CHIMPION: A Payment System For E-commerce Services.
The E-commerce system is a kind that connects supplier to the demands through the internet. People does shopping through the internet, look for the types of product they want to buy and may through the electronics means. Chimpion has came up with the idea of introducing blockchain into this ecosystem in the sense that blockchain is more secure, transparent and support fast transaction. So today, am going to talk about Chimpion and their impacts on the economy at large. Chimpion aims is to promote the uses of cryptocurrency in e-commerce activities whereas people can buy a goods with cryptocurrency and the platform selling the goods will accepts cryptocurrency.
WHAT CHIMPION IS REALLY ABOUT?
Chimpion is a platform that aims to revolutionize the e-commerce ecosystem by implementing blockchain technology and the uses of cryptocurrency in the system. So therefore, people can do shopping with the cryptocurrency in their possession. Chimpion platform will be helpful to all the party involved in e-commerce activities, i.e the purchasers and the sellers can deals using cryptocurrency.
HOW COULD CHIMPION ACHIEVE THIS
The infrastructure the conventional e-commerce system require is quite different from that of blockchain that utilizes cryptocurrency. Chimpion implement a blockchain infrastructure termed E-trade which serves as technology that will make the uses of cryptocurrency possible for payment while shopping. The Chimpion platform will have a wallet where people can store their token which will be used for purchasing goods through the space.
BENEFITS OF CHIMPION
Chimpion platform want to ease e-commerce activities by introducing a token which will be used generally across this ecosystem. The token is CHIMP; this token will be used to order for any product of our choice and the merchant will also accept the token from their customers. This will reduce the stress of currency indifferent or conversion from one currency to another another especially when we are from different country, i.e a man from Brazil that uses pounds (£) will have to convert his currency to dollar ($) if the merchant is a citizen of USA that uses dollar as their official currency.
There has been some issues of lack of trust in the conventional e-commerce system, but Chimpion being a blockchain based platform will promote transparency, there won't be issue of cheating as everything is decentralized and users are in control of every activities while Chimpion serves as a pillar between the purchasers and the merchants.
Chimpion also schedule a reward pool for the users of the platform; those buying and selling through this platform will attracts a bonus which will be paid in BNANA token.
There won't be delayed during transaction because the platform make uses of smart contracts which we secure transaction between the purchasers and the merchants.
IN CONCLUSION
The Chimpion is bringing new life to e-commerce ecosystem; it is also modernizing and securing its environs. The Chimpion will serves as a payment system for e-commerce activities, making deal secure and faster. The Chimpion project is very important because it is going to bring volatility into the crypto market because the Chimpion platform not only accept CHIMP token but other types of coin and token. Join this project let take it to higher dimension bringing a new economy to e-commerce ecosystem.
GET MORE INFO ABOUT CHIMPION FROM ANY OF THE BELOW OFFICIAL LINKS;
Website: https://www.chimpion.io/
Whitepaper: https://www.chimpion.io/whitepaper/
Telegram: https://t.me/chimpionio/
Facebook: https://www.facebook.com/Chimpionio/
Twitter: https://twitter.com/chimpionio
This article was written by Roman
Bounty0x Username: Romanbank