Blockchain can empower e-commerce start-ups: ApolloX is a pace setter

kryptarion (57)in #blockchain • 6 years ago

Everyone understand now that e-commerce is the new way to trading and exchange

People can now easily perform transactions online. E-commerce offering speed, ease and convenience to customers through online shopping platforms, people are ready to embrace it. Online shopping allow people to buy and sell things comfortably anywhere and at anytime. But with the goodies come with some customer related concerns like security of customers' identity and information.

Also the e-commerce industry is plagued with plenty problems such as lack of trust by buyers concerning the products they want to purchase. This is largely due to some sellers willing to scam the customers or deliver fake goods, also there is a huge gap caused by lack of transparency about how the buyers will get their goods which is a concern as well as massive charges placed by some e-commerce platforms

The blockchain which is the only technology that supports most cryptocurrencies, offers the industry an alternative that can improve the status quo on two different fronts. The first is the issue of centralization, a problem blockchain resolves simply with the way it’s built. The second is more practical, as the technology’s decentralized and disintermediated model allows for the creation of security systems that take advantage of these features to create more optimized paradigms for cybersecurity, reliable and transparent platforms

A design of seamless experience

ApolloX blockchain platform has identified the security problem and plenty other ones and is providing solutions. ApolloX is an innovative new decentralized platform that will use the blockchain technology to secure customer data, facilitate e-commerce transactions, and drastically change user experience.

ApolloX is a project created by blockchain, cryptocurrency and e-commerce experts and specialists to offer people better opportunities. E-commerce as we are aware is a modern day result of long years of evolution of commerce. Exchange and trading transactions has changed from usual physical thing to what now happens online.

The primary reason why ApolloX platform was created is to revolutionize the entire Ecommerce industry by improving the security and creating a brand new and unique user experience. ApolloX will be the first Ecommerce platform to combine many different amazing features that are necessary for the improvement of the industry - integrating blockchain to store all customer data securely and using technological advancements such as Data security and control, Payment protocol, Arbitration protocol and Attribution protocol
to help differentiate ApolloX from competition in terms of user experience.

The Apollox project aims to utilize smart contracts and a community arbitration protocol to enable users know exactly who they are doing transactions with on the other side without the interference of a middleman. Another issue of data access that needs to be resolved for Apollox. The project is going to provide solution to this by allowing consumers to have access to their own data and to control who has access to this data.