APOLLOX: A Decentralized E-commerce Platform

in #blockchain6 years ago (edited)

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ApolloX platform is a decentralized worldwide E-commerce platform created to put an end to the challenges being presently faced in the commercial marketplace as a whole and bring about whole new waves of positive improvement that has been offered by all the centralized and decentralized existing platforms.

This platform has come to restructure the whole e-commerce ecosystem by giving an upgrade to the existing level of security and user experience gave that the project exists as the primary e-commerce platform that integrates the truly necessary and demanded features required for the quick development of the Ecommerce sector all inclusive. As we all realize this new development is built on the blockchain, It will surely utilize the features provided on blockchain to save every user data safely and furthermore use technological inventions like AI and VR to provide an upgrade to the user experience.

APOLLOX E-COMMERCE ECOSYSTEM

ApolloX exists as a quickly developing community of manufacturers, sellers, customers, service providers and technologists. On this platform, it is realized that the ApolloX platform users are offered the chance to contribute and increase the value of the ecosystem for the benefit of all. ApolloX ecosystem promises to be as flexible and transparent as could be expected under the circumstances to provide tolerance for future purposes and users will be able to use the platform to carryout their personal businesses, with an abnormal state of resilient security. Having ApolloX as the intermediary between clients and users will surely get these truly necessary and demanded arrangements.

ApolloX Protocol

ApolloX protocol is a protocol layer that makes creating decentralized e-commerce applications and services on blockchain very easy. It comprises of other protocols, for example,

• Attribution Protocol: Attribution protocol pays community for referral activity and affiliate sales.

• Payment Protocol: Its capacity is to securely transfer payment between buyer and seller to stop fakes and quicken turnarounds.

• Reputation Protocol: Reputation protocol is a dependable review system for items and sellers. It rewards authentic top notch reviews and punishes fraudulent activities.

• Oracle and Data Protocol: This is a trustable data IO between ApolloX platform and external applications to increase the value of data in ApolloX platform.

• Arbitration Protocol: Its capacity is to resolve disputes in a transparent and well-organized route through stake and challenge with rewards.

• Community Built Protocol: Very soon every ApolloX member will be able to fabricate their own protocols that will best serve and advance the ApolloX community.

Merits of ApolloX

• Decentralized Marketplace: The decentralized marketplace comes with a supreme user experience.

• Independent Stores: The ApolloX platform provides independent stores with blockchain and the ApolloX network, the fees are usually very low.

• E-Commerce Services: This platform provides varies forms of commercial services for sellers and buyers, for instance a decentralized shopping data exchange, and decentralized shopping insurance marketplace.

ApolloX Token Economy

The ApolloX Token is referred to as APXT is created to ensure an easy way of carrying out transactions within the ApolloX ecosystem and also to promote participation by member of the ApolloX ecosystem.

The benefits of the APXT Token are numerous and there various ways members can earn and make use of APXT Token with the ApolloX community.

• Consumers can earn when they participate in sharing social records and connecting with informal organization.
• For payment of services on the Apollox network by the seller. Sellers can pay fees for advertisement and search positioning with APXT.

• Members get affiliate activity and get incentive using the APXT Tokens.

• Holding APXT token by Premium members get perks like rebates in purchasing and free service.

FOR MORE DETAILED INFORMATION, VISIT:
Website: https://apollox.network
Whitepaper: http://www.apollox.network/downloads/ApolloX_whitepaper_v1.0.pdf
Medium: https://medium.com/@apolloxnetwork
Twitter: https://twitter.com/apolloX_network
Reddit: https://www.reddit.com/r/ApolloX/

Author: Ty_ways
Profile: https://bitcointalk.org/index.php?action=profile;u=1997013

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