AIGO - Transforming E-commerce Through The Blockchain

adekogbe (53)in #blockchain • 5 years ago (edited)

Introduction

Over the previous decade, E-commerce has assumed a fundamental job in our lives however clients are still experienced with issues of cost, protection, and security.

Cryptocurrencies on the other hand is an imaginative technology with perpetual potential applications to genuine situations, invention of cryptocurrencies has coincided with the era of the blockchain technology and decentralization.

Right from the beginning of time, technology has been growing, the use of the internet has grown tremendously since it was first invented and ecommerce has proven to be one of the biggest revolutions on the internet.

E-commerce is a multi-trillion dollars market. The e-commerce industry, has changed the way buying and selling as we know it is done in the 21st century. Now people can purchase nearly anything on the internet without leaving the comfort of their homes, from their basic daily needs like groceries, clothing to bigger and more sophisticated products.

Ecommerce is a worldwide market presently with no known bounds but it is not a market without some pressing challenges. One of which is in the form of payment gateways.

Problem Statement

The size of the ecommerce industry is very large and while there are obvious big players like Alibaba, eBay and amazon, there are millions of other smaller players like dropshippers, affiliate marketers, advertisers, influencers, private brand owners etc.

These smaller players account for billions of dollars in transactions exchange and they are at the mercy of companies like PayPal, stripe, fluterwave for their payment gateways.

The present payment gateways while helping traders claim the payment for their goods and services, this are centralized companies with the sole aim of maximizing profits, which means they also charge users high fees and often involve long complex processes and documentation to setup.

Blockchain and Cryptocurrencies potentially provides the most obvious solution to the existing problems and while some cryptocurrency projects have attempted at providing solutions, most of them are inadequate in the solutions they provide with other problems arising like partial centralization, security, transaction speeds and more.

AIGO Pay is the solution that the e-commerce industry needs.

AIGO

AIGO is a blockchain based project that introduces the much needed payment gateway solution that has been lacking in the e-commerce ecosystem. There is a need for a payment solution that is decentralized, incentivized, user friendly, has high speed transaction capabilities and is also completely secured.

AIGO powered by the Blockchain is a fully decentralized platform that provides these revolutionary payment solutions to the actors in the e-commerce ecosystem. This payment solution is powered by artificial intelligence to facilitate both peer to peer and business to business transactions smoothly.

Credit cards are the most common and widely used methods of making online payments today. The Blockchain innovative as it is has to seamlessly be integrated with the credit cards payments for any blockchain based payment solution to be successful.

By doing this the present users of credit and debit cards will have the same ease of making payments across all digital platforms albeit in a more secure, transparent and more economical system powered by the Blockchain.

AIGO provides services that embrace numerous crypto networks, AI payments connect directly with retail owners, without experiencing intermediaries and others,AIGO constructs a payment system by connecting credit cards and blockchain technology, this will include wide flexibility regarding payment, nowadays, the business world needs a complete payment system, unite with AIGO which expands your payment choices.

With AIGO, gone are the times when purchasers and traders have to pay expensive rates when making and redeeming payments and making conversions across different fiats with high exchange rates.

AIGO is designed to create the best experience for its users with all its on-chain and off-chain components. This are the core aspects of the AIGO ecosystem all which put together provides the revolutionary e-commerce payment gateway.

AIGO Components

1. AIGO-Chain

2. AIGO-Card

3. AIGO-Wallet

4. AIGO-Store

Token Details

The platform native cryptocurrency is the AIGO tokens which is a cryptocurrency built on the ethereum ERC 20 smart contract. This tokens will be used as a means of transacting on the AIGO decentralized ecosystem.

Token Ticker: AIGO

Blockchain: ERC20

Total Token Supply: 1,000,000,000 AIGO

Token Sale Softcap: $400,000

Token Sale Hardcap: $3,000,000

Conclusion

The AIGO ecommerce payment solution is a project that is much needed and is also entering into a market that has enormous opportunities. By integrating together both on-chain infrastructure with off-chain components which are already in use by users all over the world, AIGO is making this blockchain solution as consumer friendly as ever.

The team is an experienced one and the token sale structure is also set in a way that is not overly expensive like other similar projects. All round, this is an amazing project and i am confident it will be a success.