Revolutionary Payment Processing

Are you frustrated by the limitations of payment processors like Paypal and Skrill? BCShop may be the solution you are looking for! Forget about navigating increasing fees, conversions, long transaction times, and restricted access from payment processors. BCShop allows you to streamline the process through the use of smart contracts, keeping transaction fees down and processing times up!

Using BCShop's website, https://bcshop.io/, vendors will be able to design their own smart contracts for their products, without specific technical knowledge. Vendors will go through a process to create their DPS (digital product or service), to link to their contract. Product data concerning payment and delivery is stored on the blockchain. Money-back guarantees can be added as well and even product verification for some items.

A rating system will be integrated into the smart contracts, ensuring that actual customers can easily send feedback regarding their purchases. The Ethereum blockchain will be the first supported blockchain, due to the opportunities offered by its smart contracts. Others will be considered in future, as the platform is developed.

BCShop will allow vendors, to minimize costs and reach customers directly, getting honest feedback, and supplying products more cheaply. This will increase competition between sites like Amazon and eBay and could upset the entire balance of power for online marketplaces. Faster, more secure, cheaper transactions will probably draw even more people to using cryptocurrencies, even further stabilizing the industry.

Blockchain-based payment processing and blockchain-based marketplaces should put Amazon, eBay, and various other online marketplaces on shaky ground. Lower fees and lower barriers to entry will allow a flood of online sales. Centralized marketplaces may not be able to keep up the pace, unless they adapt. Online purchases have only been increasing over time and when people realize the savings are significant, they will push past the strangeness of cryptocurrencies. As user interfaces for crypto exchanges and marketplaces become better, the mainstream will become more open to them.

I fully plan to take advantage of BCShop's capabilities and hopefully it will enable me to launch several business ideas of my own. Lower costs and fewer barriers to startups will revolutionize small business.

I believe that BCShop could be the mover that gets sites like Amazon to finally adopt cryptocurrencies, which would lead to much more widespread use. That means that market caps will go up, prices will go up, and innovation will increase. Do you think BCShop will succeed in upsetting the industry? If so, what are your predictions? Please let me know in the comments below.

The BCShop team, though not as experienced as some, is very transparent and has some significant partners. https://bcshop.io/#team

BCS tokens sold in the pre-sale (standard ERC20 token based on Ethereum) will be used to exchange for bonuses that can be used inside BCShop. 80% of all profits from fees will be used to assign Ether value to the bonus tokens (BCB). BCB tokens will be used to discount purchases inside BCShop. 1000 BCB = 1 Ethereum. The longer the owner of a BCS token holds onto it, the larger the bonuses he will accumulate and the more profitable it becomes.

For more information, please check out the BCShop whitepaper: https://bcshop.io/uploads/whitepaper/whitepaper_en.pdf
It is very detailed. If you have any questions, please feel free to ask!

This article was written for the @originalworks contest: https://steemit.com/cryptocurrency/@originalworks/125-sbd-sponsored-writing-contest-bcshop

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