MULTIVEN: BLOCKCHAIN BASED MARKET PLACE FOR BUYING AND SELLING OF DIGITAL GADGETS

olyonyeka (47)in #blockchain • 7 years ago

The need for the internet can not be over looked. The internet can be seen as a worldwide interactive platform that enables connectivity between humans globally. It is a framework that links blockchain nodes and through which all blockchain activities takes place an therefore globally accepted that without the internet, there will be no blockchain.

Generally, wherever there is growth, there is also a threat. The growth and expansion of the internet and decentralised digital form of money such as Bitcoin has been perceived by powerful governments and financial
corporations as a threat and might likely cause a cyber attack to compel the centralisation of the active nodes and this will lethally undermine the network of bitcoin.
With this in Mind, MULTIVEN was establish to be the first autonomous supplier of decentralized programming to ensure uprightness and digital protection for all internet networks.

INTRODUCING MULTIVEN OPEN MARKET PLACE (MOM)
before i indulge us into what MOM is all about, lets watch the explainer video below;

The Multiven Open Marketplace was established in 2005 by Peter Alfred-Adekeye (Cisco Systems’ former Technical Leader for IOS. The services of the company is fueled by 1200 Internet network experts, security researchers, cryptographers and distinguished engineers in 55 countries, called “Pingsta” which is a subsidiary of multiven and Artificial-Intelligence mySolvr. look up (www.pingsta.com) for more details.

Multiven Open Marketplace(MOM) can be described as the Worlds first blockchain market place powered by smart contract that enables buying and selling of internet and networking equipments such as smartphones, computers, firewalls e.t.c on a peer-peer level without third party using a single currency Multicoin. It is aimed at reducing the high cost of buying and selling of telecommunication equipments and gadgets by eliminating intermediaries.

MULTIVEN MARKET PLACE
Multiven’s marketplace will be ERC-20 flexible and based on the ethereum blockchain. It will be at the focal point of another biological community, bringing each dynamic element from the equipment, programming and support administrations industry in one stage all together to execute and share learning in a decentralized distributed way. The Multivenmarket place will likewise enable private customers to enroll present and old gadgets from their framework. Enlisting all gadgets will enhance straightforwardness and security while making a fluid second hand advertise with the goal of driving costs essentially lower and breaking every current imposing business model while advancing imaginative new methods for distributed utilisation.
Multiven is focusing on two kinds of market:

First hand/Brand new market: Incorporated around Digital manufacturers (Hardware and Software) offering equipment and programming licenses, at managed costs just by means of a handpicked choice of channel "wholesalers" who pitch to "approved affiliates and accomplices" who thus pitch to corporate, retail, government and Telecom organizations.
Second hand market: Involves going through countless affiliates and merchants. The market has in certainty stayed undiscovered because of the nonappearance of an imaginative deals channel, associating gatherings to purchase and offer hardware. Moreover, most medium to substantial corporate firms and Telecom organizations have a high stock of decommissioned, unused/like-new or undesirable equipment (router, switch, server, processor etc) and programming, all accessible to be monetised.
THE MULTIVEN OPEN MARKETPLACE - MOM ECOSYSTEM