Elementh:redefining the word e-commerce.

What is elementh?

simply put,elementh is a blockchain service that makes transaction between the seller and the buyer secure, fast and reliable.

Elementh goes beyond just been a space,it is a complete ecosystem that has it's own programming language. This feature would give the retailers the ability to build applications that track their products as well as purchase goods via the power of smart contract.

This post is not focusing on the fundamentals of elementh,to learn more about Elementh please click here

What we are going to be discussing about:
(1) How elementh is going to change the e-commerce space

(2) How can developers benefit from having access to the powerful elementh tools

(3) How can business utilize elementh to take their business online

(4) How will bringing the power of the blockchain to inventory management change the industry.

How elementh is going to change the e-commerce space
E-commerce(electronic commerce) is the transaction of buying and selling online
Elementh is a blockchain made for the e-commerce system, it serves as an upgraded means of Making transaction.

Today, we already have many sites that serve as an e-commerce platform for both buyers and sellers. This might make you ask...

Elementh is not just a platform but a secured payment method through blockchain..

why you need elementh.
(a) elementh makes easy tracking of your goods possible.
(b) elementh makes it easy to search for useful items online
(c) elementh has a unified normenclature scheme.

electronic commerce Has never been better

How can developers benefit from having access to the powerful elementh tools

Elementh represent a register of ownership of goods,and this has the ability to write specialized smart contract and use the nomenclature standard to quickly create various decentralized and centralized applications.

This means that developers can actually create applications for their products or others weather decentralized or centralized,because of the availability of the nomenclature standard.and it would be super easy to track this items

AMAZING YOU'LL SAY RIGHT

How can business utilize elementh to take their business online

Some business firms today has not gone online with their ventures, and this might be because:
(1) fear of online fraud
(2) too many time/processes to end just one transaction
(3) fear of getting fake items
(4) unable to track the original seller

but all of this are the issues solved by elementh

(1) elementh has the full information of the producers,distributors,sellers and buyers chain storedup,this will allow the buyer to find suppliers for any volume of product.

(2)the ability to send messages reduce complications and allow for a direct contact with any participants.

(3)the system is fully secure as it makes use of blockchain, data on the ownership of the product will allow you to get rid of counterfeit products sold through the marketplace.

(4)goods in the system exist in a single copy and if an item with the same serial number is added to the system, any dApp can notify the buyer that the origin of the goods is unknown.
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How will bringing the power of the blockchain to inventory management change the industry

Blockchain and smart-contracts are powerful technologies.They are unique transaction system that guides against theft, improves security and so on.

introducing the blockchain system into inventory management would:

(1) reduce dramatically the cost of operations
(2)the use of blockchain would improve security of items and goods
(3)the use of blockchain would make traceable each transaction
(4)reduce the probability of buying bad item
(5)improves provenance
(6)the use of blockchain would allow for fast transaction.

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elementh2018