Despite the growth of e-commerce in the 21st century, more than 90% of retail trade continues to be captured by private companies. The Carry protocol represents a blockchain and cryptocurency system for offline networks, which allows consumers to track and use transaction data and connect digital currencies to the physical world.

The Fascinating Carry Protocol(CRE)

The Carry platform includes a number of features for e-commerce and e-commerce projects, but they do not exist in the offline world: opt-in transaction data, multi-currency payments and tokens are provided by individual traders. The great purpose of the transport protocol is the digital track the platform makes in offline sales. The current model creates data, but the data is limited compared to the amount that can create on the Internet and what data is controlled by large organizations. By using carry platform, buyers who buy from participating merchants can choose a gift as a token by their purchase. In this way, they will provide information about their transactions and personal data. Clients have the opportunity to share this information and receive publicity, which guarantees more prizes. Most platform services are provided through mobile wallet applications, the developers try to store transaction data under the control of the client. This application allows customers to view transaction data, share their convenience and choose whether or not they want targeted ads. Carry's portfolio will also offer customers the opportunity to pay with Crypto Currency at the store or use the company's loyalty tokens to pay a portion of their transactions.

The main issues with the offline retail market

• Client data is disjointed and unfinished, dealers catch it very firm to attach with their clienteles for return business
• Clients can’t be regulator of their records or benefit from it, the party actually can do this is, the big companies who then monetize those
• Advertising is old-fashioned, it can’t be assessed or targeted to clients effectively and built upon

How does this fascinating platform answer these demands

The fascinating Carry platform answers these through split the information storage through the Carry protocol. Carry utilizes blockchain to firmly permit whole data set to the dealer, allowing them to recognize and link with their clients, measure the efficiency of their advertising and motivations, and also suggestions new and very operative methods of incentivizing and appealing with the clients

This Include
• Exclusive tokens
• Prizes of CRE tokens
• Discount tokens
• Cross promotion with other local merchants
• Capability to pay in further cryptocurrencies and also fiat currencies
• Discount vouchers with registered token prizes
• CRE prizes for client information sharing
• Voucher and points controlling streamlined and enhanced through the system for dealers
• Further effective promotion networks
• Removal the middleman

The Token and Token Usage

Though the structure suggestions native tokens for dealers to use as customer incentives, the key token in the Carry platform is CRE and can be used in a range of methods. Customers can them as exchange to pay sellers for goods and services inside the Carry network. Dealers utilize them to entree a host of facilities from the Carry platform, for example generating custom proprietary tokens or the programmable smart contracts. Customers will mainly accept CRE from 3rd party promoters, as payment for retrieving the customers’ transaction information blockchains. And as assured, sales information is an alternative that can be withdrawn by the customer, at their decision. The information is also unidentified, for example it is related with one or extra wallet addresses, instead of your actual name.

Token distribution

• 40% for Token generation event
• 25% for Partner Programs
• 15% for Marketplace Activation
• 10% for the core Team
• 10% as Reserve
• 5% reserved for Advisors

Use of collected funds

The continues that the Business collects for Tokens traded to consumers through the Trade period will be used to protection
• 30% reserved for research and Development,
• 25% reserved for payment hardware or the essential tools for the sellers
• 20% for process and corporate expansion to assistance the trade gain solidity
• 15% for Sales and Marketing
• 10% for other
This is solitary an approximation distribution of continues and might subject to change if supposed obligatory

The RoadMap

• The Carry Corporation is projected to accomplish the Token Generation Event, by the 03rd quarter of 2018 and to progress elementary mechanisms such as the Smart Contract as well as the Protocol API
• With the fourth quarter of 2018, the corporation purposes to introduction Testnet
• By the starting month of 2019 quarter, the corporation purposes to improve protocol structure, for instance, the Reference Wallet as well as the Reference Point of Sale with the introduction of Mainnet and elementary API for the intermediary contribution
• The platform up and running in the marketplace by the 02nd half of 2019, for example, the Production Wallet and the Production Point of Sale
• By the first half of the 2020, the corporation purposes to form an Ad management platform

Team

The Conclusion

A quality project well thought out and with good experience in this sector, excellent support and competence. Partner and client networks have been created that will facilitate accelerated adoption, especially in Korea, taking into account the cryptocurency friendly nature of the country. The customer base of more than 10,000 Dodo resellers, which will grow and expand in Asia and elsewhere, and perhaps quite rapidly, also promises significant adoption growth in low-income markets, especially in retail offine market, the soft cap has not finalized but the notices show a maximum of $ 40 million, despite the ETH mechanism and the actual figure has not been released. This puts it at the highest preferred level for the cap, but its growth potential is still good, since the autonomous market is largely unresolved, and at this stage its space is relatively free of obstacles. Suffice it to say that the soft cap in this area will not lift the usual looks that can be made in other projects, in light of everything the Carry project does. Carry wants to offer more payment options for other currencies, as well as for BTC and ETH, as well as for Fiat, and they are undoubtedly being planned and in progress. If you add options for micro-payment, such as XLM or OMG, the synergy will act as a powerful driving factor and make those stronger.

For More Details

• Official website: http://carryprotocol.io
• Official Facebook: https://www.facebook.com/carryprotocol.io
• Official Twitter: https://twitter.com/carryprotocol
• Download white paper: https://bit.ly/2JbmPfj
• Official Medium: https://medium.com/@carryprotocol

Author Details

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