"Blockonomics" ICO LIVE!

 

Blockonomics?

Blockonomics is an industry-leading payment processing system for merchants accepting bitcoin. The purpose of Blockonomics is to provide users with truly decentralized, reliable and secure, completely hassle-free, straight-line payment solutions for BTC wallets.Blockonomics is a decentralized bitcoin payment solution where the platform services improve the functionality of the wallets you already have. The purpose of the platform is to continue to allow users to directly accept bitcoin, be it billing, receiving donations or running an e-Commerce store.Blockonomics is a solution that provides specialized transaction tools that improve the use of BTC. Payment allows you to easily accept BTC payments in your WHMCS installation. There are no security risks; payments go directly to your own BTC wallet. The full verification process takes place on the Blockonomics website. All major HD wallets as well as all major currencies are supported. No API key approval required, installation is quick and easy.Blockonomics guarantees the absolute absence of intermediaries, the lack of access to users ' private keys, the absence of KYC / documentation and direct and instant payments and e-Commerce donations to any SegWit wallet or SegWit.

 Problems of Using Bitcoin in E-commerce:

Most retailers today are not comfortable in providing Bitcoin as a payment option and on the other hand customers also do not prefer to use Bitcoin for payments. This is due to the following reasons:• The volatile nature of Bitcoin imposes a risk of loss to the merchants. The everyday price fluctuations of Bitcoin may result in huge loses to the merchants.
• It was reported in 2017 that the transaction fees for Bitcoin was much higher than the traditional platforms like PayPal. This became another reason for the merchants to avoid Bitcoin payment options and retain the customers.
• Many cryptocurrency users treat cryptocurrencies as an asset and do not use it for making purchases. 

 Bitcoin on E-Commerce
As Bitcoin becomes more ubiquitous, merchant interest has grown rapidly in the world’s
#1 cryptocurrency as a payment method. There are countless reasons for the spike in
interest:

• Reduced Fraud: Due to the write-once nature of the distributed ledger, the
  cryptocurrency transaction is irreversible.
• Border-free Payments: Wherever you have unrestricted Internet, cryptocurrencies are
  available.
• No PCI Concerns: Unlike credit cards numbers, Bitcoin account addresses are public by
  nature.
• Lower Fees: A small fraction of each cryptocurrency transaction paid by the sender is
  paid back to the network.
• Privacy: With the General Data Protection Regulation (GDPR) in the EU and the recent
  fallout from Facebook in the United States, customers are more sensitive to their privacy
• Overstock.com: The first big online retailer to start accepting Bitcoins
• Expedia: One of the largest online travel booking agencies worldwide.
• eGifter: eGifter is a popular gift card site and mobile app that lets users buy gift cards
  for all sorts of places, including Amazon, JCPenny, Sephora and more.
• Shopify: One of the world’s top E-commerce platforms allows shops to sell their
  products similar to Etsy or eBay.

 However, some merchants are still skeptical regarding the adoption of Bitcoin as a
payment method. Below are the more fundamental explanations of this attitude:

1. Scalability: Despite cryptocurrency’s growing user base and hype, most distributed
   ledger networks are still in its infancy. Even Bitcoin, the first and most popular
   cryptocurrency, can only reasonably process a handful of transactions per second - a far
   cry away from services such as Visa that handle 2,000+ transactions per second.
2. Price Volatility: Bitcoin is a new asset class with growing user base, but a fair market
   value is difficult to be understood. Combining this with an unregulated marketplace that
   consists of novice investors, the results lead to significant price volatility.
3. Customer Service: With a more steep learning curve for buyers, supporting an
   additional payment option in checkout can create complex and confusing customer
   inquiries.

The value of Bitcoin in the field of E-commerce and online payments is promising, after all. Whether the ease of money transfer, less paperwork involvement, highly secure, the efficiency of currency type transfer from one to another, or other abovementioned benefits over traditional money transfers; digital currencies like Bitcoin are helping both private users and online merchants to experience a whole new world of monetary exchange with complete ease.The Benefits of Bitcoin as a Payment Option
There are many unique benefits of using Bitcoin as a payment option over credit cards, PayPal, and other methods ;

• Freedom in payments
  There is no restriction on the amount of money sent globally and instantly. Users do not need to be over 18, or live in a developed economy, have a regular income, or even have an ID.
• Low transaction fees
  Digital currency users enjoy zero or low transaction fees compared to other online payments methods, such as PayPal, Western Union, and credit cards. In fact, Bitcoin fees are significantly low (between 5 to 10 cents of the US dollar), while transactions fees via other methods like credits cards, PayPal, and Western Union in some occasions may reach the level of 9-10% of the transaction.
• No chargebacks
  Credit cards chargebacks is a scenario when the buyer disputes the transaction in a case of a defective product or any other possible reason. Merchants are losing a considerable amount of money at the end of each financial year
• Speed
  Another significant benefit of using Bitcoin is that Bitcoin transactions are confirmed very quickly, in a matter of seconds or minutes, as opposed to days as with banks. This speedy verification is essential for small and medium businesses, which require a steady cash flow to maintain their operations.
• Global Access
  There are many countries around the globe where PayPal is not supported, among them Iran, Afghanistan, North Korea and Haiti. While PayPal does not deal with these countries due to mostly political reasons, Bitcoin does not discriminate in such ways and all that is required for access is hardware and a data connection.

There are many countries around the globe where PayPal is not supported, among them Iran, Afghanistan, North Korea and Haiti. While PayPal does not deal with these countries due to mostly political reasons, Bitcoin does not discriminate in such ways and all that is required for access is hardware and a data connection. 

 TEAM
Team is a good mix of experts from different fields.There are experts in business administration and mechanical engineering as well as software development and finance.All important employees can look back on a long and successful career and bring the necessary experience to the company. 

 

Rodmap

1.September 2018 More e-commerce integrations — Shopify, OpenCart, ZenCart, Wix etc.

1. December 2018 BlockExplorer and blockchain improvements — Accurate confirmation estimates for mempool transactions. Graphs and charts to keep track of blockchain data.
2. March 2019 Native altcoin support for Litecoin, Ethereum, and Bitcoin Cash — Enhance the customer experience by accepting altcoins payments together with Bitcoin. Track all coins from same dashboard.
3. June 2019 Lightning Network integration — Easy integration to receive Lightning Network payments on your website. Receive payments as low as 1¢ without any overhead.
4. Nov 2019 Zero confirmation payments — Accept zero confirmation payments using our special API that detects possible double spends with high accuracy.
5. April 2020 Send API with multisignature wallet — Secure and robust API to programmatically send crypto payments.

 

Token Sale

Key Details about BCK tokens: Customers can use BCK tokens to over 2000+ worldwide Blockonomics powered sores, without paying any payment fee for BCK transaction on the platform. In case of E-commerce purchases to Blockonomics powered E-commerce sites, customers alongside Bitcoin will be able to use BCK tokens, availing discounts on the purchased items. Lastly, using BCK token, customers can get bonuses/rewards on transacting. In Blockonomics market, the BCK token price will exist in the function of supply and demand. 

 Website: https://ico.blockonomics.co/
Whitepaper: https://ico.blockonomics.co/docs/Blockonomics_Whitepaper.pdf
Telegram: https://t.me/BlockonomicsICO
Twitter: https://twitter.com/blockonomics_co
ANN Thread: https://bitcointalk.org/index.php?topic=4421484

Bitcointalk Username:  MoneyMayskiy
Bitcointalk Profile Link:    https://bitcointalk.org/index.php?action=profile;u=1638175 

 ETH address:   0xecfB5cD15681BaC8DFF4D0967bb9097d4d04425c