What is Buying.com?

Buying.com is the first e-commerce protocol that allows consumers to buy directly from manufacturers wholesalers and distributors. It’s the next generation of centralized E-Commerce Platform that harnesses the power of distributed ledger technology along with innovations in Bulk Pricing, Real-time Logistics, E-Commerce, and Cryptocurrency.

Buying.com DPA app

DIRECT PRODUCT ACCESS

Our DPA App which is currently being built by our team of developers will be enhanced with a transparent community for commentary and feedback. Not only will this app be the home for our purchasing portal, but it will also include a one-of-a-kind social community. Our community is packed with features including a unique grading system for suppliers and products, a place for consumers to share thoughts, and a portal to submit requests. The utilization of the manufacturers’ MOQ will encourage our users to socially share the deal to hit the quota and also build our membership virally. The app will be capable of directly linking all social media profiles, including the latest social platforms of the Third Web.

ABSTRACT

We are one human generation into the Internet age and e-commerce has really become part and parcel of modern life. This impact has been felt through the unprecedented growth in online shopping and the move away from retail. This transition has been made possible by better technology, more creative distribution methods, a scale of operations and a change in shopping habits.

Buying.com is a company that aims to reshape the landscape of e-commerce the same way the last generation of companies did. We believe that there are new business models, new ways of distribution, more effective methods of leveraging purchasing power, and efficiencies in logistics and back-office operations that can help power the next wave of e-commerce.

E-commerce, in its current form, involves many moving parts including storefront creation, back-office operations, purchasing, fulfillment, distribution and more.

Our value proposition is:

MicroDistribution: Microdistribution channels powered by decentralized networks and distributed ledgers. Purchasing Power: Harness the advantage of wholesale pricing by offering Direct to Consumer pricing by peer to peer networks. Storefront Creation: Provide a first of its kind e-commerce platform that enables e-tailers to plug seamlessly into the decentralized network. Fragmentation: Enable smaller retailers who do not have the access to a vertically integrated services to pose a serious threat to larger retailers such as Amazon and Walmart by offering fully integrated back-office operations coupled with our decentralized networks, micro distribution and peer to peer networks.

We are changing the rules of the game. This is the new era of Decentralized E-Commerce.

Manufacturer Benefits Online Retailer Benefits Consumer Benefits

EXECUTIVE SUMMARY

Buying.com is a next-generation decentralized e-commerce Network that harnesses the power of distributed ledger technology along with innovations in Bulk Pricing, Real-time Logistics, e-commerce, and Cryptocurrency.

Top 10 Reasons How Buying.com is changing the face of E-Commerce

World’s first vertically integrated e-commerce Platform on Blockchain. Decentralized Distribution to compete with Amazon and Walmart’s reach leveraging existing latent capacity of garage space similar to Airbnb model. DropShipper.com storefront technology that is superior to $17 Billion Shopify. Direct to Consumer Technology that provides Buyers to group purchases together to meet Minimum Order Quantities to gain economies of scale — with advantages of Costco or Alibaba. Built-in BUY Tokens Cryptocurrency with incentive schemes for Node operators to help scale the network. Delivery Network to match local delivery at the last mile with Uber-like capabilities for anyone to deliver goods. Real-time Logistics Date: Manufacturers, Businesses, and Consumers will have seamless access to real-time shipping data to optimize drop shipping costs provided by a permissionless, public blockchain — more transparent than FedEx. We combine the best of blockchains to offer customers a digital ledger that offers fraud-proof solution and auto-verifies transactions for a tamper-proof, secure, immutable audit trail. Integrated back office e-commerce processing technology comparable to Salesforce.com. Access to hundreds of brand names for sale through e-commerce storefronts.

MARKET OVERVIEW

Rise of E-Commerce

In July 1995, Amazon.com opened its doors to the world, offering internet users the ability to buy books in its online store, billed as “Earth’s Biggest Bookstore.” Just four years after its launch, Amazon.com reached $1 billion in sales — an astonishing feat that took Macy’s 134 years to achieve. Today, Amazon is an e-commerce juggernaut with 100 million customers worldwide enrolled in its Amazon Prime program and nearly $178 billion in 2017 net revenues.

THE PROBLEM

WeBuy* — We leverage the purchasing power of millions of consumers and small businesses. Our Prime Protocol feature, WeBuy*, will hit MOQ levels of retailers, manufacturers, wholesalers, or liquidators to offer the best possible pricing on products. Each individual will receive the best pricing by combining their purchasing power with other people interested in buying the same products.

E-Commerce Landscape

The current ecosystem for e-commerce has evolved from the mid-90s during the first wave of Internet technologies, with most major brands and retailers maintaining a web and mobile e-commerce presence.

Current State

If one were to deconstruct the e-commerce ecosystem, it would involve several moving parts and dominant players in the segment:

Storefronts — Shopify.com. Payment Processing — Paypal, Stripe. Shipping and Fulfillment — FedEx, UPS. Back office processing — Salesforce.com.

As more consumers go online to buy products each day, the demand for e-commerce continues to grow. However, inefficiencies persist in this segment, which includes:

Last Mile Distribution: This is a problem not only for small retailers but big retailers as well. Purchasing Power: While more consumers go online to purchase goods and services, there is no efficient mechanism to consolidate their purchases to derive wholesale pricing. Fragmentation: Smaller retailers do not have the access to a vertically integrated service platform to pose a serious threat to larger retailers such as Amazon.

THE SOLUTION

Buying.com is poised to be a major player in the e-commerce space by disrupting the status quo, bringing about efficiencies in the ecosystem benefiting both the supply and demand sides of the equation. By utilizing state of the art distributed ledger technology (blockchain) provides Buying.com new asymmetric advantages that enable it to bring about market efficiencies which were not available in earlier generation platforms.

Groundbreaking Innovations

We plan to do this through the following groundbreaking innovations:

Microdistribution: We offer the decentralized by turning every garage into a distribution center. Bulk Pricing: Enables consumers to receive directly from manufacturer pricing through bulk order quotes unlocked by achieving the Minimum Order Quantity (MOQ). Real-Time Logistics: Leverages blockchain solutions to deliver real-time logistics data, provide trans-parent smart contract enforced audit trails, integrate PROXEUS, & protect users with data encryption such as the SHA-protocol that will keep information secure. Cryptocurrency: Utilizes its own cryptocurrency as a token which is used for transactions on our system. Transparent and Auditable: We combine the best of blockchains to offer customers a digital ledger that offers the fraud-proofing and auto-verifies transactions leaving behind a transparent, immutable audit trail.

Blockchain technology is the second coming of the Internet revolution, and a new era is born. Buying.com is a major disruptor in the e-commerce space. With its technology platform and decentralized networks it is revolutionizing how commerce is conducted in a multi-trillion dollar industry. Buying.com has the right business platform and strategy to be the next Amazon in the new e-commerce generation.