Plaza -Project introduction

toluene (47)in #crypto • 5 years ago (edited)

Commerce is an essential part of our lives, which started as a system of trading one thing for another, necessitated by the need to acquire and satisfy ones need. As time goes by the concept of commerce began to change and evolve with the society innovative trends.The advent of the internet changed the phase of commerce into the existence of the e-commerce.

E-commerce which is also known as Electronic Commerce refers to the sales and purchase of goods or services or the execution of any commercial transaction through the internet. Over the last few decades, e-commerce has developed into a major part of our lives due to the convenience over the traditional commerce and also our high dependency on the internet has developed this industry into a multi trillion dollars industry. But despite its high relevance and worth, the industry is not short of its challenges that needs to be addressed.

The emergence of the Blockchain technology has brought about revolutionary and innovative change in a lot of industries from finance, social media, telecommunication to other niche businesses. Smart contracts taking the center stage has made it possible to successfully eliminate and centralized middlemen with high level of efficiency.

It's high time for the e-commerce industry to fully embrace the Blockchain technology with Plaza. Although there are quite some projects that have tried to revolutionize the e-commerce industry but none of them have been able to offer the solution and innovation plaza offers with zero Blockchain complexity. It's high time for b-commerce.

Plaza - the ground breaking solution

Plaza is a decentralized ecosystem powered by the blockchain technology with the aim of revolutionizing the e-commerce marketplace. Plaza aim is to create a bcommerce market place to ensure that consumers get the best possible prices for their goods and also get rewarded for their loyalty, without being worried about their privacy and data security. Plaza will also help businesses reach out to more customers and most importantly better satisfy them in an effective and efficient way. Unlike previous decentralized project in this industry, plaza will make it's Blockchain solution user friendly and easily applicable, thereby eliminating the natural complexities that encompasses blockchain solutions.

Existing challenges of both the e-commerce industry and cryptocurrency users.

E-commerce has grown into an important part of our daily lives as humans and the existing technology in the industry do not offer users almost security and privacy. There are other existing problems, namely

High transaction cost

Difficulty in payment process

Data security and privacy

Real life uses for cryptocurrency

These problems are well detailed in the whitepaper

PLAZA will provide solution to the present challenges of the e-commerce marketplace and the cryptocurrency in the industry through it amazing ecosystem features. The features are as follows:

Plaza Mobile and Desktop Applications
Plaza Concierge
Plaza Card
Plaza Merchant

Detailed explanation and analysis of these features can be found in the PLAZA whitepaper.

ICO structure

Plaza will be launching its utility tokens, which is built on the ethereum blockchain. The token will be utilized as the main driver of the plaza ecosystem.

Ticker: PLAZA

Token type: ERC20

ICO price: 5,000 = 1 ETH

Hardcap: 100,000ETH