CHIMPION: THE RIGHT SOLUTION TO E-COMMERCE CHALLENGES

aaaxpress (33)in #crypto • 5 years ago (edited)

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The world of blockchain technology is an amazing one, it is a world filled with many possibilities and potentials. Check it out, money-related transactions can take place effortlessly from anywhere in the world, as fast as possible and at a low rate. Users can now be able to control their funds and assets the way they wish without any Intermediary or third-party.
Bitcoin opened the way for the cryptocurrency, ever since then many outstanding projects has come to limelight each offering unique solutions in various platforms. Blockchain technology via decentralization can efficiently transform any platform, thereby making it possible for users of that platform to enjoy what blockchain has to offer. After decentralization comes smart contracts which were made possible by Ethereum blockchain, thus paving way for the creation of DApps. As earlier stated, blockchain with decentralization and DApps can transform any platform, thus a team of professionals aims to transform the e-commerce industry with blockchain, thereby resulting in a platform known as Chimpion.
Chimpion was created to solve e-commerce issues thereby transforming it to an industry where it's participants will be comfortable.

It is a true fact that e-commerce platforms are developing tremendously, yet the joining of cryptocurrency into this developing industry is yet to be actualized in a more better and convenient way. That is to say, with this absence of cryptocurrency into e-commerce platforms, outsider applications or third-party applications has been the one-stop-shop for e-commerce services.
Further study shows that the absence of cryptocurrency in e-commerce can be attributed to the absence of advanced services which is needed to drive cryptocurrency based e-commerce to the next level.
In addition, with the increase of trade wars, unstable interest rates and unfriendly inflation has weakened e-commerce thus making it prone to unwarranted limitations.

CHIMPION: THE RIGHT SOLUTION

Chimpion is a decentralized e-commerce platform powered by an extraordinary dPoS (delegated Proof-of-Stake) protocol which is further enhanced by its team to provide Proof-of-Store as Proof-of-Stake (poS as PoS) consensus protocol, through this way Chimpion will empower merchants to get associated with e-commerce services.

Since the present reality is, moving to a more comfortable and convenient system of operations within e-commerce, hence Chimpion will pursue this trend by making its services so efficient and convenient for its participants. Thereby, Chimpion achieved this by building a decentralized e-commerce platform where merchants and consumers will get involved in a transparent, reliable and trustworthy way. The end result is, Chimpion services will ensure merchants experience cheaper fees in services, in addition to an efficient processing method of transactions.

Chimpion aims to stand out from current e-commerce solutions by making it possible for its merchants to have unique crypto payment systems which will be suitable for settlement services. By offering these services to merchant, Chimpion will succeed in making it possible for them to have access to storefronts e-commerce while accepting any base cryptocurrency as the currency of their trade. The cryptocurrency exchange rates will be constantly updated so as to offer merchants the right listing price for the services they offer. In addition, Chimpion will provide a reliable reward program and wallet.

In order to draw more interaction to its platform, Chimpion will make CHIMP token holders access its services without charges. In the same way, Chimpion will make it possible for merchants to be the master of their funds by providing a payment system which works without KYC. That is to say, merchants can exchange their funds for cryptocurrency or other stable coins.
Furthermore, to ensure absolute convenience, Chimpion store builders will not request additional plugins as well as enhancing Chimpion DApps.

CONCLUSION

Chimpion has indeed shown that its name can be likened to Champion. It is an e-commerce platform based on blockchain technology where merchants will have the opportunity to use cryptocurrency for services. With Chimpion offering outstanding products and services via e-commerce, it will contribute to making blockchain and thus cryptocurrency to be adopted into real-world uses.
Chimpion has dual token each with its utility; CHIMP which is used within Chimpion merchant storefront and BNANA which is used within Chimpion ecosystem.