CARRY PROTOCOL: CONNECTING BUYERS AND SELLERS WITH BLOCKCHAIN

in #ico6 years ago

Introduction

The physical/offline global trading market is very large, even with its long years of existence, it is still underdeveloped technologically. Salespeople and companies do not keep updated records of their customers/clients, it is either not updated or completely absent. Even with the rise of internet and online shopping that makes us spend less portion of our time associating with the offline world, most of the world population still works, interacts, shops in the offline world. People who are not part of the millennial technology community still carries out a large part of their daily to daily transactions offline.
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Truly, offline businesses have no efficient ways of connecting with their customers, keep track of transaction information, pushing market effectively; they use poor techniques in evaluating market efficiency. Payments are still carried out through ancient old technology; Cash and Cards.

This is not called for, the space within the data/information management and communication can be bridged and the carry protocol momentum can drive this.
Carry Protocol is a fearless initial step toward this dimension.

THE CARRY PROJECT

The main aim of this interesting project is to bring about global incentives and innovations into the space of offline trading, bringing the sellers and consumers, advertisers and marketers under a single platform/umbrella.

CARRY PROTOCOL is planning to provide sellers with a proper platform/community for social interactions with the buyers and also provide buyers with the ability manage and control their own data independently. They do this while also solving the advertisement flaws found in the present E-Commerce model which lacks efficiency and transparency. All these will give traders the ability to understand their customer's nature and communicate with them hereby making advertisement transparent and effective.

MODE OF OPERATION

Carry Protocol is a blockchain project that is going to produce a special technological tool/equipment in form of a tablet terminal. Interactions within buyers and sellers will be done through this device. They planned to release more than 10000 units of this terminal through their partnership with Spoqa to keep record of daily-daily trades. They also plan to add additional exciting features to the original contract in the long run.

Case Instances In The Offline World

You go to a snack bar to get pastries, you are able to pay with cash, your credit card or from a cryptocurrency wallet. After making payment, the snack seller offers to get you a personal crypto token, which you can trade for pastries when next you visit. In this instance, you do not need to register anything, you just have to put the phone on which you have the App to the tablet terminal and the system will do everything. After this, you get free pastries and cryptocurrency.

After making any purchases in the near future, you will be notified if you agree to use your data for the store mailing list and so on, for this, you will be credited with loyalty points that can be converted to any service, products.

Carry Protocol are set to start with consumers that buys goods and services from stores and makes payment. It will not only support virtual currency agreement, but also legal currency agreement which includes cash and credit cards. So in real life, every one can use this carry protocol services.
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CARRY PROTOCOL TOKENS

The Carry Protocol platform will be utilizing the CRE token as their major token clients would take advantage of the CRE currency by being able able to execute offline transactions with it. The CRE token will be used to make payment to a retail trader in the carry protocol ecosystem. This in turn would develop branded tokens or even be used to create a smart contract. The CRE tokens would be given to customers by advertisers since it is also a tool to check and verify the customer's data.

The Branded Tokens will be utilized in the form of a loyalty system. The transaction data of a customer will be stored on a blockchain to target the advertisement. Advertising companies processes the customers data and this will be to selectively eliminate customers that do not suit their marketing needs and keep the good ones. These advertisement will be transferred as a branded token. End users will be able to view/see Ads included in the App with the branded token.

Customers are not obliged to procure these Ads, they have an option to deactivate or active the procurement of Ads in the setting tabs. Customers that prefer to receive Ads will be rewarded with the CRE tokens. This would reduce advertising cost for advertisers and also prove beneficial for customers.
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PARTNERSHIP

The obvious partners of the Carry Protocol are Spoqa ( Flag partner and network of its devices and HASHED (Korea's top blockchain investment company). Others involved are Kakao, Facebook, Nike, Grand|HYATT among others. Their media will be covered by CNBC, Forbes, Financial Times etc.

RoadMap

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Team

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CONCLUSION

The Carry Protocol is coming with a long lasting solution to the problems of incomplete and absence of transaction data, not transparent and ineffective marketing that are associated with the offline global commerce market.

The supply and utilization of the branded tokens would aid advertising companies to detect their Ads efficiency and also help to guage return on Ads spend, thus used to compare the total spending involved in the current method of Ads which are the TV broadcast and distribution of printed flyers.

The Carry Protocol will develop rapidly because the targeted market (Korea and Japan) where they are set to begin work is an important marketplace to implement new incentives and innovations in the global offline market. Their hard Cap, well-backed team, topnotch partnership and roadmap are also important points to consider when participating in this massive project.

More Important information can be found in the under listed links
Website -  https://carryprotocol.io
Telegram -  https://t.me/carryprotocol
Twitter -  https://twitter.com/carryprotocol
Whitepaper- https://carryprotocol.io/static/docs/Carry_protocol-white_paper%28ENG%29.pdf?

Author's Name: Ibukun Babatunde Stephen

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This is interesting, I will do more research on it

Yes, you should.

Just checked your profile just to realize that we seem to share a number of interests :)

In particular that we both share a similar passion towards cryptocurrencies and blockchain technology :)

ps. did you give up on steemit? your last post is almost 3 weeks old already.

I will follow you closely :)
Take care, Piotr

I'm glad for this realisation, and yes, I'm a sucka for blockchain technology😁.

No, I did not, Creating time for consistent posting has been a luxury since school resumed.

Thanks for following.😁😁

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