KART BLOCK

ololatide (11)in #cyptocurrency • 8 years ago

The Kart Block ecosystem is the turning point to the conventional marketing and sales industry where the primary focus was limited to product promotion and ad-revenues.

Kartblock connects people all around the world, trade goods without intermediaries, send and receive funds effortlessly. Kartblock marketplace will allow vendors to sell direct to customers with cryptocurrency. Being pioneers in the eCommerce industry and operating a successful online marketplace in one of the largest eCommerce markets in the world, they have created a more robust and a global borderless platform that accepts tokenized payment solution. their vision is to revolutionize the eCommerce industry with Blockchain technology and empower the buyers and sellers with unrestricted transparency

eCommerce is a massively capital-intensive game. Problems of trust and transparency are almost always persistent, even when the best intentions are there, these problems can be eliminated by the Kart Block ecosystem. Through a decentralized architecture, every information is made transparent to all parties and insights are intimated so that the users can make the most informed decision possible.

KartBlock Ecosystem

The Kart Block ecosystem at its core is a combination of e-commerce platform, digital wallet, and Tokenized reward mechanism. A simple yet powerful idea behind this ecosystem is directly rewarding the customers/users for their valuable contribution to the Kart Block platform, without the need for any middlemen.

HOW IT WORKS

DApp is an abbreviated term for Decentralized Application. A decentralized application has its backend code running on a decentralized peer-to- peer network. This gives DApps substantial advantage over the applications where backend code runs on centralized servers.

kart Block aims to bring radical transparency in the e-commerce economy. The underlying blockchain technology guarantees visibility of the activities, transactions, and any data flow through the system

Blockchain technology has already begun to change the face of the internet and our online interaction. The current global e-commerce industry has allowed exponential growth of the business and provided numerous opportunities to the users worldwide.

Core Technology

Kart block ecosystem can be divided into two par

Centralized Ecosystem: The centralized layer of Kart Block ecosystem will govern its Android & iOS app, and its website. This layer will run over the base layer, i.e., blockchain layer. For proper functioning, maintenance, and updating of these interface systems, they are kept under the company’s control, and open-ended development will be allowed in the future.

Decentralized/Blockchain Ecosystem: This will be core-soul technology layer of Kart Block ecosystem. This layer will be powered by the Ethereum blockchain network and native tokens will be standard ERC20 tokens. This layer will handle and record the payments, transactions, smart contracts, data verification, etc. through Hyperledger.

KartBlock tokens

The Kart Token is the native Blockchain currency of the KartBlock ecosystem. It is based on the ERC 20 algorithm and protocol. The Kart tokens will be sent, received, and stored via kart Block wallet of the user.

Token symbol: KART
Smart contract: Ethereum ERC 20
Token type: Utility
Token price: 1 ETH for 14,925 KART + applicable bonus
Minimum purchase: 0.01 ETH
Hard cap: 26,800 ETH
Token supply: 1 billion in two phases
ICO status: Private sale live with 60% bonus