Vanig Project
The world is changing, and fast. In less than 20 years, the number of people living in extreme poverty is expected to reduce from 30% to 15%. In the next few years, over 75% of the world’s population will own a mobile phone and have internet access. Middle classes around the world are becoming the dominant class and their spending power is projected to grow 3x before 2030. Billions of people live better lives and have the means to participate in the digital economy. But, despite the evolutionary changes at the bottom of the pyramid, our top down systems and processes seem to be stuck with inflexible technology that struggles to meet the increasing demand of the newly emerged classes. We have a solution for that - enter Vanig.
Vanig is a timely and ambitious project: We are sitting at the nexus of two of the most impactful forces in today’s businesses: e-commerce and supply chains. We are deploying blockchain technology in novel ways to sort out some of the typical issues that hamper businesses, frustrates consumers and impede growth and economic opportunities for everyone. Our proposition is drawn from years of experience and exposure to large scale e-commerce systems, running and maintaining global supply chains and niche expertise with blockchain technology.
We aim to build the world’s first integrated e-commerce supply chain ecosystem. Blockchain technology is at the core of what we do. In particular, the effective use of smart contracts and configurable blockchains will help us alleviate five core challenges faced by any large scale, global supply chain:
“Our mission is to push the boundaries in innovation through the integration of supply-chain and e-commerce by leveraging the latest in Blockchain technology.”
- Complete visibility and transparency of the entire chain.
- Eliminating intermediaries.
- Less transaction fees.
- Effective Track and Trace mechanisms.
- Efficient recalls.
We are also building a working ecosystem around Vanig and aim to on-board businesses and consumers seamlessly. The utility of the Vanig platform is anchored on the provision of a unique e-commerce system where different users, such as vendors and consumers, meet and transact at a global scale with ease, security and transparency. Consumers and businesses alike can benefit from economies of scale with the Vanig ecosystem at times when economic activity amongst us is at all-time high.
We couldn’t be more excited to launch Vanig now!