ELEMENTH AS A CHANGING TOOL

in #blockchains7 years ago (edited)

Elementh is a "blockchain for e-commerce which is a register of ownership of goods with the ability to write specialized smart contracts and use of the nomenclature standard to quickly create various decentralized and centralized e-commerce" by http.//icobench.com/ICO/elements.
Elementh (ETH) was chosen by insertICO as one of three(3)interesting ICOs this week. ETH has it own system of goods which can be used in a large number off applications for example tracking of goods movement, identifing if the product is original and even determining the counterfeit product.
download.jpegOne of the key features of ETH is the ability of a unified nomenclature to ensure merchandise cards are as complete and accurate as possible.
The originality of the goods can be identified because gods in the system are of copy and it has its unique serial number and any DApps can notify the buyer that the origin is known or unknown.
One of it advantage is that a small store owner who just learn about ETH blockchain and the opportunities it provides can just tap to this trending opportunity. By this he or she can have access to unlimited number of buyers there by increase his rate of turn over. The issue is that he will sell his product quick and reinvest his profit and now his is reaching more buyer.
ADVANTAGES
Searching for goods become easy- with the help of ETH blockchain, search for goods become easier and accessible to buyer and general public.
Tracking of goods movement. This is now easy with ETH blockchain and finding suppliers and volume of goods you need is easier.
Decentralizion of market. In this case, one don't need to go to a particular place before transaction can take place.
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ELEMENTH2018

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