APOLLOX - Platform for global decentralized E-commerce

balu1008 (5)in #cryptocurrency • 6 years ago

What is Apollox?

Apollox is a decentralized platform based on blockchain technology for global ecommerce ecosystem, which is specially designed to build trusted and transparent global ecommerce market, To bring that, it will integrate some tools or building blocks such as Apollox protocol, which makes this platform very simple to access ecommerce market and Apollox community, which connects buyers and sellers with ecommerce ecosystem. And also it has independent Web stores.

Current problems

If you want open a online store and sell goods or things through that, you need to create a trust between consumers and sellers or platform because today people are not have trust on online store, because many phishing scams are going on. So untrust is never attracts more consumers to the stores. So that need to create trust by giving advertisements on many places That little help to attract people. And also higher shopping costs cause the lose of costumers. Today many good brands bring good trust between sellers and consumers. If Sellers want attract more consumers they are using advertising method, after giving add of good products some consumers would come to the market and if they have liked products then only they leave a good review about that product. Thus sellers are try to create trust.

The higher level of costs for operating the stores on popular market place for example ebay is taking 10% to 15% of the gross sale. And amazon taking the 15% to 25% of the total sale. And also sellers need to buy adds to attract more people to the store. And marketplace services cost is very high as compared to industry standards price.

Online advertising means one of the big investment for sellers. In that Social advertisement is popular to bring more consumers, Facebook, Instagram and YouTube these are the best platform to give advertisements and post can generate millions of views in a day.

Costumer should have all the rights to control their data related to shopping stores. Ecommerce platform is unrestricted to access all their products. Don't have transparency in transactions or in data.

Apollox solutions

Apollox is a decentralized platform based on blockchain technology to solve all the above problems and it is eliminating the middleman or intermediaeris and processing fees become very less.

Apollox is here to provide solutions for the above problems by creating a decentralized ecommerce community and provide protection for buyers and sellers. Here every data will be stored on blockchain technology, if any problems incurred about shopped transaction related, then it will be solved by using arbitration process of Apollox protocol. And decentralized Apollox Community will see the support case and decide the appropriate solutions. Presently products price is increasing more than the manufacturing price due to the middleman. But Apollox is eliminated the middleman and saved cuts of unnecessary price which is about 40%.with this platform users will have full control over their data such as browsing history, their interest and products name etc.