SimplyBrand: Bring back customers confidence to e-commerce

Blockchain is a moderately new technology that indicates extraordinary promise for use across numerous industry, including logistic and supply chain. The same technology that powers the cryptocurrency BitCoin can be utilized to lessen the introduction of counterfeit goods across the supply chain. It's a great opportunity to explore the conceivable outcomes of utilizing this innovation in our industry; it is early days however yet there are many intriguing improvements.

Blockchain records are intended to be unchanging. Each record in a blockchain record contains a cryptographic key. This key is made utilizing each past record (and its key). That makes it simple to run a algorithm that recognizes whether the record has been tampered with.

Since blockchain based records will in general be appropriated over numerous machines over this, the tampered record can easily be substituted for the right version of the record.

The uses of blockchain across numerous organizations is exceptionally encouraging, yet there are particularly encouraging applications over the logistics and supply chain industry that could decrease delays and decrease the impact of counterfeiting significantly.

Overview of SimplyBrand

At its core, simpleBrand is a platform that is intended to enlist a new product,certify it, enter it into the database and decide the legitimacy of the products. The platform isn't so simple, in light of the fact that it is based on the blockchain technology, it has the help of artificial intelligence and can even work with a person who gets a reward for his actions.

Normally, the platform itself can't work without a few components. That is the reason the primary parts of the platform work simpleBrand now and will be considered.

The combination of technologies, for example, the blockchain and the trained artificial intelligence can provide the most noteworthy level of recognizable fakes. And if we add to this the work of a person, that is, a project participant, then the simpleBrand project appears to us as an exceptionally and promising project.

Blockchain technology is a breakthrough that has turned out to be extremely valuable for building a chain of data that cannot be altered. So the developers of simpleBrand have created a catalog in which a lot of data is stored. This is particularly fascinating because it stores data about fakes. Therefore, even with the greatest desire to leave this list, you will need to work hard.

How SimplyBrand Work?

The simpleBrand platform will be utilized in a few ways without a moment's delay. The first is the work with trained artificial intelligence, which is searching for and recognizes fakes. The second course is an individual who every way under the sun helps both himself and trained artificial intelligence.

Finding

The first stage of verification of a product that previously showed up is its detection. Thus, the platform will continually be monitored for the presence of a new product. Once it is discovered, it is entered in the product catalog.

Confirmation

After the revelation of the product and its entry into the database, the product is checked. This implies that it is characterized by a various signs, complete information is entered about it, the manufacturer, the date of manufacture, the place of manufacture, and so forth. Further analysis is done on whether this product is original.

Total

In the event that a product is recognized as original, it is added to the main catalog, by means of which the newfound products are continually compared. If the product is recognized as non-original, that is, fake, then it is blacklisted. Further, stores and resources where this product is traded can exclude it from its range.

SBA Token is the essential methods of payment on the simpleBrand platform. Platform members get rewards for the work done, and brands that register their product or use other platform features acquire a token.

Risk calculator 

With the assistance of this opportunity, any manufacturer of goods, can estimate the likely risk of losing their own income, depending on the output of forged products. Furthermore, it will enable you figure out how to avoid counterfeiting your own products.

Fake detector

This property of the simpleBrand platform helps to effectively check the quality of products and evaluate the level of fraud. To do this, a suspicious product is chosen, its URL is indicated, and the simpleBrand platform decides the degree of forgery.

FUTURE PLAN

SimplyBrand is already thinking ahead. SimplyBrand is building the solutions for the incoming Blockchain transformation. If Blockchain technology comes massively received, then this kind of project will be considered as pioneer, and so, will be leading a part of the market related to branding and anti-counterfeiting. In that point of view, simplyBrand without Blockchain use would be a project looking in the past, whereas simplyBrand combining multiple technologies as Blockchain, built-in AI model and machine learnin is proposing new solutions for the future.

ROAD MAP

May, 2013: SimplyBrand begins to provide big data and AI solutions for brand

October, 2017: Anticipated anti-counterfeit demand from existing customers, received RFP

May, 2018: SimplyBrand.oi Blockchain solution project with market verification MVP, kickoff

October, 2018: Crowd sourcing MVP

December, 2018: PoC2 Counterfeit Risk detector

May, 2019: Verification – Crowdsourcing online

September, 2019: SaaS application for Brands and Blacklist on Blockchain lunched

December, 2019: SaaS application for Enforcement Agencies online

Token Information:

Symbol : SBA

Token Type : ERC20

Token Price : $0.05

Softcap : $2 million

Hardcap : $20 million

Conclusion

 simpleBrand is a rather fascinating project that will enable everyone to get rid of fakes. This will enable everyone to use quality products, and manufacturers will lose their low-quality and unfair rivalry. I encourage everyone to accept this opportunity and make our world without fakes. In addition, you not only make our lives better, as well as earn from it. A vital important addition: the project already has a ready working product, and this says a lot.

MY DETAILS

Website: https://simplybrand.io/en/

Whitepaper: https://simplybrand.io/docs/simplyBrand_Whitepaper_EN_V3.02_20181108.pdf

Telegram: https://t.me/simplybrand

Twitter: https://twitter.com/simplyBrand_io

Facebook: https://www.facebook.com/simplybrand

Medium: https://medium.com/simplybrand

Author:

My Username : Alaho15

My Bitcointalk URL :https://bitcointalk.org/index.php?action=profile;u=2513944

My ETH Address: 0xf8c20030A71708E73D58Ab3900629F17B8875da5