The production and consumption of alcoholic beverages can be dated far back as thousands of years ago which is usually in the form of wines and ales and with the concurrent develpment and increase in the knowledge of man came the present ones such as beers, whiskey, vodka, brandy etc. These alcoholic beverages are hot presently in the market since it taken by a considerable large amount of people in the society.

However despite its proven sales record of revenue worth billions of dollars, there are several challenges this market face and they are ranging from under age drinking as alcholic beverages are made available everywhere and can be bought by anyone regardless of their age which is bad and results to penalties for companies producing them as well as their distributors, also the problem of currency conversion between industries and their distributors down to their customers which are located in different parts of the world.

All these problems need solutions if the alcoholic beverage market is to continue thriving and the Acyld platform intends to find solutions to these problems through the use of blockchain technology which will fully eradicate these problems with several integrated features while also simultaneously offering the alcoholic beverage market all the basic advantages of the blockchain technology.

What is the ACYLD PLATFORM?

This is a blockchain based ecosystem that makes use of standard security and payment settlement systems that is fast and transparent to bring alcoholic beverages directly from farms or industries to the doorsteps of the consumers while also preventing underage individuals or minors from getting access to these alcoholic drinks, all of which is done through a peer to peer avenue on the Ethereum blockchain.

Why is the ACYLD PLATFORM unique?

The Acyld platform is unique and different from other blockchain as it will eliminate some major problems faced by alcoholic beverage producers and suppliers such as how they will prevent the purchase and consumption of alcoholic beverage by underage individuals while making sure that the right people get it and also eradicating the issues of expensive processing fees and bad inventory methods while also promoting the integration and acceptance of cryptocurrency into the society using the alcoholic beverage market as a channel to gain ground.

Features of the ACYLD PLATFORM

To make the realization of the purpose of its existence possible, the Acyld Platform proposes the following integrated features and they are;

KYC Feature
This feature is enabled with the use of a Know your customer app which will be responsible for age verification and the identification of the individuals interested in creating an account on the ACyld platform which in turn channels the alcoholic beverages to the right set of people and removes the stress of re-identification as the account is automatically synced with the details of its user.

Fast track processing
The platform intends to upgrade transaction rate and speed to be about 20 times faster and this is an extremely useful feature as slow transaction speed is eliminated, and all payment processes are faster for all the individuals responsible for the production of the alcoholic beverages as well as the quick getting of these drinks by the consumers.

Wallet feature
This is an admirable feature integrated by this platform as it meets up with the standard of how technology is evolving and is useful for the controlling of how payment of these alcoholic beverages is made and by whom so as to prevent cases of delivering these drinks to minor that have occured with other platforms in the past. this digital wallet is used effectively when combined with the DApp provided by the platform.

Smart contract Feature
This feature is made possible through the use of the ethereum blockchain that powers the creation of smart contracts and these smart contracts can be created with ease by producers and distributors of alcoholic beverages uding their mobile for faster and simpler payment process.

Benefits of the ACYLD PLATFORM

Helps alcoholic beverage producers and distributors ease the stress and funds released to keep their products from underage people through a standard KYC feature.
Inventory management is done accurately and transparently as the platform makes use of blockchain technology which automatically records all transactions carried out on it.

Token details

The platform makes use of the Acyld token which is a utility token that serves as the native currency of the platform which will bring uniformity of currency for making payments for alcoholic beverages globally and this token can be bought using LTC, BTC and ETC
In conclusion, the Acyld platform will effectively minimize under age drinking, help the alcoholic beverage market tend to the needs of the right consumer group while also expanding the horizon of cryptocurrency as a means of paying for conventional goods.