Domino Effect The success of the Authoreon ICO
In the world of Blockchain technology, of course we are familiar with the crowfunding technique called ICO (Initial Coin Offering) or IEO (Initial Exchange Offering). Both ICO and IEO certainly have the same goal, even though they are run with different techniques. Where ICO is token sales made by the platform directly, while IEO is a token sale technique using the stock exchange media. All proceeds from the sale of this token will be used to fund the platform development process. One example is Authoreon, where he was very successful in holding an ICO precisely in 2017.
There are several things that cause a platform to achieve success in the fundraising process. The main thing that buyers see is a picture of the future of the platform and whether it has long-term benefits. And how unique and characteristic the platform is. This is certainly very evident from Authoreon, which is a platform that can detect the authenticity of goods, supply chains and ownership chains of goods. This is also supported by the work principle of Authoreon which is divided into 4 types, namely authorization, authentication, verification and certification. These four principles do not only function as Authoreon’s symbols or slogans. Rather it is the work ethic of the founder and all the scientists who are members of his development project.
Two years passed after his success in holding crowfunding. Now we can see how Authoreon manages its financial management very well and strategically. Of course this is done by channeling the sales funds to design systems and integrate various technology components that are considered quality. It was proven in 2019 that he succeeded in releasing the Authoreon application that can be covered on all types of smartphones, especially those that have Android and IOS operating systems. Of course this can be called the main step of Authoreon to expand its market share worldwide. It should also be noted that at this time he is also releasing technology components that are used to facilitate the authorization and identification of goods. These technological components include the A-ID code that is inputted on each item and Nanolense hardware that is inputted on the smartphone. Although the identification process uses a variety of hardware and software, this does not reduce Authoreon’s speed or scalability in doing its work.
As lay people we only understand that the use of Authoreon is very simple. But did you know that there is a series of identification processes carried out with specialized management. The main step taken is to require manufacturers to fill in the required amount of personal data. This is very important because Authoreon is a platform engaged in the field of security and protection of goods. Therefore the producer data is very important to prove whether he is a law abiding person. Therefore it is also natural if this process is carried out at an early stage. Furthermore, code A — ID will be inputted on all items to be distributed.
When goods are distributed, Authoreon also never stops to protect the goods. Where the manufacturer can see the location where the goods are located. This service is certainly very merciful to protect goods from smuggling, counterfeiting and even theft. All of these items will certainly be distributed to all stores that have pocketed permission from the manufacturer. In the last phase these items will reach consumers for verification using a special application from Auhoreon.
The decentralized system integrated by Authoreon can certainly provide the fastest service access in the goods authorization process. As we know that at this time Blockchain technology has been collaborated to facilitate the operation of IOT (Internet of Things) technology. Therefore it will be very easy if this technology only provides access to services on the Authoreon operating system that does not use the technology. Just imagine it can display the movement of goods that have been distributed worldwide. In addition there is also encryption technology that can maintain data security, both when transmitted or when not transmitted.
All services provided by Authoreon for the merchandise protection system can, of course, be selected according to the needs of each producer. Currently, you can order Authoreon Nanolense on the official website of Authoreon for $ 24.99. Where the components of this technology in the form of hardware that is mounted on the back of the smartphone. Later this technology component will relate directly to the application to scan A-ID optical labels. From all the above comments, we can conclude that providing reliable security facilities requires a number of lengthy processes and involves various appropriate technology components.
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