Aclyd: Providing Fair Management To The Alcoholic Usageoverview: [Essay Example], 582 words GradesFixer
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Aclyd: Providing Fair Management to the Alcoholic Usageoverview

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Till today, the alcoholic Industry stands as one of the Industry that grows with little or no challenges throughout the world. The rate at which people consume alcohol shows that the Industry is already a success. For example, a notable research as shown that an average person consume about 14-17 litres in a year, compared to about 6 billion people in the world. However, there remain an issue in the industry and this as to do with the inability of the of the sellers to decode whether a customer is till a child or adult. As a result of this, most sellers often follow their natural intuition which might be wrong in many cases. Moreover, it is illegal for a child to take in an acholic according to our government rules and regulations for the citizens. Due to this fact, there has to be a way to sort out the age verification issue. Therefore, Aclyd.with her marvelous team has emerged to address the issue through the utilization of the block chain functionalities.

THE CONCEPT OF ACLYD

Aclyd is a platform that is based on a ledger-operations in order to successfully verify the age of any user that buy any alcohol products. This platform has made it sure that through the use of KYC all customer’s age will be verified and after the verification, they won’t need to go through another verification process again when trying to buy or sell alcohol products in the future.

THE SOLUTIONS PROVIDED BY ACLYD

This platform will provide an app that will enable KYC operations for the customers who chose to buy or sell alcohol through Aclyd.platform. After the KYC verification, the user will then be enabled to perform normal transactions of buying and selling of alcohol products without revealing their real age. Furthermore, Aclyd will secure the user’s data in the de-centralized storage so as to keep it off from the hackers and thieves. This will make the user to be at peace because their data are safe from all insecurities. Therefore, users can purchase products without having their age declared to the third party. Additionally, the sellers will have the opportunity to list their products as a vendor, after they get their products on farms. They can easily list their products on Aclyd.website after they have paid the required fee for listing which must be at the price listed in the current market value. After each users have created a contract, theirs products will then be lived on Aclyd.website so that it will be accessed in the vendor’s shop that resides in the Aclyd.platform. As a result of this, the buyers will be able to purchase their desired goods from the sellers store after completing the process of KYC age verification to be qualified to purchase such products. Once certified, the transactions will then be enabled so that the buyers can access their bought products. This platform was crafted to handle protection and honesty of buyers-and-sellers. The verification_process is what makes this system amazing, as you will be able to verify-your-details without revealing your true age.

This feature is one of the best features that make this platform a distinct one. This because the necessary equipments has been provided for the vendors to make deliveries for the customers with making a mistake of delivering acholic products to a kid or an under-age. The wallets also provide absolute security for the user’s funds and this is achieved by double layer of protection and give users a distinct experience using the app.

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Aclyd: Providing Fair Management To The Alcoholic Usageoverview. (2019, August 08). GradesFixer. Retrieved October 29, 2020, from https://gradesfixer.com/free-essay-examples/aclyd-providing-fair-management-to-the-alcoholic-usageoverview/
“Aclyd: Providing Fair Management To The Alcoholic Usageoverview.” GradesFixer, 08 Aug. 2019, gradesfixer.com/free-essay-examples/aclyd-providing-fair-management-to-the-alcoholic-usageoverview/
Aclyd: Providing Fair Management To The Alcoholic Usageoverview. [online]. Available at: <https://gradesfixer.com/free-essay-examples/aclyd-providing-fair-management-to-the-alcoholic-usageoverview/> [Accessed 29 Oct. 2020].
Aclyd: Providing Fair Management To The Alcoholic Usageoverview [Internet]. GradesFixer. 2019 Aug 08 [cited 2020 Oct 29]. Available from: https://gradesfixer.com/free-essay-examples/aclyd-providing-fair-management-to-the-alcoholic-usageoverview/
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