In this piece, I would be making a business analysis on the potential value of Ekkbaz platform. For perspective purposes, I would be making reference to two different industries that Ekkbaz wants to operate on, which is the FMCG and the blockchain technology.
Blockchain which is a distributed ledger, this means its an open source project, it signifies there is no boundary limit for this technology, and that the reason it is gaining more traction by the day. This is the reason it is disruptive in nature because it knows no boundary, and that's why lots of projects enter the market every day with the hope to solve real-life problems. A number of these projects comes to the market without proper research on the niche they are trying to enter and flop even before they enter the market. In order to stay safer in this space, there are some criteria to look for in a project before investing, some of which are stated in the section below:
The Ekkbaz project is designed to disrupt the FMCG industry, by creating an effective collaborative mean for the manufacturer and store owners. The team's major goal is channeled to providing a lasting solution to existing challenges in the FMCG industry.
As we have it now, for store owners to purchase goods from manufacturers, they have to go through a middleman, which in turn charges for his service, and there is no direct communication channel between the manufacturer and his grocery store owners. This in many ways adds to the inefficiency within the FMCG industry.
Ekkbaz provides a platform where the manufacturer and grocery store owners can communicate more efficiently, by creating a mobile app, which in turn enhances communication and helps order booking easier and able to track goods on a real-time basis.
Ekkbaz acts as an efficient interface between the grocery store owners and manufacturer.
The project team is a vital part of any project, in fact, the level of the team comportment determines how successful a project would go. The philosophy of the teams working environment also creates a positive or negative fragrance for the project.
The project is founded by Enam Chowdhury who have experience working with Microsoft for 5 years. The desire to carry out this project is rooted in his childhood experience. Backed by the right philosophy I think the project is ready to take over the FMCG grocery industry.
The team is abled.
To analyze the market Ekkbaz is entering, which is the FMCG - Fast Moving Consumer goods. The Ekkbaz protocol is designed for the revolution of Business to Business to work together for $8.5 trillion FMCG businesses. Although, the concept of business to business is not indeed new. Although the application of blockchain technology is set to change the way things and businesses close deals within themselves, store owners and manufacturers could collaborate more efficiently with the application of the Ekkbaz protocol as a bridge between grocery store owners and manufacturers.
The blockchain technology is not a try and error technology, it has proven to revolutionalized the world of finance, cloud computing, online gaming and now Ekkbaz is at the forefront to revolutionize the FMCG industry.
In conclusion, the Ekkbaz is at the frontier to completely effect the FCMG industry grocery stores, to enhance business to business collaboration between manufacturers and stores owners. The development of this project is underway, the mobile app is available in the play store, get onboard this is not just a white paper project, its a working project.
Visit the Ekkbaz official website, join the social media communities and consult the official documents for more information about the project.
Website ICO: https://ekkbaz.com/
Whitepaper: https://ekkbaz.com/token-offer/whitepaper/en
ANN Bitcointalk: https://bitcointalk.org/index.php?topic=4447647.0
Telegram: https://t.me/ekkbaz
Twitter: https://twitter.com/EkkBazCom
Facebook: https://www.facebook.com/ekkbaz
Linkedin: https://www.linkedin.com/company/7603237/
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This article is not a financial advice. Investing in ICO may be extremely risky, always remember to do your own research and consult financial and legal advisors before investing in ICOs.
