not approved
Blebox: Retail Reimagined for the Digital Age
Current Project Status
Unfunded
Amount
Received
₳0
Amount
Requested
₳275,000
Percentage
Received
0.00%
Solution

We will develop a decentralized supermarket platform using blockchain for transparency, IoT for efficiency, and AI/ML, AR/VR for personalized, immersive experiences.

Problem

IASYNT logo

Current supermarket systems lack transparency, efficiency, and personalized experiences. Centralized models limit innovation and customer trust in product authenticity.

Impact / Alignment
Feasibility
Value for money

Team

3 members

Blebox: Retail Reimagined for the Digital Age

Please describe your proposed solution.

Our proposed solution is to build a decentralized supermarket platform that leverages blockchain, Internet of Things (IoT), Artificial Intelligence/Machine Learning (AI/ML), and Augmented Reality/Virtual Reality (AR/VR) technologies.

Perception of the Problem

The current supermarket systems are centralized and often lack transparency, leading to issues such as inaccurate inventory management, inefficiencies in operations, and a lack of trust from consumers regarding product authenticity. Additionally, the shopping experience is often impersonal and does not cater to the individual needs and preferences of each customer.

Approach

Our approach is to decentralize the supermarket system using blockchain technology. This will increase transparency by allowing every transaction and product journey to be recorded and verified on the blockchain. IoT will be used for real-time inventory management and efficiency, while AI/ML will be used to personalize the shopping experience based on customer behavior and preferences. AR/VR technologies will be used to enhance the shopping experience, providing customers with immersive and interactive ways to shop and learn about products.

Engagement

Our project will engage a wide range of stakeholders, including consumers, supermarket owners, product suppliers, and technology providers. Consumers will benefit from a more transparent, efficient, and personalized shopping experience. Supermarket owners and suppliers will benefit from improved inventory management and operational efficiency. Technology providers will have the opportunity to innovate and contribute to the development of a cutting-edge retail platform.

Impact Demonstration

We will demonstrate our impact through a variety of metrics, such as the number of transactions recorded on the blockchain, the accuracy of inventory management, the level of personalization achieved, and customer satisfaction scores. We will also track the adoption and usage of our platform among supermarkets and consumers.

Uniqueness and Importance to Cardano

Our solution is unique in its comprehensive use of advanced technologies to transform the supermarket experience. It aligns with Cardano's mission of leveraging blockchain technology for societal good, and it will showcase the potential of Cardano's blockchain for real-world, large-scale applications. By improving transparency and efficiency in the supermarket industry, our project will contribute to sustainable and responsible consumption, which is a key goal of the Cardano community.

How does your proposed solution address the challenge and what benefits will this bring to the Cardano ecosystem?

Our proposed solution directly addresses the challenge of creating more efficient, transparent, and personalized retail experiences. By leveraging blockchain, IoT, AI/ML, and AR/VR technologies, we aim to revolutionize the supermarket industry and set a new standard for retail operations.

Impact on Cardano

Our project will have several significant impacts on the Cardano ecosystem:

  • Showcase Cardano's Potential: By building our platform on the Cardano blockchain, we will demonstrate the practical, real-world applications of Cardano's technology. This will help to showcase the scalability, security, and versatility of Cardano, attracting interest from other potential developers and users.
  • Increase Adoption: Our platform will require users and retailers to use ADA for transactions, which will increase the adoption and usage of ADA. This will help to strengthen the Cardano ecosystem and increase the value of ADA.
  • Attract New Users: By offering a unique, cutting-edge shopping experience, our platform will attract new users to the Cardano ecosystem. These users may then explore other applications and services within the ecosystem, further strengthening the community.
  • Solve a Key Problem: Our solution addresses a key problem in the retail industry, which is the lack of transparency and efficiency in current supermarket systems. By solving this problem, we will demonstrate the power of blockchain technology to address real-world issues, further validating Cardano's mission.

How do you intend to measure the success of your project?

The success of our project will be measured through a combination of quantitative and qualitative metrics.

Quantitative Metrics

  • Number of Onboarded Supermarkets: We aim to onboard at least 10 supermarkets onto our platform within the first year. This will be a clear indicator of market acceptance and the practical utility of our platform.
  • Number of Users: We aim to attract at least 10,000 users to our platform within the first year. This will demonstrate the appeal of our platform to consumers and its potential to drive adoption of Cardano.
  • Number of Transactions: We aim to process at least 100,000 transactions on our platform within the first year. This will show the platform's activity level and its potential to increase the usage of ADA.

Qualitative Metrics

  • User Satisfaction: We will conduct regular surveys to gauge user satisfaction with our platform. High satisfaction scores will indicate that we are providing a valuable service that meets the needs of our users.
  • Retailer Feedback: We will seek feedback from the supermarkets that use our platform. Their insights will help us understand how our platform is improving their operations and where we can make further improvements.

In terms of Cardano's productivity and growth, our project will contribute in both the short and long term. In the short term, our platform will increase the usage of ADA and attract new users to the Cardano ecosystem. In the long term, by demonstrating the real-world utility of Cardano's blockchain technology, we can attract more developers and businesses to the ecosystem, leading to further innovation and growth.

Please describe your plans to share the outputs and results of your project?

We plan to share the outputs and results of our project through various channels and methods:

  • Project Updates: We will regularly update the Cardano community about our progress through blog posts, social media updates, and community forums. These updates will include milestones achieved, challenges faced, and lessons learned.
  • Public Demonstrations: We plan to host public demonstrations of our platform, inviting supermarkets, consumers, and other stakeholders to experience our solution firsthand. This will provide an opportunity for direct feedback and engagement.
  • Partnerships: We will actively seek partnerships with supermarkets and other retail businesses. These partnerships will not only help us spread our solution but also provide valuable opportunities for collaboration and learning.
  • Conferences and Events: We will present our project at relevant industry conferences and events. This will help us share our results with a wider audience and attract potential users and partners.
  • Open Source Contributions: Depending on the nature of our developments, we may choose to contribute certain components of our project to the open source community. This will allow others to learn from our work and potentially build upon it.

In terms of further research and development, the results of our project will provide valuable insights into the practical application of blockchain, IoT, AI/ML, and AR/VR technologies in the retail industry. We will use these insights to refine and expand our platform, exploring new features and capabilities. We also anticipate that our project will inspire further innovation in the Cardano ecosystem, as other developers and businesses see the potential of these technologies.

What is your capability to deliver your project with high levels of trust and accountability?

Our team brings together a diverse range of skills and experiences that make us well-suited to deliver this project.

  • Technical Expertise: Our team includes experts in blockchain technology, IoT, AI/ML, and AR/VR. We have a proven track record of developing and implementing advanced technology solutions. Our technical team members have worked on numerous successful projects and are well-versed in the latest development practices and tools.

  • Industry Knowledge: We have team members with extensive experience in the retail industry. They understand the unique challenges and opportunities in this sector and will ensure that our solution is tailored to meet the needs of supermarkets and their customers.

  • Project Management: Our project management team has a strong track record of delivering complex projects on time and within budget. They are experienced in agile project management methodologies, which allow for flexibility and adaptability throughout the development.To track the progress of the project: <https://konmaio.notion.site/Blebox-95f95b1b20a64f75bc56843655ffce8e?pvs=4>

  • Financial Management: We have robust financial management processes in place to ensure that funds are used appropriately and effectively. We will provide regular financial updates to the Cardano community, detailing how funds have been used and the progress made towards our project goals.

  • Transparency and Accountability: We are committed to transparency and accountability in all our operations. We will regularly share updates on our progress, challenges, and successes. We will also seek feedback from the Cardano community and other stakeholders, ensuring that we remain accountable to those we serve.

We believe that our technical expertise, industry knowledge, project management skills, financial management processes, and commitment to transparency and accountability make us well-equipped to deliver this project with high levels of trust and accountability.

What are the main goals for the project and how will you validate if your approach is feasible?

Our main goals for the project are as follows:

  • Develop a Decentralized Supermarket Platform: Our primary goal is to develop a fully functional decentralized supermarket platform that leverages blockchain, IoT, AI/ML, and AR/VR technologies. We will validate this goal by successfully launching the platform and demonstrating its functionality.
  • Onboard Supermarkets and Users: We aim to onboard at least 10 supermarkets and 10,000 users onto our platform within the first year. We will track these numbers through our platform's analytics.
  • Process Transactions: We aim to process at least 100,000 transactions on our platform within the first year. This will be measured through the transaction data on our platform.
  • Improve User Experience: We aim to provide a superior shopping experience for users. While this goal is qualitative, we will measure it through user satisfaction surveys and feedback.
  • Demonstrate the Practical Application of Cardano: We aim to showcase the real-world utility of Cardano's blockchain technology. This will be validated by the successful implementation of our platform and the positive impact it has on the supermarket industry.

Our approach to implementing these goals is based on agile project management methodologies. We will break down the project into manageable sprints, each with specific objectives. Regular reviews will be conducted to assess progress and make necessary adjustments. Our technical team will use the latest development tools and practices to ensure the platform is secure, scalable, and user-friendly.

We will also engage with the Cardano community and other stakeholders throughout the project, seeking feedback and incorporating it into our development process. This will ensure that our platform meets the needs of its users and contributes positively to the Cardano ecosystem.

Please provide a detailed breakdown of your project’s milestones and each of the main tasks or activities to reach the milestone plus the expected timeline for the delivery.

Here's a detailed breakdown of our project's milestones, tasks, timeline, and projected costs:

Milestone 1: Project Planning and Design (1-2 months)

Tasks:

  • Define project scope and objectives
  • Design system architecture
  • Develop project timeline and budget

Success Criteria: Detailed project plan and system design

Milestone 2: Development of Blockchain and IoT Components (3-6 months)

Tasks:

  • Develop blockchain component for transaction recording and verification
  • Develop IoT component for real-time inventory management
  • Test and refine these components

Success Criteria: Fully functional blockchain and IoT components.

Milestone 3: Development of AI/ML and AR/VR Components (3-6 months)

Tasks:

  • Develop AI/ML component for personalized shopping experience
  • Develop AR/VR component for immersive shopping experience
  • Test and refine these components

Success Criteria: Fully functional AI/ML and AR/VR components

Milestone 4: Development of AI/ML and AR/VR Components (3-6 months)

Tasks:

  • Develop AI/ML component for personalized shopping experience
  • Develop AR/VR component for immersive shopping experience
  • Test and refine these components

Success Criteria: Fully functional AI/ML and AR/VR components

Milestone 5: Integration and Testing (6-8 months)

Tasks:

  • Integrate all components into a cohesive platform
  • Conduct comprehensive testing to ensure functionality and security
  • Refine the platform based on testing results

Success Criteria: Fully integrated and tested platform

Milestone 5: Launch and Onboarding (8-9 months)

Tasks:

  • Launch the platform
  • Onboard initial supermarkets and users
  • Collect and analyze feedback
  • Integrate all components into a cohesive platform
  • Conduct comprehensive testing to ensure functionality and security
  • Refine the platform based on testing results

Success Criteria: Fully integrated and tested platform

Milestone 6: Review and Future Planning (beyond 9 month)

Tasks:

  • Review project outcomes against objectives
  • Plan for future development based on feedback and performance data
  • Prepare and submit final project report

Success Criteria: Comprehensive project review and plan for future development

Our project will be implemented using agile project management methodologies, allowing for flexibility and adaptability throughout the development process. Regular reviews will be conducted to assess progress and make necessary adjustments. We will also engage with the Cardano community and other stakeholders throughout the project, seeking feedback and incorporating it into our development process.

Please describe the deliverables, outputs and intended outcomes of each milestone.

Here are the deliverables, outputs, and intended outcomes for each milestone:

Milestone 1: Project Planning and Design

Deliverables: A detailed project plan, including a system architecture design, project timeline, and budget.

Intended Outcomes: A clear roadmap for the project, with defined objectives, tasks, timelines, and resources.

Progress Measurement: Completion of the project plan and system design.

Milestone 2: Development of Blockchain and IoT Components

Deliverables: Fully functional blockchain component for transaction recording and verification, and IoT component for real-time inventory management.

Intended Outcomes: A platform capable of transparent transactions and efficient inventory management.

Progress Measurement: Successful development and testing of the blockchain and IoT components.

Milestone 3: Development of AI/ML and AR/VR Components

Deliverables: Fully functional AI/ML component for personalized shopping experiences, and AR/VR component for immersive shopping experiences.

Intended Outcomes: A platform capable of providing personalized and immersive shopping experiences.Progress Measurement: Successful development and testing of the AI/ML and AR/VR components.

Milestone 4: Integration and Testing

Deliverables: A fully integrated platform that combines all components into a cohesive system.

Intended Outcomes: A platform ready for launch, with all components working together seamlessly.

Progress Measurement: Successful integration and comprehensive testing of the platform.

Milestone 5: Launch and Onboarding

Deliverables: A launched platform with initial supermarkets and users onboarded.

Intended Outcomes: A functioning platform in the market, with real users and transactions.

Progress Measurement: Successful launch of the platform and onboarding of at least 10 supermarkets and 10,000 users.

Milestone 6: Review and Future Planning

Deliverables: A comprehensive project review and a plan for future development.

Intended Outcomes: Insights into the project's successes and challenges, and a roadmap for future improvements and expansions.

Progress Measurement: Completion of the project review and future planning.

We will track our project's progress through regular reviews and updates, ensuring that we are meeting our objectives and delivering value to the Cardano ecosystem.

Please provide a detailed budget breakdown of the proposed work and resources.

Here's a detailed budget breakdown for our project

Milestone 1: Project Planning and Design (10,000 ADA)

  • Project Management: 3,000 ADA
  • System Design: 7,000 ADA

Milestone 2: Development of Blockchain and IoT Components (30,000 ADA)

  • Blockchain Development: 15,000 ADA
  • IoT Development: 15,000 ADA

Milestone 3: Development of AI/ML and AR/VR Components (30,000 ADA)

  • AI/ML Development: 15,000 ADA
  • AR/VR Development: 15,000 ADA

Milestone 4: Integration and Testing (15,000 ADA)

  • System Integration: 7,500 ADA
  • Testing: 7,500 ADA

Milestone 5: Launch and Onboarding (10,000 ADA)

  • Platform Launch: 5,000 ADA
  • User Onboarding: 5,000 ADA

Milestone 6: Review and Future Planning (5,000 ADA)

  • Project Review: 2,500 ADA
  • Future Planning: 2,500 ADA

Additional Costs (175,000 ADA)

  • Development Team Salaries: 100,000 ADA
  • Marketing and Community Engagement: 25,000 ADA
  • Legal and Accounting Services: 25,000 ADA
  • Documentation and Reporting: 15,000 ADA
  • Contingency Fund: 10,000 ADA

Please note that these are estimated costs and may vary based on market conditions and other factors. We will manage the funds responsibly and provide regular financial updates to the Cardano community.

Who is in the project team and what are their roles?

Douglas Amante, Chief Executive Officer IASYNT

Sourashis Pahari ,Chief Business Development Officer. IASYNT.

Rohit Bhunia , Web3.0 Team Leader IASYNT.

Abhinav kumar Singh,Web3.0 Team IASYNT .

Divyansh Vishwakarma , Web3.0 team IASYNT .

How does the cost of the project represent value for money for the Cardano ecosystem?

The cost of our project represents significant value for money for the Cardano ecosystem for several reasons:

  • Innovation and Practical Application: Our project will demonstrate the practical application of Cardano's blockchain technology in a real-world context. By showcasing how Cardano can be used to revolutionize the supermarket industry, we will help to attract more developers and businesses to the ecosystem.
  • Increased Adoption: Our platform will drive the adoption and usage of ADA, strengthening the Cardano ecosystem and potentially increasing the value of ADA.
  • Community Growth: By offering a unique, cutting-edge shopping experience, our platform will attract new users to the Cardano ecosystem. These users may then explore other applications and services within the ecosystem, further strengthening the community.

In terms of the project costs, they have been estimated based on industry standards and the average wages in our country. Our development team salaries, for example, are based on the average salaries for blockchain developers, IoT specialists, AI/ML experts, and AR/VR developers in our country. Our legal and accounting services costs are based on typical rates for these services.

Furthermore, we have included a contingency fund in our budget to account for any unexpected costs or challenges that may arise during the project. This ensures that we have the resources to deliver the project successfully, even in the face of unforeseen circumstances.

Overall, we believe that our project represents excellent value for money for the Cardano ecosystem, given the potential benefits and impacts it can deliver.

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