GrEARN Chain
Sharing the future with GrEARN
Creating global strategies for the new blue ocean of new shared green retail. Based on blockchain, smart contracts, DAI, DID and related technologies, GrEARN bridges the global new green retail, constructing for the future of trusted retail economic ecosystem, promoting the world towards a green retail, green energy, green ecology, environmental protection, a low carbon life, also a green planet for the whole mankind.
Challenges in Traditional Retail Industry
1. The business is highly dispersed,the characteristics of the long tail is obvious
Except for a small number of centralized retail giants, a large number of small and medium-sized retail enterprises in the traditional retail industry are characterized by high dispersion, fragment, and a long tail. So a brand new technology is in demand to create an economic ecosystem that can effectively integrate the retail business.
2. Small and medium-sized retail enterprises are small in size and lack the effective technical capacity
Small and medium-sized retail enterprises are small in size, relatively low in personnel quality, and also limited in technical capabilities. An open technological ecosystem can be set up through a blockchain approach, enabling all small and medium-sized retail enterprises with technology capacities, forming the technical capability of intelligent retail quickly, reducing the operating cost and achieving the rapid development of a business.
3. Too many intermediate links, high cost, and low efficiency
In the process of purchasing and selling services for small and medium-sized enterprises exists many intermediate links, which leads to the high cost of purchasing, operating, and sales. In order to maximize the degree of disintermediation and reduce the intermediate link cost, blockchain technology, and economic model are employed, therefore, forming the most efficient point-to-point value circulation, and achieving the value ecosystem of sharing reciprocal beneficial retail.
4. Lack of a credible value delivery system
In the traditional operating process, the small and medium-sized retail enterprises cannot establish a credible value delivery system of the enterprise. With blockchain technology, a credible value transfer system is constructed, and small and medium-sized retail enterprises are united to form an alliance system of purchasing, selling, service and market resources sharing etc.
5. Traditional small and medium-sized retail enterprises have difficulty in financing
The barriers for traditional small and medium-sized retailers are hight. They more often than not would have trouble financing their businesses. By utilizing blockchain technology to build a trusted value network, various financial activities such as commodity crowdfunding, service crowdfunding, equipment crowdfunding, mutual insurance and so on can be carried out based on smart contracts.
6. Lack of consensus incentive system for retail ecology
Among the traditional small and medium-sized retailer, it lacks an incentive system. The whole ecological consensus incentive system for consumers, retailers, suppliers, producers, service providers and investors can be constructed by blockchain technology so that all ecological participants spontaneously help to promote the prosperity and prosperous development of the whole ecosystem.
Scenarios
1. Shared new GrEARN retail scenarios
A evolution of retail which provide more Transaction security, Property rights, Evaluation of reality, Quick payment, Intelligent analysis and Process monitoring.
2.Multi-benefit member incentive mechanism
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. Shared new GrEARN 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. Shared new GrEARN precision 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.
5. Shared new GrEARN credit service system
GrEARN records the production data, logistics information, sales data, financial status and related information from technical service providers, logistics suppliers, brands dealers etc. Data is analyzed by DAI to protect the privacy of participants and confirm the line of credit. Consumers and retailers can also share desensitization data for credit evaluation and credit rating. All data will be stored in DFS system and associated with GrEARN to achieve data security storage and value transmission, and establish an openness, secure and dependable credit service system.
Core 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.
