Elementh:simple authentic

INTRODUCTION
Elementh is a Blockchain designed for the e-commerce sector. Elementh is the name of a Blockchain company which offers solutions for e-commerce business. The main idea of Elementh is to offer a Blockchain register of ownership of goods and the ability to use smart contracts to sell them. This will enable the company to use Blockchain technology to improve their businesses. The company also offers the ability to create several decentralized and centralized applications to be developed by third-parties and used by the e-commerce companies. Elementh's goal is to create an alternative protocol for the development of decentralized applications used by e-commerce, providing a standard quality nomenclature, guaranteeing ownership of a particular product and the ability to create specialized smart contracts for e-commerce.

Goods System

Along with the token system, Elementh has a system of goods, which can also be used in some large applications, such as searching for the specific movement of goods from its creation to the present, searching for genuine goods and detecting counterfeit goods. . In contrast to the token system, the goods system also provides the power to "remove" specific products at specific addresses, which indicate all possible item data (such as name, manufacturer, barcode, etc.).
If the identical item is already in the blockchain, the publisher will also receive a message about it, and he will also have a chance to show you what items want him to "show". When an item has a serial number, you can be sure when the transfer operation is done.
To provide protection for the forging data, only the hash of the serial number is decided in the system, therefore only the person who knows the initial number has the power to conduct a valid transaction. With no serial number when the item "ejects", the system generates it randomly and the holder can use it to identify the specific item by printing the QR code on the packaging, write it in the RFID tag or perhaps with an easy different step.

Nomenklatur Unified Goodsmore
One of the most important features of Elementh is the existence of a uniform nomenclature. To make sure that the item 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 also be different.
To create merchandise cards, participants must pay, for example 1 EEE (the price will also be set by selecting a delegate). When the person has given the item to the system, he is offered to use an existing card or create a new one. Existing card usage is 100 times smaller than the new one (eg 0, 01 EEE).
The card holder receives the gift for each who owns the goods that wear the card, and to do transactions using this card. Each participant in the system can complete the info on the card, and the cardholder can accept or reject the suggestion of the change.
Competitors
An immediate competitor of this project is an on-line B2B e-commerce project, such as Indix. In this segment, innovative Elementh projects use Blockchain and can be used by decentralized markets that use crypto for internal payments.
There are also some Blockchain bases for Ecommerce so competitors for Elementh, for example VeChain, INS Ecosystems, Connectius, Flipz, StopTheFakes, and so on. Interestingly, some of them are niche products, and they are not really infrastructure bases but just applications for smart contracts for e-commerce.
We think Elementh has more infrastructure projects and can be used by different markets and bases. Beyond that, the need for Elementh is a great experience in B2B E-commerce market starting from 2012 as well as efforts working with true customers.
Different markets are also the type of competitors for the Elementh project, because they can be developed without Elementh and in this case they will also work in the same market. This is so necessary for Elementh's team to gain partnership with all of today's decentralized markets that have worked or will also start as soon as possible.

PROBLEMS FACED BY E-ECOMERCE

1. One of the most important obstacles is the non-transparency of information and the complexity in obtaining it. The sheer number of e-commerce participants (brand, manufacturer, distributed retailer, delivery, consumer and regulator) creates the necessity for constant data exchange. In addition, different participants of this market commonly require different parts of the data. That is why, in processing this information, it is always necessary to do the same work many times, which leads to high processing costs, data duplication and loss or partial change of this data. It allows harmful participants of the market to carry out fraudulent schemes, such as fakes, counterfeit, evasion of taxes, illegal import/export, etc.

2. Lack of a unified standard. E-commerce market was formed arbitrarily. The more it grew, the more traditional companies were engaged in online trade. Unfortunately, lack of unified regulations and standards led to chaos in offering products on the market. The same goods in Internet shops, even within one country, have different names and categories. It causes difficulties not only for the final customers, who need to spend considerable time comparing offers from various Internet shops, but for B2B sector as well. Retailers examine offers from various suppliers with a fine-toothed comb in order to find the best deal. It is so due to different formats of data on stock and goods. Marketplaces invent high priced solutions to match goods from the supplier whose data they collect. In such cases, these solutions are a serious restraint for connection to the marketplace.

SOLUTIONS ELEMENTH AIM TO PROVIDE.

One of Elementh’s main objectives is to implement the blockchain technology into e-commerce. In setting this kind of objective, Elementh aims to fully utilize the advantages of the technology and make e-commerce as efficient as possible. Step-by-step introduction of the blockchain technology into trade will promote global expansion of Elementh. This combination does not require a drastic change of business processes of the market participants.

We have been actively participating in the e-commerce market since 2007, creating the project Miiix [1] in 2012. Its main goal is to standardize nomenclature in the e-commerce market. For six years, we have been helping online retailers to compare millions of goods from thousands of suppliers. Owing to our algorithms based on the use of machine learning, we can automate hundreds of processes to update real-time supplier stock data. Indeed, we have changed immensely since 2012 as a result of both cooperation and feedback from several thousands of retailers, marketplaces, distributors and manufacturers from different countries.

More Info:
Website:  https://elementh.io
Whitepaper: https://github.com/ElementhFoundation/Documentation/blob/master/ElementhWhitepaperEN.md 
ANN: https://bitcointalk.org/index.php?topic=2590603.0 
Telegram:  https://t.me/elementh_community 
Facebook:  https://www.facebook.com/Elementh-1371154296341075

Twitter:  https://twitter.com/Ahooleeman 

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My bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1140838