Introduction
What's inside the package? You can never tell. A package fools you for what is inside. We are a consumeristic and materialistic society who are regularly consuming. Our demands are endless, and as the wave of urbanization and industrialization hits every shore of the geographical landscape of the earth, we are bound to see demands for more number of goods and services. We have already developed the simple and fast medium of transportation across the world. Internet gave another window for humankind to develop life-changing applications that have the long-term effect on our behavior. One of the most common forms of business that captures almost all the other kind of sectors is the packaging industry.
Everything we receive or buy has a layer of packaging. Brands are extremely careful about the packaging. This provides them with a window to separate themselves from the crowd. A lot of aesthetics and innovative thinking goes into designing the package for the products of a brand. It also serves as a mascot and marketing tools for the brands. Hence, creating a package that serves its core purpose along with signifying the commitment of the company to the environment is greatly appreciated by the customers. They give more value to a company that is environmentally conscious in its design other than being people-centric. The industry needs a decentralized solution for higher growth.
What do you think should be done?
Solution offered
OPEN PLATFORM NETWORK is already in the process of developing a decentralized platform for the industry. They have designed a platform that calls all the buyers and sellers to transact transparently. Giving them the power of blockchain technology for faster transactions will boost the demand in the industry. I think that they are creating a decentralized network of buyers, sellers, delivery agents, and third-party developers. Being open for innovation will help the company adapt to the latest technologies and help solve the challenges in the industry. The operation on the platform works on the bid-bet model. The model works in a very simple way. Buyers can place their demand on the platform, and the sellers are notified about it.
The validators on the platform prepare the list of matching criteria. Smart contract based transaction takes place once the deal is agreed upon both the parties. The consensus algorithm utilized on the platform is DPOS (Delegated Proof Of Stake). Matching algorithms on the platform does the task of matching the buyers and sellers on the platform. The voting system on the platform allows for the selection of the validators. There are many advantages on the platform compared to the traditional platforms, such as transparent payment network, efficient feedback mechanisms and dispute resolution.
ICO INFORMATION AND TEAM
50 000 000 OPK Tokens are created for the project. 30 000 000 OPK Tokens are reserved for the token sale. The token sale will begin in 1st October 2018 and continue until 28th October 2018. The funds will be utilized for the research and development, marketing and sales. The team working on the project is experienced in the field of blockchain technology and packaging industry.
Conclusion
Building an efficient and open platform that facilities complex tasks for the stakeholders are the ultimate aim of the platform. I think that they have developed an advanced ecosystem for the packaging industry.The recent advancement in the technology sector has boosted the capacity and offerings of many companies. It is the time now to adopt the latest technologies that will change the face of the packaging industry. People are looking for companies which offer innovative designs and sustainable solutions.
The packaging industry is a multi-million dollars industry, and given the demand in the market, we will see many applications in the near future. Urbanization, population growth, and e-commerce will further boost the demand for more innovative services in the market. I think that the global economic situation needs newer disruptive technology to spread the effect of development in all parts of the world. With the help of latest tools, we can achieve the impossible. What do you think should be the solution for the increased demands in the industry? Are the solutions offered by the platform are sustainable for the long term?
For more infomation ,Official Pages:
Website: http://www.opnplatform.com/
ANN: https://bitcointalk.org/index.php?topic=4550928.0
Whitepaper: https://drive.google.com/file/d/12MKdsHPQLQEqS5Ep9sO3BI30FJ1fGso-/view
Telegram: https://t.me/OpenPackagingNetworkOFFICIAL
Medium: https://medium.com/@openpackaging
Twitter: https://twitter.com/OpenPackaginNet
Facebook: https://www.facebook.com/OPN-Platform-178943839440080
Reddit: https://www.reddit.com/user/opnplatform
Linkedin: https://www.linkedin.com/company/openpackagingnetwork/
Author: Reank85
My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1913792