Dapp in e-commerce business
E-commerce is one of the biggest market on the internet. We all know Amazon, Ebay, Alibaba. These sites are one of the biggest popular e-commerce company in the world. According to the statista.com e-commerce business are generating $1.9 trillion in 2016. This is showing how much money circling around in e-commerce business.
And it's just beginning in some source e-commerce based business are expected to generate $10 trillion in 5 years. But there is several problems are always hanging around this type of business. Below i will mention three most common problems in e-commerce.
1.Reselling
This is one of poplar method in e-commerce business. basically you're buying product in other company or site and sell it to costumer or buyer through other platform. This makes costumer pay more for the product if you don't know actual price. This method mostly used Amazon and Ebay.
2.Delivery delay
This happen not just online business it's 100% depend on company or seller. And it's give us headache all the time 1or 2 day is affordable but week or even month late is not you want right ? This is happen a lot one time i waited my product almost 2 month and company said it's delayed because out of stock ( i ordered some clothes) this really makes my nerves.
3.Chargeback
Chargeback fraud happens a lot in e-commerce business buyer takes his money back when you are already delivered product. This is most common problem in online business.
First Dapp in e-commerce business
Elementh is Dapp and smart contract for e-commerce business. If you are searching for safest and fastest way of buying product online Elementh is for you. Element is platform that connecting manufacture, store , distributor, service provider in one place. Using smart contract for products buy selling, and delivering process so there is no worry about problems that i earlier mentioned.
Even though it's still early stage of development if team build entire eco system that connect supplier, manufacture, buyer there is high potential of growing opportunity in e-commcerce sector. And one of the biggest challenge is how many product or company listed on Dapp. I'm looking forward their dapp platform and DPOS protocol.
Token details
Total supply: 303 000 000 EEE
Avalaible supply: 195M EEE
Hardcap: 30,000 ETH
Token type: ERC-20
Token price: 1 EEE = 0.0002 ETH![reselling-buy-low-sell-high.jpg]
Source
Website
Whitepaper
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