The Tael ecosystem has a marketplace that uses an NFC (Near-Field Communication) label linked to a blockchain in tracing items listed in the network. The platform also allows its thousands upon thousands of mainstream consumers to use a loyalty point system that’s adoption-ready.More
Every product that is manufactured is attached with an NFC label and all its touch-points are scanned as it is shipped. This allows the customer or receiver to scan the NFC label using a smartphone, which then provides product origin details essential for verification.More
It's easy to buy Tael (WaBi) using a crypto exchange like Coinmerce. You just indicate how many Tael (WaBi) you want to buy, whereafter Coinmerce will perform the transaction.More
You want to buy Wabi? You can buy Wabi using Creditcard or SEPA at Coinmerce. Once you are logged in, you will see "Coins" in the top menu where you click on. Now you come to a page with all crypto coins that Coinmerce offers. If you don't see Wabi, use the search function to search for Wabi and click on the name. You can indicate for how many euros you want to buy Wabi in the right window. Below is shown how much Wabi you get for this. Have you entered the correct amount? Then click on "Buy". You can also execute a "Stop limit order" at Coinmerce. Our system will automatically buy Wabi when the price of Wabi reaches your entered value. You can also execute a repeating order. Do you want to buy Wabi with another crypto currency? Then you go to the cryptocurrency you want to pay with and click on "Swap" in the right window to indicate that you want to receive Wabi.
The Tael ecosystem used to be called Walimai while its incentive token was known as WaBi. The word “Tael” was popular among Asians many years ago as a term that referred to silver money. Tael was formed in 2014 (as Walimai) but was commercialized only in 2016. It was established by Yaz Belinskiy and Alex Busarov and its main base is in China. Tael’s primary goal is to help consumers – its users – verify the authenticity of products. As mentioned earlier, NFC labels are attached to every manufactured product and this is what the consumers scan to verify if the product is authentic or not. The NFC label also gives consumers an idea of what the product went through during the supply chain process. Users that complete their transactions or purchases using the Tael token are given rewards. The token is used across the ecosystem, as well as for its partners. Techrock Blockchain is the official Tael blockchain.