Largo Coin is a crypto project that wants to remodel how traditional e-commerce systems are working. In place of the current structure, Largo Coin wants to create a new variant of e-commerce that will be based on both the consumers and the merchants.
It’s been a long time coming since the world yearned for such an e-commerce model that will be user-oriented. So, it is impressive that Largo Coin is already doing a great job in that regard.
APPLICATIONS AND USE CASES
Of course, there are many places that Largo Coin can be used. Alongside the blockchain network, these applications and use cases will further increase the usability of the Largo Coin, and which will, in turn, bolster the increase of the coin’s value.
Now, there are many applicable cases where decentralized e-commerce solutions can be applied for maximum productivity.
1. B2C & C2C
In the business ecosystem, there are defined patterns for business transactions. On the one hand, there is the Business to Business (B2B) pattern designed for businesses to inter-transact. There is also the Business to Consumers (B2C) model designed for businesses to transact with the customers/buyers.
Now, more business models are launching, and some of them are:
- Consumer to Consumer
- B2C also comes in here too:
Scalability
Speaking of scalability of transactions, Largo Coin designed it in a way that transactions will be scaled in a few seconds. That adds another feather to its cap because it means that Largo Coin will facilitate transactions and initiate instant payment processing faster than traditional blockchain networks would.
Distributed, Autonomous Marketplaces
Since Largo Coin is concentrating on the global e-commerce industry, it means that it is committed to doing all it can to ensure that the current challenges in the system do not continue.
That informs the reason why it opted to create a distributed and autonomous marketplace that is fully packed with features that will move the global e-commerce industry from where it is to where it ought to be.
Some of the highlights of the Largo Coin distributed, autonomous marketplaces include:
- Adaptability to money and resource control/management
- Tracking of products and services facilitated via the network
- Self-accommodating chain of transactions
2. Enterprises
The variety of decentralized e-commerce products and architecture used by Largo Coin can also be usable in enterprises.
Of course, it is the real deal for large corporations and customers who have been looking for a way to leverage the distributiveness of blockchain network. With what Largo Coin has in store for them, it is safe to say that the time to move enterprises forward has come.
The structures that will enable that include but are not limited to:
Frictionless Business Transactions
Instead of frictions tenable in traditional business ecosystems, Largo Coin has designed a way to ensure that it doesn’t continue.
The idea is to empower enterprises to make and execute self-administered blockchain networks and smart contracts that will oversee transactions and scale the same in real-time.
Security of Information Exchange
Exchanging information needn’t be stressful, as Largo Coin has made it easier for enterprises to enjoy financial security during transfers.
It is evident in the security of information exchange, as enabled by digital currency transactions.
Wrapping Up
Largo Coin is reshaping e-commerce transactions by making impressive impacts in the core areas, including enterprises and the B2C and C2C business sectors.
What other use cases and applications do you think Largo Coin will make the most impacts?
USEFUL LINKS
Website: https://largocoin.io/
Whitepaper: https://largocoin.io/wp-content/uploads/2019/06/WP-v4-converted.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=5200762
Telegram: https://t.me/largocoin_chat
Twitter: https://twitter.com/largocoin
Facebook: https://www.facebook.com/LargoCoinPublic
Medium: https://medium.com/@largocoin
Reddit: https://www.reddit.com/r/largocoin/
AUTHORS DETAILS
Bitcointalk Username- Devotea
Bitcointalk Profile link- https://bitcointalk.org/index.php?action=profile;u=2767689;sa=summary