Scanetchain Token: A NEM-based Commercialized AR Blockchain

With the use of blockchain technology, Scanetchain will create a decentralized open platform which will serve as a market where contents and products can be exchanged for loyalty and disclosure fees. On the Scanetchain platform, users have the liberty to define their content or products. It will create an ecosystem where advertisement, products, and contents are linked or intertwined comprehensively with different platforms. The Scanetchain platform will make use of augmented reality (AR) technology to make sure all the subgrouping (advertising, shopping, contents, social networking service) can work hand in hand with each other, both online and offline without any issues or setback. The scanetchain platform will create a dual ecosystem interface, that is easy to use, fast and efficient. The first interface is the off-chain area, this interface will provide users with the extremely fast transaction, more simplified yet enhancement editing and the ability to delete functions. While the on-chain interface ecosystem is built directly to be a decentralized economy within the Scanetchain blockchain network.

Scanetchain is built on the NEM platform based on AR Dapp. This combined with the use of AR technology will help build its efficiency, it will give you the ability to digitally identify products, brands, and even images, whether we are online or offline, the platform will allow you assign marker to whatever you want to sell on the platform, this may sound like a very complex procedure but the amazing part of the project is that all you will need is just your smartphone camera, no need for any technicalities or complex equipment. Once you have a smartphone camera, you will also need access to the internet so you will be able to have access to the "paired blockchain based online platform." Thanks to the simplicity and comprehensive nature of Scanetchain, users will be able to easily search, make a purchase and place advertisement just by scanning objects or the environment around them. Scanetchain is a commercialized platform on blockchain where you can grow, build your portfolio and expand. The use of AR is also made easy as AR contents are made available to users with the use of data streaming methods and will make use of cloud server. It will provide AR streaming service similar to what YouTube offers.

NEM and Scanetchain
The scanetchain is built on blockchain technology this gives the platform all the advantages that NEM has to offer. In order to give room for individual users, shopping malls and advertising platforms to get connected under on ecosystem, NEM will provide an API that is compatible and wrong to improve its functionality. NEM has a design that helps it perform in all industry like IT, health, travel, exchanging.
The partnership has been acknowledged by NEM, according to a tweet from NEM;
“Scanetchain, a decentralized open platform, to disrupt commerce industry ensuring interoperability of advertising, shopping, contents, and social networking services through using augmented reality (AR) technology — powered by #NEM.

All you need is a smartphone.