Simply Brand - combining AI, blockchain technology, to remove fake products in virtual trading - ICO Project

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Thursday, December 6, 2018

Simply Brand - combining AI, blockchain technology, to remove fake products in virtual trading

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The simply-brand platform is an inclusive system combining AI (artificial intelligence), block chain tech and crowd sourcing to remove counterfeit or fake products in virtual commerce. Simply Brand allows people and AI to contribute utilizing the exclusive features of block-chain tech to strengthen safety in internet purchases. Simply-Brand was co-founded by Ronnie Ng. and Kaufman Chang Both Ronnie and Kaufman are graduates of University of Chicago Booth School of Business. Ronnie is a capitalist who has also previously managed to advertise for valued organizations. He’s also a business development specialist. Kaufman is a startup capitalist with ventures in big data security software and cloud computing software.

More about Simply-Brand

Simply-Brand To authorize people and end counterfeiting on E-commerce field, they’ll involve everybody on the internet and unite the strength of AI and block chain to generate trust in internet shopping.

Simply-Brand Platform Ecosystem
Combining the potential of block chain tech, AI, and crowd sourcing to ending internet counterfeiting once and for all.

Machine Learning and AI Technology

With simply-Brand’s reputable machine learning and AI technology, the platform will efficiently get new information and verify fake product information, resulting in a more competent method to fight counterfeits online.

Technology of Block-chain

Leveraging the distributed and immutable features of block technology, simply Brand Platform will publish the blacklist on the block and efficiently decrease the acts of fake retailers by growing their rate of business and building new hurdles to their continued processes.

About Framework

Brands will apply the simply Brand to request brand security services. Individual Layer will straightly report counterfeit or bogus products or work with the AI to authenticate the legitimacy of E-commerce items. the individual layer would consist of crowd source contributors and third-person service sources who do the enforcement work. The Simply-Brand will combine human ingenuity, AI and block-chain tech which will be applied to develop an immutable “blacklist” of fake product. The SBA (Simply-Brand) tokens within the block tech will incentivize the human layer to use the simply Brand platform.
  • Identification
E-commerce ecosystems will be scanned continually for product information to generate an ever-expanding record with millions of item profiles.
  • Verification
The information will be analyzed using semantic analysis, Natural Language Processing, AI, picture recognition tech and Human layer to confirm whether a given item is real or counterfeit.
  • Enforcement
After an item is determined to be a bogus, Third person will be capable to access the product detail, eliminate offending item pages and report the position of their work to the platform and claim their prizes.

SBA (Simply-Brand )Token
The human layer will obtain SBA tokens as gifts and can either utilize them to buy brand privileged products on simply Brand or sell them on trading exchange. Brands can purchase tokens from asset exchange, and buy brand security services on the simply Brand platform.

Impact Calculator
The ecosystem of simply-Brand helps brands to gauge the possible loss of income on the online market. The ecosystem will work to offer clearness within e-commerce to let brands additional their understanding of the amount of counterfeiting and how to stop the issue.

CRD or Counterfeit Risk Detector
With the SRD, anybody can effortlessly submit an item URL and the Simply-Brand ecosystem will calculate the threat of it being counterfeit via a percentage rate.

Collaborate with fun and ease

Any person can turn out to be an anti-counterfeiting professional through the simply Brand D application by allowing you to participate in your preferred brand, earn SBA tokens and exclusive items. It is simple to sign up and begin your anti-counterfeiting voyage while earning tokens. Each and every brand will offer special services or products as prizes which can be exchanged for tokens in the D Application.

Basic Information about Token
  • Token ticker – SBA
  • Token name - Simply-Brand
  • Restriction - USA and China
  • Language - English
  • Cost - One SBA equal to 0.5 USD
  • Platform - ETH
  • Country - Cayman Islands
  • Prototype/MVP - Yes
  • White list and KYC - Yes
  • Soft Cap - $2,000,000 USD
  • Hard cap - $20,000,000 USD
Final verdicts

It's extremely difficult to overcome the movement of fake products. The top solution might be for every of us not to purchase their items even though they're inexpensive, we have to respect the legitimacy of a product. The presence of Simply-brand platform is a excellent thing for customers, producers and brands.

For more details about the Simply-Brand
Website: https://simplybrand.io/en/
Whitepaper: https://simplybrand.io/docs/simplyBrand_Whitepaper_EN_V3.02_20181108.pdf
Telegram: https://t.me/simplybrand
Twitter: https://twitter.com/simplyBrand_io
Facebook: https://www.facebook.com/simplybrand
Medium: https://medium.com/simplybrand

Username : Ozie94
ETH : 0xDa2F65ea0ED1948576694e44b54637ebeCA22576

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