Have you known that new era has come to the ecommerce? This is about it. Elementh is a blockchain designed for the e-commerce sector. This is a list of "goods ownership", which has the ability to write a special smart contract and use nomenclature standards to quickly create decentralized and centralized app. Elementh is a blockchain that can be used in a large number of applications, such as tracking the movement of a particular item from its creation to the current owner, tracking original goods and detecting counterfeit goods.
Unified nomenclature of the item
One of the main features of Elementh is the availability of a uniform nomenclature. To ensure that the item card is as accurate and accurate as possible, and to reduce the chances of making a duplicate card, the cost of making and using the card will be different. To create merchandise cards, participants must pay, for example 1 EEE (the price will be determined by choosing a delegate). When the owner adds items to the system, he is offered to use an existing card or create a new one. The use of existing cards costs 100 times less than the new ones (for example, 0.01 EEE). The cardholder receives a gift for each owner of the goods using his card, and also to make transactions using this card. Each participant in the system can complete the information in the existing card,
Originality of goods
The items in the system are in one copy and if the goods with the same serial number are added to the system, each dApp can notify the buyer that the origin of the item is unknown. If the ownership chain is from the manufacturer, the authenticity of the goods will be made throughout the network.
Elementh(EEE)-The Mission
Elementh's goal is to create alternative protocols for decentralized application development used by e-commerce, provide the standard quality nomenclature, guarantee the ownership of certain products and the ability to create smart contracts specifically for e-commerce. Elementh will achieve it by creating blockchain with the Turing-complete built-in programming language, enabling anyone to write smart contracts and decentralized apps, enabling the use of integrated product cards, e-commerce transactions and ownership transfers.
The Market
In 2016, global retail e-commerce sales reached $ 1.915 trillion. They are expected to increase to $ 4.058 trillion. The biggest market in the world is Amazon. Revenue exceeds $ 125 billion by 2016. ElementhBlockchain can be used by the world's online markets and stores for their nomenclature standards and goods systems. E-commerce is a growing market in all countries and the popularity of a decentralized market is a boon for the Elementh Foundation. If we are going to partner with all new markets, our blockchain can be standard in the e-commerce market.Are you the owner of a small business? Are you tired of wasting valuable man hours doing your inventory? Are you interested in opening an online store? Then stay awhile and listen friend, because Elementh may have what you need to make your business rise to the next level! Elementh will help you optimize the way you run your business no matter if its a small business or a large business, everyone can use Elementh to their advantage.
Elementh will help you improve your business in these main key areas
Operations and Logistics
With proper product tracking and logistics optimization thanks to the use of the blockchain to maintain track of your goods, you will be able to reduce the amount of man hours wasted to maintain an efficient ledger of your inventory.
Tracking your goods
You will always know where your goods are, who moved them and who you sold them to thanks to smart contracts.
Data Quality & Authenticity Control
All the items have a unique id, never again get the cheated by providers and sell counterfeit items to your customers, the days of faking brands and scam items will be long gone.
Your Own Online Shop in the Elementh(EEE) Blockchain
Elementh makes it easy to open your own online store to expand your business into new heights, all you have to do is setup your store on the Elementhblockchain, which is a process that anyone can complete in a few minutes, the network will then proceed to synchronize all your inventory into the store and thats it! All the items you have registered into your inventory are available online and all the services you can provide can also be listed on the online store. For example, if your store sells computer parts and someone is looking to buy computers parts, when browsing the Elementh market place your items will show up as search results and the customer may buy it! If the customer buys your product, the money goes into a smart contract and its held safely until the delivery is confirmed! After the confirmation arrives, the money goes into your account, its just that easy.
Elementh is truly a wonderful proposal to empower all the small and medium sized business across the world, allowing people to create their own online shops and giving them access to such a massive market place is not an easy feat! Millions of dollars will be saved thanks to theoptimization in managing inventories Elementh will provide to many small and medium sized businesses and the easy access to creating a E-Shop will open the stores of millions of business owners to millions of new customers helping them generate more wealth to grow their businesses and helping customers improve their lives with amazing products!
How Elementh is going to change the eCommerce space?
As we know E-commerce is a part of e-business, where the scope of e-business is wider, not just commerce but also includes collaboration of business partners, customer service, job vacancy etc. In addition to www network technology, e-commerce also requires database technology or databases, e-mail, and other forms of non-computer technology such as goods delivery systems, and payment instruments for e-commerce. But with elementh we are going to the other dimention of eCommerce. that was easy using and trusted. because the product that they applied to us was a blockchain standardized with a product cards are store in IDFS along with product images and the most detailed kind of attributes. The blockchain stores the ownership of each item at every single moment. So, the system is everyone can track the transfer of ownership of product all the way from the manufacturer to the contact to the owner.
How can developers benefit from having access to the powerful Elementh tools?
· Elementh uses the blockchain technology which ensures that the system is safe and secure. Great Invention In cryptocurrency
· Easy tracking all the products with their own unique serial numbers and metadata
· With Elementh, each goods is equipped with its own ID or Key so customers can check if the product they have is authentic.
· No more missing orders or charging of items that the clients haven't received.
How can businesses utilize Elementh to take their businesses online?
having a business is indeed troublesome. Sometimes we dont have enough time to distribute or supplying the goods ordered by consumers. Business is about how you spend time wisely. With Elementh, you have the power to order the items you need in minutes. You can think of it just like everything is around you.
How will bringing the power of the blockchain to inventory management change the industry?
Blockchain is one of many new technologies that redefine the way businesses do business. The open and transparent nature of blockchain is able to simplify the way individuals and organizations transact into unbound and boundary, thus supporting the mobility of users. This technology is perfect for the fintechindustry that involves many parties and so far still require manual paper. And this is How the element platform will change the eCommerce industry.Many of us may have experienced that extreme excitement waiting for a much-awaited smartphone model, gaming console, book, or any other merchandise to hit the local shops. Most of us can easily purchase and use the items without any issues, while a fraction of the buyers may face a number of problems such as items getting out of stock, unmonitored factory defects, counterfeits and imitations, overly expensive prices, and wrong types of items delivered to your
home. These challenges do not only spoil the enjoyment in the part of the consumers but they can also cause the inefficiency within the entire system. Introducing Elementh, an innovative blockchain platform that is specifically designed for the e-Commerce sector.Once completed and running, the Elementhblockchain can provide greater power, speed, and efficiency to the manufacturer-distributor-retailer-consumer chain. By providing an advanced tracking platform where developers can set up their own decentralized applications, it will be easier for suppliers to monitor the flow of stocks and for end-consumers to track items from the factories all the way to their doorsteps.
How can Elementh(EEE) solve the problems?
Inventory Monitoring
Since the number of items in stock can be tracked in real-time, it is now more convenient for retailers to estimate their supply and to order from the manufacturer way ahead of time. The geo-location feature can also help consumers search for nearby stores offering the same items that they are looking for.
Quality Assurance
Using the smart-contract feature of the Elementhblockchain, payments from the buyer to the seller will not proceed until the quality of the products has been checked and approved. This significantly reduces the number of defective products that can reach the consumers as well as the tedious process of issuing refunds to the buyers. It will also be easier for the manufacturer to recall batches of products that are suspected to contain defects.
Authenticity
Even end-consumers can easily trace the path taken by a certain product. This can help them ensure that the products are authentic and are really produced by their trusted companies. With the transparency of the transactions and transfers of ownership of a certain product, you are assured that you don't get fakes and imitations. Unified merchandise cards can also help suppliers find the cheapest prices from across different distributors.
These are only some of the advantages that businesses and consumers can get from the Elementhblockchain. Besides effective product tracking, this revolutionary technology also offers additional features such as decentralized direct messaging, bank scoring, and store designing among others.
The Company
Established in 2012, MIIIX has been providing e-commerce platforms to facilitate interactions between distributors and online retailers. It takes pride in one of the largest portals in the field of e-commerce with more than 70 million SKUs, 30 thousand product categories, and at least a thousand shops from various industries. Since last year, MIIIX has started its transition into the blockchain technology with the introduction of an open source project called Elementh.
In 2016, global retail e-commerce sales reached $ 1.915 trillion. They are expected to increase to $ 4.058 trillion. The biggest market in the world is Amazon. Revenue exceeds $ 125 billion by 2016. ElementhBlockchain can be used by the world's online markets and stores for their nomenclature standards and goods systems. E-commerce is a growing market in all countries and the popularity of a decentralized market is a boon for the Elementh Foundation. If we are going to partner with all new markets, our blockchain can be standard in the e-commerce market.Are you the owner of a small business? Are you tired of wasting valuable man hours doing your inventory? Are you interested in opening an online store? Then stay awhile and listen friend, because Elementh may have what you need to make your business rise to the next level! Elementh will help you optimize the way you run your business no matter if its a small business or a large business, everyone can use Elementh to their advantage.
Elementh will help you improve your business in these main key areas
Operations and Logistics
With proper product tracking and logistics optimization thanks to the use of the blockchain to maintain track of your goods, you will be able to reduce the amount of man hours wasted to maintain an efficient ledger of your inventory.
Tracking your goods
You will always know where your goods are, who moved them and who you sold them to thanks to smart contracts.
Data Quality & Authenticity Control
All the items have a unique id, never again get the cheated by providers and sell counterfeit items to your customers, the days of faking brands and scam items will be long gone.
Your Own Online Shop in the Elementh(EEE) Blockchain
Elementh makes it easy to open your own online store to expand your business into new heights, all you have to do is setup your store on the Elementhblockchain, which is a process that anyone can complete in a few minutes, the network will then proceed to synchronize all your inventory into the store and thats it! All the items you have registered into your inventory are available online and all the services you can provide can also be listed on the online store. For example, if your store sells computer parts and someone is looking to buy computers parts, when browsing the Elementh market place your items will show up as search results and the customer may buy it! If the customer buys your product, the money goes into a smart contract and its held safely until the delivery is confirmed! After the confirmation arrives, the money goes into your account, its just that easy.
Elementh is truly a wonderful proposal to empower all the small and medium sized business across the world, allowing people to create their own online shops and giving them access to such a massive market place is not an easy feat! Millions of dollars will be saved thanks to theoptimization in managing inventories Elementh will provide to many small and medium sized businesses and the easy access to creating a E-Shop will open the stores of millions of business owners to millions of new customers helping them generate more wealth to grow their businesses and helping customers improve their lives with amazing products!
How Elementh is going to change the eCommerce space?
As we know E-commerce is a part of e-business, where the scope of e-business is wider, not just commerce but also includes collaboration of business partners, customer service, job vacancy etc. In addition to www network technology, e-commerce also requires database technology or databases, e-mail, and other forms of non-computer technology such as goods delivery systems, and payment instruments for e-commerce. But with elementh we are going to the other dimention of eCommerce. that was easy using and trusted. because the product that they applied to us was a blockchain standardized with a product cards are store in IDFS along with product images and the most detailed kind of attributes. The blockchain stores the ownership of each item at every single moment. So, the system is everyone can track the transfer of ownership of product all the way from the manufacturer to the contact to the owner.
How can developers benefit from having access to the powerful Elementh tools?
· Elementh uses the blockchain technology which ensures that the system is safe and secure. Great Invention In cryptocurrency
· Easy tracking all the products with their own unique serial numbers and metadata
· With Elementh, each goods is equipped with its own ID or Key so customers can check if the product they have is authentic.
· No more missing orders or charging of items that the clients haven't received.
How can businesses utilize Elementh to take their businesses online?
having a business is indeed troublesome. Sometimes we dont have enough time to distribute or supplying the goods ordered by consumers. Business is about how you spend time wisely. With Elementh, you have the power to order the items you need in minutes. You can think of it just like everything is around you.
How will bringing the power of the blockchain to inventory management change the industry?
Blockchain is one of many new technologies that redefine the way businesses do business. The open and transparent nature of blockchain is able to simplify the way individuals and organizations transact into unbound and boundary, thus supporting the mobility of users. This technology is perfect for the fintechindustry that involves many parties and so far still require manual paper. And this is How the element platform will change the eCommerce industry.Many of us may have experienced that extreme excitement waiting for a much-awaited smartphone model, gaming console, book, or any other merchandise to hit the local shops. Most of us can easily purchase and use the items without any issues, while a fraction of the buyers may face a number of problems such as items getting out of stock, unmonitored factory defects, counterfeits and imitations, overly expensive prices, and wrong types of items delivered to your
home. These challenges do not only spoil the enjoyment in the part of the consumers but they can also cause the inefficiency within the entire system. Introducing Elementh, an innovative blockchain platform that is specifically designed for the e-Commerce sector.Once completed and running, the Elementhblockchain can provide greater power, speed, and efficiency to the manufacturer-distributor-retailer-consumer chain. By providing an advanced tracking platform where developers can set up their own decentralized applications, it will be easier for suppliers to monitor the flow of stocks and for end-consumers to track items from the factories all the way to their doorsteps.
How can Elementh(EEE) solve the problems?
Inventory Monitoring
Since the number of items in stock can be tracked in real-time, it is now more convenient for retailers to estimate their supply and to order from the manufacturer way ahead of time. The geo-location feature can also help consumers search for nearby stores offering the same items that they are looking for.
Quality Assurance
Using the smart-contract feature of the Elementhblockchain, payments from the buyer to the seller will not proceed until the quality of the products has been checked and approved. This significantly reduces the number of defective products that can reach the consumers as well as the tedious process of issuing refunds to the buyers. It will also be easier for the manufacturer to recall batches of products that are suspected to contain defects.
Authenticity
Even end-consumers can easily trace the path taken by a certain product. This can help them ensure that the products are authentic and are really produced by their trusted companies. With the transparency of the transactions and transfers of ownership of a certain product, you are assured that you don't get fakes and imitations. Unified merchandise cards can also help suppliers find the cheapest prices from across different distributors.
These are only some of the advantages that businesses and consumers can get from the Elementhblockchain. Besides effective product tracking, this revolutionary technology also offers additional features such as decentralized direct messaging, bank scoring, and store designing among others.
The Company
Established in 2012, MIIIX has been providing e-commerce platforms to facilitate interactions between distributors and online retailers. It takes pride in one of the largest portals in the field of e-commerce with more than 70 million SKUs, 30 thousand product categories, and at least a thousand shops from various industries. Since last year, MIIIX has started its transition into the blockchain technology with the introduction of an open source project called Elementh.
Now Its ICO Time
Catch the Elementh ICO on the first of March and experience one of the greatest innovations in the world of e-commerce first-hand. You may also visit the Elementh website for more information or you can also follow their social media accounts to keep updated with the latest news and announcements from the Elementh team.Elementh is truly a wonderful proposal to empower all the small and medium sized business across the world, allowing people to create their own online shops and giving them access to such a massive market place is not an easy feat! Millions of dollars will be saved thanks to the optimization in managing inventories Elementh will provide to many small and medium sized businesses and the easy access to creating a E-Shop will open the stores of millions of business owners to millions of new customers helping them generate more wealth to grow their businesses and helping customers improve their lives with amazing products.This would certainly change the e-commerce community. It would make a lot of easier transactions and less hassle on processing an order. This will ensure customers safety and ensure they pay up before getting the goods. This would also eliminate a lot ofthe counterfeits and deceits which is happening a lot on businesses. This would be helpful not only to secure loyal customers but also to ensure that your business is safe.
Official Links for More Details
Website link- https://elementh.io/
Telegram group link- https://t.me/elementh_community
Twitter link- https://twitter.com/Ahooleeman
Catch the Elementh ICO on the first of March and experience one of the greatest innovations in the world of e-commerce first-hand. You may also visit the Elementh website for more information or you can also follow their social media accounts to keep updated with the latest news and announcements from the Elementh team.Elementh is truly a wonderful proposal to empower all the small and medium sized business across the world, allowing people to create their own online shops and giving them access to such a massive market place is not an easy feat! Millions of dollars will be saved thanks to the optimization in managing inventories Elementh will provide to many small and medium sized businesses and the easy access to creating a E-Shop will open the stores of millions of business owners to millions of new customers helping them generate more wealth to grow their businesses and helping customers improve their lives with amazing products.This would certainly change the e-commerce community. It would make a lot of easier transactions and less hassle on processing an order. This will ensure customers safety and ensure they pay up before getting the goods. This would also eliminate a lot ofthe counterfeits and deceits which is happening a lot on businesses. This would be helpful not only to secure loyal customers but also to ensure that your business is safe.
Official Links for More Details
Website link- https://elementh.io/
Telegram group link- https://t.me/elementh_community
Twitter link- https://twitter.com/Ahooleeman
My
Bitcointalk account link- https://bitcointalk.org/index.php?action=profile;u=1503176
Username- rathnayake
Bitcointalk account link- https://bitcointalk.org/index.php?action=profile;u=1503176
Username- rathnayake
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