The ecommerce sector, despite flaunting a universal presence, has been plagued by monopolies and domination of individual players, which has led to a scarcity of quality products and reasoned purchase decisions. The inability to vehemently verify the sellers' authenticity and their offerings has been a thorn, ransacking customers' trust and confidence in the sector.
The Sustainable Market
The rising demand for ecologically sustainable products and services has generated a market that hasn't been quenched yet. Despite the availability of eminent suppliers from Asian countries, there isn't a viable solution that connects their products with the rest of the world at an amicable cost.
With unwavering customer patronage, one would expect the ecommerce industry to be extensively customer-centric, but sadly it's otherwise. Faster deliveries on a span of a couple of days and even a single day have long been the chief value proposition of the sector, but in most of the cases, the delivery time exceeds the expected limit, causing massive dismay to the customers. Coupled with inefficient tracking systems, it has emerged as a significant pain point.
Expected to exceed the monumental $5 trillion mark in 2020, the two billion-strong ecommerce customer base is one of the largest contributors to the global economy. Yet, the existing iterations of payment options are nothing short of being dismal. The frequency of failed transactions and gregarious hidden costs culminate to cause a severe dent in the customer experience, which can plummet in popularity in the coming years.
King Store, The Game Changer
KING - STORE’s mission to resolve these nagging issues by facilitating online store franchise services to small and medium-sized (SMB) companies to expand and explore the US, Euro, and Japanese markets might well be the game-changer for the ecommerce vertical. Competently backed by the revolutionary Blockchain technology, King-Store aims to infuse the immutability of its signature, ERC-20-based K-Chain Token (KCT) cryptocurrency to 1) streamline the seller registration process; 2) Help Asian SMB owners to develop and market eco-friendly products under the “KING STORE” brand and 3) increase the liquidity of KCT coin through the revenue of King-Store online shopping platform.
What Does King Store Bring To The Ecommerce World?
K-Chain Tech Inc is committed to normalizing the procurement, distribution, and marketing of eco-friendly products that require advanced certification that stands as a testament to its superior quality and traceability, all through the KING-STORE online shopping platform.
KING-STORE intends to effectively control our registered online SMB members by deploying KCT coin as the primary currency of the platform. This way, the sellers can be mandated to comply with the website or platform’s policies and conditions. Coupled with the necessity to pay a joining fee and annual fee with KCT to become a franchisee, sellers' credibility and the quality of products are established.
Finally, KING-STORE aims to set up a logistics and distribution center with local shipping partners to lower the cost and reduce delivery time. This way, we strategize to eliminate hidden charges such as import tax and shipping costs.
Final Thoughts
The most interesting note here is this avant garde vision has launched it’s ICO. Investors have been rummaging over the ICO. Although K-Chain has made it evident that this ICO is for all. Anyone can invest in the future with just 5 USD.
So go and check the website (www.kchaintech.com) and purchase some KCTs and be a part of a new future.