The Carry Protocol is a system for joining different offline shops and consumers centered on the system of blockchain technology. Stores and customers are the essential contributors in this fascinating protocol and they mainly connect and cooperate in many ways using Carry protocol. In addition, it is believed that many initial stores will become the advertisers and conduct multi-channel business marketing through Carry Protocol

The elements that structure Carry Protocol are as follows

The Carry Protocol Transaction Database is a virtual database in the blockchain that is used to store payment data uploaded by consumers

Carry Wallet API can connect various electronic wallets, allowing consumers to easily manage themselves the cryptocurency control payment data and privacy

Carry Device API allows the payment terminal of the store to connect Carry Protocol, while sending consumer payment data to the user's mobile wallet with cryptocurency payment function

Carry smart contract support release Carry Protocol tokens CRE and BT

How Does this Fascinating Platform Work – The Business Flow

Payment

Branded Token (BT) - Loyalty Points

Transaction data monetization

Brand Token (BT) - Advertisement

Carry Protocol Works as a Value-added Service Provider

When you start with the purchase of goods or services at the store and the payment transaction, Carry Protocol support cryptocurency, credit card and cash and other legal currency paymentsStores generally provide consumers with points and coupons as a reward for spending and attract consumers to buy again. Carry Rules allow each the store its own brand tokens to carry out its own marketing program through brand tokens. The BT provided to the consumer is independent of whether the consumer uploads payment data to the blockchain, BT is issued by the store, and the store can freely choose to provide it to the consumerAfter the consumer makes a payment at the store, the payment data that has occurred can be received in his wallet application in a variety of waysIn addition to the use of loyalty points in Section 2, BT can also be used as a means of advertising. Consumers' payment data is stored in the blockchain and is likely to be used in advertising. Its main purpose is to target customersCarry Protocol Ecosystem includes various value-added, the service providers in addition to its main players to ensure that Carry Protocol is in place and complete

Works as a Settlement service provider :

The Settlement service provider's coordination required by the Settlement service provider's carry protocol’s transaction settlement part, if there is a store wishing to redeem the payment model (Cryptocurency is converted into the legal currency), the provider may be arbitrarily selected to provide the settlement service Works as a Wallet Service Provider :

Carry Protocol Participants who have the greatest influence on consumers in the Carry Protocol will provide a wallet for consumers in the form of mobile wallet Work as a Device provider :

Stores are required to have device to introduce Carry Protocol. The device is an important node connecting consumers and stores supports consumers to upload payment data to the Carry Protocol and also serves as a connection settlement service provider. Terminal service providers are value-added service providers that install device in stores and provide device software services Works as an advertising service provider : Advertising service provider analyzes carry payment data for advertisers, selects target consumer groups, and sends advertisement information. Most of the advertisers in the early days should be stores, but it is not easy for them to personally use the blockchain to select target consumer groups. As a result, advertising service providers are indispensable to meet advertisers' advertising needs

Value Preposition of Carry Protocol

Consumer

The Merchant

Consumers will prefer to visit stores that support Carry Protocol for the above-mentioned utility. In other words, through the introduction of Carry Protocol, stores can attract more consumers and realize more income

It is easy to manage consumers. The Carry Protocol interface used by the store will be very user-friendly and unrelated to the complexity of the blockchain and protocol

Advertisers

Advertisers can make effective advertising campaigns offline. Different from the existing leaflet advertising method, the advertising effect can be accurately quantified. Over time, accurate advertising target objects can be identified more and more

Advertisers can advertise on Carry Protocol through an easy-to-understand interface that helps advertisers focus their energy on their own business

Token distribution

Use of collected funds

30% kept for research and Development

25% kept for payment hardware or the essential tools for the sellers

20% Reserved for process and corporate expansion

15% Reserved for sales and Advertising

10%Reserved for other

A consumer is a customer who visits a store to purchase goods or services. As a key player in the carry’s Rules and also client can obtain BT as a reward for spending on supporting the Store, As usual, the consumer obtains the loyalty points or coupons provided by the shop in the form of BT after the payment is made at the shop, and can use the BT when visiting the shop again in the future, there are few more benefits customer gain from the stores that you could find in the whitepaperThe Merchant provides consumers with goods and services and charges them as cryptocurency or legal currency. The store is also a key player in Carry Protocol, merchant will get following benefitsAdvertisers are those who want to advertise to customers of Carry Protocol and obtain the following benefits through Carry ProtocolThe remains that the corporate gathers for Tokens traded to customers through the sale period will be used to protectionThis is solitary an estimate delivery of remains and might subject to alteration

The Team

co-CEO - Grant Sohn >>

co-CEO - Richard Choi >>

Lead Developer - Swen Mun >>

Developer - Hong Minhee >>

Head of Business Development -Jungwon Yu>>

UX Designe - Yujeong Namr >>

Product designer - Heeyeun Jeong>>

Product designer - Jisun Park >>

Product designer - Young Kang >>

Developer - Minjune Kim >>

Behind this successful project there is a great team. The members of the team are experts in the respective fields. Lets see the main members in the team

The Conclusion

An excellence project, properly thought-out and with the correct area knowledge, significant assistance and capability, The partner and client systems are by now in place and will assist to drive speedy implementation, particularly in Korea, making an allowance for the cryptocurrency friendly nature of the country

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