GearChain, the First Zero-Coding Blockchain Solution for Supply Chains, Announces Exclusive NFT Early Access Membership Program

GearChain, revolutionizing the world of supply chains using the simplicity of a zero-code app builder, is excited to announce its Early Adopter Membership NFT program. Early adopters of this groundbreaking platform can apply for Gold, Silver and Bronze memberships and get an early pass to an exciting platform that can save dollars, induce efficiencies in global supply chains and even convert your smartphone into an IoT device.

GearChain’s exclusive NFT program allows member rewards that include airdrops, voting rights and more. Details can be found on their blog.

“We are excited to welcome early adopters to our innovative supply chain app builder platform. The NFT passes will allow members to reward their favorite projects or their organization,” said Harry Jung, CEO of GearChain.

After creating the member NFTs, users will get access to both short and long term benefits. Some of these benefits include TGE(ICO)s, lottery tickets and more benefits. The Algorand wallet is required to mint the NFTs.

SCM systems today are burdened with many inefficiencies and cost-related problems. Reports indicate that only 6% of companies have complete supply-side visibility, and 69% lack total visibility. Errors in ERPs are reported to cost an average of about $100 million for large organizations, and implementation failures affect about 29% of organizations.
GearChain aims to solve these problems with its zero-code app building platform, helping organizations cut down on these losses, reduce disruptions and delays, and allow the creation of cost-effective solutions.

GearChain at a glance

• GearChain is open, public and permissionless, thus truly decentralized

• Zero coding is required to build Inventory Dapps

• Increase collaboration between stakeholders and protect privacy with user permission controls

• Just-in-time inventory with automation

• Use smartphones as IoT devices

• Improve provenance and authenticity by expanding supply chains for NFTs

• Synchronize supply chains with Google Sheets for integration and customization

All the above features make GearChain a revolutionary concept and platform. Simply put, the platform is structured around two main features: a.) A cloud-based warehouse app builder, b.) Smart contracts on the blockchain, so that the entire process can be translated to the terms of the smart contract. The use of barcode scanning adds a great facility, which can be shared with all participants, including shippers, distributors, suppliers, receivers, etc.

The use of NFT as a token gate facilitates the use of GearChain in the supply chain at the next level. Token gate is a new concept and allows a token holder to pass through the access gates. For example, goods can only be sold to NFT holders. This provides transparency and consistency in the data flow. Trust is created as only authorized manufacturers and retailers have access to the supply chain. Token gating is a protection against counterfeiting and gray markets.

Technically, GearChain is based on GEAR NBS, a stock app builder using Google Sheets on Web 2.0, with over 2 million installs.

The status quo in supply chains needs a revamp, and GearChain aims to bring in the necessary innovation and tools to create a new way of doing things. The result can be envisioned as a standard, universal supply chain protocol that makes it possible to build custom inventory apps without the need for coding.

About GEARAPP INC

Based in San Jose, California, GearChain is building the next-generation zero-code blockchain app builder for global supply chains. GearChain’s permissionless multi-tenant blockchain platform enables project owners to create their own decentralized, transparent and consistent supply chains, while protecting privacy by allowing them to grant permission only to stakeholders. Founded by Harry SY Jung and his classmates in the MIT Sloan blockchain certified team, GearChain originates from GEAR NBS with proven concepts and aims to bring together expertise from IT and various industry sectors to build solutions that are efficient, affordable and globally benchmarked .