LITTLE ROCK, AR, November 04, 2022 /24-7PressRelease/ — DeCrypted Innovation, the company building the retail industry’s first blockchain-based distribution protocol, today announced a $250 thousand seed funding round led by Venture Equity Partners Inc., which closed earlier this year in June.
Founded by Batesville, Arkansas native Antron Ramey (CEO) as a modern alternative to create cost effective web development solutions for everyone, the company now seeks to make Blockchain integration affordable to B2B & B2C clients with their new protocol based platform. “Friction and inefficiency continue to be pervasive in retail distribution, and the challenges related to the pandemic have increased the imperative for change. At DeCrypted Innovation, we’re excited to be building a blockchain-enabled solution that will help business owners, suppliers and intermediaries enhance efficiency and profitability, while also improving the end-user experience,” said Mr. Ramey, CEO of DeCrypted Innovation. “The industry response has been remarkably positive. Web3 & Blockchain integration will totally change retail and we are happy to be enabling this transformation.”
DeCrypted Innovation allows businesses to design and implement their own blockchain protocols using their new innovative platform “DeCrypted Labs”. Giving small business owners an edge, with the capability to integrate such software for a fraction of the price with it’s no code platform. Some of the platform features include being able to tokenize inventory and payment processing.
“Blockchain technology introduces disruptive new value propositions and sources of efficiency for both suppliers and consumers of the retail industry,” said Michael S., DeCrypted Innovation advisor and former Chief of Staff of Jumpstart. “I am aligned with this team’s mission of bringing the industry into the new distributed world and excited to work with these experienced SAAS technology executives.”
DeCrypted Innovation was born in 2019 to reimagine the retail industry and accelerate its response and adaptation to Web3, as well as connect retail and decentralized finance (DeFi). The company plans to launch its first service later this year.
For more information about DeCrypted Innovation, visit https://www.decryptedinnovation.co
DeCrypted Innovation is building a blockchain-based distribution protocol saas platform designed to create a more secure, decentralized, frictionless, transparent and efficient retail industry. The company’s technology allows retail business owners & suppliers to more efficiently manage their inventory, implement advanced fraud measures, and payment processing, unleashing use cases that enhance both business’ flexibility and owners’ profitability.
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