Entrepreneurship is actively developing in the modern world. But the issue of interaction between both countries and producers within a single city is quite acute. EkkBaz platform represents a new level of business for successful cooperation in the field of FMCG using EkkBaz Business mobile application. The project is implemented on blockchain technology with the introduction of artificial intelligence and the latest technologies to eliminate intermediaries and allow business owners to exit to any market in the world. EkkBaz platform offers the use of the best technologies for doing business taking into account the needs of the market. The sales on the current market of grocery retail amount to $8.5 trillion, and it is expected that by 2022 it will increase on $2.7 trillion in global grocery retail sales. As part of the rapid integration of the project, EkkBaz works with selected manufacturers and stores in Singapore and Bangladesh to ensure the suitability of the platform in developed and developing countries.
https://ekkbaz.com/
Key features of EkkBaz
With the help of EkkBaz, you can create orders, receive and pay them quickly in real time with instant notifications for all related parties. The platform also offers a booking service - you can order the equipped space for grocery stores, create opportunities for demonstrating goods. With the help of an analytical function, you can conduct an analysis of your business in real time, forecast the demand for your products and increase your revenue. On the platform, a chat is available that allows collaborating with all interested parties, using text or voice messaging for quick communication. EkkBaz is already available in the mobile application for Android and iOS.
Advantages of EkkBaz
Artificial intelligence will ensure the formation of an efficient and cost-effective order of products in real time between grocery stores and manufacturers using smart contracts and blockchain technology.
https://ekkbaz.com/
The owners of grocery stores will receive new revenue sources, allowing them to use their areas for holding exhibitions of goods from manufacturers. Manufacturers can also reward the loyalty of grocery stores and comfortable conditions for carrying out activities in platform tokens.
EkkBaz will provide an identification QR code for grocery stores and other tools for integration with other business solutions through the Baz Store. EkkBaz is an intellectual assistant in doing business that will maximize the range of products in the store and increase sales with the help of AI, which will give recommendations on the best ordering using forecasting.
Using EkkBaz is beneficial for all participants of the process, as the platform directly connects grocery stores to manufacturers, offers simple information exchange and collaboration, uses smart contracts to facilitate interaction and EKK to simplify B2B transactions.
The advantages of EkkBaz project for manufacturers include the possibility to be in direct cooperation with millions of small stores on one platform, the ability to list products and discounts for them to increase the availability of an order, a dedicated sales channel based on a store location, real-time analytics, transparent feedback and opportunities for business interaction.
EkkBaz cryptocurrency
All calculations on the platform are carried out using the internal cryptocurrency - EKK tokens. Until July 9 there is the main crowdsale, during which you can buy cryptocurrency with the discount of 5% to 10% depending on the amount of investment. For 1 ETH, you can purchase 10,000 tokens. The project’s softcap is 2,000 ETH. The issued cryptocurrency is distributed as follows: 50% - for sale, 35% - for reserve, 5% - for marketing expenses, 10% - for advisors and team.
Conclusions
Thus, EkkBaz platform is the next generation platform for business cooperation with the use off the mobile application. The project was launched in 2017, and currently has an operational web version. By the end of 2021, the creators of the platform are planning to implement the work of all options. The investments, collected during the crowdsale, are planned to be used to develop the platform (40%) and promote the project (30%). With the implementation of all the announced options EkkBaz project promises to be successful.
Links:
Website: https://ekkbaz.com/
WhitePaper: https://ekkbaz.com/token-offer/whitepaper/en
Telegram: https://t.me/ekkbaz
Facebook: https://www.facebook.com/ekkbaz
Twitter: https://twitter.com/EkkBazCom
Medium: https://medium.com/@EkkSocial
ANN: https://bit.ly/2NliZD0
Author: https://bitcointalk.org/index.php?action=profile;u=980049
Disclaimer
This review by Bonanza Kreep is all opinion and analysis, not investment advice.