ELEMENTH

Elementh is a blockchain intended for the e-commerce sector. This is a list of "possession of goods", which can form a remarkable intelligent contract and utilize the principles of terminology to rapidly create decentralized and centralized applications.

Elementh has absorbed the best achievements in recent years in the field of Blockchain, which aims to solve the problems of the modern world of e-commerce. Elementh is a blockchain designed for the e-commerce sector. Elementh is the name of the Blockchain company that offers solutions for e-commerce businesses. The main idea of Elementh is to offer a list of ownership of Blockchain goods and the ability to use smart contracts to sell them. This will allow companies to use Blockchain technology to improve their business.

The company also offers the ability to create some decentralized and centralized applications to be developed by third parties and used by e-commerce companies. Elementh's goal is to create alternative protocols for decentralized application development used by e-commerce, providing standard quality nomenclature, ensuring ownership of certain products and the ability to make smart contracts specific to e-commerce.

Goods system

In addition to the token system, Elementh has a commodity system that can be used in many applications such as tracking the movement of certain goods from its manufacture to its current owner, tracing the original product and detecting counterfeit goods. Unlike the token system, the merchandise system also offers the ability to display certain merchandise at a particular address and display all available merchandise data. And if the same item is already in the block chain, the publisher will receive a message about it, and he will have the opportunity to display the amount of items he wants to spend. If an item has a serial number, you can specify it when you perform a transfer operation. To provide protection against the forging of data, only the hash of the serial number specified in the system, so that only the person who knows the initial start number can perform a valid transaction. If the serial number is not available at the time of publication, the system will generate the item unlawfully and the holder can print the QR code in the packet to identify the particular item and provide it in the RFID tag or other convenient way.

Integrated product name

One of the main features of Elementh is the availability of unified names. The cost of making and using cards is different so the item card is as accurate and complete as possible, and to reduce the chances of creating a duplicate card. For example, 1EEE (price set by proxy vote) to create merchandise cards to be paid by participants. As soon as the owner adds items to the system, he is offered to use an existing card or to create a new card. Using an existing card is 100 times cheaper than creating a new card (for example, 0.1EEE). The cardholder receives compensation for the owner of the goods using his card and makes transactions using this card. Each participant in the system can complete the information on the existing card and the cardholder can accept or reject the proposed changes.

Originality of products

Merchandise in the system is present in one copy, and if an item with the same serial number is added to the system, all DAPPs can inform the buyer that the origin of the item is unknown. If the ownership chain comes from the manufacturer, verification of the authenticity of the product occurs across the network.

- Markets (Markets)

Worldwide retail e-commerce revenue in 2016 is $ 1.9152 trillion. The revenue is expected to increase to $ 4.058 trillion.

Amazon is the largest market in the world. Amazon revenues exceed $ 125 billion by 2016.

China's largest holding company is the Alibaba Group.

* The above data is from statista.com.

Elementh Blockchain is available for product specifications and product systems in all marketplaces and online stores worldwide. E-commerce is a growing market in all countries, and the popularity of distributed markets is the advantage of the Elementh Foundation. If Elementh is partnering with each new market, the chain of blocks can become standard in the e-commerce market.

THE DEVX TOKEN AND SALES INFORMATION

The platform has a unique utility token called Devx token and allows its users to interact with the platform. Token is an erc20-based token and has multiple apps on the platform. Tokens also allow users to have access to various platform features. The ico sale of tokens will begin on April 1, 2018 and will expire on May 1, 2018.

WHO IS BEHIND THE PROJECT?

The platform is the idea of a creative mind that thinks to make e-commerce world easier and safer. The Aytunc Ozturk is CEO and Deberson murashige is the project developer. Both have experience in financial markets and blockchain. Andra Fuchs is a developer and Berk Cengiz is a CTO project. Behind these great professionals and experts, there is an advisory team that makes such a project possible.

CONCLUSION

The Elementh ico is very valuable to both the seller and the customer. This platform uses the most advanced technology to make e-commerce world more accessible and convenient. The company was launched with a mission to provide a robust infrastructure for the e-commerce industry and has bridged the gap between sellers and customers. Are you an online shopper? Who is not in the digital age today. Experience clever e-commerce shopping by tracking your product and paying only when you receive the expected product. Elementh will digitize all items by creating each product's digital ID and supporting integrated product cards and ownership transfers. This platform will transform the e-commerce industry by making it smarter using this digital platform.

ELEMENTH ROADMAP