Kart Block – Creating Innovation and Value Experience

in #ico6 years ago

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What it is Kartblock?Kartblock is the provider of underlying blockchain technology to 27avenue.com An eCommerce marketplace operating since 2013 in India and Singapore. 27Avenue has exponentially grown from a single category online store to a multi category online marketplace with a seller base of 3000 merchants and over 100 thousand SKU’s. The Business at it’s peak has done a GMV of 1 million USD and global presence with customer base in US, Canada, UK, Europe, Hong Kong, Singapore and Australia.

With global operations and cross border payments; a need is arises to create a robust backend solution that can give a wider spectrum of operational excellence. Therefore the solution is a blockchain implementation to create a decentralized eCommerce marketplace, Faster transactions secured by the smart contract and tokenized payments. KartBlock will conduct an ICO to grow 27Avenue at its peak and create a large player in the industry competing with the monopolized and centralized existing eCommerce platforms.About Kartblock

Kartblock Everything Better.
E-commerce is the need of today in this global economy.The Kart Block ecosystem is the turning point to the conventional marketing and sales industry where the primary focus was limited to product promotion and ad-revenues.
Kartblock connects people all around the world, trade goods without intermediaries, send and receive funds effortlessly. Kartblock marketplace will allow vendors to sell direct to customers with cryptocurrency.

Through the use of the block chain users retain their data, blockchain technology gives power back to the users. The result is consumer empowerment and unparalleled sales potential for retailers and advertisers.

Our Vision:
Revolutionize the eCommerce industry with Blockchain technology and empower the buyers and sellers with unrestricted transparency.

Technology:
Decentralized/Blockchain Ecosystem is the technology layer of Kart Block ecosystem. This layer will be powered by the Ethereum blockchain network and native tokens will be standard ERC20 tokens. This layer will handle and record the payments, transactions, smart contracts, data verification, etc. through Hyperledger.

Industry:
eCommerce is a massively capital-intensive game. Problems of trust and transparency are almost always persistent, even when the best intentions are there, these problems can be eliminated by the Kart Block ecosystem. Through a decentralized architecture, every information is made transparent to all parties and insights are intimated so that the users can make the most informed decision possible.

KartBlock Ecosystem:
The Kart Block ecosystem at its core is a combination of e-commerce platform, digital wallet, and Tokenized reward mechanism. A simple yet powerful idea behind this ecosystem is directly rewarding the customers/users for their valuable contribution to the Kart Block platform, without the need for any middlemen.

Dapp:
DApp is a short term for decentralized applications. A decentralized application has a backend code that runs on a decentralized network point-to-point. This gives DApps a great advantage over applications where the backend code runs on a centralized server. A decentralized application has a front-end code similar to another application where the interface is written in any language that calls its back-end. In addition, this frontend can also be hosted in a decentralized storage such as Swarm or IPFS.

Secure and protected data:
Kart Block aims to provide radical transparency in the electronic commerce economy. The underlying blockchain technology guarantees the visibility of any activity, transaction and data transmission through the system. Unlike a very centralized market that does not share important data (to maintain marketing excellence). Even merchants have to pay a considerable amount of data for users to generate data online for analysis. Kart Block will change this monopoly system. Here you will see the transactions and the operators will be able to perform the analysis without problems.

Blockchain Technology:
Blockchain technology has begun to change the appearance of the Internet and our online interactions. The global e-commerce industry of today has allowed the exponential growth of the business and offers many opportunities to users around the world. But it is necessary to overcome certain challenges as the online economy becomes saturated and the real economic drivers (traders and customers) are deprived of the fair value of their contributions.

Main technology:
The block kart ecosystem can be divided into two parts
Centralized infrastructure
Decentralized infrastructure

Token financials
Token symbol: KART
Smart contract: Ethereum ERC 20
Token type: Utility
Token price: 1 ETH for 14,925 KART + applicable bonus
Minimum purchase: 0.01 ETH
Hard cap: 26,800 ETH
Token supply: 1 billion in two phases
ICO status: Private sale live with 60% bonus

Core Technology:
Kart block ecosystem can be divided into two part

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Token Economics

ERC20 type tokens are deemed as Blockchain assets that possess value, and can be used for trade, transactions and investment like any other digital currency.
Therefore, with the Kart Block token, the user can hold it, trade other currencies and assets with it or use it for transactions to purchase any other entity via the Kart Block platform.

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Team:
Our Team Members are team Players dedicated to bring Energy, ideas and pride to our work. We have a multi cultured Team andtogether we build a community at KartBlock. They are specialist in their fields, you can Learn more about them here.

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ADVISORS
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CONCLUSION

After accessing the various packages in stock for the satisfaction of customers needs, it is gainsaid that kartblock Is one of the most reliable online market platform that is determined to ensure transparency, accountability , trust, effective and efficient mode of service delivery.

FOR MORE INFORMATION, VISIT;

Official Website: http://kartblock.io/
Official Whitepaper: http://kartblock.io/wp-content/uploads/2018/05/kartblock-final.pdf
Ann Thread: https://bitcointalk.org/index.php?topic=4674179.0
Twitter: https://twitter.com/KartBlock
Telegram : https://t.me/kartblock


Author by: Apri222
Bitcointalk profile
https://bitcointalk.org/index.php?action=profile;u=2011722

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