INTRODUCTION
The e-commerce market has boomed beyond what many of us assume it to be. At early stage of 20th century, the market is slumbering, but in this 21st century, the world statistics released just of recent shows that this sector is among the top 10 leading sectors with the highest market value, because majority people have adopted the system as a means of exchanging goods, services and acquiring their desire products. The challenges in e-commerce is the process of making payment; it requires paying through inter-bank or intra-bank account of the parties involved. All this process is very stressful and unsecured, couple with unaccounted charges that they will levied on transaction made. A group of an expertise has come up to build a better ways which payment could be made for e-commerce businesses; this lead to the creation of a platform called Chimpion.
CHIMPION
Chimpion is a blockchain-based project aiming to connect merchant and consumers together for an e-commerce business. Chimpion is creating an infrastructure that will make this ecosystem functioning and viable. Chimpion is expected to partner with numerous online stores which will be accessible through this platform when the time comes. This platform is design for different functions:
Chimpion will be a platform for e-commerce business where users can acquire and obtain goods and services via same system.
Chimpion comes up with function of “point of sale” which means you can order for a goods and pay through the Chimpion's infrastructure.
Chimpoin will have a digital wallet for sending and receiving of cryptocurrency. This will be helpful for the users to spend the cryptocurrency in their wallet to purchase goods while the merchant will be able to accept cryptocurrency for the goods they are selling and will store it in Chimpion digital wallet.
ADVANTAGES OF CHIMPION PROJECT!
Chimpion will be able to connect the customers or consumers to the available merchant. This will limit with the stress of searching for a particular product you want because Chimpion will link you straight to the merchant that has the type of product you are looking to buy. It will also be a help to the merchant because Chimpion will also links them with customers. This type of platform will sort out the challenges of marketing majority online stores definitely encounter because Chimpion will play the part of advertising a particular store, and its goods and services.
Chimpion can be used at the point of sale. This will be helpful for consumers to purchase any goods at anywhere they are and make payment without stress. This measure is very secure when compared to its fellow counterparts, it is more reliable and very effective for uses. Remember Chimpion is a decentralized platform, therefore, transaction charges is small and there won't be any maintenance fees which has constituted the previous infrastructure used for point of sale.
Chimpion is a blockchain based project, the platform use digital currency for monetary transaction. The advantage here is that the utility currency in this platform is a worldwide acceptable currency (cryptocurrency). This means you can be in France and make a purchase of goods in India without any currency barrier or currency exchange. This is a big plus because, in the previous model of e-commerce, if a merchant is in England (pound) and the customers are in Ghana (cedis), before a transaction could take place between them, there must be conversion from cedis to pound before payment could be made which in order way attracts extra charges with the conversion.
All the listed above advantage is what touch my mind to bring our notice about this sound project which I urge everyone of us to adopt.
CHIMPION TOKEN!
The platform utility token is known as CHIMP token. This is the token that will be used for buying of goods through the online stores and it will be acceptable by the merchant side which can be store in the Chimpion digital wallet.
There is another type of token Chimpion deals with called BNANA token, but they use it to reward users based on their contribution to the platform. The BNANA token is already trading at different exchange like mercatox and co.
IN CONCLUSION,
The main target of Chimpion is to build an infrastructure that will enhance the uses of cryptocurrency for an e-commerce ecosystem which I must commend that it is a welcome development. The Chimpion platform add value to both the consumers and likewise the merchants. If you have an online store, and you don't have enough fund to advertise your business, just come and register your business with Chimpion with little fee and go to bed while customers will be rushing your business lol. Chimpion, a blockchain and decentralized platform will deliver the outmost trust you could dream to have while dealing or making payment online. Chimpion is platform I recommend we should all embrace because they are fully reliable and trustable.
You can find more about Chimpion project by visiting the official links below:
Website ⇒ https://www.chimpion.io/
Whitepaper ⇒ https://www.chimpion.io/whitepaper/
Telegram ⇒ https://t.me/chimpionio/
Facebook ⇒ https://www.facebook.com/Chimpionio/
Twitter ⇒ https://twitter.com/chimpionio
Writer’s Information
Bounty0x Username: Romanbank