Future of online shopping using Blockchain - Elementh

There isn’t a field the Blockchain technology has not excelled in. It is indeed revolutionary! E-commerce is one such industry which sees immense competition. Today, developing an online store requires a regular analysis of constantly changing the market, posing a lot of challenges ahead. Especially for an e-commerce business that is trying to reach international, the strategic analysis is the biggest challenge. Will you believe that Blockchain is even capable of providing e-commerce business solutions? Yes, this is where the Blockchain project “Elementh” comes into play.

Elementh is a Blockchain based company that offers all users who are in the e-commerce business with real-time and historical data, in-stock inventory and prices as well. It also enables to create various decentralized applications to be developed by third parties and used by the e-commerce companies. This will enable the company to make use of blockchain technology and market their business.

How does it work?

Elementh has a system of goods and tokens which will be eventually used to pay for goods and services. Using a decentralized token makes it easier to make a transaction and to transfer goods online.

The company provides a platform where the buyers and sellers can work together. The buyer can pay through smart contract, the app will able to track the product and verify if it’s delivered or not. If it’s not delivered, he/she can easily get the money back.

To achieve this goal, Elementh creates a product card and unique ID for each product and thereby, will virtually digitalize all goods.

Features

The features of the elementh blockchain mechanism will attract any investor and proves to be beneficial in a number of ways:

· Decentralized market: Elementh’s blockchain mechanism will allow sellers to use existing merchandise cards. It even verifies that the product is not counterfeited. Low prices for any product can be found through the unified merchandise card. Payments are also accepted through Cryptocurrency, which is an added advantage.

· Tracking goods: Elementh blockchain mechanism will allow the users to track goods. Right from finding suppliers for any volume of products till the direct order of goods from the manufacturer.

· Geolocation: You can find the most convened place for purchasing any item through the geo-location feature since the seller’s information is available in the Elementh blockchain.

· Decentralized message: This feature of permitting any seller to directly send messages to any user will help the buyer and seller come to a mutual understanding, discuss exchange systems and purchase conditions.

· Counterfeiting: Anyone can track the appearance of counterfeit product at any stage of the transfer of ownership of goods.

· Different verticals: Elementh blockchain mechanism can be used by various service providers including airline reservation, Hotel management and it’s not restricted to a particular entity.

· Store designer: The system allows you to create decentralized showcases for any vendor in the system provided the individual has all resources to set up an online store.

Conclusion

As we are in the budding era of a wide range of e-commerce applications, Elementh can be highly potent in terms of investing and is the future of e-commerce. It can be highly profitable considering the range of services they offer to users. With an excellent team and a well-documented whitepaper, Elementh has a great start with a growing community of over 20k telegram members. All positive signs!

Website
www.elementh.io

Telegram
@Elementh

Twitter
Elementh (@Ahooleeman) | Twitter

Profile
https://bitcointalk.org/index.php?action=profile;u=1457262
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