Introduction

The food and beverage industry is one of the fastest growing industries today. Particularly the alcohol sub-industry, it's been morphing at an exponential rate.

It would interest you to know that despite the impressive level of persistent growth witnessed in the bespoke industry, there are still some bottlenecks causing a major impediment. Imagine if these bottlenecks are sorted out, it would undoubtedly thrust the global alcohol industry to such unprecedented heights. Some of these bottlenecks are discussed in the paragraphs that follow.

The issue of underage consumers is by far a prominent one. Alcohol consumption is hardly prescribed for anyone, but its clear where the government, world health organization, and the society stands on this, especially for under 18s. Consumption of alcohol and other narcotics is strictly prohibited for underage citizens, i.e below 18 years. But it's no longer news that about 2 out of every 10 adolescents today are already habitual alcoholics. This constitutes a major problem for alcohol-manufacturing companies and regulatory bodies. First, the legitimate consumers have to compete with the underaged consumers and this is very bad for business. Aside, it's difficult for regulators to keep the latter in check.

Another major problem is that of fluctuating commodity prices. Whenever the cost of agricultural produces like barley which is used in wine and alcohol production changes, the manufacturer is forced to transfer the extra cost to the wholesaler. It continues down the chain in this same manner. The incredible thing about this phenomenon is that either party can easily renege on the contract's agreement (i.e, if any exists), since it's mostly a paper contract.

Aclyd is an new initiative that recognises these problems as an opportunity to displays its core competencies. By leveraging blockchain technology, aclyd intends to arrest majority of these problems.

Let's dive in!

Aclyd Solution

Aclyd is a blockchain-driven platform that aims to revolutionise the alcohol industry by solving the regulatory compliance issues and protecting the supply chain.

The platform is built from the ethereum blockchain and has its native token; ACLYD. Aclyd token will be used to service all the peer-to-peer payments here. It's an erc20 token.
Another remarkable feature of Aclyd is that it enables users to enjoy door-to-door deliveries from the comfort of their homes.

Ease of Identity Verification

Aclyd requires KYC report for every user. Upon fulfillment of this requirement, users can easily reap the benefits of the platform. The most interesting thing about this is that it either scares or screens out wilfull underaged consumers. This empowers Aclyd to become a self-regulating entity. In addition, verification of user identities becomes absolutely easy, unlike some other existing platforms.

Smart Contract

As earlier mentioned, the importance of having an immutable contract between alcohol & beverage manufacturers and wholesalers, wholesalers and retailers, and co., cannot be overemphasised. And, Aclyd is already in the know of this, hence the adoption of blockchain.
True to its nature as an immutable public ledger, blockchain enables transaction transparency whilst ensuring that neither party can go back on the agreed contract. The smart contract application assures and protects each stakeholder in the industry from bearing overhead production costs.

Instant Delivery

Most of the challenges in the alcohol industry are accentuated by the fact that the distribution and supply chain is still very manual. By integrating blockchain however, Aclyd will provide an automated alternative.
It goes beyond mere automation, Aclyd will ensure that the time lag between a customer's declaration of intent to purchase is very minimal. In fact, almost instant and door-deliveries are supported too.

Promotion of Mass Adoption

Another advantage of launching Aclyd in the crypto space would be an increase in the population of crypto investors or more aptly, crypto users. One of the many reasons, crypto space is yet underpopulated is due to its uncertain nature. For many, even a little shroud of assurance will boost confidence and by implication, cryptocurrency adoption. Inevitably, Aclyd on the market scene will do just the magic. It would be dual purposeful, serving the alcohol & beverage industry and the cryptocurrency simultaneously.

Conclusion

Obviously, Aclyd will change the way customers including wholesalers, retailers and final consumers together, relate with the industry. I can only imagine how proximal it will be and what the future portents with a revolutionary and proactive player like Aclyd. In closing, I sincerely hope that it will supersede public expectation in the coming years.

Token Distribution

Team

Roadmap

For more information:
Aclyd Website
Aclyd Telegram
Aclyd Whitepaper
Aclyd Twitter

Author: Michael Adesanya
BountyOx Username: michades97