Good Digital Passport for authenticating products origin.

Goods Digital passport (GDP).

There are basic ingredient that is necessary for an individual to have evidence of, such includes but not limited to origin, its authenticity and proof of real ownership. It is one thing to quotes a location and another to confirm such proof to be true. Good Digital Passport, a ground breaking Blockchain-based platform has birthed this great idea to authenticate proof of origin and ownership for the benefit of global economy especially in the aspect of goods, supplies and consumptions with the goal to put an end to fake products for consumers.

To achieve this, GDP has put together a team of experts who have employed the best technology to ensure trust for goods is injected back into the global market in order to activate value increment for consumers, reduce risks for insurers, protect brands and retailer giving an overall boost to the market potential.

The reality of the present challenges is that, if nothing is done to resolve fake goods from eating deeper into the global market, by the year 2022, that is about four years from now, fake goods will drive a big hole into the global economy and suck a whopping $4.2 Trillion from it, whereas in 2013, from statistics, fake watch sales alone was to the ton of One Billion US Dollars, unfortunately, Eighty Two Billion US Dollars is spent in the verge to protect products from being falsified. When you also go down the lane, products like Art work in the market is also being tampered with to a fifty percentage of the whole. The forged version is in circulation whereas the original ones are lying low at the owner’s corridors, who still spend with hope of protecting their products- what a world!

How will you feel knowing that the very wrist watch you spent so much to buy or the handbag you love so much is not original as claimed by the suppliers? Sad and angry I bet!

On the other hand, how would feel knowing for sure what you have as bag or watch is original, you sure will be happy and relieved and bursting with pride.

If the latter is the feeling or lifestyle you want to maintain, this is another opportunity of making it a reality.

This is what GDP has to offer:

GDP for the Consumers: Assist the consumer to have good knowledge of goods intended to be consumed as well as differentiating between the fake goods and original

Provision of an online wallet to help the consumer keep record of the value of products as well as store the goods.
The GDP wallet for consumers is such that can be share from one consumer to the other, this will quickened authentication and claim processes.

For brands: GDP will provide a white label function to allow brands integrate GDP openly into their dealing with the consumers. This goes to proof that GDP is here not only for consumers but also for brands.
For the Insurer: quotes will be made available flexibly to the insurance companies offering real time price which will encourage sales of goods in the marketplace.
Manufacturers: Can get their authorised agents registered stress-free and safe through the Application Program Interface (API) or webportal. Etc.

For additional details click on this link: https://gdpassport.com/token/ or whitepaper at: https://gdpassport.com/wp content/uploads/2018/06/GDPassport-whitepaper-0706181.pdf

The role of each user is further explained with the figure below:

Figure 2: the architecture of GDP

Following this plan, GDP is launching its token during the ICO which will be distributed to all investors but those who may not have invested before the ICO can buy as desired. Profit realized from the token shall be utilized as follows:

47 percent for the development of GDP platforms and other Applications necessary.
42 percent for expansion purpose to include market and possibly hiring PR.
8 percent assigned for experts and influencer to carve a niche for GDP globally where its present can be felt in the global market and the last
3 percent for legal and compliance costs.

How to be part of this project:

For Agents: simply register on the webportal or via API, upload the required information in bulk link or separately for each item. Such bulk upload may be in the form of 10,000 pieces of watch with details of colour and other features present on the said watch to include the serial numbers. But for the individual, your original work, such as art work, acrylic on bricks etc. can also be uploaded.

Manufacturers have the opportunity to register but he or she must complete the KYC process. In overall, the only sets of people that are eligible to register new products on the platform are those who have successfully registered and verified their KYC. This is when Blockchain smart contract will be executed for transparency. Once smart contract stage is passed, the next step is to generate QR code for each registered entity for tracking purpose.

In the event that a product is sold, the new owner of the product will be invited by the old owner to register on the platform, then, a transfer of ownership will be effected. Once all this is done, the old owner of the product can only view the product information via QR code. Information about the product can now be sent to insurance to prove ownership and truly confirms the authenticity of the product.

Products authenticity and origin can also be verified via etherscan

In conclusion, GDP stands for confidence, integrity and insurance and the ICO is very significant in making this a reality.

A total of 100,000,000 token will be available during the ICO, of this quantity, 85% will be sold, whereas 15% will be reserved for the Team and community growth. With soft cap of 100ETH and Hard cap at 35,000ETH.

Becoming a holder of the token grants you access for putting to use all that is explained herein.