Devery is a great project focussed on creating a product verification protocol. So basically what it do is to verify a product so that fraudulent products can be elliminated from the market. A person can only be sure about the authenticity of a product through verified and original suppliers. The platform provides product companies to secure the supply chain. It greatly helps to prevent counterfeits ensuring the authenticity of the supply.
The idea looks pretty amazing to me because according to a survey the counterfeits products make more revenue more than the original products. If it can be implemented then it can make a huge difference by making this world a better place for all of us.
Devery basically provides a platform to the organisations to build their application for the products on top of the protocol which is fueled up with EVE tokens. Their alpha version is on testnet. Organisations would basically purchase EVE tokens with the specification of unique codes and manufacturers would mark a product with the same code provided by the platform.
Retailer would then verify the same on their system and customers can do the same by inputting the code into the mobile app to authenticate the same.
Product Demo: https://devery.io/poc/
60% Tokens of the tokens for Crowdsale
20% Tokens for company reserves
15% Tokens allocated to founders
5% For Future development
WhitePaper : https://devery.io/whitepaper/Devery_Whitepaper_rev5.pdf
Official Site : https://devery.io/
More Content To COME...STAY TUNED!
