Five or even ten
years ago, you would not realize that a free market based on electronic
ecosystem would be a giant in recent times. In the past, outlets on the street
or luxury shopping complexes spearheaded a product's trade. Indeed, to this day
the status of the product display location is still a major factor reference of
exclusivity of a product. But, this paradigm shifted away nearly 40% of the
main considerations. The power of retail markets that was unthinkable before,
is now the spearhead of a product.
Recent questions
are coming to the stage, to what extent can a market place platform was the
main storefront of a display product and to be the core parameter of direct
selling? Already often the media reviews how terrible the commercial market
online that can penetrate to various parts of the world. The mainstream media
seemed very confident and did not hesitate at all in lowering the news about
the superiority over marketplace platforms. Amazon, Alibaba, Ebay, Lazada, and
several thousands of e-commerce platforms out there, can contribute billions of
dollars in revenue to a country. At the very least, the real sector economy is
active and shows very positive expectations in the future. Very fantastic!
Now, in the era of
more advanced technology, along with the birth of cryptocurrency world since
2010, more and more platforms or new applications are also born by the cold
hands of computer programmers. They race always present in the front line.
Special to the area of blockchain technology, now comes an application called
Elementh. Elementh is a blockchain infrastructure designed for e-commerce
market. Elementh provides all participants of e-commerce market with real-time
and historical data onto stock inventory and price. It also allows to create
decentralized and centralized applications based on the Elementh blockchain.
Element Application
 |
| Elementh Use Case |
How does Elementh work? As I referring on their website www.elementh.io, Actually the workings of this
application is quite easy and simple. Precisely because it is decentralized,
then the transaction mechanism will be B2B. In this case, each prospective
buyer, will contact the desired store, select the desired item, and make direct
payment for fiat or crypto money, without going through a third party. As an
online store owner, in this Elements application you are free to design the
format of your online store. The seller provides accurate information even to
Geo-location to prospective buyers, so that the buyer freely determines where
he will buy the goods he wants.
There is a feature
called System of Good. In line with the token system, Elementh has a goods
system, which can also be used in a large number of applications, such as
tracking the movement of certain goods from its manufacture to the current
owner, tracing the goods genuine and detecting counterfeit goods. Unlike the
token system, the goods system also provides the ability to "publish"
a particular product of a particular address, indicating all possible item data
(such as name, manufacturer, barcode, etc.). And if an identical item is
already in the blockchain, the publisher will receive a message about it, and
he will have the opportunity to show how many items he wants to "publish".
If an item has a serial number, it is possible to determine it when a transfer
operation is being performed.
 |
| Element's Structure |
To provide protection against the forging of
data, only the hash of the serial number specified in the system, therefore
only the person who knows the initial number has the ability to perform a valid
transaction. In the absence of a serial number at the time of
"removing" the item, the system generates it randomly and the holder
can use it to identify the particular item by printing the QR code on the
packet, writing it in RFID tags or in other convenient ways.
One of the main
features of Elementh is the availability of an integrated nomenclature (To
ensure that the goods card is as complete and accurate as possible, and to
reduce the likelihood of making duplicate cards, the cost of creating and using
cards will be different.) To create merchandise cards, 1 EEE (the price will be
set by selecting a delegate.) At the time when the owner adds items to the
system, he is offered to use existing cards or create new ones.The use of
existing cards costs 100 times less than new ones (eg 0, 01 EEE) Cardholders
receive prizes for each item owner who uses the card, and to make transactions
using this card Each participant in the system can complete the information in
the existing card, and the cardholder can accept or reject the proposed
changes.
ICO
How can you become
part of this great app? Don't ever imagine the complexity, it is very simple
way. From now on, you can participate actively to enjoy the features as well as
investments that you planted later. You can buy Elementh Token (EEE). Since the
Elementh Token is a utility token, it is constantly moving around in the
system. More than 70% of tokens (71.78% will be sold via ICO) will belong to
the system of participants and will continuously move around within the
Elementh. Initial token distribution of companies and end users will be carried
out through ICO. The Elementh Foundation will exchange these tokens for ETH or
BTC which, in turn, are used for blockchain extension, development, attracting
new investors and maintaining the entire system. The Elementh Foundation
receives EEE tokens as a fee from each transaction in the system. From 75% to
99% of the received fee will be paid by the Elementh Foundation to the
masternodes for system maintenance. Up to 25% of the fee will be retained by
the Elementh Foundation for daily operations, business promotion and technical
development. Service providers pay the fee in the system and receive tokens in
turn from companies requiring their service. Any interaction, such as access to
the company's necessary data, will be paid with EEE tokens in the system.
The Elementh
Foundation's financial assets consist of the initial funding received during
the ICO, the fees from all operations in the Elementh blockchain and digital
asset income. The Elementh financial department will primarily aim to manage
all financial assets and make financial reports on a monthly basis. From a
financial point of view, the Elementh Foundation will maintain the balance
between expansion and community development. Besides the initial funding from
the ICO, the Elementh Foundation will be able to obtain digital asset income
through the system internal operations. By means of establishment of the third
party trustee, transparency of the distribution of income to all operations and
community development will be maintained. The Elementh Foundation will appoint
a full-time financial team to manage its financial and digital assets. The
financial team will report directly to the Foundation management, and regularly
prepare financial reports and disclosures of the Elementh Foundation.
 |
| Elementh Funds distribution |
Team
Steve Jobs once
said: “Great things in business are never done by one person. They’re done by a
team of people”. And i totally agree. It's represents by their team’s story
began five years ago when Russian enthusiasts Sergey Ryabov (Elementh CEO) and
Dmitriy Bereznitskiy (Elementh CTO) undertook one of the biggest challenges in
the market: arranging to work with wholesale suppliers.
Executive Team
Sergey Ryabov, CEO
Dmitriy Bereznitskiy, CTO
Vitaliy Mengeshev, COO
Artem Kirillov, Blockchain Developer and Architect
Aleksandr Vasilev, Data Scientist
Sergey Morozov, Blockchain Developer
Eugene Prigornitskiy, Go Developer
Sergey Miheev, System Administration
Peter Gashnitsky, UX/UI Designer
Alexander Kholodnykh, Backend Developer
Team's Advsiors
Naveen Yannam, Tech advisor and early contributor
Proorocu Aurel George, Marketing advisor
Michael Averbach, Financial advisor
Sergey Fradkov, Legal advisor
Road map
The Elementh’s
technology team has three main goals. First, Research & Development, priority is given to the bottom level of
technology and development, it employs the most advanced technology analysis
and experiments. We will draw up plans for development of the next generation
of the technology and conduct a feasibility study. Second, Development: on the
basis of R&D results, we shall carry out development until the initial
testing result is obtained. And the third, Testing. For deployment and
maintenance: Having obtained the development result, the R&D team must
improve and correct the testing results as well as proceed to relevant
deployment and maintenance.
You can see the
roadmap details on www.elementh.io
to see how far their initial footsteps are building this app until the moment
they want the future of this project realized.
Token Details
Symbol :
EEE
Type :
ERC-20 standard
Total supply :
303 000 000 EEE
ICO price :
1 EEE = 0.0002 ETH
Private pre-sale/pre-ICO round : closed. Collected 910 ETH.
ICO start date :
1 April 2018 00:00 UTC
ICO end date :
30 April 2018 23:59 UTC
ICO soft cap :
10 000 ETH
ICO hard cap :
30 000 ETH
ICO bonus scheme : 1st
day: 30% Tokens, 2nd day: 15% Tokens
There is no minimum or maximum amount to participate in the ICO stage.
Country :
Singapore
Whitelist/KYC : KYC
Useful Links:
Website : https://elementh.io
Telegram : https://t.me/elementh_community
Bitcointalk : https://bitcointalk.org/index.php?topic=2899838.0
Instagram : https://www.instagram.com/elementhio/
Steemit : https://steemit.com/@ahooleeman
Medium : https://medium.com/@Elementh.io
Author:
Name: Yuni Tango
Bitcointalk username: Arwani112
Bitcointalk profie link: https://bitcointalk.org/index.php?action=profile;u=1345832
Telegram: https://t.me/yunitango
ETH address: 0x150564A1Fbe12a1D03F74a2e152Fc7468b7Cd7bD
Having Business of E-Commerce on Blockchain Technology - Elementh Review
Reviewed by indo coiner
on
April 28, 2018
Rating:
Reviewed by indo coiner
on
April 28, 2018
Rating:
Tidak ada komentar: