Also, as customers consume through non-contact methods, its online industry has developed greatly. Along with much interest in home workout, diet, and personal health, the beauty industry was 364.9 billion dollars year on year in 2016. In 2021, it is pointing at 487.1 billion dollars which implies its growth.
Because of the application and expansion of ICT (Information and Communications Technology), future cosmetic markets need to secure detailed information about beauty trends; and must be able to analyze consumer behavior and purchase patterns, their ratings, and preferences of the goods. Also, virtual reality technologies, such as AR, VR, MR, etc., and Artificial Intelligence (AI) technology should be integrated into the business to develop new services. Therefore, the MDC started this business to provide customized services for customers' needs.
MDC is an ecosystem platform based on beauty information on social networking services.
Our goals are to:
1) Construct platform that shares beauty information
2) Manage a live e-commerce platform mainly about cosmetics and beauty
3) Operate an online mall that trade beauty service and cosmetic products
4) Create a Smart Mirror specialized in beauty and cosmetics
5) Create a Blockchain-based supply chain management solution of domestic cosmetics material
But to lessen the gas fees we will be moving to Polkadot as a Substrate-EVM based parachain with the following services:
1) NFT Ownership
2) Proof of adjacent right
3) Secondary copyright management
4) Payment and settlement
5) Fees and rewards
6) Digital contents for decentralized finance
MDC Wallet will be created for payment and compensation to various partnering service providers and platforms and we'd also be targetting to use blockchain for Cosmetics manufacturing and distribution supply chain
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