Revolutionary Approach Toward Independent Building That Will Provide the Revival of Cards in E-Commerce: APOLLOX

in #apollox6 years ago (edited)

In recent times, e-commerce has become an ideal virtual environment for trading merchants and customers to trade goods and services. For large companies, small and medium-sized companies are predominantly aimed at reaching new customers while meeting the need to compete more effectively with electronic commerce competitors. Even with the successful integration of the e-commerce platform with the company's home page, there are serious barriers to customer participation because many cannot be sure of the reliability of the payment system offered on the website.
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At the same time, the e-retail industry has made giants such as Amazon and Walmart come in front of long-standing competitors, which has added additional commissions to the basic retailer's wages. In this context, Apollo X provides easy access to the market for small and medium-sized companies (SMEs) and aims to bring together global market participants and small and medium-sized retailers. ApolloX also offers a comprehensive model that will not only benefit from current market inefficiencies but also create the ApolloX Protocol and create a decentralized market for e-store convenience.

Secure transaction: Apollo X Protocol

The reliability of data warehousing and procurement protection is two key factors to consider when setting up an e-commerce marketplace. To enable all options for digital transactions and secure sensitive issuance, ApolloX will use the in-house protocol.

In general, the ApolloX Protocol will consist of four modules. The Attribution Protocol will manage the flow of data between sellers and publishers and will continue all activities related to advertisements.

The Payment Protocol will ensure P2P transactions that prevent any fraudulent activity. Payment transactions with APXT tokens will be protected by a smart contract system. However, price transactions can also be accepted. The protocol will also handle shipping activities so that vendors can offer a variety of delivery options. This option may be interesting for international vendors and customers who buy products from abroad. So, if a customer wants to wait a little longer for the goods to be delivered, the price will go down. If a dispute arises between the stakeholders, one of the parties may bring an action to be resolved by the mediators. To this end, Apollo X has drafted the Arbitration Protocol and relies on the "Deposit-Mutual Voting" system.

Finally, the Reputation Protocol will maintain the quality of the reviews provided by the clients. Apollo X Oracle Protocol will handle logistics and advertising data.

The Apollo X Protocol will help businesses encourage them to buy from e-stores. So, by implementing ApolloX technology, vendors will market independent websites in the blockade. This not only guarantees customers' data protection, it also helps them learn more about brand preferences and consumption models. Because brands can provide access to customers' shopping profiles, so customers can earn financial prizes.

APXT token information and ICO Details:

Except for the basic purpose of procurement of goods and services, APXT tokens will be used as an operation unit in loyalty and reward programs. In this case, tokens can be used to receive money orders. Apollo tokens will be used as a payment instrument for logistics services. In addition, supporters may use translation, marketing activities, etc. for the services they give to the seller. they can get a token for. Users will also receive a certain amount of tokens to create a shopping account and share shopping histories. The token holders who retain the token assets for a certain period of time will receive a Premium Status.
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The public sale will start on 1 October and end on October 15, 2018. The adoption of advanced digital technologies is a part of the process that aims to integrate with e-commerce markets. A blockchain-based application developed by ApolloX is not limited to any particular level of the e-retail value chain. On the contrary, secure payments, marketing strategies, loyalty programs, etc. can be used for a wide variety of processes.

It's no surprise that the ApolloX plant launches the ApolloX Marketplace, which is run entirely on-premises infrastructure. The marketplace should become the center of a decentralized e-commerce network that offers secure transactions, loyalty programs, post-purchase services and advertising. Among the large-scale development plans, in particular, Shopify and Magento, there are elaborated extensions to integrate with different platforms.

Summary

The ApolloX platform encourages ease of trade, convenience, customer confidence and cross-border trading in the e-commerce sector. By eliminating the difficulties and problems that accompany the centralized system through a decentralized platform,

TEAM
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Useful Links

Project Website: https://apollox.network/

Whitepaper: https://apollox.network/whitepaper

ANN Thread: https://bitcointalk.org/index.php?topic=4650252

Telegram Open Chat: https://t.me/apolloxgroup

Blog: https://medium.com/@apolloxnetwork

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