ScanetChain — Industry: AR and Advertising

ScanetChain — Industry: AR and Advertising | Ecency

The Startup Ecosystem in South Korea

South Korea is the 4th largest economy in Asia and 11th worldwide. The South Korean workforce is highly educated and, in many areas, highly technical. Large, successful conglomerates have been built and are often run by wealthy families. It is an incredible economic achievement that following the war, South Korea was able to make the leap from one of the poorest countries to a developed and high-income country within a single generation. The world acknowledges and respects the fact that Koreans are proud and motivated people.
Scanetchain is a win for all involved. Users get a reward for watching ads. The tokens can then be used to purchase goods. On the other hand, advertisers can use tokens gathered from purchases to set up ads, thus growing their brand.

New project: Scanetchain

The platform has the vision of becoming the go-to virtual space where people can sell or buy products and content for a pre-defined fee or royalty.
This platform is structured to ensure that products and ads can come together as a single and interlinked ecosystem that consists of various platforms. AR and the blockchain power the Scanetchain platform.

This will ensure that shopping, advertising, and social networking that take place offline and online take place with ease.

Hybrid Blockchain

Scanetchain offers a user-friendly interface by reserving a separate Off-chain areafor faster transactions, enhanced editing and deleting functionalitywhile the On-chain counterpart is dedicated for the decentralization within the blockchain network.

Scanetchain uses augmented reality (AR) technology to ensure interoperabilityof advertising, shopping, contents, social networking services in both online and offline setting, without a glitch in transition.

Four-stage structure of Scanetchain platform:

1. Core – NEM Blockchain Platform

AR blockchain in light of NEM Blockchain Network Manage substance and charging framework effectively by applying ScanLedger innovation, which is the interesting dispersed record of Scanetchain. NEM’s blockchain stages offer industry-driving exchange rates with respect to size and speed.Imaginative agreement systems and Supernode programs additionally permit, open blockchains to reach out without trading off throughput or dependability.

2. Scanetchain Service

The Service layer executes every one of the capacities for overseeing information and client and substance data kept up by Core. Gives information administration and information/yield capacities in view of blockchain data and offers them to accomplices in API and SDK frame. Blockchain Efficiently convey through the REST API given by Core and keep up stage shape.

3. Popularized AR Decentralized Application

Scanetchain is an AR Application, which constitutes the off-chain area of the scanet chain, comprises of an application furnished with an AR check work and a disconnected marker which can be perceived by the AR camera and associated with on the web. Scanetchain (Scanned Chain) is a two-way intuitive application that gives AR data in a single heading as well as interfaces disconnected and blockchain based online stages. The Scanetchain gives clients an assortment of administrations on the informal community interface. The administration has four fundamental territories furnished with enlarged reality (AR) camera work.

4. Scanetchain Off-line AR Markers

Not at all like other blockchain models, Scanetchain contains disconnected highlights. Clients can sweep and get to and connect with Augmented Reality(AR) cameras in a disconnected situation with markers that set all online substance and administrations as coordinating information.

The AR content will be availed via data streaming that takes place in the cloud. At the core of this platform is a hybrid of on-chai and off-chain blockchain that consists of four parts:
An AR advertising systems where users can AI scan advertise anywhere at any time using an AR camera; they get tokens as rewards for watching the ads.
An AR shopping system lets users utilize accumulated tokens to makes purchases of advertised products. They can also use tokens to buy the paid content.
An AR social network that lets users bring the blockchain-based social network content offline via the scanetchain AR frame. A content distribution system created by Scanetchain that comes with an automated notarization system based on the NEM blockchain.

● Unit : Scanet World Coin(SWC)
● Token Platform : ETHEREUM (ERC-20)
● Total Token : 1 billion SWC

The SWC token is a cryptographic currency, a medium in the internal ecosystem of Scanetchain.
In the open market platform that users, consumers, suppliers, sellers, and advertisers can use in a
comprehensive and organically usable way.

Under the POA(Proof of Activity) Algorithm, SWC tokens have liquidity in the entire ecosystem that continues to circulate due to the voluntary participation of all accounts. It is possible to exchange other cryptocurrencies into SWC token through its exchange
counter inside the platform.