Topic: [RECEIPTCHAIN] The Chain of Ownership - Full Ethereum NFT Market and Wallet App - page 2. (Read 576 times)

THE HIDDEN DANGERS OF RECEIPT PAPER
Reproductive disorders, infertility, puberty disruption, erectile dysfunction, suppression of sexual desire, heart disease, angina, heart attack, hypertension, peripheral artery disease, arrhythmias, atherosclerosis, asthma, high blood pressure, reduced brain connections, insulin resistance, type 2 diabetes, obesity, fetal damage leading to behavior problems, estrogen regulation abnormalities, ADHD; breast, prostate, and other cancers — are all problems associated with the chemicals used in paper receipts.

Almost all modern Point of Sale receipts are printed using an inkless process with chemically treated paper. That paper is usually doused in plastics scientists now believe may be harmful to human health.

Not just humans, these plastics affect animal health as well and in similar ways. Since most animals are smaller than humans, the effect can be even greater. Waste water deposited into oceans, rivers, and lakes brings these chemicals to even the smallest creatures.

ReceiptCoin aims to eliminate the paper receipt once and for all. ReceiptCoin makes the receipt completely digital, traceable, verifiable. A modern receipt for a greener world.

References:
http://www.takepart.com/article/2014/10/28/haiken-another-reason-go-paperless-every-receipt-you-touch-toxic
https://www.medicalnewstoday.com/articles/221205.php#possible_health_hazards_of_BPA
http://www.newsweek.com/2015/03/13/bpa-fine-if-you-ignore-most-studies-about-it-311203.html
https://www.conssci.umn.edu/sites/consbio.umn.edu/files/flint_et_al_2012_bpa.pdf
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4674185/

REDUCE
Logistics throughout the supply chain are today woefully inefficient. ReceiptCoin replaces Enterprise Resource Planning, Warehouse Management Planning, and Manufacturing Execution Systems with one inventory system. A system that tracks goods from inception to end of lifespan nearly effortlessly. A system that will reduce waste and inefficiency using the power of the blockchain.

REUSE
Once a product is sold to a consumer, ReceiptCoin continues to track it using the power of the blockchain. Soon, ReceiptCoin intends to implement a Letgo / OfferUp style marketplace as a demonstration of this capability. ReceiptCoin will be able to verify and track previously owned goods with exceptional accuracy and efficiency.

RECYCLE
Once goods end their lifespan, they can be recycled — if they can be located and sorted. The promise of ReceiptCoin is to have already located and sorted items ready to be recycled. Using the transparency of the blockchain, ReceiptCoin has the power to transform recycling into the norm, rather than the exception.

THE THIRD INDUSTRIAL REVOLUTION

“[Economist Jeremy] Rifkin’s vision is already gaining traction in the international community. The European Parliament has issued a formal declaration calling for its implementation, and other nations in Asia, Africa, and the Americas are quickly preparing their own initiative for transitioning into this new economic paradigm.”
 — https://www.foet.org/books/the-third-industrial-revolution/
Economist Jeremy Rifkin, favorite of Chinese Premier Li Keqiang, posits a Third Industrial Revolution. Rifkin’s Third Industrial Revolution happens when modern data meets energy efficiency. The Internet of Things, and the data they generate, will enable huge energy savings, boosting productivity exponentially, completely transforming the way our world works.
“Then, if what we do produce is shared: Share the cars; Share the homes; Share the toys. We’re distributing a circular economy over and over. Nothing needs to go to the landfill. Every resource is always there for us.”
 — Jeremy Rifkin

ReceiptCoin is a key component of Rifkin’s Third Industrial Revolution. ReceiptCoin interfaces with the Internet of Things, exponentially increasing energy efficiency, helping preserve the natural environment. Both ReceiptCoin and the Third Industrial Revolution are about eliminating waste and improving efficiency. ReceiptCoin is a part of Rifkin’s future and all our futures.

“Your generation is moving from ownership to access, from markets to networks, from consumerism to sustainability, from market capital to social capital…it’s a revolution.”
 — Jeremy Rifkin

why dont u try to organize a better ANN Thread with images and may be a video and more info about your project.

The idea of your project is very good but things doesnt work in bitcointalk like that if you want to gain more followers and investors.

And I recommend also a bounty campaign ...

Receipt Coin is a practical concept. It is the need of an hour. Just when managing data and tracking ownership/possession goes wrong and gets messy and disorganized, Receipt Coin will come into play big time. This coin screams high usability and value.

Thanks faithclin, we're going to make it really easy and automatic with your phone!

I really I'm awful in keeping records and receipts for my stores. This is really an awesome project trying to fix that. Good job devs.

Those awful sheets of paper that clog up your pockets and end up all over everything. How can we stop this tyranny? Are we slaves to this paper. Must we file it and transport it all over the world? Millions are trees and millions of gallons of oil are turned into receipts so that we ultimately throw them in the garbage. Wouldn’t it be amazing if all our digital filing was done for us and all those precious trees saved at the same time? On top of that if we can better track where our objects are we can make better use of our resources and waste less. These are reasons for product tracking, ownership tracking, on ReceiptChain.


ReceiptChain is an enhanced digital receipt injected into the BlockChain that only the current owner can edit. ReceiptChain is a Smart Contract standard much like the ERC20 token. It is the REC10. Using IPFS, state channels, and side chains we can implement images, document proof hashes, any supplementary data to define the identity of an item or purchase. The difference with ReceiptChain is that we are creating a public standard and scalable receipt standard.

The other main consideration of is the ReceiptChain app where consumers will be able interact with the blockchain directly bringing the blockchain to the people. Anyone should be able to create Receipts for their goods. Anyone should be able to track, trade, and verify their goods again and again like craigslist for non-fungible goods. This is the purpose of the ReceiptCoin token to help end users add digital records to the block chain to encourage the re-use and tracking of the products we already have. This will create more efficient use of resources and less waste on our planet.

The primary product is the ReceiptChain application. ReceiptChain is an application to create and manage digital assets. This will create a global asset tracking system as well as a new category of property. Competitors we will disrupt are Amazon, Ebay, Craigslist, OfferUp and LetGo. While these companies provide sale, they do not provide inventory services or ownership tracking. This new service provides customers with a way to inventory, catalog for insurance, catalog for accounting, find, share, auction, authenticate, and re-sell goods. This product is marketed to everyone.

The revenue model for the application is fee based. Most services in the application are free but blockchain interaction requires a fee. For example changing ownership costs around $0.10. This cost may also be covered by a ReceiptCoin token.

There are other logistics tracking companies on the Blockchain. Walton Chain and VeChain both track logistics for companies internally. Neither of these companies uses a public blockchain or provides interoperability or universality of goods tracking. They also have the problem of insecure blockchains. A private blockchain may be more easily counterfeit than a public blockchain. ReceiptChain data is verified by a network of thousands of computers all sharing an identical copy of the Ethereum blockchain. That copy would have to change on every computer in order change past data. The Ethereum blockchain has only been rolled back once and this event was very public and disputed. A private blockchain has no such restriction and may be rolled back without the permission or visibility of the community. On a private blockchain only the company involved would need to roll back the data. Being on a public blockchain is essential to verification and authenticity.

Our second product is a business to business API designed to allow other businesses to consume our data. This will allow other applications to pull ownership and metadata into their applications. This allows applications to provide better information about products or buy and sell products without creating their own copy of the product meta-data. A sneaker application might want to display if a sneaker was at some point owned by Nike. We also plan on partnering with companies to create official accounts. These accounts would be the first owner of goods upon manufacture. This product is marketed to businesses. The API is to be used for a fee per bulk quantity of transactions.


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