Buyer:
Counterfeits are usually of poor quality
• Unsafe products
Unfair purchase price
Illegal for resale
Brands:
• Violation of IP addresses
• Loss of reputation
Loss of sales
Insurers:
• More dangerous products
Risk of false claims
• The risk of an inaccurate value
Government:
• Kriminal
• Stability
Loss of tax and duties
Frightening statistics:
$ 4.2 billion-Counterfeit goods will damage the economy by $ 4.2 billion by 2022
$ 1 billion-the number of hours sold for this amount on the black market for 2013
82 billion dollars-this amount is spent by manufacturers to protect their products from counterfeiting
50% of the paintings sold so Many paintings is a fake
Goods digital passport using blockchain technology will give you such important information about the product as:
●Origin● ● Authenticity●●ownership ●
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Knowing such information will eliminate any doubt during the purchase, which will reduce the production and sale of counterfeit goods, as well as reduce the sale of stolen goods.
According to the team of this project, GDP will not only reduce the number of counterfeit goods, but also help people to understand the goods themselves, who buy. Using this service, users not only can see the history of their purchases stored on the platform, but also can track their market value through an online wallet. This will allow users to show their wallet, proving the property and amount of the goods, for its further insurance, it will reduce the time for this process. This project also plans to offer the function of white marking, so brands can use this service directly and effectively during the transportation of their goods to the consumer. It will be provided by seamless insurance quotes, which will be proof of the property and value of the goods, it is focused on insurance companies and places of comparison of the goods. Once registered, the company can register its products quickly through the API service or through the website.
Registration of goods.
To create product information, the agent can either upload information in bulk or individually using the API service or website.
For example, if you download information in bulk, it will look like this:
10000 hours, black with gold inlay, model CPD543, serial number 123450124450
300 gold handbags, model FANCYP2, serial number 001-301
Example, if you download information singly:
The original artwork, acrylic paint on the brick, called "Silence", the author of the work is JJ Homes
Diamond ring with sapphire mount
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The level of information that agents load will depend on the type of product. Nowadays, a financial instrument is an asset that can be attributed to contracts or similar trust signs that can be sold, transferred or exchanged. Here is simple example. You give Bob an IOU for 1000 rubles, and the Bob gave this an IOU to Mahammad, who can come to you and demand your 1000. This piece of paper, which says: "I owe you 1000 rubles" and is a simple financial instrument.
Financial instruments attract one party to the other: cash, part of the company's property, interest or future supply of another asset. These include shares, loans, bonds, currencies, futures contracts, options, binary options, etc.
Professionals who legally develop financial instruments often advertise the high flexibility and low cost of these instruments. In the end, financial instruments is first of all, only a legal agreement.
We live in an amazing time. The age of modern technology is changing many aspects of our lives. Blockchain technology is increasingly entering our lives, bringing only positive moments. And today we will talk about the project, which provides financial services based on this technology.
The project team ABLE creates a global decentralized platform with the possibility of direct lending, investment, between people and organizations directly without any Bank intermediaries and territorial restrictions. Salary projects, account management, statements, options, securities - all known to us banking services and financial instruments, will be presented in one place and work on the basis of reliable and convenient blockchain technology. Such a system will allow you to safely store your funds in your personal account, in the form of tokens of this ecosystem, track all operations, invest in various projects with the help of transparent smart contracts.
Like any serious project, ABLE will present its own mobile application, thanks to which any user will be able to see and use absolutely all financial instruments. The application itself ABLE will work both in the web interface and in the mobile form.
The structure of the project will be presented in the form of smart contracts, including investments, loans, mutual funds and profit distribution - all this can be developed on the basis of ABLE.
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The platform will operate on a global scale. With the help of ABEX's DEX, it will be possible to quickly create fixed-term contracts with mutual funds. People will be able to help each other at any time, regardless of where they live. The team's financial group includes many well-known managers of such companies as Samsung, Hyundai, Coinrail, Dow Jones, Sorainen.
Each user will be assigned a credit rating, showing how solvent he is and whether to enter into any partnerships with him. There will be no bribes or false reports, documents - everything is simple and transparent. Organizations will be able to issue salary cards to their employees with payment for work in tokens.
Cryptocurrencies increasingly dominate this market, many States are beginning to recognize cryptocurrency as a means of payment, of course there are those who want to stop this process or take control. Specifically, this project allows many people to understand how cryptocurrency can be useful for the whole society, and how it can be used to digitize various assets, services and objects around the world.
More information can be found at these links:
Website: https://www.able-project.io/en/index.php?lang=en
Bitcointalk thread: https://bitcointalk.org/index.php?topic=4450204
Whitepaper: https://www.able-project.io/data/AB_whitePaper_Eng_180502.pdf
Telegram: https://t.me/ABLE_Project_EN
Author: https://bitcointalk.org/index.php?action=profile;u=2038562
0x1cff5da802703815aea69be79491c636369d0d1f
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