Question 1

What is Blocery (BLY)?

Accepted Answer

Blocery (BLY) is a blockchain-based platform that records immutable and trusted data related to the production, distribution, and sales history of agricultural products. It aims to create a more efficient and sustainable food supply chain ecosystem by leveraging blockchain technology to establish trust and transparency. Blocery benefits consumers by allowing them to purchase safe agricultural products at lower prices through pre-purchase at earlier stages. It also benefits producers by ensuring stable demand and revenue through strong contract implementation.

Question 2

Who created Blocery (BLY)?

Accepted Answer

Blocery is an affiliate of Ezfarm and is a trusted food supply chain management solution provider. The platform was created by a team of individuals, including Grant Jin, who serves as the Co-Founder and Director of the company.

Question 3

What is Blocery (BLY) used for?

Accepted Answer

Blocery's major service is SHOPBLY, which is a solution platform that manages the entire supply chain with features such as contract farming, traceability, APC, and big data. Leveraging blockchain technology, SHOPBLY aims to create a reciprocal ecosystem that connects end-consumers and producers with reasonable benefits. BLY tokens likely play a role within the Blocery ecosystem, facilitating transactions and providing incentives within the platform's services and operations.