SESAME ONLINE FOOD DELIVERY THROUGH BLOCKCHAIN TECHNOLOGY

I am glad to live in this era and I really appreciate the efforts of people who have already done so much into contributing to improvements in technology; the benefits of which we are utilizing now and appreciate the technology itself, which allow us to present our ideas and their transformation into a working products, to your cryptocurrency, is a revolutionary idea taking birth in the form of Bitcoin. It has now expanded to various genius ideas, providing opportunities to people improving the business ethicality, making the concept of the world as a global economy a truth and much more.

From research carried out, it is shown that food provision has been a major problem in the world and families.

For instance, were husband and wife paintings from Monday – Friday, and they depart for his or her work from 8 am and close by 8 pm in the night time in step with their activity working circumstance, the husband and wife we do not have enough time to prepare meals for his or her kids. When they returned from work by 8 pm they we be very tired to prepare food for his or her youngsters, the most effective means of having food for their kids is the handiest restaurant.

Because of this hassle confronted via the arena and families sesame has taken a bold step in looking to resolve this hassle. Sesame has evolved a platform beneath blockchain technology this is transparency, secure and secure, reliable, consumer-pleasant and easy to use utility that may be used to buy/sell all sort of meals inside the international.

THE SESAME PLATFORM

Sesame the token provides on-demand food delivery services for clients through the decentralized blockchain technology. As such, it has eliminated the need for third-party providers needed in the conventional ways of offering on-demand food services. Sesame Token aims to create a platform not only for customers to access instant food deliveries but for restaurants and couriers to have direct transactions.

WHY SESAME TOKEN

Sesame the token is a decentralized food network powered by Blockchain and AI. It maximizes food utilization and reduces wastage. It offers real-time search for excess food at restaurants, grocery & packaged food stores and helps route them to buyers at a discounted price

BLOCKCHAIN TECHNOLOGY MARKET – GLOBAL

MARKET SEIZE

The Blockchain is the public ledger of all the Bitcoin transaction that is going to take place and which are already executed. It is growing at a constant rate as miners add new blocks to it every 10 minutes in order to record all the transactions that took place in recent times. Market Size Blockchain technology is being increasingly used in the BFSI segment for financial transactions and cross-border payments. In the Banking and financial sector, it is utilized to secure payments, maintain customer identities, settle cross-border payments, etc.

Revenue (2019) US$94,385m

Growth Rate +14.8% YoY

Users (2019) 1,190.4m

Growth Rate +11.8% YoY

KEY GROWTH FACTORS

Financial Technology (FinTech) companies are planning to invest a part of their total investment in the distributed ledge technology, i.e., Blockchain. The technology being decentralized attracts the banking sector to adopt the technology. The Blockchain technology market is expected to have a positive growth shortly owing to less time consumption, transparent nature that also requires less transaction cost.

THREATS AND KEY PLAYERS

Although the Blockchain market is expected to have a positive growth globally, still, there is a lack of awareness, regulation problem, ideology clash hinders the adoption of the technology. Some of the Blockchain technology providers in The blockchain market is Microsoft Corporation, IBM, Accenture, Deloitte, etc.