Jumat, 23 Maret 2018

Elementh - Bringing the E-Commerce Sector to Blockchain Technology


ELEMENTH is a blockchain for e-commerce, a list of items with the ability to write contracts specifically and use nomenclature standards to quickly make decentralized and centralized apps for e-commerce. The elements that exist in blockchain, which aims to solve the problem of modern e-commerce world.

Elementh has absorbed the best achievements of the last few years in the field of blockchain, aimed at solving the problems of the modern e-commerce world. Elementh is a blockchain for e-commerce, a list of ownership with the ability to write a special smart contract and the use of nomenclature standards to quickly create decentralized and centralized applications for e-commerce.

The direct competitor of this project is an existing online B2B e-commerce project, such as Indix. In this segment, the innovative Elementh project uses Blockchain and can be used by a decentralized market that uses crypto for internal payments.

There are also several Blockchain platforms for Ecommerce as competitors for Elementh, such as VeChain, INS Ecosystem, Connectius, Flipz, StopTheFakes, and others. Interestingly, some of them are niche products, and everything is not really an infrastructure platform but just like apps for smart contracts for e-commerce.

We think Elementh has more infrastructure projects and can be used by different markets and platforms. In addition, an important advantage for Elementh is a great experience in the B2B E-commerce market since 2012 and businesses that work with true customers.


Mission

Elementh's goal is to create alternative protocols for decentralized application development used by e-commerce, provide standardized quality nomenclature, guarantee the ownership of certain products and the ability to create smart contracts specifically for e-commerce. 

Elementh will achieve it by creating Blockchain with Turing- complete built-in, allowing everyone to write smart contracts and decentralized apps, enabling the use of integrated product cards, e-commerce transactions and proprietary transfers. 

Elementh Application

1. Decentralized marketplaces based on Elementh
Based on Elementh’s blockchain any marketplace will be able to allow sellers to use existing merchandise cards without creating new ones. Data on the ownership of the product will allow you to get rid of counterfeit products sold through the marketplace. 

2. Tracking the movement of goods. 
The complete producer – distributor – seller – buyer chain, stored in the Elementh blockchain, will allow to find suppliers for any volume of products, up to direct order of goods from the manufacturer. We see it as the future of e-commerce.

3. Search for goods by geolocation. 
Seller information available in the Elementh blockchain allows you to find the most convenient places of purchase for any item.

4. Decentralized sending of messages. 
The ability to send messages allows you to contact directly with any participant in the transaction. This will allow setting up exchange systems, bidding, obtaining individual purchase conditions and so on.

5. Store designer. 
Having all the necessary data to set up a store, the system allows you to create individual decentralized showcases for any vendor in the system. 

Elementh Ecosystem

With the Token System, Elementh has a system of goods, which can also be used in some large applications, such as searching for the specific movement of goods from its creation to the present, searching for genuine goods and detecting counterfeit good. 
The system of tokens can be used in a huge number of applications from binding to assets such as USD or gold to company shares. The system of tokens is easy to implement in the Elementh blockchain. 
If the identical item is already in the blockchain, the publisher will also receive a message about it, and he will also have a chance to show you what items want him to "show". When an item has a serial number, you can be sure when the transfer operation is done. 
To provide protection for the forging data, only the hash of the serial number is decided in the system, therefore only the person who knows the initial number has the power to conduct a valid transaction. With no serial number when the item "ejects", the system generates it randomly and the holder can use it to identify the specific item by printing the QR code on the packaging, write it in the RFID tag or perhaps with an easy different step.

Transactions in the chain of blocks must be safe, unambiguous and irreversible, and be carried out as quickly as possible to facilitate the reliability and decentralization of the system. In practice, the difficulties arise in two different aspects of this process: selecting a unique node for the production of the block and making the record irreversible 

Elementh blockchain has its own built-in currency, elementh (EEE), which is used for all operations within the Element block, for example, payment of transaction costs.

Token and ICO Information: EEE, ERC-20 standard
Total supply: 303 000 000 EEE
Token Distribution:
217 500 000 (71.78%) EEE - buyer
45.000 000 (14.85%) EEE team -
40 500 000 (13.37%) EEE - partners and advisors

Start date is sold in Pre-Sale: January 15, 2018 00:00 UTC
Date of pre-sale personal sale: 31 January 2018 23:59 UTC
Close soft Personal Pre-Sale: -
Hard hats pre-sale personally: 1 500 ETH
Private Pre-Sales Price: 1 EEE = 0,0001 ETH
Private Pre-Sale bonus scheme: 50% Token

Pre-ICO start date: February 1, 2018, 00:00 UTC
Pre-ICO end date: 14 February 2018 23:59 UTC
Pre-ICO soft cap: -
Pre-ICO cap: 1 500 ETH minus received at the Pre-Sales Private stage
Pre-ICO price: 1 EEE = 0,0001 ETH
Pre-ICO bonus scheme: day one: Token 30%, day 2: Token 15%

Start date: April 1, 2018 00:00 UTC
ICO end date: April 30, 2018 23:59 UTC
ICO soft cap: 10 000 ETH
ICO hard cover: 30 000 ET
ICO Price: 1 EEE = 0.0002 ETH
ICO bonus scheme: day one: Token 30%, day 2: 15% Token

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author: muhammadsosa
eth: 0x8056b4866D50eBCE01D33EDc967D38a6Bf724420

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