Aclyd is a blockchain based identity verification/security system & payment-processing Platform. To be honest there are too many such projects but Aclyd has a particular industry in mind; $26 billion dollar wholesale alcoholic beverages market. As ico scene is flooded with projects aiming general solutions, I am actually glad to see projects aiming particular solutions for particular markets.
You may ask yourself; is crypto necessary for such a project? The Ceo of Aclyd answers this very question like this: “When people ask me why I use crypto, it is simple: Because delivery of alcohol requires a smarter wallet; and the industry needs a better payment system.”
For me, their strongest selling point is ensuring minors are not purchasing alcohol thanks to Aclyd wallet which has a kyc function. Now let's take a look at the components of the Aclyd project:
THE PLATFORM
This is their decentralized platform whose goal is to minimize the payment lag times of up to 90 days. The participants in the platforms are farmers, producers, merchants, importers, wholesalers, and end consumers. The speeding up of payment processing is surely beneficial to all participants. Aclyd is not all about speed, they also want to achieve transparency through blockchain.
THE WALLET
Nowadays the consumers would love to have everything delivered to their doorsteps. But door-to-door delivery of alcohol has a hurdle all the time; how to ensure clients are of legal drinking age? I buy my groceries from the internet and they deliver it to my doorstep, but guess what? They do not deliver alcoholic beverages, probably because they don't want to bother with the control of the client's age. So the digital wallet and DAPP that Aclyd provides, the age problem will be a thing of the past since Aclyd gives the necessary tools to sellers about the age restriction of clients.
THE TOKEN
As I just mentioned, the platform of Aclyd consists of many participants and they are often located in different countries, so it makes sense to have a global currency, that is where Aclyd comes in. having a common token makes everything smoother, faster, more efficient and more transparent. Also, payment costs are lowered.
THE SMART CONTRACT
Thanks to a decentralized app (DAPP) producers and independent farmers will be able to use their mobile devices to create smart contracts and receive payment for goods and services.
Aclyd has a working MVP that you can reach at http://drip86.com, that lets you try out the platform and see for yourself how it functions. That MVP is made possible with the partnership of Fuego Fino, Inc, a fully licensed US importer/wholesaler with sales in the Arizona market.
I spent some time browsing their MVP and even though it is not ready for showtime yet, I can say it looks promising. Being able to use crypto to buy all kinds of alcoholic beverages will be another comfort that blockchain technology brings to our lives. Naturally, Aclyd needs to have many partners to be able to reach a particular market share. Like a snowball effect, if they can get customer attention I am confident they will attract new partners with ease. I would drink to that!
Aclyd ICO Whitepaper = https://aclyd.com
Aclyd ICO Website = https://aclyd.com/wp-content/uploads/WP.pdf
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*Disclaimer: None of this information is intended to be financial advice. This article shows my personal opinion and I advise everyone to do their own research.
