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Many people visited the idea to open their own business, a store, a small enterprise. But the realization of such desires seems to us very difficult. Today I want to tell you about a project that can turn your small object into a distribution center that will bring you revenue.

The Buying project is the world's first vertically integrated e-commerce platform based on blockchain technology. Using the latest developments in the field of blockchain Buying.com plans to give the market new benefits that are not available on previously created platforms that will improve its efficiency.

How it works:

Decentralization of electronic commerce will occur through the transformation of each garage, attic or even a cabinet into a small distribution center. Anyone can become a part of the system after registration and place their goods in any convenient place, or take them for placement and distribution and get for it tokens. This should solve the problem of logistics last mile (simply speaking courier delivery from the warehouse), which for a long time pursued e-commerce. This can be compared to Uber, which turns every machine registered in the system into a taxi.

The advantages of the project:

Mass pricing: allows consumers to recognize the price directly from the manufacturer.

Logistics in real time: uses the capabilities of blockchain to receive and send logistics data secured by smart contracts and protected by data encryption. For example, SHA-protocol.

Crypto currency: It uses its own crypto currency with which to conduct transactions on the platform.

Transparency and security: Combined the best of blockchain technology to provide customers with a digital registrar that offers a solution that is protected from fraud and automatically checks transactions.

An application is created to use the platform. At the moment, there already exists its MVP (the minimum workable product).

For the manufacturer of the goods will be given the opportunity to make quick purchases of goods. Access to consumer markets. There will be more customers with a wider reach.

For the seller will provide the lowest prices, ease of creating and customizing the store, the ability to buy directly from the manufacturer.

For the buyer, the lowest prices, simplicity of transactions, expansion of purchasing power, access to more goods.

The coin for this project is BUY. With this token, all internal transactions on the platform will be performed. The price of the token is 1 BUY = 0.07 USD

Road map:

Team:

A team of experienced specialists is working on the project. It is headed by an expert on digital transformation, analytical business and Internet technologies - a leader with strong technical and managerial skills - Raghu Bala. More details about the team can be found here.

Conclusion:

There is an open space on the market for an e-commerce ecosystem that has low transaction costs, extended delivery models, community-driven and fast platform with fast response time. By capitalizing on the solution of problems faced by competitors - speed, prices, fast response time, the Buying project has every chance to take a worthy place in the global e-commerce market. Obviously, Amazon.com has good opportunities for further integration into the blockchain of the e-commerce industry. However, blockchain, as it is currently defined, can not be scaled to Amazon's needs in millions of transactions per hour. Scalable block architecture must be part of the secure IP address of Buying. This ecosystem will provide functions such as automatic verification, optimization of shipping costs, increased security, smart contracts and an excellent pricing model. All this allows us to believe in the success of this project.

The uniqueness of the article here - 100 %

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