Scanetchain: Blockchain Project for Commercializing Crypto

Although blockchain is widely used as the virtual environment for application development and cryptocurrency transaction, it hasn’t penetrated into all spheres of our lives yet. One of the main hindrances that slow down its integration in the offline world is the fact that cryptocurrency isn’t used as a means of payment in brick-and-mortar stores. However, commercial organizations and traders would highly appreciate blockchain solutions leveraged in their business.

The team behind Scanetchain has taken a huge step forward by offering a revolutionary approach to advertisement and trading in both real and virtual worlds. Let’s see why their project is so special.

Scanetchain – a combination of advanced technologies

No, it’s not just another blockchain platform that offers you a plastic card for making minor purchases. Scanetchain is about the convenience of shopping for both sellers and buyers. This platform is based on:

• AR (augmented reality) technology;
• NEM blockchain;
• ERC-20 SWC token economy;
• scanning;
• off-chain technologies.

Therefore, Scanetchain is an open-source platform where users can sell both contents and products for a reward. This application unites products, contents, and ads to form an efficient ecosystem of several platforms that ensure flawless and positive user experience.

Scanning is the key to convenience

How does this platform work? It accelerates and facilitates the process of shopping thanks to AR technology and scanning.

Say, you have seen a picture with a shampoo that you want to buy (or the bottle itself – then you can take a photo of it). Where to find it? Instead of searching for the product in shops, you can just upload the photo in the Scanetchain app and it will be automatically scanned for you to be redirected on vendor’s page. You’ll be provided with a detailed product information, as well as advertisement and information about retail stores selling it. Fast and easy!

As a seller, you can scan your products and upload them in the Scanetchain database. The artificial intelligence lies in the foundation of this platform and prevents repeating images – once you place your product photos, no one can copy them. Besides, you can also distribute your advertisements using the same platform: once users scan an object with their smartphone camera, the video will be translated on the screen of the device.

Users are free to upload and manage different types of advertisements, including:

What about payments?

Even now when you know where to find a necessary item, you don’t have to get cash to buy it: Scanetchain leverages online payments with its proprietary SWC token. You can perform payments directly through the platform.

Key benefits of Scanetchain

So, why both traders and usual users are recommended to try this app?

1. It’s an open market, but the copyright is protected. The vendor is free to control the prices and the copyright – platform penalizes users who steal content or use others’ content for illegal purposes.

2. The AI-based robots check content, ads, and products registered in the system. That helps to avoid duplicate markers and protect the intellectual property.

3. Scan Ledger, the AR-camera module, enables precise scanning.

4. Proof-of-activity protocol underlying NEM blockchain helps to visualize the ecosystem. Besides, the convenient and user-friendly interface makes work in Scanetchain a pure pleasure. Users need no technical knowledge or special training to start exploiting the app!

5. Scanetchain is a convenient platform for creating and managing your content. Ads, videos, images – upload and share the files in a couple of clicks. You can also stream the advertisements using the cloud system. Latency won’t be a problem.

Why using Scanetchain for advertising?

Thanks to advanced AR technology, sellers are not restricted in the objects they can use for promotions – the choice can be based on the situation and company’s needs. Vendors are free to advertise using:

• product logo;
• magazines, leaflets and posters;
• shopping bags;
• menus;
• billboards and signs;
• packages;
• and so on.

“How will the customers be motivated to watch ads?” – you may ask. Scanetchain will reward the viewers with SWC tokens for watching videos. That way, both parties win.

Bottom Line

Judging by the fact that the main SWC token sale has successfully ended, Scanetchain has drawn a lot of attention from potential investors and will be financed well enough to reach all developmental milestones. The application seems to provide an endless range of opportunities for advertisement and convenient shopping. However, it’s not clear how efficient payments in SWC will be. Buying usual items for daily needs (groceries, household chemicals, or clothes) is much easier by going directly to the nearest mall – such system as Scanetchain may only complicate things. However, it would be useful for finding rare products and getting info about them.

---

Website | Whitepaper | Telegram | Bounty

Author profile: https://bitcointalk.org/index.php?action=profile;u=993461
Bitcointalk username : UnlimitedMoneymaker
ETH (ERC-20) wallet address: 0x59f92edf69e4b03fb22fb840053A19da978Ba9AE

---