Review on Devery by Fanuel PORPORTY
DEVERY: This ecosystem can be compared to a WordPress for creating websites, but in the area of product traceability.
Devery is a new player in the fight against counterfeiting and product tracking. The goal of the project is to develop a monitoring and verification solution for the supply chain to purchase based on blockchain technology. This allows each product to be registered with a code, in an immutable way in the blockchain. It also allows products to be tracked throughout the supply chain to eliminate fraudulent goods and to ensure product provenance ...
In a few words, Devery helps ensure the authenticity and provenance of the goods from the beginning to the end of the product life cycle. From its conception to its marketing and purchase. Devery provides the equivalent of a digital passport (immutable on the blockchain) for products to allow their identification worldwide. Each product can be tracked using a unique identifier, so consumers can see the history of each product they buy.
Pros
- Companies will not have to suffer losses, such as counterfeits, and will be able to improve their reputation and notoriety thanks to this solution
- Consumers will be able to verify the provenance of each product and avoid counterfeiting
- What differentiates it from other players in the same sector is that the platform adapts to all existing traceability solutions, it is an ecosystem that allows players already established on the traceability market to switch to an even more secure solution and adaptable to all products thanks to the blockchain.
- Developers will be able to easily create their own tracking apps without requiring a full understanding of the blockchain ecosystem.
Cons
- none
