Buyzooka | Building The Future E-Commerce
The Internet era has various new innovations and one of them is Blockchain where this is the technology that forms the basis of the existence of cryptocurrency, Bitcoin. One of the cryptocurrencies that became the name of the most famous and first crypto currency which uses blockchain technology. In a simpler way, Cryptocurrency is a transaction tool or medium of exchange like USD or EUR, but Bitcoin is a digital form that uses encryption techniques that control the creation of monetary units and to verify the transfer of funds through a transparent public network. Blockchain introduces a new concept known as a decentralized ledger and all network transactions go through Peer-To-Peer. Blockchain technology allows its users to be able to confirm transactions without the need for a centralized authority such as a Bank or Government and introduces a potential Application that can include fund transfers, voting, trade settlement, and many other things. Broadly speaking, from a business perspective, Blockchain Technology is very helpful to become a type of innovative next generation business process improvement software where this is a collaborative technology just like Blockchain Technology which promises the ability to improve business processes that occur between companies Buyzooka is one of the projects that uses Blockchain Technology for the E-commerce Sector.
What is Buyzooka?
Buyzooka is a new Blockchain Technology based E-commerce ecosystem that creates an economic trend in the Global E-commerce market, They create a unique new innovative platform. Buyzooka cultivates traditional merchants to be able to transition using transparent Blockchain Technology so as to create a new buying and selling market on the Global market. Their ecosystem tries to solve various problems in this traditional E-commerce market by utilizing Blockchain Technology which provides a new system that is more innovative and unique, Being a solution to various common problems that are often found. Their platform also provides a variety of powerful unique tools where these tools facilitate management in one Dashboard. They will also regularly hold trainings that provide new knowledge and insights for merchants in the ecosystem, which will encourage more customers to buy products or services at their stores.
Buyzooka has ambitions to become an alternative to "Amazon" In the blockchain market and it is not impossible to go head-to-head with the E-commerce giant in the future, their platform has various advantages such as a more transparent system through Blockchain technology at low costs and faster time for each transaction process, eliminating the role of the central authority which is prone to being monopolized. Buyzooka sees the opportunity through Blockchain technology and tries to change it all where Merchants, Retailers and users will benefit. Their platform will run using Ethereum Blockchain Technology which allows the automation process through its smart-contract and is deployed on the Polygon (Matic) Network so as to provide lower and faster transaction costs. The team from Buyzooka also designed a unique E-commerce Application that allows its users to be able to access it wherever they are, on their desktop or mobile. For more details about Buyzooka Ecosystem, you can see more detail on their official website here; https://www.buyzooka.io/
Innovatives Features
The Buyzooka Ecosystem offers a variety of very powerful Innovative features which provide its users with various attractive features that are very sophisticated. One of its flagship features is a credit system that allows users to pay in installments. In addition, there is also a Marketplace with Peer-To-Peer payment processing, eliminating the role of centralized authority and reducing the required costs. Buyzooka designed a mobile application that makes it easy for its users to be able to access it anywhere and anytime. Another thing is an Extension on the web browser that automatically gives brands around you at the best price and doesn't need to log in and cut the time needed. Various other features will be implemented in their ecosystem in the near future which will support E-Commerce 3.0 through Blockchain technology.
What is Buyzooka Native Currency?
Buyzooka will use a native currency called BZOO, this is a form of currency that is tokenized via Blockchain Technology and will be used in the Buyzooka E-Commerce Ecosystem. This token is an important part of the ecosystem and becomes the main transaction tool that facilitates various transaction processes. Investors and Holders get various benefits when they have this token, such as access to various services, Loyalty Programs, Discounts, Early-Access or transactions on the P2P Marketplace. Tokenomics implemented on the BZOO token Ensures a highly innovative and efficient long-term business plan ensuring that demand continues to grow as the Ecosystem develops. In the future they will also implement a Governance system that gives users the right to take the steps that need to be taken for the development of the platform, ensuring a fully Community Driven E-commerce ecosystem.
Crypto Market Growth
As of this writing the Crypto Market Size is now over $1 Trillion and is one of the largest Fintech sectors in the Global market and it's all Thanks to Blockchain Technology which introduces a very revolutionary and innovative new system which gives a new concept to everyone. The daily crypto exchange volume has also been more than $80 billion/day and this will continue to increase because Blockchain technology is used in other sectors, one of which is E-commerce, the E-commerce sector is very potential where we can see one of the giants is Amazon which continues to grow, Buyzooka is trying to be the first ecosystem to introduce the concept of E-commerce 3.0 to the Blockchain market by offering various interesting features and a Traditional E-commerce System with Blockchain technology and a secure platform with bank security standards and multi-level security, you can see in the graph below Here you can see the development from time to time and the value will continue to increase every year, Buyzooka is a bridge for Traditional E-commerce Markets to enter the Crypto market.
Roadmap
Conclusion
E-commerce is one of the sectors with great potential at this time with new developments and innovations in the global market creating a new trend. Everyone must already know Amazon where it is the largest E-commerce platform in the world today and most people have shopped online, Buyzooka is one of the new Ecosystems that creates a unique platform that is more innovative and superior to other E-Commerce platforms where they offer various benefits for users or merchants, Creating a new system that is more sophisticated and potential. I personally highly recommend you guys to be a part of this great project!
I think that's enough for now, Don't forget to follow & upvote for more content about potential new projects, I will provide some links related to the Buyzooka Ecosystem below. Thank you very much!
Authored By Pedobear a.k.a Dhemas putra/dhemasm(Bitcointalk)
