Photo by on This post was sponsored by an affiliate of Cartel, Graeme Nicholl Unsplash Did you know that trillions of our hard earned dollars are wasted every year paying retail? You pay a price 10x higher than the manufacturing cost. Your money is eaten by the middlemen (Distributors, Wholesalers, and retailers). Can we make products cheaper by eliminating the middlemen? Cartel connects buyers around the world with the manufacturer. Manufacturers can list their products in Cartel. Once they find enough buyers for the product. collectively pools individual orders into one large wholesale quantity price. The manufacturer is then requested to build the product in bulk. Once the manufacturer ships the product, he gets paid. This would eliminate the middleman. Cartel Cartel This innovation reduces shipping costs. Hence contributes to making the world a better place by drastically reducing CO2 emissions. gives protection to buyers using smart contracts. This feature eliminates fraud. The cost adds to the transaction is as less as 3%. A range rover which costs around $150,000 would only cost around $80,000 on . They would disrupt the retail industry by reducing the product prices drastically. They are now open for an . Cartel Cartel Cartel early bird ICO registration Credits : xkcd Mark is a sports writer. His new employer pays him in Dash. He is a non-techie. He somehow managed to create a crypto wallet and received his first payment. But, he is worried about its security since his friend’s wallet was recently hacked. What can he do? Giza wants to solve Mark’s problem. They provide an easy to use secure hardware wallet which supports currencies like Bitcoin, Ethereum, Bitcoin Cash, DASH, Litecoin, Ripple, Stratis, Zcash, etc. Giza You can even use the wallet on a compromised computer. This is because you need to physically confirm the transaction on the wallet’s screen. A hacker who works remotely wouldn’t be able to withdraw from your wallet. Giza device is not just a secure hardware wallet. It also has a password manager and a secure digital storage of 16GB. DDOS attacks are carried out by flooding the bandwidth of a target system. Even an unskilled hacker can easily launch a DDOS attack. Though there are several services which filter out such requests, it remains inefficient. Gladius Miners earn bitcoins for renting their computers. Likewise, people can rent their computers to . Those who rent their computing power are compensated in coins. Now, the requests are distributed to the decentralised system of computers around the world. They would filter the good request form the bad. This increases efficiency by drastically reducing cost. Gladius Gladius Credits : xkcd Native video advertising is effective. But, launching a large-scale ad campaign is time-consuming. Since the process requires negotiating with relevant bloggers. Monitoring if the requirements are met is a lot of manual work. It’s almost impossible to verify. AdHive is based on Ethereum smart contracts. Advertisers can configure the campaign and reserve the budget by buying ADH tokens. AdHive’s AI takes the heavy lifting. It sends the campaign to relevant influencers. Once the ad is placed, AdHive’s AI will keep a tab on the content to check if ad requirements are met. If the requirements are met, then the influencers are paid in ADH tokens. AdHive John is a computer scientist. He writes two books every year. He cannot focus on writing and marketing. Hence he has partnered with a publisher (middleman) to market and distribute his books. The publisher takes a huge chunk of his revenue. Gilgamesh The basic problem which blockchain solves is eliminating the middleman. is a blockchain platform which eliminates the middleman and connects readers, writers, service providers and critics directly. Once the author publishes his book, the critics review to receive Gilgamesh coins. Gilgamesh Readers who follow critics would buy the book directly from the author. Service providers can use API’s to build services that could benefit readers, authors or critics. They get paid in tokens when someone uses their service. Since the platform is decentralised, the infrastructure cost will be minimal. medium.com How to Validate If Your Ideas Need a Blockchain 👏 , 😊. Claps Please Thank You Follow us, HackerNoon and me ( Febin John James ) for more stories. I would like to introduce you to two amazing services. Earn pays you bitcoin for reading emails. Mentorbox summarises popular books and provides actionable insights.
