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GrEARN Chain
Pioneering a new era of "Shared Commerce" blockchain
To connect global consumers; retailers, advertisers, brand business and other people; build a future oriented retail economic ecology; give people freedom, openness and mutual trust to share the new era of economic life, through the use of block chain, DAI and DID technology.
Problem in Traditional Retail Industry
1. Highly Dispersed Industry
In addition to a small number of central retail giants in the traditional retail industry, a large number of small and medium retail enterprises are highly dispersed, fragmented and long tailed, so a new technology is needed to create an economic ecosystem that can effectively integrate the retail industry.
2. Small retail lack effective technical capability
In addition to a small number of central retail giants in the traditional retail industry, a large number of small and medium retail enterprises are highly dispersed, fragmented and long tailed, so a new technology is needed to create an economic ecosystem that can effectively integrate the retail industry.
3. There are many intermediate links, high cost and low efficiency.
The middle and small retail enterprises have many intermediate links in the process of purchasing and selling services. Leading to high cost of purchasing and operation and sales. It realizes maximum disintermediation through block chain technology and economic model, reduces the cost of intermediate links, forms the most efficient point to point value circulation, and realizes the price of shared retail.
4. Lack of a credible system for value transfer
In the traditional business process, small and medium retail enterprises can not establish a reliable value transfer system of enterprises, build a credible value transmission system through block chain technology, combine the small and medium retail enterprises, and form a variety of resources sharing alliance system such as purchasing, selling, service and market.
5. Financing difficulties in traditional retail enterprises.
The traditional small and medium retail enterprises have high financing threshold and high cost. Many enterprises can not finance and build trustworthy networks through block chain technology. It can carry out financial activities such as all kinds of products, public financing, public financing and mutual insurance on the basis of intelligent contract.
6. Lack of a consensus oriented incentive system for retail ecology
In the traditional medium and small retail industry, the ecological consensus incentive system is lacking. Through the block chain technology, the whole ecological consensus incentive system for consumers, retailers, suppliers, manufacturers, service providers, service providers and investors can be constructed. Let all ecological participants spontaneously promote the prosperity and vigorous development of the whole ecosystem.
Scenario
1. Sharing new retail
A evolution of retail which provide more Transaction security, Property rights, Evaluation of reality, Quick payment, Intelligent analysis and Process monitoring.
2. Crowd member
A incentive system allows retailers use unified logistics,share information and reward customers any behaviors like Consumption, comments with accurate customer needs based on real time data, which can benefit everyone participate in the system.
3. Sharing new retail financial services
To provide multiple new financial services for retails and customers like Public interest, Profit margin, Crowd-funding, Commodity insurance, Commodity collection, by using smart contracts, based on accurate, tamper-proof and real time on-chain data.
4. Advertising service
Accurate advertising service with Distributed Artificial Intelligence, Intelligent contract transaction, data security and Data confirmation to allow retailers perform Personalized digital marketing with Precise release and privacy protection.
TEAM
Felix Yang
Graduated from the Department of Computer Science and Technology, Beijing Institute of Technology, worked at Tsinghua University Department of Computer Science and Technology, Tsinghua Computer Group and Tsinghua Tongfang, is the technical director of Centry21 China, a listed company on the New York Stock Exchange, partner of Sinoepower and distributed commercial software provider Geniustek (Canada)., Director of China Division and founder of tagQ.
Samuel Fan
Graduated from the Finance Department of the University of Queensland in Australia, was a senior executive of the Fosun Group as well as a retired Australian Army captain, who served as a liaison officer to coordinate the ground operations between the US forces and the Australian Army in Afghanistan and won the Silver Warrior Medal.
XiaoKun Guo
Graduated from Beijing University with a major in international economics and trade. He was the chairman of Zhonghao Group, the founder of Beijing Dianshi Investment Fund Management Co. Ltd., the chairman of Hainan Huixuan Industrial Co. Ltd. and an honorary citizen of Austin, Texas.
ZhiMeng Sun
Graduated from the Computer Science Department of Nanchang Aerospace University. He worked as a senior programmer and system architect for Baidu, is a large system reliability solution expert, as well as a block chain and distributed computing expert.
Hao He
Computer major of China university of petroleum. Worked for CNPC，senior programmer, expert of mobile application development, activist in blockchain and crypto-currencies communities, moderator and manager for several blockchain and distributed technology projects communities.
Cheng Cheng Tang
Graduated from the Institute of Enterprise Management, Taiwan University of Success, with a master's degree.Worked at Chengdu Bulk Forest Food Co. Ltd. as a director, FREEMORI (CAYMAN) CO.LTD. as a director and is currently a director of Buoyia Forest (Hong Kong) Co. Ltd. and general manager of Buoyia Forest Ltd.
