Why Tael (WABI) is booming? First, let’s understand how it works.

Supply chain is one of the industries where blockchain has the greatest potential to make a difference. Part of the reason is that the supply chain industry is a multi-party network of logistics, shipping, manufacturing, and retail businesses coordinating with one another to take a product from manufacture all the way through the supply chain to the consumer or end user.

Unfortunately, the multi-party nature of supply chain tends to result in quite a few inefficiencies and opportunities for fraud. Blockchain promises to function as a protocol that can offer a layer of interoperability across these disparate systems. Another benefit blockchain brings to the supply chain is increased data veracity and security. Since distributed ledger technologies are generally immutable and tamper-resistant, they can help reduce the occurrence of fraud and increase transparency across every point in the supply chain.

Techrock dedicated to solving the problem of counterfeit goods, the characteristics of integrity and strength are at the heart of what we do. The Chinese name ChengShi (橙石) translates to Orange Stone and is a homophone of the Chinese word 诚实 (Honest), relating to our philosophy of authenticity. The character 石 (Stone) is an object associated with reliability and quality. We have chosen the most understandable and memorable name among the options presented to our target demographic, we’re confident both Techrock and its Chinese counterpart ChengShi (橙石) will soon become household names. This name stood out from all other options tested with over 700 people in our target demographic. It scored top points on multiple levels, including comprehensibility, positive association, memorability, and more.

WaBi / Tael (ticker: WABI)
Tael, the loyalty token used as an incentive in the Techrock safe-product retail channel, owes its name to Chinese history. Over the course of two millennia, Tael (两, pronounced liǎng in Chinese) has been used as a unit of weight and a payment alternative for bartering. Its function as such resembles our own usage of Tael in the Techrock ecosystem and also highlights our unique position to attain a rate of adoption and usage not seen before in crypto. Purchases and natural actions, such as verifying the authenticity of the product, utilizing discount promotions in the Techrock eco-system, and using Tael for purchases at any store, seamlessly convert the consumer into an automatic Tael user. This is how Tael has the ability to, in time, become one of the most adopted crypto tokens. Rebranding is only a small step to get there, but a crucial one.

2019 is going to be a huge and exciting year for Tael & Techrock, and we’ll keep you up-to-date every step of the way! Great events coming up in summer 2019. We hope you’ll make plans to buy Tael WABI

Rakuten Blockchain Businesses Dev Confirms Tael (Wabi) Partnership

Rakuten, the leading Japanese e-commerce giant, has partnered with Techrock, blockchain-based supply chain and e-commerce company, in an initiative to bring verifiably authentic Japanese consumer goods to the Chinese market.

Rakuten will open exclusive ‘zones’ for products inside of Techrock’s retail channel, which would also enable the integration of ‘cross-ecosystem integration’ of the platforms’ loyalty points programs.

Together, Rakuten and Techrock are striving to further their collaboration on blockchain traceability and consumer insights with their partnership.

Stay tuned :
Tael (WABI) official site : https://taelpay.com/
Medium : https://medium.com/@Taelpay
Telegram : https://t.me/wabi_ico