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Devery – a decentralized verification platform

Devery.io is developing the Devery Protocol, a decentralized verification platform that enables marking and tracking over the Ethereum network. The protocol allows manufacturers, brands, retailers and any other party to assign unique signatures to any products, services or digital goods sold, issued and traded online. The unique signatures are stored on the Ethereum network and can be queried to determine contextual data (including location, date, manufacturer/point-of-origin and the identification of the verifying party). Verification is not limited to the sale of physical goods and services, and can be extended to verifying the authenticity and legitimacy of any digital goods and services (such as certificates and courses).
The protocol is the base layer of the Devery ecosystem. It can be used to build application level verification services and can be integrated with any existing e-commerce stores, applications or services. This fosters a competitive market of third-party verification services for specialty commercial markets, such as the clothing and apparel industry, technology, food markets, raw materials, education and other digitally sold goods and services. An operational token, the Entry Verification Engine (EVE), is the engine that powers the protocol. The EVE token is required to generate unique signatures and contextual data on the protocol. Any application that builds on top of the Devery protocol requires the user to spend EVE tokens, which are received by the owner of the application as a fee for their verification services.

Devery Protocol and Ecosystem

The underlying Devery Protocol will enable developers to easily create verification applications without a thorough understanding of the blockchain. The Devery Protocol will abstract the complexities of interacting with smart contracts by deploying pre-developed smart contracts for an improved developer experience. The end result is
an ecosystem of verification applications that communicate and interact with each other through the Devery Protocol.

Entry Verification Engine (EVE)

EVE is used to fuel the verification process. Applications will recieve EVE token as payment for hosting verification applications on the Devery protocol. Consumers using these applications will require EVE to mark on the blockchain, this EVE is then transferred to the application host as payment for hosting the applications via the protocol.
’Bokky’s Token Teleportation Service’ (BTTS), allows users to send EVE tokens without required Ethereum as a gas cost. Users can send message to third-party services to process their transactions and pay the gas cost on their behalf. In return, the user pays the service provider a percentage of EVE tokens. This provides a practical means of
using the Devery protocol without requiring retailers and others users to hold EVE and Ethereum.

Online Product Verification

The Devery Protocol enables e-commerce retailers to verify the authenticity of any products or services they sell online. Retailers can assign unique ID signatures to each product sold online with a third-party verification application built on top of the Protocol. The retailer can then display unique one-time-use hashes generated from this ID to any potential customers that wish to verify the authenticity of a product. Consumers then log onto the application and input the code marked on the product in order to identify its authenticity. As well as this, origins and manufacturing can be disclosed dependent on the brand’s preference.

Token Sale

They will be selling 60,000,000 EVE tokens (out of a total of 100,000,000) for a raise of $10,000,000 USD. The pre-sale commences on the 14th of December and it will require a 20 Ethereum minimum contribution. The presale provides a 5% bonus. The crowd-sale will commence on the 12th of January 2018, and will end either when the cap is reached or on 10 February 2018. All tokens will be distributed 1 week after the conclusion of the sale. Any unsold tokens will be burned.

 

If you want more information, visit the WEBSITE and read the WHITEPAPER.

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