The Blockchain is a rapidly growing technology that is engulfing every possible business domain. Therefore, many reports published have predicted a huge rise in the Blockchain market. According to reports, the Blockchain market is expected to extend to over 20 billion dollars by 2024. It is counted in one of the most promising new technologies that are hoped to change the future of businesses and the internet.
You may be contemplating on the crypto coin that will be best for your investment. You might have even found yourself investing in one of these Cryptos but you did not gain your profit as you expected because, some developers, after hitting their target and making a huge sum of money, dropped the project, and left investors in the middle of no where. All hopes are not gone. Lets start a new page in you new or next journey to investment for profitable earnings. I will be introducing you to Scanetchain which is a decentralized open platform where users can freely define and sell their content and products for royalties and disclosure fees.
The AR (Augmented Reality) business has already developed in several businesses. Recently, the expansion of ICT technology like the unfold of smartphones, device evolution and therefore the inflation of investments of world IT corporations like Facebook, Google, MS, and Apple has proliferated. Because the growth of the smartphone market stagnated, expectations for brand new service revenue generation are a big driver of demand.
The world market size of the AR business is calculable to succeed in a hundred and twenty billion United States of America greenbacks in 2020, and explosive growth can become forward. Currently, the device sector within the system of the AR business leads the whole market, however within the future, platforms and contents square measure expected to drive extension. A localized platform with sensible and straight off applicable system development of blockchain technology can become the fight of the AR business.
Scanetchain is A decentralized open platform based on Augmented Reality (AR) technology, where users can sell their products or content. Structured in such a way as to combine advertising, content and products into a single ecosystem based on a hybrid of several platforms. It consists of an advertising platform, a store, content and a social network. The construction of a chain of block cages based on NEM.
The platform has the vision of becoming the go-to virtual space where people can sell or buy products and content for a pre-defined fee or royalty. This platform is structured to ensure that products and ads can come together as a single and interlinked ecosystem that consists of various platforms. AR and the blockchain power the Scanetchain platform. This will ensure that shopping, advertising, and social networking that take place offline and online take place with ease.
Scanetchain is a win for all involved. Users get a reward for watching ads. The tokens can then be used to purchase goods. On the other hand, advertisers can use tokens gathered from purchases to set up ads, thus growing their brand.
How does Scanetchain work ?
Scanetchain is going to utilize the blockchain to create a scanable market that lets users scan a physical object using their phone camera. Besides the camera, users will not need any other type of equipment. Since the connection is via the blockchain, access will be instantaneous. The AR content will be availed via data streaming that takes place in the cloud. At the core of this platform is a hybrid of on-chain and off-chain blockchain that consists of four parts:
-An AR advertising systems where users can AI scan advertise anywhere at any time using an AR camera; they get tokens as rewards for watching the ads.
-An AR shopping system lets users utilize accumulated tokens to makes purchases of advertised products. They can also use tokens to buy the paid content.
-An AR social network that lets users bring the blockchain-based social network content offline via the scanetchain AR frame
-A content distribution system created by Scanetchain that comes with an automated notarization system based on the NEM blockchain.
Token
The SWC token is a cryptographic currency, a medium in the internal ecosystem of Scanetchain. In the open market platform that users, consumers, suppliers, sellers, and advertisers can use in a comprehensive and organically usable way. Under the POA(Proof of Activity) Algorithm, SWC tokens have liquidity in the entire ecosystem that continues to circulate due to the voluntary participation of all accounts. It is possible to exchange other cryptocurrencies into SWC token through its exchange counter inside the platform.
Advantages
-Scanetchain provides an opportunity to earn on viewing advertising.
-All data transfer will be stored in the cloud. There will be no cause for concern about the smartphone memory. While other projects that are based on AR technology use phone’s memory, the SCANETCHAIN project obviously wins.
-Blockchain technology will protect copyright and excludes the possibility of hacker attacks.
-Knowledge of Blockchain technology is optional.
Team
Scanetchain has been designed and created by a highly experienced team of technology experts. The team’s members bring together expertise that gives them a deep understanding of the challenges faced by many crypto enterprises including the legal, regulatory and compliance issues.
Roadmap
Successful project always has a purpose to reach. These points can be read easily on a roadmap to track every progress will be through on the project, easily shown on the roadmap to track the progress of the project. As you can see following below, the Roadmap of Emmares project looks very clear and informing. The team has planned in detail the big amount of tasks to be done and to be through.
For information please visit links below
Website: https://www.scanetchain.io/
Whitepaper : https://drive.google.com/file/d/16wMm1tN7WW-Eh42eGWg8Fy5tm-Ak0OI3/view
Telegram : http://t.me/scanetchain
Twitter: https://twitter.com/Scanetchain_SSWC
Facebook: https://www.facebook.com/Scanetchain.io/
Author: Stug (BTT link: https://bitcointalk.org/index.php?action=profile;u=1947027)
ETH address: 0x7aF4Cb205142a4faC2c100f79258dB06A7B31C24