INS - Grocery Shopping Blockchained

in #ico6 years ago

There has been a lot of improvements in many fields of science and Engineering, but there has been not much of an advancement in things that we use daily, such as going shopping for groceries. While the others fields have grown by leaps and bounds, the only advancement in the perishable goods field was the ability to store and preserve them for longer than what was possible before.

This was pioneered by the introduction of Air Conditioning and Cold Storage devices. This was just the effect of advancement in some other field getting reflected here. We still are going about the method of distribution and sales of perishable goods the same way we used to do it few centuries ago.

The Producer grow the goods and sells it to the distributor or nearby shops for a certain price. They then either transport the goods to a nearby market or just sell them at their shops for a much higher rate than what they got it for. This means that we get to purchase it, we get to at a much higher price than what it was supposed to be. This and the fact that it takes time to transport or atleast a day or two and the produce is not as fresh as it originally was.

If we wanted fresh produce we had to either grow it ourselves, which was basically impossible if one resided in cities or if you don't have enough real estate to support it or pay extra for getting it.

There is also the fact that the farmers and producers of such goods don't always get what they are supposed to get. This has led to a lot of people not preferring to become one for the same reason. There have been lot of cases where the producer groups have protested and a lot of cases where many have ended their lives due to the fact that they were unable to pay back their loans that they had taken to grow produce or not being able to support themselves and their family.

People think of IT and Software jobs to be some sort of a status symbol while something that helps feed the world's population is considered to be a lowly job. This has become the mindset of a lot of people, making them view Farming as something that only the poor or if one has nothing else to do. Just think of the situation where everyone in the farming field left their jobs and started doing some other profession. We would face a lot of food shortages and then we might realise the importance and take pride in doing it.

INS Platform

They plan on solving the above mentioned problems by implementing the Blockchain to create a platform which supports this community. It allows the users to be able access high quality produce at a much lower price since it eliminates the presence of middlemen in the system. This means that there is lesser transportation time and much fresher goods being delivered to the users. The elimination of transportation services itself drastically reduces the end price of the produce. The also get the choice of much more varied suppliers than what was available before.

It also helped solve the woes of the producers and manufacturers face. Due to the system being decentralised, it means that they get to decide on the pricing and not some middleman who varies it according to their interests for much higher profits. The platform being transparent means that they can get the data that they want easily so that they can provide personalised marketing and promotional materials, which was basically not possible before. This also allowed them to get feedback on the services that they provided along with others being able to view the ratings. All this helps form good relationship with the community and the members.

Team

They have got a really diverse team with lot of members for various fields. The Founders and rest of the team has adequate experience in Retail, Finance, Blockchain, HR, Community Management and Business Development respectively. The advisory board consists of renowned and experienced ICO Analysts, Strategists, Innovators, Investors, Entrepreneurs who also bring along their expertise in fields of Retail, Business Development, Blockchain, Investments, Product Development, Community Development and Finance.

They have completed their ICO successfully and kept up with their roadmap, updating the community on their progress regularly on social media and forums.

They have kept up on their promise and have released their INS Wallet for powering their platform and have formed a lot of partnerships with various different distributors, agencies, manufacturers, companies and producers. They have successfully developed and released their platform for public use.

Conclusion

They are aware of the fact that they are going against the largest eCommerce and delivery companies in providing what they aim to provide and they are striving hard to make that viable and not just another gimmick to raise funding.

They have kept up to their promise and are working on developing the APIs and Testnet in order to further complete the existing infrastructure. This is a lot of work and they seem to be taking this one step at a time, ironing out all the bugs and flaws in their products and then focusing on the next. With them having had a successful ICO funding, they've got the resources in the financial side.

To their credit, even though the Platform is yet to be completed, they've already been able to list their Token on various Exchanges such as Binance, Kucoin and many others. They've also made partnerships and deals with a lot of delivery, production and manufacturing companies to have their inventories ready so that it is available for immediate rollout.

They've proven that the the Team and Project can be trusted and that their product has enough viability and garnered enough attention from the outside world. It has the interest of various investors and VCs.

They are not just bringing a better quality and prices of Grocery and Non-Grocery items such as clothing, household goods and so on, but also a better platform and infrastructure for the producers, warehouses, logistics and various other agencies, allowing them to gain better profits for the service that they provide.

This is a win-win for both sides and there is good chance that INS Platform could soon be the next big thing that has happened to eCommerce and Blockchain fields. I would like to point out that INS Ecosystem is here to stay and for a long time if they stick to delivering on their promise.

Website - https://ins.world/

Whitepaper - https://ins.world/INS-ICO-Whitepaper.pdf

ANN - https://bitcointalk.org/index.php?topic=2208591.0

Telegram - https://t.me/ins_ecosystem

Published by - jessicalaurenbt

Profile - https://bitcointalk.org/index.php?action=profile;u=1936052

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