APOLLOX A DECENTRALISED E-COMMERCE ECOSYSTEM BUILT ON BLOCKCHAIN

queentee (31)in #steemitdotcom • 6 years ago (edited)

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IDENTIFICATION OF CHALLENGES
Thereare lots of occuring challenges associated with old custom of e-commerce.
Access to the internet in the present age have made a huge improvement in the method used in shopping and selling most especially via the internet or online. It also however makes it easier for persons to navigate the website searching through in order to find or acquire and procure items in the absence of restriction or shortcoming of specific point or place in a physical space and timing. In spite of the ease this brings,there are however challenges imminent. To obtain customers confidence or reliance making purchases through online becomes dear and pricely. The rise in the event of scam occurences also and as well poor quality customer service are major reasons customers or clients are more cautious of danger and are guarded and careful from obtaining or procurring commodity online.
Likewise the fees usually charged in performing work,labour or task using shop front in a general space where trade takes place or performance is relatively large. Manufacturing cost standard is not appropriate for the quality of service provided at the world of commerce and trade. Clients or customers data available in the information system poorly networked with other structure that is contained in data exchange can be hampered. At all time customers ought to and its expected to have full influence of data or information given out when shopping online as well as acertaining accessibility to such data or information,however,sadly accessibility to customer data is not honoured or acknowledged. Most database of E-commerce company usually have no security classification in terms of accessibility regards various shopping transaction effected on their platform. Ordinarily, a summary or collection of customer information is gathered and examined closely and carefully considered in order to drive promotion and sales,therefore effecting ad on the internet is a strong tool or means to drive traffic,promotion and sales. Companies or organisation that are concentrated can obtain accessibility to sellers and publishers information data and decide on the value of dividends to be paid out and likewise sellers and publishers which can as well lure this centralised company to act as an intermediary tracking and handling data,regrettably they turn to exclusively control trade and dominate the market place thereby placing a level on small vendors consequentially leading to a loss in paid price of the product.
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 PROFER SOLUTIONS TO CHALLENGES STATED ABOVE

An e-commerce ecosystem that is decentralised is designed with the aim of making possible the collective process of keeping both the online buyers and sellers safe with exclusion of the services of a centralised company,executed by Apollox protocols.
Data connected to online shopping will be routinely registered on blockchain preventing any form of hidden alterations. Although Apollox protocol arbitration process guarantees openness,a high degree of accessibility and fairness,ensuring customer safety while searching for goods and products online which is completely or entirely controlled by Apollox protocol.
Also there is the exclusion of Agents in the intermediate position between buyers,sellers and manufacturers in order to reduce cost. This is achieved by the replacement and improvement of ecosystem to blockchain technology platform and peer-to-peer transaction that is skilfully controlled and managed. The effect in the amount or rate of reduction in price will in turn increase sales and as well the profit margin. On the Apollox platform,data regards shopping has authorisation prohibition and privacy, having the protected access modifer,not accessible to others or the public through concealing of information by means of code then after annexing registration on blocks. This however makes concealed or coded information by users who posses password restricting access to be able to be converted into plain,ordinary or unsophisticated text. Each shopping activities or operations that involves navigating through the internet,visiting a website and placing orders can be accessed by participants,persons or group of persons that are involved in of exchange of or buying of goods and services on the market. Data or information can be shared by user out of their free will or willfully to vendors or specific companies that provides a service.
The divergence atween a centralised or old custom of e-commerce and a decentralised e-commerce ecosystem is indicated in the organisztional configuration or formation. The centralised E-commerce is distinctive in dividing line between the providers of service and service customers. They are objective and aim for raising its greatest value or interest been a service provider making their actions and inactions painful to users.
Distinguishably a dentralised e-commerce comprises of frequent buyers,sellers full of zeal and passionate concerning blockchain procedures,constituted voluntarily and operating in order to improve the growth of the ecosystem. The intention is to create a satisfactory reward process,also contributing immense advantage to the ecosystem in its entirety. Thuswise the organisational formation protect both the organiser and user interest in the ecosystem which is however unequaled and of a rare quality to blockchain and the capability essence of a decentralised e-commerce for exchange and trade.

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BENEFITS OF APOLLOX ECOSYSTEM NETWORK
Apollox network is created,built and exist on blockchain,intended to be infinite worldwide for the times ahead in e-commerce industry. Its functions compatibly with or provide capacity for diverse solutions regards applications further away or in addition to shop or the world of commerce and trade.
Apollox influences and controls independent web stores. Ensuring considerable big tradename conducts trade on independent web stores safeguarding the value of their brand. Likewise medium and small brands may decide to continue their independent web stores with the inclusion of trading on marketplaces,establishing and developing their brand equity and excellent customer relationship.
Apollox makes possible a unique or single attempt to effective solutions network to enable traders to design or develop their own independent web stores executed and operating on blockchain.
Apollox reputation protocol and Apollox Data protocol enables users of Apollox to devise means to gain accessibility to data registered on blockchain in a secured manner. Diverse e-commerce service business can be designed alongside combining the Apollox protocol known as DApps.
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                       TOKENIZATION

Apollox token will be utilise in promotional and marketplace services, acquiring commodities and obtaining discounts. On the Apollox network users will be given Apollox token as reward or rebates,this will in turn add to users value and enabling them retain a hold on Apollox platform.
APXT is the token name. A total supply of 10 billion will be created. Token sale will take effect following the Apollox foundation incorporation. A long term holder of APXT for instance become Apollox premium member and get to benefit from preferential treatment on the platform.
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