A LOOK INTO CHIMPION BLOCKCHAIN BASED E-COMMERCE SOLUTION

in chimpion •  6 years ago  (edited)

To numerous outside the cryptocurrency network, digital currencies are exceedingly regarded as an online type of assets whose value are just associated with in App usages, for example, coins in famous android games where coins are fundamentally used to open features inside the game alone with no connection to the real world. Chimpion plans to realize making cryptocurrencies useful in reality especially in our everyday shopping activities and purchases. By means of Chimpion merchants and online marketplaces can accept any cryptocurrency of their choice by for its services.
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Chimpion will empower the development of the e-commerce industry through its platform because merchants can easily rundown and make items offerings available with cryptocurrency as the base currency. By doing this, it facilitates the development of selection of blockchain and cryptocurrency while additionally making the enabling its users to explore and shop through e-commerce platforms at the same time

Online trading is presently a movement carried out on everyday schedule. E-commerce has been wonderful with a great deal of benefits attached to it. With this advancement, transactions should be possible at the solace of your house. There is a reduction of time wastage, prevent the danger of life and some more. This online exchange had been massive since the invention of eBay and Amazon. In the year 2017, an all out entirety of 2.3 trillion USD was recorded as sales of retail of e-commerce. Due to the huge role played by e-commerce in the society, the demand for this service develops as for all intents and purposes nearly everybody as a rule involves in it every day.

ADVANTAGES OF CHIMPION

As e-commerce becomes more prominent, the platforms that provide the services becomes moderate and time expending, and trouble in accessing these platforms due to traffic. To this effect, there is the need for a timeless exchange techniques platform with easy accessibility and low charges. In other to counter these weaknesses, that was what led to the advancement of CHIMPION.

Chimpion is an e-commerce platform with a point of sales, and a wallet that is digital with a system of settlement that is from crypto-currency to fiat

Chimpion multi-token Operation.

Chimpion exhibit double token feature and this made Chimpion unique. This tokens are:

Chimpion (CHIM)

This is the token that powers the store-fronts of the merchants and the ecosystem of the e-commerce. It likewise serves as the incentive's abundance to effect the drive for merchants appropriation. CHIMP will serve as the fundamental denomination of currency used in the store of Chimpion. This will include Chimpion's exclusive items line coupled with cards received from merchants and Germaine retailer from the platform's directory.

ii. The second token is Banana Token (BNANA). This token is reward section of Chimpion ecosystem. This token is gotten by the purchases done from the merchant of Chimpion with CHIMP or other digital currencies as the exchange mode. BNANA is likened to steadfast card's point, in which redemption can be made for offer on promotion, items that are exclusive and limits.

Merchants empowerment

This is the core objective of chimpion is to ensure that merchants receives store to begin support or commence there projects.

Specification of coin.

The facilitating of chimpion platform is on the blockchain of EOS that applies Delegated verification of Stake ( DPoS).Unlike other platforms, they make use of evidence of work and this convention is prone to union and extortion. With delegated confirmation of stake system in place, a democracy is technically established by the gathering of people delivering square and those utilizing stakes that permit a specific set it regulations.

Every merchant with CHIMP is approaching the strong Chimpion e-commerce platform utilizing crypto with no payment of month to month, weekly, even any membership charges.

The store builder of Chimpion's crypto doesn't need more modules. It will too enhance mobile applications as time goes by

Useful Links
Website: https://www.chimpion.io/

Whitepaper: https://www.chimpion.io/whitepaper/

Telegram: https://t.me/chimpionio/

Facebook: https://www.facebook.com/Chimpionio/

Twitter: https://twitter.com/chimpionio

Bounty0x username: Ahmodinho10

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