ACLYD PLATFORM: APPLYING BLOCKCHAIN AND SMART CONTRACTS IN THE ALCOHOLIC BEVERAGE INDUSTRY TO ENHANCE PRODUCTIVITY, SCALABILTY, TRADING AND A BETTER INDUSTRY.

aakay (36)in #coin • 6 years ago

An alcoholic beverage can also be refered to as an alcoholic drink and it is basically a drink or substance which contains an organic compound derived from the resultant end product of fermenting certain products like grains, fruits or other compounds that contains sugar. Alcohol is also a substance said to reduce neuronal or otherwise physiological activity that is it acts as a depressant though when taken in a low dose. Also when consumed in low quantity helps to reduce anxiety, leads to euphoria and also enhance sociability but when consumed in larger quantity induces drunkenness, stupor, death or unconsciousness and when consumed constantly for a long period of time can lead to physical dependence as well as alcoholism. But nevertheless, alcohol consumption have really occupied a major sector of the social culture. Alo it is important to note that drinks regarded as alcoholic drinks are typically grouped into three categories which includes the: beers, wines, and spirits. However the current marketplace which serves and avenue for alcohol distribution and regulations and production is set to be faced with heavy and drastic rules which individuals that are into the alcohol buisness consider as a major setback. These setbacks includes: ban in the activities involving alcohol consumption both the production, consumption etc., Stunted growth in the system due to saturation, an unfavourable payment system amongst others. Despite all these setbacks and also considering the level or stage consumption of alcohol has attained in the society, a platform has however made implementing new revolutionary changes to the current system of alcohol beverage production, consumption, purchase etc is the major target and aim of a platform known as ACLYD PLATFORM.
ACLYD PLATFORM
This is a platform which is basically a system to be developed on the blockchain technology system which will dwell solely on introducing new changes to the current transaction system in the alcoholic beverage system and also help solve the other setbacks been faced by the system. The Aclyd system is set to introduce a system of payment that will accept blockchain technology system of payment for transaction related activities on the platform. The platform name "ACLYD" is however said to be attributed to a kingdom know as Lydia kingdom which are said to be the first kingdom that tried to produce coin during the time of king Alyatees of lydia as far back as 561 BC. And also the AC in the "ACLYD" literally is attributed to the platform Agre-coin (ACN) which is a security token been attributed to the agricultural sector or section of the platform.

WHY THE ACLYD PLATFORM?
Also the Aclyd platform has also pin pointed that another major setback faced by the current system of alcoholic beverage products is the issue of home delivery, and also the fear that alcohol will get into the hands of people or individuals who are not suppose to have access to alcohol that is people regarded as minors but this is not considered as an issue because the ACLYD platform is set to handle this with an application said to be developed by the platform which will restrict access of underage users and thus pave way for scalability of home delivery and alcohol while also handling other issues faced faced by the platform like payment system etc. And this it tends to acheive by using blockchain as well as smart contracts.
Also since the platform considers the agricultural aspect of the alcoholic beverage, the also tend to bring changes in that area like for example, since the crops used for production of these drinks are been traded internationally and certain laws are been placed on them like border restrictions so with blockchain currency basically refered to as cryptocurrency which has no border restrictions is the only solution to that issue and thus with these, the platform will therefore offer a more efficient and effective platform where farmers can agree to trade their products in exchange for cryptocurrency as the main medium of exchange.

THE ACLYD PLATFORM WALLET
This is the wallet to be created by the aclyd platform which will solve the issues of home delivery as well as issue of age. The application is said to be a smart wallet which will posses a KYC feature which will basically integrate an age verification protocol and as well will enhance granting access to age worthy users. And with the application, they can purchase the platform token which they can use for other businesses.
THE PLATFORM TOKEN
The token to be used on the platform will be termed ACLYD TOKEN which will be used for all transactions on the platform and will be stored in the platform's smart wallet. The Aclyd token will have a total supply of 160,000,000.