles that blockchain technology is providing the world? It becomes really fun to be a part of all these technologies at once. These facts take me to a completely different zone of exciting and thrilling innovations. Blockchain technology has emerged up along with crypto and aims to bring the best convenient technologies that help people to be a part of the crypto world. Here are the next useful innovations coming up in the process and that is Devery.

Introduction

Devery is an emerging platform that aims at bringing forward a protocol. The word "protocol" needs to be explicitly explained. This protocol coming tagged along with Devery is so far the most powerful and advanced verification options for the products being offered from Devery ecosystem.

The biggest bonus is that it is an open-source platform. Devery is a platform that provides a supporting hand to one and all for the longest time now. Most of the multinational and large-scale industries are looking forward to extracting the benefits from Devery. It is one of the best options that is served to the users when it comes to obtaining products as the end results.

To wrap up the entire thing in simple words, Devery is a platform that helps users to exchange products. The entire thing is supposed to take place in a secured chain and under the supervision of the records maintaining the transactions.

Aim that Devery wants to achieve

Devery has a desire similar to any other blockchain network and that is to make the network completely secure and safe. This will help them in keeping the ecosystem safe from troublesome and unwanted users of all time.

Apart from that, they also aim at ensuring about product agreements. They want these agreements to be pleasantly welcomed from both the ends. However, it is obvious that the ends will definitely consist of manufacturers, different retail, as well as brands of different outlets.

Not happy yet? Deverey makes sure to take care of everything at once. It serves an upper hand to the developers to be a part of some verified app without having to follow up the details about blockchain.

Features of Devery

Some of the major features of Devery are coming up right away.

Verification: Nowadays, selling products online has become the latest trend. However, the point to be noted I that, selling products often turns out to be a difficult job. Devery ensures that everything is conducted with proper authentication.

Digital Sign-in: The Protocol service is the one taking care of the entire job. Certification gets a unique ID signature to the users that can be verified only by the application.

Physical Sign-in: So far we have made an acquaintance with the other superb features. This one is to be counted on the top of the list too. This feature stores all the NFC and RFID chips in a well-equipped manner. Therefore, it becomes an easy job to identify anything from the lot.


Suppliers can tag their products with unique identifiers that are stored on the blockchain.

Benefits of Devery

Secure Distribution: In order to work with the safety mechanisms that have been going on so far, the distribution process has already been set. Such issues are often marked as legitimate issues and are made sure to wipe off.

Protection: There are very large incentives provided to the customers to be a part of the biggest possible platform. The main goal is to take care of all the problems happening with the counterfeit products.

Transparency in the supply chain: How wonderful it is to know the exact location that your products are lying at? This is yet another scoop from the delicious serving that Devery makes.

The Token Sale

Devery will make use of own currency called Eve Token. It is mostly a generalized form and shows its utmost dedication in the verification platform. As far as the token sale is concerned, it has already begun. However, the committed date announced for the Crowdsale is 21st January 2018.

Well, let me have my guesses, it will definitely have a hard cap on it and that will let people not to spend more than 10 million USD. The distribution of the token will take place in the following way:

  1. The public crowdsale will help in conducting 60% of the Eve tokens.
  2. The company reserves will take up to 20% of the tokens.
  3. The remaining tokens will be used to nurture and maintain various aspects of this emerging platform.

The Final Verdict

If my response is questioned, I would be glad to give thumbs up to this innovative addition in the blockchain world. This platform is concerned mostly with the protocols and ways to abolish them. Keeping every aspect in mind, Devery is a project which is definitely worth the investment and time. A big green light without a stop from my side if you are truly looking for an innovation for quite the longest time now.

Whitepaper: https://devery.io/whitepaper/Devery_Whitepaper_rev5.pdf
Website: https://www.devery.io
Written by ollivander7

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