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Connects physical and digital

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Smart contract blockchain

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Team:

Alexander Busarov - Сo-founder and CEO

Yaroslav Belinskiy - Co-founder

Arthur Pinchuk - IT lead

Chi-Tung Pan - Sales lead & project manager

Dmitry Korzhik - Blockchain lead

Kitty Xu - Marketing Director

How are WaBi used?

Single-click automatic payment for Walimai protected products (at current exchange rate if the user has insufficient WaBi)

Paying with WaBi grants additional benefits: discounts, improved delivery terms, bonus WaBi points with every purchase

Allows users to buy loyalty points in bulk with discounts

Expert Review

TokenTops
avatar
4 out of 5

WaBi wants to fight against counterfeit products, with the focus on the Chinese market at first. They will create a small payment service that would work only with checked and trusted products. Paying in their tokens apart from security will grant additional benefits like discounts, improved delivery terms or cashback. The project seems to be a small one, but potentially very useful. They quote that "At least 63 babies died in Fuyang and rural areas of Anhui after consuming fake baby milk", therefore with such real threat they can really help a lot of people.

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