Apollox Revolutionized E-Commerce System

depedro (43)in #apollox • 6 years ago (edited)

The trading and shopping method of people has been changed through the advent of the internet as the world is going digital, many industries which are parts of our everyday life are moving with it.

Nowadays, online shopping is the trendy way by which users or individuals get a desired product or service without the normal "going to shop in search for it", where the customer purchases a product without even seeing it, they shop for their desired product and even pay for it online and thereafter get the product delivered to them in form of a parcel.

This is a big break in the shopping industry as the shopping of products are done without stress.

But despite all these benefits, the online shopping is still flawed to some extent.

Sometimes, while trying to purchase a product online, the users or customers end up getting scammed thereby losing their money to thieves and dishonest traders.

In some cases, the customers receive damaged items or products which might have been damaged in transit or from the warehouse it was delivered from.

But the #Apollox e-commerce system has seen the need to bring the online shopping industry above these limitations and challenges.

THE APOLLOX E-COMMERCE SYSTEM

This is a decentralized platform which is meant to provide long-lasting solutions to these shortcomings and problems encountered in the online shopping industry.

They plan to leverage the use of the blockchain system and its technologies to achieve this.

The Apollox e-commerce platform has certain features coupled with its decentralized nature which helps to achieve efficiency in its operations in order to satisfy the users or customers and to create an avenue for an interesting as well as beneficial online shopping experience.

PROBLEMS THAT WILL BE SOLVED BY APOLLOX PLATFORM

Apollox e-commerce platform as a fully decentralized platform will provide the solutions to the problems faced in online shopping and the setbacks in the centralized platform.

It will give solutions to problems like;

Unnecessary and excessive spending on advertising which is done on the centralized system.
The presence of middlemen and mediators as they will also require their own fee in the centralized system.
Excess charge on commission which is the order of the day in the centralized market.
This does not favor both the buyer and the traders as the trader is forced to raise the price of their product in other to avoid loss, and the buyer is forced to buy at a very high rate.

But Apollox will operate without the presence of the mediators or intermediaries in order to ensure that the buyers get the products at a moderate price.
It ensures that decentralization is maintained in the system.

With the help of the blockchain smart contract, Apollox will prevent fraud or scam and ensure that the payment for goods is done effectively with a third party insurance.

APOLLOX TOKEN

The Apollox token (APXT) is a utility token used on the Apollox system for giving incentives, loyalty rewarded and carrying out transactions on the system e.t.c.

Team

CONCLUSION

Apollox will curb the shortcomings that are present in the online shopping industry and make sure that the customers get the desired service and the traders do not run on a loss.