APOLOX -REVOLUTIONALIZING THE E-COMMERCE MARKET

Before the advent of online business, business transactions were handled physically and it was a different trading experience totally. This type of trading one on one gives the opportunity for the buyers to do a thorough inspection of their goods before purchasing. The rise of on-line searching giants within the last two decades is profound. Thus, numerous individuals have grasped the utilization of online business in the different types of exchange as it is less stressful.
However, the centralized nature of the trade creates issues that can’t be really solved if the system stays centralized. Some of its shortcomings are-
• increase in the amount of goods and services bought
• mismanagement of customers data
• lack of trust
• monopoly of e-commerce business

All these above challenges mentioned is what APOLOX is aiming to solve using the mechanism of blockchain to build a decentralized marketplace for buyers and sellers, such that payment issues are resolved and the quality of products is guaranteed. The emergence of blockchain technology brings a whole new system and model for businesses.
The goal of decentralization within the e-commerce trade is to create a system that edges the sellers and consumers equally and conjointly place a superb user expertise over profits.

APOLOX

ApolloX is a project that has the aim to golf shot the ecommerce trade on the blockchain. It is a blockchain solution for online e-commerce with a huge number of current participants and mainstream adoption. Its aim is also to disturb the current online marketplace landscape and become sellers first choice of online channels globally, particularly new sellers with cross border selling needs. Present marketplaces or shops can also decide to move their business to ApolloX platform to reduce cost, quicken customer acquisitions and better brand recognition.

ApolloX Usecases
• Decentralised Marketplace
• Independent stores
• E-Commerce Services

FEATURES OF THE APOLOX PLATFORM

Payment protocol-
This payment protocol will be used for all transactions relating to payments between buyers and sellers. This protocol is also in charge of outsider insurance as well as the possible exchange of fiat currency to the cryptocurrency used by the platform.

Blockchain technology-
With the help of the blockchain technology, complete decentralization, smart contracts, proper recording and security will be achieved.

Arbitration protocol-
The Arbitration protocol was created to solve disputes or conflicts that may arise between merchants and their customers in the process of purchasing goods. The disputes will besolved using a Deposit-Challenge-Vote system where one party can open up the case by depositing a small amount of ApolloX token and the opposite party is also expected to do the same and both of them providing their own argument.

Attribution protocol.
The Attribution protocol is responsible for traffic control which is a big factor in the success of e-commerce platforms and will be maintained properly on the ApolloX platform. This protocol will also make sure that data such as advertisement data meet required standards at a cheap price that can be seen transparently by the merchants and their customers.

Data security and control
Numerous data is generated on a regular basis on every e-commerce platform that if not properly protected can fall into wrong hands. ApolloX platform will avoid this by creating a data protocol that is permission enabled and fully encrypted. This encryption makes it possible for only users with the passkey to access them i.e. completely safe with users getting to be in charge of all activities of the platform including their data.

THE TOKEN(APXT)

The APXT token is the main element in the operation of the ApolloX ecosystem. It serves as a tool for management and promotion, with it, go through all transactions. APXT has many additional functions that ensure its volatility and further demand in the future.

Token details

Token
APXT
Price
1 APXT = 0.0055 USD
Bounty
Available
MVP/Prototype
Available
Platform
Ethereum
Accepting
ETH, Fiat
Soft cap
6,000,000 USD
Hard cap
14,000,000 USD

ROADMAP

TEAM AND ADVISORS

ADVISORS

CONCLUSION
Going through this article, you can see that
ApolloX has the capacity to challenge the current virtual marketplace system and be the first choice of virtual mediums to sellers worldwide, most importantly, new sellers who have international selling demands.
Thanks for reading!!!

FOR MORE INFORMATION ABOUT APOLLOX, PLEASE VISIT ANY OF THE BELOW OFFICIAL LINKS:
Website: https://www.apollox.network/
ANN Thread: https://bitcointalk.org/index.php?topic=4650252
Telegram Group: https://t.me/apolloxgroup
Twitter: https://twitter.com/apolloX_network
Facebook: https://www.facebook.com/apolloxnetwork/
Whitepaper: http://www.apollox.network/downloads/ApolloX_whitepaper_v1.0.pdf
Writers Information:
Writer's Bitcointalk Username: Pweedy
Writer's Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2231370