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Bangladesh
1 Level
1075 Review
2891.25 Karma

Review on Tael by Robiul Islam

Revainrating 3 out of 5

A Digital Token Backed By Safe Products.

What Problem does they try to solve?
The basic idea behind it is simple and offers absolutely nothing innovative. But considering the market size for blockchain based supply chain solutions, this is not an important issue in this regard. The platform allows items to be tracked using the network. This enables manufacturers to follow all their products across the supply chain and simply store data in a secure and irreversible way. This process helps consumers know that the product they are buying is not authentic and handed over.
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Tael Team.
This team has all the critical field experience that is needed to make their concept successful, only the developer team is lacking experience in other areas based on the information available.
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The project may not have the potential to be as big as the other projects in the space, but that doesn't mean it's not a great investment opportunity. It is still set up for a strong run in the market and provides a promising long-term investment opportunity.

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Pros
  • Tokens provide an incentive for both brands and consumers to use the Tael Network. As consumers scan and receive rewards, brands earn consumer trust.
  • They have extremely comprehensive roadmap for both past and future milestones.
  • They allow brands and businesses to get started easily. Featured on the BBC, Reuters and CNET.
  • Product technology is already available. The real world usage is already there.
  • The Advisory Board is extremely experienced with the Needs of Asian Market.
Cons
  • My concern is that the technology that Tael is developing is contemptible to the technologies that Walton currently developing.