CARRY PROTOCOL - NEW DEFINITION OF OFFLINE TRADING
Life is about getting much more easier with Carry protocol, I have gone through this project over and over again made my research and came up with my review of Carry Protocol. Carry is a protocol that powers the up coming age of applications for disconnected retail. At its heart is an impetus component that drives shoppers to Carry vendor stores. The entire framework is designed for empowering customers, shippers, and promoters. This is just the basic definition of Carry Protocol, let's have a deep knowledge of this project.
Having understood the technique of Carry Protocol, this square undertaking means to present developments in the field of disconnected exchanging by joining customers and venders. With all the innovative improvement of disconnected exchanging, this circle is encountering various issues. The market of disconnected exchanging is colossal - in excess of Trillions of USD, however not mechanically created. Venders don't have all the essential data about buyers.
The purchasers themselves are not adequately shielded from different promoting research and don't have control over their own information. Protocol publicizing strategies are regularly not viable and don't work legitimately. The Carry protocol group built up an answer for these issues.
However, the cause of the project is the current problems, which are as follows: sellers have no idea who their customers are, since these customers provide information about themselves not always complete and necessary; buyers / consumers do not have the capacity to somehow control and regulate information provided about themselves, and in the end it turns out that their information can be used by anyone who wishes, in the form of its monetization; The existing advertising sector in offline trading is a little out of date, its methods do not correspond to time and instead of reliability offer us sometimes useless and opaque offers.
The Carry Protocol team took responsibility for solving these problems. Key objectives of the project: Creation of a new platform for traders, which will include the functions of accepting and understanding their customers, and will also allow for communication among themselves; Creation of conditions for customers and levers for quality and timely management of information provided by them, as well as information on their payment transactions and the ability to monetize them.
Creation of methods for advertising for greater efficiency and transparency in the market. Who are the clients of the platform: sellers; buyers / consumers; advertisers. The platform is based on two elements. The first is blocking technology, which will carry out database transfers, including all transactions, and transfers of smart protocols. The second is API-interfaces, which serve as a link between the technology of blocking and software, including the transfer of the wallet and the device API.
For each category of users the project offers a number of advantages:
For sellers:
Application of crypto currency in offline trading; speed of payments; stimulation of customers using electronic coupons and own project tokens. For customers: control and regulation of transaction data; anonymity and confidentiality when monetizing your information; increasing loyalty and collecting electronic coupons; the possibility of using conventional cash, crypto currency or credit; reliability and safety.
For advertisers:
The use of reliable and independent payment information; coverage of the target audience without any commission fees. How does the platform work? With the help of the Carry Protocol platform, buyers make purchases with participating retailers, and can also choose to receive rewards in tokens in parallel with their purchases (this can be either the Carry's own token or special business loyalty tokens). This will use their personal information and transaction information.
The buyer also has the opportunity to share this information and thereby to advertise his action, which in the end will bring him an additional reward. A special mobile application is created on the platform. It stores all information about transactions, regulated by the buyer. The application allows consumers to view information about transactions, and share feedback on the transaction, thereby determining for themselves the need for advertising. With the help of the application, you can make payments in the crypto currency in offline stores or use loyalty tokens in order to make a full or partial payment of your transaction. Two types of tokens are created on the platform: CRE - Portable tokens, are the main platform tokens and participate in transactions and exchanges.
And BT tokens are loyalty tokens. Customers can receive CRE to select the sharing of transactions and advertising. CRE collected by consumers can be used as payments with the participation of Carry sellers. Enterprises and advertising companies wishing to conduct advertising campaigns through Carry will have to buy and sell CRE tokens. Loyalty Tokens are designed to communicate with offline stores. Sellers purchase them and can apply them for the needs of their business.
The seller can also choose how to apply it, for advertising or in the offline store, as a partial return of transactions. BT can only be spent in a specific offline store and can be installed with expiration if the seller wants it. Team Project Carry Protocol is in close cooperation with the company Spoqa. This is a company from Korea, which specializes in mobile advertising solutions and which currently has a proven user tablet system installed in more than 10,000 retail offline networks. The project team is headed by co-founders and founders of Spoqa Grant Son and Richard Choi.
Technical director and lead developer Sven Moon, a couple in the development of the project he is Gong Minhi in the position of the developer of the project. These are the main persons of the company. Conclusion Now the project is at the stage when its development and development is actively carried out, the dates of ICO are also at the stage of determination. My independent opinion about the project, a little while not clear. Are there any prospects? More yes than no.
And then, based on the company's plans, which are spelled out in the road map and on the data about the project team. At a minimum, I want this project to get its place under the sun, because the problems that it tries to solve are really relevant in our time.
There are two main components of Carry Protocol, their blockchain and smart contract solutions, Carry Wallet and Carry Device APIs. Carry Protocol works as well The Carry Protocol will encourage the participation of many other stakeholders besides Spoq and if anyone, including Spoqa, participates as an initial partner and contributes to the development of Carry, to build ecosystems. author Carry will offer solutions to fragmented transactional data, fuzzy marketing and inefficiencies, problems with the offline commerce market, consumer inconvenience with no data control , the inconvenience of managing coupons.
If you define Carry Protocol in a word, it is a platform that connects stores and consumers based on the blockchain. Shoppers and consumers are the most important participants in the Carry Protocol, which can communicate in a variety of ways through the Carry Protocol and form a multi-faceted relationship. The advertiser is also one of the participants in the Carry Protocol and in many cases, the store is expected to soon become an advertiser. In a nutshell, Carry is a platform that connects traders and consumers using the blockchain.
Sellers and consumers are the most important participants of the system and use the Carry Protocol to communicate and interact in a variety of ways. Another participant in the Carry Protocol implementation is the advertiser, many of whom are originally expected to be sellers in the system. Carry phone application The special feature of Carry is a special mobile application built on the platform.
Roadmap
Conclusion:
A quality project, carefully thought out and with appropriate regional experience, support and expertise. The network of partners and customers is ready and will be available for rapid application - especially in Korea, considering the country's cryptic nature. The customer base of more than 10,000 merchants for Dodo builds and expands throughout Asia and beyond, and perhaps quite quickly also promises significant enhancements in a very less settled market. offline, offline retail.
See more details at :
Website: https://carryprotocol.io/
Whitepaper: https://carryprotocol.io/static/docs/Carry_protocol-white_paper%28ENG%29.pdf?cachebust=56ce7d511bc65d0aee3d8ba2b2d5c876
Telegram: https://t.me/carryprotocol
Twitter: https://twitter.com/carryprotocol
Facebook: https://www.facebook.com/carryprotocol.io/
Prepared by : Pathi87