Ep. #11: Authenticity of Products on Blockchain with Andrew Rasheed (CEO Devery)

Devery is an Australian company that has leveraged the Blockchain to create a product verification tool. It helps to ensure that the authenticity of products is maintained which allows e-commerce players as well as other businesses to ensure that their supply chain is secure. Devery recently concluded a successful ICO reaching their hard cap in 17 seconds after the lifting of the contribution caps.

Our guest for today’s show is Andrew Rasheed, Founder and CEO of Devery. Before founding Devery, Andrew was heavily involved in the e-commerce space. He was the founder of several e-commerce stores on Amazon and Shopify, and also created the first Ethereum-only online store, ethstall.com. Devery was created due to issues with counterfeiting and duplication that Andrew experienced and saw in the market during this period. He recognized that digital product verification would greatly reduce these problems and provide greater transparency and confidence to online shoppers.

Tune in to hear about:

  1. Andrew’s background and his side projects in the Blockchain space including a coniwatch touch bar for Mac users
  2. How Devery came about and the problems it solves?
  3. How Devery is creating the base protocol for third party verification services to build on top of their protocol and why Devery is taking this approach
  4. Role of the EVE token for multiple stakeholders in the ecosystem
  5. Bokky Token Transportation Protocol and how this allows users to interact with the application without incurring gas costs (the only other project using this Gaze Coin)
  6. How Devery plans to incentivise developers to build application on top of their protocol
  7. Devery’s work with the Tunisian Government and United Nations World Food Program
  8. Current developments and roadmap
  9. Devery’s involvement with the JD.com accelerator
  10. Andrew’s outlook on the Blockchain space – scalability and interoperability issues
  11. Medium, Twitter, Telegram