Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [ICO]🍷💰🍷BEVEREGE.CASH- UNIFICATION OF THE CRYPTO AND REAL ECONOMY🍷��🍷
by
beveragecash
on 03/10/2018, 12:20:30 UTC
Competitor analysis

There are no real competitors -this is a unique project, which has no analogues.

In fact these technologies are used separately nowadays:

RFID - for process automation,
Blockchain – there was a few attempts to use it for the alcoholic beverage industry,
QR and NFC - to enter virtual reality.

The solution that we are working on will unite all above technologies for building trust between consumers and producers and their mutual protection. Some companies are doing something similar.
For example, VIVINO is a nice application, but using this platform it’s easy to manipulate consumers’ opinion. The essence of it is that a person decides to buy another bottle of wine based on the opinion of others. But everyone can write these opinions themselves or hire a team to write them.
The Beverage.cash project has another target - building of transparency and trust between the manufacturer and the consumer. Our platform makes consumers’ opinion manipulation impossible.


Another example is VeChain where payments inside the platform are made using their own crypto-currency, which is similar to our project. Everything purchased on the platform - RFID equipment, RFID tags and sensors, QR / NFA tags, service fees, commission – is paid by internal tokens. Like in case of VeChain, the stability of the token is secured demanded goods sold on the platform for crypto-currency.

Now about the differences. VeChain offers the use of QR code to collect/trace/store information about the product in blockchain and displayed on the platform. Their main purpose is protection against forgery and changing of information about the life cycle of the product (for example, a car). We have a different goal and solution. The idea is to automate the process of collecting of information at all stages of production of alcoholic beverages, keeping it in the blockchain and providing this information to end users when they are making a purchase decision. The Beverage.cash platform is not just an information portal, like VeChain, but also a full-fledged platform for the trade of alcoholic beverages.
Therefore, you can compare VeChain and Beverage.Cash in terms of the demand for an internal token used on the platform, but if we are talking about the internal arrangement of the platforms and tasks, then these are completely different projects.