SCANETCHAIN

Scanetchain is the First AR Dapp based on NEM platform developed for Blockchain Commercialization

Let’s consider what is AR? Augmented Reality(AR) is the mixed reality created using "augmented" computer elements of perceived reality (when real objects are mounted in the field of perception).

VR and AR technologies are rapidly developing and are already actively used in our lives. In addition to the entertainment and gaming industry, many contemporary companies use the capabilities of these technologies in their work. Construction and engineering companies use augmented reality in the process of building design and construction of the building. The convenience of augmented reality is understood by everyone and soon this technology will be used in the lives of ordinary people as a computer or the Internet.

Augmented reality will create a big economy around itself and Scanetchain offers a platform that brings together different industries and opportunities around this technology based on its blockchain. Advertising, social networking, shopping, and content services are all implemented as a blockchain platform and uses cryptocurrency for transactions inside the Scanetchain platform. Users will receive rewards with tokens by viewing online advertisements. Companies, in turn, will advertise their product online and offline using the AR advertising system, where all their products will become ad banners.

By using the camera of smartphone people can scan every object around them and get instant success to the blockchain. Scanetchain assigns a scannable marker to each object and identifies all items around the user. So the user will be able to search for or buy something he interested in.

In addition to the goods and items, you will also be able to determine the content that interests you. Whether it's a book, a movie or music. Imagine that you are seeing a banner with information about a band's concert. By scanning this banner, you will be able to access the band's music, listen to them, buy an album or a ticket to their concert. And all this without moving away from the banner. This technology offers great opportunities for all participants in its ecosystem. The user instantly gets the information he needs, the copyright holders, in turn, makes its advertising much more effective.

The singularity of the Scanetchain is on-chain and off-chain work. This should allow users to change or delete content and make fast transactions. So it sustain all advantages of the blockchain technology and existing systems.

It is necessary to mention that Scanetchain provides AR content to users in a cloud-based, data-streaming method, unlike other current AR companies which use the memory of the device.

Scanetchain has a very strong team for the development project.

For example:

1.David Ham. He is CEO of the project and Samsung SDS Head of Global Blockchain Business Development. Samsung SDS was founded in 1985 as the ICT arm of the Samsung Group.

2.Jeff McDonald. He is one of the strategic investors and a Vice President of NEM foundation (the blockchain technology platform)