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
VINchain is creating a worldwide blockchain database of used vehicle information that is 100% transparent, reliable, and accessible by everyone. VINchain project unites all data providers and gives the user a complete, uninterrupted vehicle record; all without the disadvantages of a centralized database.