The Alcohol industry has remained staid, steadfast and unchanged with ineffective sales procedures, and lowering profit margins. Current transaction methods are fractured, with centralised notions causing huge delays through on paper-based motions, and cross-border and global transportation transactions resulting in massive tax brackets and third party interference causing an increased deficiency within the marketplace. Taking the Tequila market – the marketplace that Aclyd first intended their focus on, was a marketplace based on long-winded government based enforcement, troubled producers, or subcontractors, and more powerful contractors, who would tip the balance in the fairness of profit in their direction. Aclyd took this industry and saw that by shaking up the industry, removing the centralised third-party constraints, and facilitating the whole process with the efficient and effective blockchain based peer to peer technology, would ultimately lead to what could only be classed as an alcoholic industry based revolution.
Aclyd has created a service that is able to deliver alcohol directly to the customer, through the development of a digital wallet, ensuring underage customers are restricted and lowering the centralised third-party costs encountered in the traditional supply chain. The Aclyd wallet ensures that only those meeting the strict requirements are able to purchase alcohol, through the effective data sharing system that the blockchain provides. The very KYC function encrypted within the data wallet ensures that users are only able to access specifically suitable applications or even the wallet itself – and of course the footprint left by the blockchain will ensure that transaction based abuse of the system can be efficiently and quickly traced back to the source. The very transparent nature of the blockchain assists the system in effectively blocking minors from participating on any purchases within the alcohol industry.
The start contact features of Aclyd ensures that the supply chain is effective, cohesive and runs in such a way that is stabilized, and would be able to improve and increase the business practice that they participate in. This all results in a system that will be able to be governed by a fairer and more effective process management system, with locked in the process, to ensure the same process regularly, and leaving the entire industry less likely to be hit by price and cost fluctuations, thus increasing profit for all involved. This system also looks to increase long-term marketplace stability, through the accurate and indelible footprint that the blockchain provides. The process will be available publicly, ensuring that buyers can eliminate fears or worries, with regulated prices and fixed terms, and sellers will have agreed and fixed contracts, with a reliable and valid source of payment. Previous practices of highest bidder negotiations will be wiped out due to the transparent notion of the blockchain.
The digital wallet that Aclyd provides has a KYC based feature that ensures that age verification is accessed with third-party delivery processes, as only age-appropriate wallet holders will be able to purchase and trade with the Aclyd tokens. The tokens themselves will be fluid and increase the liquidity of the process, allowing the tokens to either remain within the aclyd forum or translated into ethereum or relative currency. The entire process is seamless in its execution. The smart contract feature of the blockchain allows for a massively resolved environment for the problems alcohol industry suppliers and producers have previously encountered. Through the use of the smart contract feature, Aclyd has shown in their test runs that this will massively increase stability within the alcoholic industry marketplace. Cost factors and production costs will be lessened, and through the smart contract and the Alcyd blockchain, the transaction process will be recorded, verified, approved and then initialized through the digital wallet. The entire process is massively transparent, and the liquidity of the platform lends itself to increased profit and safety for all who participate in it.
Reassuringly, the Aclyd platform regulates itself and allows for a number of contributors and non-accredited investors to purchase the tokens developed within the platform – the AgreCoin (CAN) token. The tokens themselves allow for that seamless process to be fully activated and enjoyed by all investors, and the full-scale revolution process of the alcohol industry is guaranteed. The entire process is extremely well thought out, and the blockchain technology upon which it is based (utilising the ethereum based blockchain especially) lends itself to a platform that really looks to revolutionise the entire alcohol industry world. As a blockchain and cryptocurrency enthusiast myself, I can only see massive positives and an extremely bright future for this cohesive, coherent, decentralized platform. The results from the growth of this platform look to massively shake up the alcoholic industry, and I for one will be watching it avidly as it grows and revolutionises the global marketplace in a seamless and transparent way.
Aclyd Website: https://www.aclyd.com/
Aclyd Whitepaper: https://aclyd.com/wp-content/uploads/WP.pdf
Aclyd Telegram group: https://t.me/aclyd
Bounty0x username: frankiemalton