With strict capital controls in place by most countries to control the flow of money and charge high taxes, cryptocurrency gained usage in circumventing capital controls and taxes, leading to an increase in demand. Cryptocurrency has been able to present an easy to use digital alternative to fiat currencies. Offering frictionless transactions and inflation control, investors have been prudent enough to add these currencies in their diversified portfolios as an asset, as the size of the market does not represent a systemic risk. Cryptocurrency employs the use of cryptography that assures high-security processes and verifies transactions personal to each user. Hence, counterfeiting and anonymous transactions are impossible to achieve.
While this revolution is gaining wide acceptance, WTX Hub, the next generation of technology for the Food & Beverage Industry has arrived.
"The food and alcohol industry as we all know is growing at an exponential rate. This industry includes bar merchants, suppliers, wholesalers, and producers. According to data from multiple sources, the industry grew to an estimated $1.25 trillion in 2016. Considering its current pace, the industry is expected to hit the $2 Trillion mark by the year 2025.
Various issues with providers throughout the supply chain exist as well, and it is currently difficult to establish accountability with so many stakeholders involved.
The application of this technology allows tracking of any particular product from manufacturers to consumers. With each bottle having an attached tag it provides complete information about the product. A powerful artificial intelligence-based analysis system generates recommendations for consumers and collects statistical data for producers."
With that being said, WTX Hub creates an entire blockchain based eco-system for the Food & Beverage industry with a purely peer to peer product exchange that facilitates online exchange of goods and services from one party to another without having to go through a third party.
Now that I have your attention, let’s get right to it.
What exactly is WTX HUB?
As depicted above and as indicated on the official website of WTX Hub, WTX Hub is the next generation of technology for the Food & Beverage Industry.
Furthermore, WTX Hub creates an entire blockchain based eco-system for the Food & Beverage industry with a purely peer to peer product exchange that facilitates online exchange of goods and services from one party to another without having to go through a third party.
Also the crypto currency, WTXH, shall facilitate transactions, act as a quantifiable means of exchange and accurately define the criterion of the required exchange of items. A key part of the WTX Hub is our game changing blockchain distribution and retail technology and our consumer focused App. The eco-system is completed by a comprehensive social and community functionality along with tailor-made blockchain provenance authenticity and smart contract technology. Access WTX Hub and see into the window to the future of the Food & Beverage industry.
The ultimate vision is to build a global ABM B2B and B2C Trading Hub ecosystem connecting business people, products/services, consumers and companies and to make this ecosystem a go-to place for ABM B2B and B2C precision advertising similar to Google and Facebook consumer space advertising.
The Aims of the WTX Hub Platform
Eliminate the fraud risk
Anonymize the participation — no third party is going to keep your data
Get rid of the hidden fees and manipulations of the ABM.
Speed up the payout process (payout speed is limited only by the speed of transaction processing within the Ethereum network, which is less than a minute);
About WTX Hub and Eco System
The WTX Hub and Eco System shall offer a detailed category and data matrix and to solve the fundamental B2B trust problem, in international trade in particular, the WTX Hub will use WTX Hub Token (WTXH) and blockchain technology including smart contracts and smart wallets thus we will assure that, after successful delivery of products or services, companies get paid.
WTX Hub shall also provide ABM B2B Marketing Cloud services that allow companies to store their marketing collateral (white papers, specifications, pictures, videos, etc.). WTX Hub shall apply machine learning to large databases to match business partners and recommend products/services and companies. WTX Hub shall use blockchain technology to solve trust problems in ABM B2B deal-making and payments.
The WTX Hub payment system shall be;
Fast and instantaneous
Have no paperwork
Very low cost
Use collective credibility of participating companies
The WTX Hub offering will provide capital for the WTX Hub to pursue marketing and user acquisition that will significantly reduce the time to achieve it. The WTX Hub’s offering, one of the first B2B-related coin offerings in the market, establishes corporate demand for blockchain tokens, to accelerate demand for WTX Hub Token (WTXH) and an increase in their value, WTX Hub will take three tactical steps;
Empower Buyer & Seller Interactions.
Empower B2B Precision Advertising.
Use Blockchain to Facilitate International Trade.
This shall drive up Corporate Demand and usage for WTX Hub Token (WTXH) in B2B Sales, Advertising and payment.
Why Blockchain Technology?
According to the official whitepaper of WTX Hub, the blockchain system is only developing and it’s almost impossible to evaluate its diverse future. The competition level among the alcoholic beverage participants in the blockchain is low. In this situation, the competition is mostly in terms of the ideas quality, the most comfortable and simple services, as well as respectable and fair attitude towards customers.
Our WTXH crypto currency shall be based on an ERC20 standard token using the Ethereum blockchain using Smart Contracts Technology.
The WTX Hub’s operation core is based on the Ethereum platform, which is intended for creating decentralized online services.
Implementation of smart contracts allows the system to eliminate many of the main disadvantages of the traditional ABM, thanks to the transparency and cryptographic reliability.
The WTX Hub protocol solves the problem of trust between all the network’s participants.
Smart contracts in The WTX Hub protocol eliminate these disadvantages. They act automatically according to the Code is a Law principle. In fact, they are an escrow element within the network. All information about the Trading Hubs on the WTX Hub network are kept on the blockchain, which means the payout system is 100% transparent no hidden interests and temptations for various manipulations, based on the human factor and directed against the business involved.
Why You Should Choose WTX Hub?
The WTX Hub D&R software which produces real time production, sales, payment and advertising data that joins the whole Alcoholic Beverage Market from Producer to Consumer together in one unified system.
The ability to get an almost instant payout with no need for billing system or payment card.
The WTX Hub is fully independent.
The WTX Hub is a decentralised platform.
The WTX Hub ecosystem vastly reduces the possibilities of fraud for financial transactions that execute within the ecosystem.
The ability to use as much as in funds as possible when it comes to the WTX Hub decentralized system, there is no need to be limiting the payment amount for businesses, which can happen for centralized banking services.
Companies and individuals can take the functionality of the WTX Hub application and create and develop their own independent campaigns for sale or other activities using WTX Hub application.
Token Name: WTX HUB
Token Symbol: WTXH
Social Media: https://twitter.com/WtxHub
Price Pre-ICO: $0.20 = 1WTXH
Token Price 1 WTXH - $0.20
WTX Hub Token: 200,000,000
Pre-Sale start date - 12th November 2018
Sale closes - 18th March 2019
Hard Cap - $40,000,000
Token issue date - 31st March 2019
Use of funds - Product development
The WTX HUB ITS raised funds shall be used for purposes including Product development/ Building & Integration, Administration, Marketing, Financial and Legal costs. Product Development includes the full roll out of the WTX Hub Retail and Distribution Technology, Social and Community Functionality and Consumer focused App.
Game Changing Real Time WTX
The WTX Hub project Retail and Distribution software can process sales and payments in bars, restaurants, hotels and retailers, and also for Importers, Distributors and Wholesalers.
The trade can see in real time when each of their products are bought around the world on an individual basis, a game changing step for the industry.
The trade can use WTX Hub Consumer App to advertise in real timeto consumers.
Free Consumer WTX Hub membership entitles consumer to getting individually tailored offers via the WTX Hub App., that are in their own language, tailor-made to them as they drink, eat and/or buy.
Each Trade customer can have their unique promotions uploaded to their advertising deck on WTX Hub to be sent via Targeted Advertising to the individual consumer.
MEET THE AMAZING TEAM
Be a part of this incredible project. Download the whitepaper for the full scoop.
Till next time…
For more information, please visit:
Website WTX Hub: https://www.wtxhub.com/
Bounty WTX Hub: https://bitcointalk.org/index.php?topic=5073422.0
Medium WTX Hub: https : //medium.com/@wtxhub
Twitter WTX Hub: https://twitter.com/WtxHub
WTX Hub Telegram: https://t.me/wtxhubcrypto
My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2487106
Disclaimer: This article was published in terms of the bounty campaign. I am not a project team member or its representative but a supporter of this incredible project.