Volum | B2B Beverage Platform

The ongoing decline in the crypto market has been continuing for a long time. The reason for this decline is that people deposit money into projects that they do not know in a way similar to the dot.com craze. People started to invest money by believing that each project will pay off in the rise of bitcoin and its derivatives. In the following periods, the future of this sector began to be discussed again as this wave of upswing allowed itself to fall. Many projects entering the market with quite fancy words have suffered great losses.

One of the most important issues to consider when investing in crypto money technologies is whether the project is really feasible. Nobody believes that the project will take place in many projects, including teams. The vast majority of the teams want to get enough share from this market and get out of the business. In the past, many projects that completed the sale of ico started to spend the funds collected from the users in the holiday places instead of advancing the water project. This has led to the decline in interest in the crypto market and people's skepticism on projects. Due to the smart contracts that are normally opened free of charge, the costs of the projects are almost negligible. In the past, the people we called the advisors only demanded a high amount of money due to the appearance of their names in the project.

What is Volum ?

The situation in the food and beverage sector is not different. Unlike what I say, this sector needs the blockchain sector. Blockchain technology is the most important tool for keeping the necessary records in the long process which continues until the production and bottling of any product. Volum is very necessary for determining the location of the product especially in the agreements made between countries. Any product is produced and passes through many stages until it comes to our table. Volum eliminates these stages and automates transactions with blockchain technology and provides great advantages to users and companies.

Advantages of Volum Project

Volum enables businesses to get rid of paper wastage and make large amounts of personnel savings. Businesses can order orders over the Volum system. These orders are recorded on smart contracts and in the event of any wrong or incomplete cases, the parties are entitled to claim rights.
In the period from bottling to sale of beverages, transaction costs increase considerably. Enterprises that can communicate with shipping companies via the apis can observe where their products are. In addition, the customer can keep the records of the past orders and the income and expense balances on the dashboard.
The biggest disadvantage of customs clearance is that the origin of the goods is not fully known. Many countries do not allow the introduction of unknown products into their countries. With the barcode technology developed by the volum system, traces of each product can be seen. This process can be recorded at every stage from farmers to the market.
The biggest problem of the drinks produced as a large portion of glass bottles is the deficiencies that occur during the transfer and depending on the seasonal conditions. With the volum insurance system, users can keep records of the goods they have and send these records to the insurance company via smart contracts. The number is entered into escrow contracts before the goods are loaded. In case of losses, beverage companies may collect these funds. Especially in expensive products such as aged wine or champagne, this situation offers great advantages to enterprises.

Working Principle of Volum System

1 profile service is provided to each user. Users can start their operations first by performing the kyc aml procedures. This system is necessary for the parties to know each other and to prevent scam operations.Users can view the details such as business information, tax, factory through this profile can enter the details of businesses. Escrow intelligent contracts are organized when the business orders products from any factory. These smart contracts prevent the mutual transfer of money until the goods reach the buyer. After the product reaches the buyer, it presses the confirmation button and the entire charge is transferred from the buyer's Volum account to the seller's Volum account.

Conclusion

The Volum system, which is specialized in many areas such as alcohol, energy sector and a strong company behind them, has very advantageous features. The mvp system of the platform, which is quite necessary and useful for keeping records of expensive drinks, will be available to the users at the end of this year.

Detail information about “VOLUM” Project:

WEBSITE : https://volum.io/
White Paper : https://volum.io/assets/images/volum-whitepaper.pdf
Twitter : https://twitter.com/IoVolum
Facebook : https://www.facebook.com/volumproject/
Telegram : https://t.me/volum_io
Reddit : https://www.reddit.com/user/Volumio

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