Website | White book | Twitter | Facebook | Telegram | Reddit | Ann Thread

Electronic commerce, better known as e-commerce, is the transaction of goods or services via the internet. E-commerce has existed since the late 1960s, although back then the form is not as complex as today. In today’s world, e-commerce happens every day. It is estimated that e-commerce will keep increasing in the foreseeable future.

Electronic commerce (electronic commerce or e-commerce) is the dissemination, sale, purchase, marketing of goods and services that rely on electronic systems, such as internet, television, or other computer networks.

E-commerce involves the transfer of funds and electronic data exchange, management systems and data collection automatically.

There are several types of e-commerce are most often selected, among others:

1. E-commerce business to business (B2B) : This type of B2B business is done by people or parties with an interest in running a business, where they both know each other and know the business processes that they do.An example of a B2B business is when two companies conduct on-line buying transactions, as well as payments made available on credit cards.
2. E-commerce business to consumer (B2C) : Types of B2C e-commerce is a business that is done between business people and consumers. For example, manufacturers sell products to consumers online.
3. E-commerce consumer to consumer (C2C) : Types of consumer-to-consumer e-commerce are conducted between consumers and consumers. For example, a consumer of a manufacturer will resell the product to other consumers.
4. E-commerce consumer to business (C2B) : Type C2B is a business between consumers and producers. The business is done by the consumer to the producers who sell the product or service. For example, the consignee will notify the details of the products or services that are desired online to the producers. Later, manufacturers who know the request will offer products or services that consumers want.

While e-commerce makes our life a lot easier, it does have problems as well. As of today, the transaction in e-commerce is not completely secure, prone to fraud, can be expensive and is centralized. All of these hinder the progress of e-commerce in many ways. Blockonomics attempts to solve these problems, as we will see shortly.

The emergence of e-commerce led to an increase in online transactions. As technology advances, alternatives to conventional transaction methods also emerge. One of these alternatives is cryptocurrency. Currently, Bitcoin is the most popular cryptocurrency. More and more people are using Bitcoin to pay for their transactions.

Not without reason why more and more people. Actually, there are many reasons why. For example, Bitcoin reduces the likelihood of fraud (because transactions using Bitcoin can not be changed), there is little or no additional transaction costs when using Bitcoin as well as an ever-increasing customer reach.

While Bitcoin makes e-commerce transactions much cheaper, safer, safer, and overall easier, there is an accompanying problem. There are three problems with Bitcoin. These issues are scalability, price volatility, and customer service. These problems can be seen as the reason why many e-commerce businesses are reluctant to use Bitcoin as a transaction method.

Blockonomics is a decentralized blockchain technology that started as a wallet watcher and block explorer in 2015, and has been continuously innovating with the latest in Bitcoin technology. Blockonomics is a decentralized and permission less Bitcoin payment solution, where the team services enhance the functionality of the wallets investors already own. Blockonomics goal is to continue allowing investors to accept Bitcoin directly, whether investor is invoicing, receiving donations, or running an e-commerce store. Blockonomics strongly believe the power of Bitcoin is in decentralization and cryptography.

Blockonomics team having completed a successful circle of activities operating as the first gateway to accept Bitcoin payments for E-commerce servicing hundredths of merchants. This experience guarantees that the project is mature enough to proceed to the next step, an Initial Coin Offering. ICO’s aim is to collect adequate funds to improve its infrastructure and finally offer multiple solutions and technologies to merchants, expanding Bitcoin adoption as a means of payment throughout the world. Bitcoin is the remedy for E-commerce offering cheaper transactions fees than conventional payments methods, minimizing fraud and chargebacks, and providing secure Blockchain transactions. Bitcoin payment have risen over 80% since 2014 on E-commerce sites. Moreover, Bitcoin buyers spend more than non-Bitcoin ones. Borderless Bitcoin allows easier access to a global market.

Looking closer at the platform benefits, Blockonomics guarantees the absolute lack of middlemen, the lack of access to investors’ private keys, the lack of KYC/documentation and the direct and instant E-commerce payments and donations to any SegWit or non-SegWit wallet. To enhance their platform services, Blockonomics have issued BCK tokens. BCK is a utility token that enables support to BCH, LTC, and ETH and Lightning Network integration. Moreover, it sends API with Multi-signature wallet. These tokens provide a variety of perks to customers too. 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. Also, 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.

Blockonomics requires significant funding to create the appropriate tools for merchants that use cryptocurrencies — the merchant suite, the infrastructure, and the further enhancement that posits Bitcoin as the primary payment solution for E-commerce. Due to scalability issues and the increases in the investor base, the company need to develop all the software required: the staking/farming software, the mobile and desktop client software and crypto wallet, user interfaces and apps, network infrastructure and monitoring, integrations with other Blockchains, tooling for writing distributed apps and Smart Contracts.

Major benefits of the Blockonomics token

1. It serves as a store of value: Many Blockonomics token investors consider it and other cryptocurrencies more of an asset than a currency, due to the increased profitability of crypto trading. Fiat currencies show limited value change over the years. On the other hand, cryptocurrency value is constantly changing, meaning that holders can hit excessive gains by trading their coins. As a result, many online retailers’ customers are reluctant to use their cryptocurrency to make purchases instead of trading. This reluctance can lead to making payments fall below the break-even point, as the minimum number of transactions needed for the retailers to profit from adopting Blockonomics payments. As the market and the investors mature and cryptocurrency price stabilize, consumers become more willing to spend their Bitcoins in purchasing deals, urging merchants to reconsider their options.
2. Low transaction fees: Blockonomics token investors enjoy zero or low transaction fees compared to other online payments methods, such as PayPal, Western Union, and credit cards. In fact, Blokonomics and bitcoin transfer 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. The larger the amount of the transaction processed, the higher the fees deducted proportionally. This is an opportunity for merchants to see their customers embrace Blockonomics and Bitcoin as a payment option. Low transaction costs are also important for investors because it permits them to remove fees they pay to companies like PayPal and Visa. In fact, some online stores notice profit margins of one or two percent due to the high volume of purchased products, and the fact that cryptocurrency such as Blockonomics and bitcoin can remove the 2–3% discount rate charged for accepting credits cards, with this I believe our merchants will invest more on cryptocurrency.
3. Freedom in payments: Blockonomics token investors does not need to worry about bank holidays or the timelines of banking services. Payments go through under any circumstances and investors are always in control of their digital money. These functions can actually let the investors “be their own bank”, or “have a bank in his or her pocket” by way of a smartphone. Also, it’s extremely simple for anyone to create their own Blokonomics “bank account”, as long as he/she has a computer with access to the Internet and investors do not have to worry about a bank selling transaction history to a third party, or having their personal data hacked, because investors are in control of their wallet.
4. Speed: Being an investor of Blockonomics token, it 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. A usual process time takes 10–20 minutes from start to finish or up to an hour if the network connectivity is below par. This time is exponentially less than that of credit card transactions or wire transfers, which usually take days to complete.
5. Global Access: Blockonomics does not discriminate any transaction 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 their political reasons
6. No chargebacks: The irreversibly of Blokonomics and Bitcoin transactions allows no charge-backs or returns, unlike credit card dealings. The adoption of cryptocurrency as a payment method could save a large amount of money for the merchant, as customers should be extra careful in making sure that the party they are paying is trustworthy.

SALES INFORMATION:

To enhance their platform services, Blockonomics have issued BCK tokens.BCK is a utility token that enables support to BCH, LTC, and ETH and Lightning Networkintegration. Moreover, it sends API with Multi-signature wallet. These tokens provide a variety of perks to customers too.

• The name of the token: Blockonomics Token
• token symbol: BCK
• Platform: EthereumTotal supply: 1000000000
• Hardcap: 10 billion $
• Sale of tokens: 07/07/2018 - 07/14/2018
• Price: 1 BCK = 0.002 $ Pre-sale: 01.07.18-31.07.18
• Crowdsale: 01.08.18-15.08.18

DISTRIBUSI TOKEN:

Regarding the funds' allocation: 45% of them will be allocated for the Development of the Core Platform,10% of them will be allocated to Platform Integrations, 15% to Sales and Marketing, 10% to Open Source Development, 10% to Community and Promotional Activities and the rest 10% to Contingency Cover.

ROADMAP:

Blockonomics ICO PROJECT TEAM:

JOIN NOW

The project will go through the ICO stage, where a specially sold BCK token, directly integrated into the platform's capabilities, is used in conjunction with Bitcoin. At the same time, they can also pay for purchases, receive additional discounts, prizes for transactions and bonuses for purchased items. BCK can be used in 2 thousand stores worldwide.

FOR MORE INFORMATION CORRECTLY AGAIN. YOU CAN SEE LINKS BELOW:

• Website : https://ico.blockonomics.co/
• Whitepaper : https://ico.blockonomics.co/docs/Blockonomics_Whitepaper.pdf
• Ann Thread : https://bitcointalk.org/index.php?topic=4421484
• Twitter : https://twitter.com/blockonomics_co
• Facebook : https://www.facebook.com/Blockonomics-1619324884975855/
• Telegram : https://t.me/BlockonomicsICO
• Reddit : https://www.reddit.com/r/blockonomics/

AUTHOR: nexsto

Bitcointalk url Profile: https://bitcointalk.org/index.php?action=profile;u=943965

My ETH Address: 0x563F61919c89354a51Fe66A3a98E0539d55d7Cf7