ELEMENTH: teknologi Applications Work And The Benefits Of Using It




ELEMENT

To provide the shortest and most descriptive definition, this is a platform that aims to solve the problems that can occur in blockchain based e-commerce technology. Elementh is the name of a blockchain company that offers smart solutions for e-commerce systems. In 2016, global e-commerce sales in the market reached $ 19.15 billion. The sale is focused on $ 4.058 trillion.

The goal of the Elementh platform is to create smart e-commerce solutions that ensure ownership of specific products by developing decentralized applications used by e-commerce using blockchain technology.

The elements of each stage of product design and development to monitor movement are also paired with the current owner, the original (patented) copy and trace the goods (false) want to identify more goods and systems that facilitate problem solving. Elementh System; for ownership of goods to store Blockcha records at the same time using smart contracts to sell goods systems, product details (name, manufacturer, date, product information, barcode, etc.). It offers an opportunity to deliver certain products to a specific address.

If the block has the same product in the chain, the publisher receives a message through this system so it can show how many products it wants to publish. If the product serial number is present, this can be determined during the transfer process. To protect against data security, only serial numbers within the system are set, but those who only know the first possible number of risks have the right to take action. If there is no serial number during product publication, the system facilitates the identification of the product by producing a random serial number and the manufacturer that prints the QR code on the packaging.


How Elementh Applications Work And The Benefits Of Using It

There are two types of applications that will build Elementh. The first is a financial application that allows users to use and sell products and content online and offline, as well as token built in Elementh software. The second is non-financial applications, such as finding counterfeit goods, etc.
Based on the Elementh blockchain, each market will allow the seller to use the existing goods card without creating a new one. Ownership data will allow you to find counterfeit products sold in the market. The same merchandise card will allow you to easily find the lowest price for any product. At the same time, you can calculate using any cryptocurrency.

Elementh System

Along 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 original and detecting counterfeit goods.

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.



GOODS SYSTEM

Along with the token system, Elementh has a goods system, which can also be used in some large applications, such as searching for specific items from its creation on the current one, searching for genuine goods and detecting counterfeit goods. . Unlike the token system, the goods system also provides the power to "eject" the product precisely at the specific address, indicating all possible item data (such as name, manufacturer, barcode, etc.).
If identical items are already in blockchain, the publisher will also receive messages from those things, and he will also have the opportunity to find items that benefit him "show". If an item has a serial number, you can confirm when the transfer operation is done.
To provide data on forging data, only a hash from a list that has been disconnected in the system, by a person who knows a valid amount. With no "series" items, the system generates them randomly and the holder can use them to identify the specific items with the QR print code on the packaging, write them in RFID tags or perhaps with different easy steps.

Elementh 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 make smart contracts specific to e-commerce. Elementh will achieve it by creating Blockchain with Turing-complete built-in, allowing everyone to write smart contracts and decentralized apps, enabling the use of integrated product cards, e-commerce transactions and proprietary transfers.

Project Element

The Elementh project has evolved from miiix.org products that are being developed since 2012. When we found Miiix is ​​a fully working business in Russia that has investments from Ventura RSV Partners and business angels and solid partnerships, for example, with Sberbank AST and SAP Hybris and 200+ small and medium online stores and markets.

Project development plan
We really liked the excerpt from the creator's mouth:

"We know exactly how to get to the moon, and we want to bring as many tourists as possible." Let us analyze their flights in more detail.

2012-Creation company

2012 - Investing from its business partners

2014-The number of goods in circulation reaches 1000 items

2016-in a database of 70 million articles in 30,000 product categories. 1,000 stores from various hotels. Customers from small shops to big companies like Sberbank

2017 - go into blockchain technology. Translation of the concept into the Elementh project

January 2018 - Presence tokens are produced exclusively by white lists.

February 2018-Pre ICO

March 2018-Pre FUND

April 2018-ICO

June 2018-Blockchain Base Layer (Alpha)

August 2018 - Blockchain Abstract Layer (v_0.1)

October 2018-Blockchain Abstract Layer (v_0.2)

December 2018-Implementing your own wallet within a blockchain system

February 2019-API

March 2019 - Creation of master nodes

2019-DAPPS





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