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Project Keywords: #dukapal
Project Members
Project Description (no more than 1,000 words including graphics)
Fast moving consumer goods business in Kenya is such a way that manufacturers produce and sell to either distributors or wholesalers or directly to retailers. Distributors sell to wholesalers and also directly to retailers.
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By collaboration, it means that the platform works closely with all the value chain players from Manufactures, Distributors, Wholesale, Logistics and the Retailers. The automation of information flow in terms of demand and pricing then introduces transparency and in turn efficiency. The benefits of efficiency within the trade value chain comes with better product margins that are passed down to the last consumer.
Solution
a. Duka Pal
A collaborative platform that all FMCGs value chain participants can join can join and trade fairly with efficiency.
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with all transactions supported by smart contracts.
Accomplishment and Team
a. We have innovative and enthusiastic team members that have come from different backgrounds finance, trade and IT.
b. We need support in developing blockchain solution, frontend development and developing the business model.
Project Plan
a. The goal for the prototype is to introduce 100 manufacturers, at least 200 distributors and over 10000 retailers who can use the platform to trade.
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