Introducing PLAZA: Forget the Conventional eCommerce, The Ultra Modern bCommerce System is the Future.

It is no longer a folktale, neither is it a mere story being told under the moonlight, but rather an esthablished fact that Commerce is one sector whose evolution has been relative to that of the world itself. There is no doubt to the fact that with the world's technological advancement moving at a tremendously rapid pace, major commercial activites being carried out daily, has been a large contributing factor to these advancements being experienced to a considerably large extent. Taking a simple survey back to the time where commerce simply involved the trading of goods and services for other goods or services, and comparing it to this present day where a whole lot of improvements and innovations have totally reshaped this sector, I'm obliged to say that commerce has evolved in such a remarkable way, and regarding it as a major fuel driving our global economy is nothing far from the truth. With a comprehensive reference to a fragment of my opening statement; "Commerce is one sector whose evolution has been relative to that of the world itself", one can be immediately enlightened to the major point being discussed. we are no longer strangers to the fact that the world has developed to a stage whereby everything is done digitally and with much convenience. This sector is evidently not left behind when it comes to technology advancement. Today what we all know as eCommerce is simply the concept of commerce evolving into a stage where every activities involved are done online using various form of electronic devices which promotes flexibility, efficiency, comfort to name a few.

Bottlenecks Threatening to Stunt The Development of eCommerce

However, the fact that the eCommerce industry has thrived massively over the years, doesn't dispute the fact that its further development is being threatened by several bottlenecks.
One major issue threatening to stunt the massive development of this industry is the ever-growing need to maintain a centralised eco-system. Major eCommerce companies existing today runs with a centralised model, and a significant trait that comes with this type of model is the need for constant investment in its infrastructure.
Although some may love to believe that this aformentioned bottleneck is a major problem for the companies and not the users, it is important to note that users also have their fair share of problems which they have to go through on daily basis.
With users having to battle with the constraints caused by third-party payment processing media as well as the problem of violation of their private informations by most of these companies, there is an obviously an urgent need for intervention in this sector.
The introduction of blockchain technology into the eCommerce industry recently, was aimed at bringing lasting solutions to these bottlenecks and also bring all-round improvement to the whole system. Blockchain technology however comes with its own sophistication making its adoption into this industry move at a very slow pace.

Below, is a concise and informative review on Plaza; A Blockchain-based project aimed at offering lasting solutions to these problems faced in the eCommerce Industry.

PLAZA: The New Model Rocking the eCommerce Industry

What is PLAZA?

Plaza is a project aimed at harnessing the modern power of blockchain technology to create an eco-system where every form of commercial activities can be carried out in the easiest way possible and with the best form of technology.

Plaza leverages blockchain technology in such a fashion which has never been done before. Plaza doesn't just utilize the security, scalability and efficiency of blockchain technology to create a perfect ecommerce system, but also simplifies the whole process in such a way that the complexity of blockchain wouldn't be a problem for users.
Plaza aims at becoming the largest blockchain-powered online store in the world, providing a user-friendly interface for users to explore giving them access to shop from a wide range of alternatives also with full liberty to make payment on the go without any third-party involvement. What more can a user ask for?

Below are some outstanding features that makes Plaza standout among other competitors in the industry:

• User-Friendly Interface:

A major problem associated with blockchain technology is its complexity. This issue is the major reason top investors shy away from this modern form of technology, because it is a bad business scope to venture into what you do not understand.
Plaza however, provides a user-friendly interface which are available on both mobile and desktop apps to enable users enjoy the benefits of blockchain technology without having to worry about its complexity. Providing users with the best shopping experience with also an easy channel to facilitate payments through the use of cryptocurrencies.

• Users Privacy Protection and Security:

It is sad to know that violation of users private data has become a norm for most organisations in the industry. Most of these top companies today engage in users data appropriation for their own selfish gain.
Plaza is aimed at breaking that trend with the help of blockchain technology. Leveraging this state-of-the-art technology, Plaza will be able to provide a secured and private network where users are at liberty to control their personal data based on their preference. A totally secured blockchain firewall has also been set-up to help prevent access to malicious hackers who plan to steal users informations and funds illegally.

• Easy Payment through Plazacard:

Plaza works with two special unified cryptocurrencies called the PLAZA token and Plazadollar coin (PL$). This will help ensure transactions are facilitated easily and smoothly on the plaza eco-system.
The Plazacard is also a significant tool provided by the Plaza team to ensure users gets seamless access to their funds. It works like a normal debit or credit card but also possesses enhanced features that makes it work more than just a conventional debit/credit card.
The special Plazawallet however, gives users the liberty to store different forms of cryptocurrencies in them, although transactions using the Plazacard can only be facilitated using the Plazadollars or PLAZA.

• Swift and Effective Customer Service:

Plaza ensures that the users satisfaction and interest remains their top priority. With the most modern form of technology, Plaza is able to provide different chatbots based on the type of enquiry or query the user wants to make. These chatbots responds swiftly and provides the best customer services that can't be matched anywhere else in the world.
Plaza leverages this medium to ensure that users enjoy a seamless shopping experience with little or no problem to worry about.

• Cryptomining Opportunity:

The traditional concept of cryptomining with requires uninterrupted and large supply of electricity as well as massive data flow has been totally revolutionised by Plaza.
Plaza provides a platform where crypto mining is done in the easiest way possible and in a cost effective manner.
Now, with the PlazaConcierge, a desktop smart speaker, and some other less sophisticated tools which can acquired easily, users can earn money daily by mining PLAZA and PL$ on Plaza’s MerchantChain blockchain.

Use Case

Julia is an online merchant who buys products in bulk on the internet and sells in her local community. Julia uses paypal to facilitate her transactions and one problem she has been forced to cope with for a long time is paypal's inability to confim transaction on time, she also has to keep up with extra charges for every products she purchases.
Julia became fed up with these problems which is already threatening to put her out of business. She heard about Plaza from a close relative and decided to give it a try. Her first week after using Plaza she made more profit than she used to get in a month and her problem of slow transactions became a story of the past because she enjoyed swift transactions using her Plazacard. Julia becomes a happy merchant once again.

Token Distribution

More information about the token distribution, can be gotten from the project's whitepaper

For More Information:

Plaza Website
Plaza Whitepaper
Plaza Telegram
Plaza Reddit
Plaza Medium
Plaza Deep-dive Docs

All Images were culled from the project official whitepaper and website

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