What is ekkBaz | Advantages of ekkBaz Grocery Platform and ICO


EkkBaz is the very first blockchain and ai-powered platform attaching, equipping and changing last-mile grocery stores by enabling straight B2B interaction with suppliers in any type of corner of the globe.

Ideally, trade between businesses is akin to the exchanging of information between parties. This overarching concept is supported by blockchain technology, which offers the suitable foundation to make this a reality in today’s digitalized world, compared to previous decades where merely the digitization of data was prevalent. This is due to the distributed, collaborative and immutable nature of blockchain technology, which has the potential to radically enhance process efficiency, transparency and the key element of trust between the various stakeholders related to businesses.

The initial variation of the EkkBaz Organisation mobile application, which was released in July 2017, was built in stealth mode. Based on the Lean Start-up approach, we ran shut pilots with pick manufacturers as well as a supermarket to swiftly gather as well as iterate on comments, which enabled us to even more improve the application.

By utilizing the existing blockchain, artificial intelligence, social and collaborative technologies in an easy-to-use mobile interface, EkkBaz will simplify B2B interactions and expand the earning potential of millions of traditional, community-based grocery store owners in the FMCG industry around the world with an Omnichannel approach.

The EkkBaz system will become the first global, decentralized and smart direct-to-store interaction platform which are composed the system will involve the complying with stakeholders, which will certainly take part as depicted:

● Grocery Store
● Manufacturer
● Supplier
● Field Force

EkkBaz has actually developed an option that will reduce the everyday operations of those in the FMCG industries via a mobile application. This mobile application is called EkkBaz Business and it is currently available in both the Android Play Store and the iOS App Store.

EkkBaz app has these features to help consumers.

EkkBaz Platform

Grocery stores can place direct orders for products with the manufacturers and distributors of the products, or with the assistance of field forces.

Grocery stores often have open spaces or empty shelves but due to the lack of proper communication channels with the manufacturers, they are unable to inform them about these available spaces.

EkkBaz Business provides real-time collaboration between all the entities of an FMCG business (from the administrators of manufacturers to the owners of small grocery stores) through the ‘Chat’ feature.

Analytics & Forecast
EkkBaz Business provides analytics based on the businesses’ transactions and forecasts demand to help optimize the demand for the businesses.

There are several benefits from EkkBaz to all parties.

EkkBaz Platform Benefits

Directly connects grocery stores with manufacturers
Ease of information sharing and collaboration
Smart contract to facilitate interactions
Uses EKK for facilitating ease of transactions

For Store Owners
New ways to earn extra revenue
Order authentic products directly from verified manufacturers
Intelligent data-driven assistant to assist with getting to optimize sales selection
Boosts efficiency as well as saves time by eliminating paper billings and also tiresome settlement
Obtain benefits straight from producers
Transparent feedback and conduct of business in a trustworthy manner to maintain a high rating score

For Manufacturers
Direct collaboration with millions of small stores in one central platform
Publish products and offer discounts to make them easily available for ordering
Dedicated location-based, push sales channel
Provide attractive promotion and loyalty rewards directly to store owners
Real-time analytics to improve operations
Transparent feedback and conduct of business in a trustworthy manner to maintain a high rating score

These are the key components and processes of Ekkbaz platform

Product search
Minimum balance
Dispute resolution

EKK Token
Name: EKK Token
Symbol: EKK
Decimal: 18
Total EKK Token to be minted: 2 Billion (2,000,000,000)

Token Allocation
50% Token Sales & Distribution
35% Platform Growth Reserve
5% Marketing/Promotion
8% Team
2% Advisors

Token Sale
Start date: 25th June 2018
Start time: 13:00 (UTC + 8) Singapore time
End date: 9th July 2018
End time: 12:59 (UTC + 8) Singapore Time
Period: 1
Payment methods: ETH
Soft cap: 2,000 ETH
Token exchange rate: 1 ETH = 10,000 EKK Tokens
Total EKK Token supply for the period: 400,000,000
Min. purchase: 0.1 ETH
Purpose: Private sale and crowd sale to raise initial funds needed for the project to continue.

Team & Advisors
Led by founder and CEO, Enam Chowdhury, we are leveraging the best minds from the technology and industry fields to transform small businesses and the industry as a whole by linking and encouraging grocery store proprietors worldwide.

Ekkbaz Clients

For More Details of ekkBaz :
Website ICO: https://ekkbaz.com/
Whitepaper: https://ekkbaz.com/token-offer/whitepaper/en
ANN Bitcointalk: https://bitcointalk.org/index.php?topic=4447647.0
Telegram: https://t.me/ekkbaz
Twitter: https://twitter.com/EkkBazCom
Facebook: https://www.facebook.com/ekkbaz
Linkedin: https://www.linkedin.com/company/7603237


Post By Anton De Mel
Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1770640


Leave a Reply