Whitepaper

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Background

• Imports of counterfeit and pirated goods amount to approximately half a trillion dollars a year or around 2.5% of global imports

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• It is difficult to track products that move through the complex trade routes where free trade zones exist or there is weak governance

• Counterfeit products are designed to mislead and deceive, and as a result consumers are unable to distinguish between real and fake products

 

Market Players

• The Seller

  • Counterfeits abuse the brand name and intellectual property of other sellers, which hurts the overall reputation and profitability of a business

• The purchaser

  • The purchaser is deceived into purchasing fake products that do not serve the expected purpose and/or may contain harmful side-effects

• The mediator

  • The mediator often takes the form of law enforcement seeking to seize and prevent counterfeit goods

 

Devery Protocol and Ecosystem

• Decentralized protocol layer

  • Protocol layer consists of 3 main data structures that interact via the Ethereum mapping method

    • Allows application to collect fees from the users of third party verification applications built on the protocol

    • Brands input their public key address to specify their corresponding brand name

    • Products store the associated brand account as well as product information

    • The Devery trust contract allows ETH Addresses to vouch for other addresses

• Devery Toolset

  • Open source frameworks will be provided to developers to ensure the developer experience is user friendly

• Decentralized Application layer

  • Will enable commercial applications to build and charge for services whilst using the Devery protocol

• Entry Verification Engine

  • EVE is used to fuel the verification process

  • BTTS allows users to send EVE tokens without required ETH as a gas cost

 

Use Cases

• Online Product Verification

  • The devery protocol enables e-commerce retailers to verify the authenticity of any products or services they sell online

  • Consumers then log onto the application and input the code marked on the product in order to identify its authenticity

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• Digital Signing

  • The protocol can be used to verify that digital goods and services are issued from a legitimate source

  • Such as an online degree that employers can go and verify as legitimate sources

• Physical Signing

  • NFC, RFID, Barcodes, and QR codes are compatible with the Devery Protocol

 

Token Sale

• Needed 10 Million dollars in order to make the project work

 

Roadmap

 

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Team

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Andrew Rasheed – Founder & CEO

• Web Developer at Macquarie University – 1 year 6 months

  • Working with a team of higher education professionals

• Administrative Officer at Anglicare NSW South- 7 months

  • Organizing and planning space for use in data sorting

• Fundraising Consultant for 2Evolve – 9 months

  • Communicating and contacting possible fundraising contributors

• Bachelor’s in Computer Science – 4.0 GPA

• Diploma in Business Administration and Management

 

Chironjit Das – Finance & Operations

• Product & Marketing Manager at Tesco Stores – 4 years 3 months

  • Promoted to manage the product portfolio for Tesco’s co-branded financial services in Tesco.

• Master of Banking and Finance

• Chartered Management Accountant

 

Victor Ribeiro da Silva Eloy – Senior Software Engineer

• Java Hybris Tech Lead at Landmark Group – Current

  • Develop and integrate new features to the Hybris Platform.

• Hybris Architect for FH Consultoria – 1 year 2 months

  • Develop and integrate new features to the Hybris Platform.

• SAP BI Consultant for Esfera Informatica – 1 year 2 months

  • Development and business modeling for Data Warehouses

• Hybris Consultant for Pragiti – 10 Months

  • Develop and integrate new features to the Hybris Platform.

• Web Developer for Positivo Informatica – 3 years 1 month

• Intern for HSBC Global Technology Brazil – 5 months

  • Worked with the development and maintenance of web applications for HSBC, using Java Enterprise Edition technologies with IBM environment.

• Bachelors in Information Technology

• Masters in Business Intelligence

• Several Hybris Certifications

• Winner of the 2012 Programing Hackaton at Universidade Positivo (not a top school)

 

Vaibhav Namburi – Senior Software Engineer

• Director at Five2One – Current

  • We work with amazing clients, ranging from funded start ups to large tech companies, and build beautiful products with some of the best engineering principles.

• Technical Advisor to GECKO Governance – Current

  • I'm assisting Gecko Governance take over one of the most untapped markets in the blockchain and crypto space - governance.

• Advisor to BlockToken.ai – Current

  • BlockToken.ai is a next-generation token issuance, funding, distribution and exchange platform.

• Advisory CTO at UniversalCoin – Current

  • Helping UNV with their technical direction and business protocol

• Instructor at Udemy – Current

  • I'm creating an easy to learn and detailed course to the world's most lucrative and in demand front end architecture - React JS.

• Industry Mentor at Coder Academy – 1 year 3 months

• Cloud Partner for DigitalOCean – 11 months

  • As part of Digital Oceans partnership plan, I am working in tandem with them on a few courses on Udemy and other content driven platforms where education is the core focus.

• Guest Lecturer at UNSW – 5 months

  • Lecture 2nd and 3rd-year students on modern software technologies used professionally at scale in Five2One.

• Advisor to Qnect – 1 year 1 month

  • Instantiate technological shifts to introduce modern, stable programming stacks that fit company's rapid growth such as React Native

• Head Lecturer at Coder Factory – 1 year 1 month

  • Take the role as Head Lecturer (part time course) and mentor (full time students) for this amazing bootcamp.

• Project lead and head of tech for Station five – 6 months

  • Build strong relationships with clients, take charge of company growth and strategy

• Software Engineer for Terem Technologies – 3 months

  • Terem is a software consultance based in Martin's place working with industrial leaders as well as creating highly technical and AI driven products

• Senior Software Engineer Contract for William Hill – 11 months

  • William Hill is relaunching their entire Australian domain in React and Redux and i'm helping them do so in a clean, fast and maintainable way.

• Software Engineer for Learnosity – 3 months

  • Full Stack Software Engineer working on a product reaching a global audience delivering anywhere between 90 - 260 million online assessments a month.

• Technical Account Manager and Engineering Contract for Michelin – 1 year

  • Effectively performing client management

  • Project Leader in the creation and construction of a specific oil storage facility area

• Engineering Consultant for Transport Sydney Trains – 4 months

  • The project included the redesign of a damper bracket on long range trains which experienced rough rail works in secluded areas.

• Bachelors in Engineering

• Cambridge International School Highest Mathematics Score

 

Spencer Dezart-Smith – Software Developer

• Software Engineer for Five2One – Current

• Assistant General Manager at Ne Timeas Restaurant Group – 2 years 7 months

• Education from Learners Guild and Dev Bootcamp

 

10 TEAM MEMBERS

 

5 ADVISORS

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Partners & Backers

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United Nations

• https://medium.com/devery-io/devery-united-nations-world-food-programme-use-blockchain-to-ensure-the-safe-delivery-of-food-to-acd6a5037123?source=collection_home---4------4----------------

 

JD.com Blockchain accelerator

• https://medium.com/devery-io/devery-selected-as-the-part-of-the-inaugural-jd-com-blockchain-accelerator-d4a7b44f4b1f?source=collection_home---4------6----------------

 

Nuls

• https://medium.com/devery-io/nuls-and-devery-sign-a-strategic-partnership-in-february-2018-a88243c354a2?source=collection_home---4------7----------------

 

Articles

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https://medium.com/devery-io

 

Videos

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https://www.youtube.com/watch?v=GoLIwe9q_74

Devery

 

CoinCheckUp  

 

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Conclusion

I would give Devery a C- rating. The Devery platform allows suppliers and consumers to prove the authenticity of their products online before purchase, essentially removing the need for ‘trust’ in e-commerce. It aims to protect brands and consumers from counterfeiting using blockchain powered product verification by providing unique, verifiable identifiers to each product throughout the supply chain. I think the only thing that Devery has going for it is the JD.com accelerator. Other then that the team is not that great, their idea is not as great as Vechain and Walton. I think they have a lot to prove before this project can say it has an value behind it.