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The Devery Protocol is a decentralized verification platform that enables tokenization and tracking of the Ethereum network. The protocol allows manufacturers, brands, retailers and any other party to assign a unique signature to any product, service and digital good sold, distributed and traded online. The protocol is the base layer of the Devery ecosystem, which can be used to build application-level verification services (dApps) and can be integrated with any existing e-commerce stores, applications and services. This provides a highly competitive market for third-party verification services in professional business markets such as apparel and apparel industries, technology, food markets, raw materials, education, and other digitally sold goods and services.
EVE is the engine that powers the Devery protocol. EVE needs to generate a unique signature and context data on the protocol. Any application built on the Devery protocol requires users to use EVE tokens, which are received by application owners as a fee for their verification services.
Devery is a decentralized ecosystem that provides developer tools and leverages blockchain technology to secure supply chains and product verification. The underlying Devery protocol is based on a blockchain-based open-source product verification protocol that helps combat counterfeiting. To achieve this achievement, Deryy E-commerce will help suppliers to protect their supply discipline from fraudulent offers. This will only help those customers who will be guaranteed the right product but the supplier's sales will increase. The Devery Protocol will abstract the complexity of interacting with smart contracts by deploying pre-developed smart contracts to improve the developer experience. The end result is an ecosystem of validating applications that communicate and interact with each other through the Devery protocol.
Provide digital passports for products
Create a single, unalterable record on the blockchain for a product's data and identity. These records can be used to accurately identify products around the world.
Separately track product authenticity
Each product can be recorded and tracked with a unique identifier. Consumers are able to read the history of each product they purchase.
Certify the origin to prevent counterfeiting
Legislative products can be stamped with a unique identifier on the blockchain. This provides consumers with a unique digital stamp that the product purchased was genuinely made by the owner and sold by an authorized retailer.
Improve customer interactions with secure verification
By being able to transparently review a product's legitimacy prior to purchase, it improves brand trust and reputation, leading to improved customer and sales engagement.
Online Product Verification
The Devery protocol enables e-commerce retailers to verify the authenticity of any product or service they sell online. Retailers can assign a unique ID signature to each product sold online through a third-party verification application built on top of the protocol. The retailer can then present the unique, one-time-use hash generated by that ID to any potential customer wishing to verify the authenticity of the product. Consumers then log into the app and enter a code marked on the product to identify its authenticity. In addition, the origin and production of the product can also be disclosed according to the brand's preference.
Digital Signature
The Devery protocol can be used to verify that digital goods and services are issued by legitimate sources. For example, digital certificates for online courses, colleges or universities. Certificates can be assigned a unique ID signature for verification by applications built on top of the Devery protocol. The recipient of the certificate and any potential employer who wants to check its legitimacy can verify the certificate through this app. Additionally, grades, behavior or other academic details about the recipient could also be stored on-chain.
Physical Signature
NFC and RFID chips, as well as barcodes and QR codes are compatible with the Devery protocol. The unique ID signature generated from the agreement can be stored into a physical token and affixed to the product. As a product moves through the supply chain, each party handling the product can verify its origin and update details (such as where the product moved through, when, and other conditions) through applications on the Devery protocol. Consumers can verify the movement of products through the supply chain by scanning hardware devices.