Our current authentication product solution employs centralised MySQL, which is accepted by local government, but we have been asked to explore migrating to blockchain to improve transparency!
This is the total amount allocated to Anti-Counterfeiting System Integrating with Cardano Blockchain.
NB: Monthly reporting was deprecated from January 2024 and replaced fully by the Milestones Program framework. Learn more here
Ngo Xuan Duc - Co-founder & Product Director
Nguyen Minh Thang - CTO
Nguyen Thi Lieu - Market Specialist in anti-counterfeiting and traceabilit
(All have extensive experience in IT and product market.)
Product authentication information and history are stored on-chain.
No dependencies
We will release the smart contracts as open source under the Apache 2.0 license, but the offchain code will remain proprietary.
Our Current Solution
Our current product authentication solution employs centralised MySQL
What This Project Will Do
How the Project Will Be Implemented and Features
Reasons for This Approach
Target Customers, Market Size, and Potential Revenue
現在のソリューション
現在の製品認証ソリューションは、中央集権型のMySQLを使用しています。
このプロジェクトで行うこと
このプロジェクトでは、Cardano上にブロックチェーンベースのシステムを開発し、製品の認証と認証履歴を追跡し、信頼性と不変性を確保します。
プロジェクトの実施方法と機能
このアプローチを採用する理由
ターゲット顧客、市場規模、収益の可能性
Nuestra Solución Actual
Nuestra solución actual de autenticación de productos emplea una base de datos centralizada en MySQL.
Lo Que Hará Este Proyecto
Este proyecto desarrollará un sistema basado en blockchain en Cardano para autenticar y rastrear el historial de autenticación, garantizando fiabilidad e inmutabilidad.
Cómo Se Implementará el Proyecto y Sus Características
Razones para Esta Aproximación
Clientes Objetivo, Tamaño del Mercado y Potencial de Ingresos
Value to the Cardano Community
- Increased Adoption: Our project will showcase the practical benefits of Cardano's blockchain technology in addressing real-world problems like counterfeiting and supply chain transparency. This will encourage more businesses to adopt Cardano's technology, driving broader acceptance and integration.
- Community Growth: As businesses and consumers engage with our solution, the Cardano ecosystem will grow, attracting developers, investors, and new projects. This will create a more vibrant and dynamic community.
- Innovation Showcase: Our project will serve as a case study in innovative blockchain applications, potentially inspiring other developers and entrepreneurs to explore and create new solutions on the Cardano platform.
- After Vietnam, we can cooperate with international partner to roll out in other country complying with local regulation
Measuring Impact
- Quantitative Metrics:
+ Number of Products Tracked: We will measure the number of products using our blockchain-based system for authentication and traceability.
+ Reduction in Counterfeit Incidents: Monitoring the decrease in reported counterfeit cases before and after implementing our solution.
+ Adoption Rate: Measuring the number of businesses and industries that adopt our solution.
+ User Engagement: Tracking the number of users actively interacting with our platform, including the number of scans of QR codes.
- Qualitative Metrics:
+ User Feedback: Collecting feedback from businesses and consumers using our solution to assess satisfaction and areas for improvement.
+ Case Studies: Documenting success stories and real-world applications of our system to highlight the benefits and impact on various stakeholders.
+ Industry Recognition: Tracking mentions and recognition of our project in industry publications, conferences, and forums.
Sharing Outputs and Opportunities
- Open Reports: We will publish regular progress reports, case studies, and impact assessments on our website and through Cardano community channels. These reports will detail our achievements, challenges, and learnings.
- Collaboration with Other Cardano Projects: Partnering with other projects within the Cardano ecosystem to integrate and leverage our solution, creating synergies and expanding use cases.
- Community Updates: Regular updates and announcements on Cardano forums, social media, and newsletters to keep the community informed about our progress and opportunities for engagement.
Cardanoコミュニティへの価値
影響の測定
成果と機会の共有
Valor para la Comunidad de Cardano
Medición del Impacto
Compartir Resultados y Oportunidades
We are currently serving 25,000+ business clients out of which, over 3,000+clients are using anti-counterfeiting and traceability solutions with QR stamp. If we can get the blockchain base solution to reasonably cheap, these customers will upgrade to blockchain based solution seemlessly.
To date, we have issued over 5 billion product QR code, with over 1 million users scan product codes using our iCheck app to verify product authenticity.
For legal advisory services, leveraging technology allows us to support 8,309 clients with fewer than 10 consultants. Additionally, our team of 70 sales and consultants staff are always ready to expand our customer base.
About iCheck:
+ Website: https://icheck.com.vn/qr-code-giai-phap-2/
+ Video: https://youtu.be/K5bGSeh12bE?si=haENHOSfvtFJIBWn
- Traceability solution:
+ Website: https://icheck.com.vn/giai-phap-truy-xuat-nguon-goc/
+ Video: https://youtu.be/5wnPj2AdDjk?si=z-GdcEEcGVrn_vmf
- iCheck Channel: https://www.youtube.com/@icheckchannel7171/featured
Awards and Recognition
- Sao Khuê 2022: Top 10 Sao Khuê 2022 – A prestigious award recognizing the 10 best products and services in the Vietnamese software and IT services industry.
+ Post: https://giaithuongsaokhue.vn/2022/05/18/giai-thuong-sao-khue-2022-icheck-chien-thang-hang-muc-danh-gia-nhat
+ Video: https://www.youtube.com/watch?v=Q-eppK9hFf4&list=PLAWQcwcuzHGpVh5qKdT3BuJIxmITDIMHj&index=4
- VINASA 2021: Recognized as one of the Top 10 Enterprises Providing Solutions by the Vietnam Software and IT Services Association (VINASA).
+ Post: https://top10ict.com/2021/10/26/hanh-trinh-icheck-tu-con-so-0-den-viec-bat-tay-voi-hon-20-000-doanh-nghiep-tren-ca-nuoc/
- Best Solution Awards 2021: Awarded for our outstanding solutions in anti-counterfeiting and traceability.
+ Post: https://vecom.vn/le-trao-giai-thuong-best-solution-awards-2021
+ Video: https://www.youtube.com/watch?app=desktop&v=3Sv9WbfhHfU
Public Relations
- iCheck partners with ST25 rice brand (World's best rice award) to combat counterfeiting: https://www.24h.com.vn/doanh-nghiep/dap-tra-hang-gia-gao-ong-cua-chinh-hang-gan-5-trieu-tem-chong-gia-icheck-c849a1466900.html
- iCheck’s solutions featured on VTV - the national television network for anti-counterfeiting solutions: https://www.youtube.com/watch?v=IEQqc-gEBZ0
- iCheck’s anti-counterfeiting technology is widely covered in the media: https://tuoitre.vn/tem-chong-gia-qr-code-icheck-bao-ve-tri-tue-viet-20180614104653596.htm
- iCheck collaborates with Lục Yên district businesses to implement agricultural product traceability: https://truyxuatnguongoc.yenbai.gov.vn/post/icheck-dong-hanh-cung-doanh-nghiep-huyen-luc-yen-trien-khai-truy-xuat-nguon-goc-nong-san
- iCheck supports traceability of lychee exported to Europe: https://cafebiz.vn/icheck-ho-tro-truy-xuat-nguon-goc-vai-thieu-xuat-khau-sang-chau-au-20210629110951174.chn
- iCheck accompanies Vietnamese agricultural products in traceability Phúc Trạch grapefruit: https://www.youtube.com/watch?v=RkQXnGBu11M
- Collaboration with Sói Biển for product traceability: https://tienphong.vn/xay-dung-niem-tin-cho-thuc-pham-sach-bang-cong-nghe-truy-xuat-nguon-goc-post1328618.tpo
- iCheck pioneers the development of a Barcode & QR Code application ecosystem: https://cafef.vn/icheck-tien-phong-xay-dung-he-sinh-thai-ung-dung-barcode-qr-code-20220823141708797.chn
- iCheck provides solutions to optimize management and business capabilities for enterprises: https://baodautu.vn/icheck-cung-cap-giai-phap-toi-uu-nang-luc-quan-ly-va-kinh-doanh-cho-doanh-nghiep-d129629.html
Milestone 1: Preparation and Design for Migrating Current Platform to Blockchain
Duration: 2 month
Description:
Focus on preparing and designing the plan to migrate the current system from MySQL to the Cardano blockchain platform. This includes defining system requirements, and creating a detailed migration plan.
Outputs:
- Requirements Documentation: Define the functional and non-functional requirements of the new system.
- System Design: Design the architecture of the new system on the blockchain platform.
- Project Plan: Develop a detailed project plan for the migration, including implementation steps and timeline.
Acceptance Criteria:
- Requirements and design are approved by stakeholders.
- Technical documentation is complete and clear.
- Project plan is accepted by stakeholders.
Milestone 2: Migration of Current System to Blockchain Platform
Duration: 4 months
Description:
Execute the migration of the system from MySQL to the Cardano blockchain, ensuring data is accurately transferred and the system operates stably on the new platform.
Outputs:
- Data Migration: Successfully transfer transaction data from MySQL to onchain while maintaining MySQL as the indexer layer
- Blockchain System: Fully operational system on the blockchain platform.
- User Guides: Provide usage guides and training documentation for users and administrators.
Acceptance Criteria:
- Data is successfully migrated without errors.
- The new system operates stably and meets functional requirements.
- Users and administrators are fully trained and can use the new system effectively.
Milestone 3: Pilot Deployment, On-chain Cost Optimization, and Feedback Optimization
Duration: 3 months
Description:
Focus on optimizing on-chain storage costs through batching and integrating with decentralized storage blockchain platforms
Outputs:
- On-chain Cost Optimization: Optimize batching processes to reduce on-chain storage costs.
- Pilot System: Deploy the system in a test environment with a small group of users.
- User Feedback: Collect and analyze user feedback on the new system.
Acceptance Criteria:
- On-chain storage costs are minimized through batching optimization.
- The system operates stably in the test environment.
- User feedback is analyzed, and the system is improved based on this feedback.
Final Milestone (1 month)
Description:
This milestone summarizes the project's activities, outcomes, and insights, providing stakeholders with a transparent overview of its journey and allowing them to assess its success and adherence to objectives.
Outputs:
- A video recording summarizing the process and results of the whole project.
- Publicly available source-code containing all artifacts produced throughout the project.
- Written report describing the development process and any relevant findings.
Acceptance Criteria:
- The video recording provide enough information to asses the end result.
- A reviewer is able to audit the development process ensuring that all required tasks have been completed.
Ngo Xuan Duc - Co-founder & Product Director
https://www.linkedin.com/in/ngo-xuan-duc-6b0b58108/
Nguyen Minh Thang - CTO
https://www.linkedin.com/in/cjay-nguyen/
Nguyen Thi Lieu - Market Specialist in anti-counterfeiting and traceability
https://www.linkedin.com/in/lieu-nguyen-03b8b939/
(All have extensive experience in IT and product market.)
Tech Stack
Tech Stack Subtotal: $200,000
Competitive Salaries: The salaries for developers, designers, and testers are based on industry standards to attract high-quality talent. For example, front-end and back-end developers are budgeted at $2,000-$3,000 per month, which is competitive and reasonable.
Milestone-Based Funding: Funds are allocated across five clear milestones, each with specific deliverables. This ensures efficient use of resources and accountability at every stage.
Strategic Focus: Budget prioritizes key areas like development, testing, and product management to maximize impact. The inclusion of Cardano node setup underscores our commitment to the Cardano ecosystem.
Global Relevance: Counterfeit goods account for 3.3% of global trade ($509 billion annually). Our solution addresses this issue, promising significant economic benefits and showcasing Cardano's practical applications.
Community Growth: The project will drive adoption of Cardano, demonstrating its capabilities and attracting new users and developers. Success stories will foster trust and engagement in the community.