The global grocery market, one of the biggest consumer markets, forecasted to reach $11 trillion in 2021, is currently undergoing some of the most dramatic changes in history, partly due to internal factors, such as the changes in consumer behavior and new producers entering the market, and partly due to external factors such as technology, which opens the doors to new innovative models.
Coolomat Market will change the online e-commerce grocery sector with an innovative approach connecting customers and producers, big and small, over a new innovative online platform utilizing blockchain technology and open source software. A big “game changer” is the connection to physical click & collect pick up point devices – Coolomats. Our devices present the first and the only worldwide network of such kind.
For the end consumers, it will result in an eco-friendlier and healthier food supply at a lower price, and better margins for the farmer or producer (supplier) compared to the cooperation model with big retail chains. Our target is to provide producers with a real alternative to big chains - ensuring them with high quantity sales and decent margins.
A market place which will change the current grocery ecosystem, built on a new paradigm of online grocery sales.Sounds like Mission Impossible?
Consider what Amazon did to books or electronic distribution online. We want to tap into a trillion-dollar market not yet developed.
With blockchain technology behind the ecosystem will be built on transparency, trust and decentralization. It is time to open this opportunity for customers and producers in the food sector.