The Aclyd Project’s ERC20 Token Code Released Post-Audit

The Aclyd Project
Sep 5, 2018 · 2 min read

Ethereum ERC20 code has come under heavy scrutiny lately and The Aclyd Project has taken additional steps to ensure that their token has been reviewed, audited, and optimized prior to its official release, partnering with the auditing unit of the Plaak Exchange to insure the viability of its token.

The Aclyd Project is a Blockchain based payment processing platform and ID verification/security system initially focused on the $26 Billion wholesale alcoholic beverages market.

The goal of this project is to utilize its token within the wholesale market to speed up processing times between retailers, wholesalers, and other supply chain partners, which now face delays of 30 days or more, in additional to significantly higher process costs associated with using checks and financial intermediaries for cross border transactions.

“Today I transferred 160 Million tokens to our Contribution Wallet.

It took seconds.

It cost $0.06 cents.

And that transaction’s date and time stamp is visible to the public. This project has the great fortune of being based upon an operating business which at this moment, I am still waiting on payment for product that was sold — COD — over 2 weeks ago to a group of participating retail stores. Additionally, countless hours are spent visiting retailers to get updates on inventory levels, which once those transaction are placed on the Blockchain, can become manageable at a fraction of the costs; moreover, the technology can be combined with the KYC/AML functions of our digital wallet to open this market for the easy expansion into home delivery, which is the future of the industry. I am so grateful to the Plaak Ltd for their work on securing this code,” Says CEO of The Aclyd Project, Jessica Contreras.

For the sake of transparency and security, we are publishing our official smart contract address: 0x34b4af7c75342f01c072fa780443575be5e20df1

Feel free to reach out through our different channels below in case you have any comments or questions.


Aclyd

The Aclyd Project

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The Aclyd Project: payment processing, identity verification, and alternative asset issuance (SBO).

Aclyd

Aclyd

THE ACLYD PROJECT: A Blockchain Based Identity Verification/Security System & Payment-Processing Platform.

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