GENERAL VIEW ON KARTBLOCK CONCEPT:
E-commerce was created in less than two decades and quickly became the standard for much of the world's population to buy items. The year 2000 was a year in which a large number of companies in the United States and Western Europe began to represent their services on the World Wide Web. KartBlock’s goal is to create an unlimited electronic commerce platform and enable symbolic payments, which also brings together merchants and consumers around the world eliminating intermediaries. In the United States, e-commerce sales accounted for 3.4% of the total revenue of the traditional "brick and mortar businesses" in the United States by 2007, which also decided to offer their goods online. In the period 2000-2010, e-commerce services will expand in addition to the purchase of food ordering products, streaming media, online advertising, e-commerce payment systems and online retail stores.
ABOUT KARTBLOCK:
E-commerce in today’s world is an integral part of the global economy. The kart-block ecosystem is the turning point of a conventional marketing and distribution industry, with a focus on product advertising and advertising revenue. Kartblock connects people from all over the world, exchanges goods without intermediaries, simply sends and receives money. The kartblock market will allow sellers to sell directly to customers with cryptocurrency. By using a blockchain, users save their data, and the block technology returns the user's energy. This leads to a stronger consumer and unparalleled sales potential for retailers and advertisers.
THE KARTBLOCK VISION:
Revolutionize E-commerce industry with Blockchain technology and give buyers and sellers full transparency. The decentralize/blockchain ecosystem is a kartblock ecosystem concept. This level is supported by the Ethereum Network and the original token becomes the default ERC20 token. This layer processes and logs payments, transactions, intelligent contracts, data verification, etc. Through Hyperledger.
THE KARTBLOCK INDUSTRY:
E-commerce is a massive game capital intensive. The question of trust and transparency is almost always persistent, although there are good intentions, this problem can be eliminated through the Kart-block ecosystem concept. A decentralized architecture ensures that all information is transparent to everyone involved and perceptions are intimidated so that users can make the most appropriate decisions. The Kart-block ecosystem is basically a combination of electronic business platforms, digital purses and tokenized gift mechanisms. A simple but powerful idea behind this ecosystem rewards customers directly for their valuable contribution to the Kartblock Platform without the need for intermediaries.
CHALLENGES:
They think E-commerce is great. But it could be better. The E-commerce market is supported by local resellers who receive orders through web platforms and run them through third party systems. This leads to a massive gap in the fulfillment or mediation of corruption. With increasing market access for online shopping, these bugs can be a major barrier to eliminating the interest of the target audience. Another challenge for the market is the lack of transparency between providers and platforms. Retailers do not have valuable information on conversion rates, exit rates, and traffic sources on their product pages. Ultimately, they are the intermediaries that are the main obstacle to the E-commerce industry's buying process. They are responsible for both cost increase and slower transactions. In the case of payment gateways accepting credit cards, some incredible fees of 2.9% are charged over the cashier's cost. These additional costs often cause customers to buy in the final stage. Again, retailers are helpless when losing sales.
KARTBLOCK BENEFITS ON E-COMMERCE:
Through leveraging Blockchain technology, can give the e-commerce market the following benefits: • Remove intermediaries who do not add value to a product or service but only benefit from commissions; This reduces transaction costs and improves the user experience.
• Increased transparency. Consumers and retailers know how and where their money flows.
• Allow traders to create analytics data about their audiences - data that helps them understand and retain users more strategically.
• Rewards and incentives for Kartblock Platform users to maintain and motivate them through kartblock tokens. • Creating growth opportunities for the e-commerce industry through fierce competition.
• Create new dynamics in product ads and user interactions through clicks and recommendations.
• unlocking the potential of other companies based on technology data by providing clean and unaltered data.
THE KARTBLOCK ROADMAP:
KARTBLOCK TEAM:
CONCLUSION:
In conclusion, Kartblock concept creates a trusted online market where customers can communicate and shop directly with merchants. Each user of this Kartblock concept will be rewarded with crypto tokens to add value to the ecosystem. They saw the need to remove intermediaries who are notoriously slowing down and hindering the process, and envisioning themselves through a cross-border payment gateway that connects merchants and consumers around the world.
I recommend that you look again at the official site of the project and its media sources. All necessary links can be found below:
For more information below:
Web site: http://kartblock.io/
Report: http://kartblock.io/wp
content/uploads/2018/05/kartblock-final.pdf
Telegram: https://t.me/kartblock_Community
Twitter: https://twitter.com/KartBlock
Author’s Details:
My Bitcointalk Username: Dtotti78
My Bitcointalk Profile url: https://bitcointalk.org/index.php?action=profile;u=2343031