The retail industry loses approximately $500bln USD per annum*. OSA DC reduces this waste by uniting producer, retailer, and consumer with its blockchain-empowered solutions, all while fixing three major issues that hinder the retail industry today: inventory tracking on the blockchain will solve the problem of overstocking or understocking which costs retailers $400bln USD annually* the blockchain’s immutable ledger will provide more reliable product data and prevent business from abusing consumer trust OSA DC will cut back on product waste that results in a loss of $100 billion USD annually
EchoLink is a blockchain based system that provides verified education, skill, and work experience information. Taking advantage of blockchain technology's immutability and time stamp functionality, EchoLink provides users with trusted information regarding a job candidate's education, skill, and work experience. EchoLink provides savings to recruiters in time and financial resources. The EchoLink system can be also be used for additional industries, such as banking, finance, general notary service.