KARTBLOCK - Connecting People the eCommerce Platform

You can have an idea and grow a respectable business from the scratch, but when you already have a business that is sustainable, and want to grow it faster with new technologies, that is easier thing to do. This is why KartBlock is interesting, this idea of decentralized e-commerce has a respectable business behind 27avenue.com, which is successful and plan to grow more.
Since E-commerce is needed today, market is growing very fast, and KartBlock plan is to be underlying blockchain technology for the further development of e-commerce business.

Only in last three years e-commerce industry revenue doubled, and it is forecasting that this year total revenue will be close to 3 trillion dollars.
Idea behind KartBlock ecosystem is very simple - to directly reward customers/users for their valuable contribution to the Kart Block platform, without the need for any middlemen.
How the system is functioning - person create user profile, through which can make online purchase and can create online store and list products on the marketplace. After successful purchase, product is shipped and delivered through 27avenue and logistic companies. Confirmed delivery ensures payment to/from user wallet, and provide info to logistic companies.
This brings transparency and security to e-commerce process through block-chain technology and decentralized applications, that can be seen on picture below.

The main Purpose of Kartblock is creating a border-less e-commerce platform and enabling tokenized payments, also uniting merchants and consumers around the world by eliminating middlemen. we will distribute 10 million KartBlock tokens to create and maintain a robust community of supporters and promoters through this officially thread announcement Which include the first phase of our bounty programe.
The economy global needed for nowadays is E-commerce .The Kart Block ecosystem is coming to turn point of the conventional marketing and sales industry where the primary focus was limited to product promotion.
Kartblock connects people all around the world, trade goods without intermediaries, send and receive funds effortlessly. Kartblock marketplace will allow vendors to sell direct to customers with cryptocurrency.
Through the use of the block chain users retain their data, blockchain technology gives power back to the users. The result is consumer empowerment and unparalleled sales potential for retailers and advertisers.

                                                          our vision:

Revolutionize the eCommerce industry with Blockchain technology and empower the buyers and sellers with unrestricted transparency.
Technology:
Decentralized/Blockchain Ecosystem is the technology layer of Kart Block ecosystem. This layer will be powered by the Ethereum blockchain network and native tokens will be standard ERC20 tokens. This layer will handle and record the payments, transactions, smart contracts, data verification, etc. through Hyperledger.
Industry:

eCommerce is a massively capital-intensive game. Problems of trust and transparency are almost always persistent, even when the best intentions are there, these problems can be eliminated by the Kart Block ecosystem. Through a decentralized architecture, every information is made transparent to all parties and insights are intimated so that the users can make the most informed decision possible.

                                                          KartBlock Ecosystem:

The Kart Block ecosystem at its core is a combination of e-commerce platform, digital wallet, and Tokenized reward mechanism. A simple yet powerful idea behind this ecosystem is directly rewarding the customers/users for their valuable contribution to the Kart Block platform, without the need for any middlemen.
How It Works:

DApp is an abbreviated term for Decentralized Application. A decentralized application has its backend code running on a decentralized peer-to- peer network. This gives DApps substantial advantage over the applications where backend code runs on centralized servers. The decentralized applications have front-end code similar to any other application where the interface is written in any language that calls to its backend. Also, these frontends can also be hosted on decentralized storage such as Swarm or IPFS.
Safe & Secure Data:
Kart Block aims to bring radical transparency in the e-commerce economy. The underlying blockchain technology guarantees visibility of the activities, transactions, and any data flow through the system. Unlike largely centralized marketplaces which do not share crucial data (for maintaining a marketing edge). Even merchants have to pay a hefty amount for the online user- generated data for their analysis. Kart Block will change this monopolistic system. Here, the transactions will be visible, and the merchants would be able to run analytics without any obstacles.
Blockchain technology:
Blockchain technology has already begun to change the face of the internet and our online interaction. The current global e-commerce industry has allowed exponential growth of the business and provided numerous opportunities to the users worldwide. But certain challenges need to be addressed as the online economy is becoming saturated and the real drivers of the economy (Merchants and customers) are deprived of the fair value for their contributions.
Core Technology:
Kart block ecosystem can be divided into two part :

Centralized Ecosystem: The centralized layer of Kart Block ecosystem will govern its Android & iOS app, and its website. This layer will run over the base layer, i.e., blockchain layer. For proper functioning, maintenance, and updating of these interface systems, they are kept under the company’s control, and open-ended development will be allowed in the future.

Decentralized/Blockchain Ecosystem: This will be core-soul technology layer of Kart Block ecosystem. This layer will be powered by the Ethereum blockchain network and native tokens will be standard ERC20 tokens. This layer will handle and record the payments, transactions, smart contracts, data verification, etc. through Hyperledger.

Token Economics
ERC20 type tokens are deemed as Blockchain assets that possess value, and can be used for trade, transactions and investment like any other digital currency.
Therefore, with the Kart Block token, the user can hold it, trade other currencies and assets with it or use it for transactions to purchase any other entity via the Kart Block platform.
Usage Of Funds

Token Distribution

Our Team:
Our Team Members are team Players dedicated to bring Energy, ideas and pride to our work. We have a multi cultured Team andtogether we build a community at KartBlock. They are specialist in their fields, you can Learn more about them here.