Blockonomics: The powerful combination of Cryptocurrency and e-Commerce

in #cryptocurrency6 years ago

In the advent of so many technological advancements, a lot of businesses are finding ways to also leave a mark in the digital world and increase brand awareness. One good way to achieve this is by creating an online business portal where their loyal patrons can successfully browse through all their products and services.

By doing so, they are giving their patrons a convenient way to shop in the luxury of their homes. But with so many online shops emerging, one great barrier that stops so many shoppers from patronizing online businesses despite the convenience it offers is the extreme top-fees. Because of such, instead of giving off some good vibes, shoppers will be left dumb-founded with huge fees and end up closing their online shopping carts.

While doing online shopping, varieties in payment methods is one of the things shoppers look in to before purchasing. Current payment methods include credit cards and a few payment center partners. But if an additional method could be added that will help lessen the fees and create more secured transactions, then every shopping experience will be a lot better. With this being said, the emergence of Blockonomics is now slowly changing the digital payment scene.

Blockonomics is the online revolution of digital payment and a great mixture of the power of both Cryptocurrency and e-Commerce.

To put things simpler, Blockonomics is an online payment processing platform that will aid online merchants and businesses who are accepting digital currencies as one of their payment methods to grow bigger even more. By doing so, they will be able to cater to a much larger audience given that Cryptocurrencies and Blockchain Technology is fast growing and gaining more patrons and users every day.

As Patrick Byrne one said, the Chairman and CEO of Overstock.com, “Bitcoin is well-suited for online transactions. It has no transaction fees and works well for international customers. Providing this convenience for the cult-following Bitcoin customer is the smart thing to do”.

With the growing population of bitcoin users and benefits of using it, it will definitely not hurt businesses to start investing with Blockonomics that will provide them a secured digital wallet.

The Bitcoin Benefits

When utilizing Bitcoins in businesses, it promises great benefits not just to the merchant or the buyers, but to both entities.

Ease of Payment

And because paying through Bitcoins takes less than a second, it saves users a lot of time energy and caters so much convenience. There will no longer be a need to do so many paper works to fill at and automation of payment processing will makes things a lot easier.

Unpredictable Price Cost

As the value of Bitcoin continues to grow along with the market, a time will come when a huge increase will be evident. Investing in one now will give businesses a chance to harvest it on the next few years to come.

Disconnection to some Geo-political barriers

One thing that makes online payment and shopping really difficult is when a shopper places an international order, which is really common to many. And because of some intermediary entities in between and some legal bindings, shoppers will end up paying a lot more than expected. But if a single currency will be used, top-fees will be lessened and the secure nature of the Blockchain Technology will eliminate the need of such intermediary entities such as the banks.

The Blockonomics Products

Block Explorer

This is Blockonomics’ Invoice management platform. This allows merchants to provide a peer-to-peer-based invoice system that will only be made traceable and known to immediate parties, not even Blockonomics will know what contains in every single invoice transaction.

Merchants will be searching for a bitcoin address to which they want to receive payments from. The generated address from this P2P invoice initiation will be shared to a user to whom the merchant is waiting for some payments. A new address is recommended for every P2P Invoice transaction to keep the level of security. All invoice details will be kept in a secret key kept on the browser that will only be made accessible to both the merchant and the user.

Merchants will also have the chance to oversee invoices in a single bitcoin address.

Wallet Merchant Service

Merchants will now be able to directly link all inbound bitcoin transactions to their digital wallets. Popular digital wallets are supported and popular e-commerce websites’ Blockonomics plugin is also made readily available to allow merchants to start accepting bitcoin payments and manage their bitcoin finances.

Send Bitcoins Via Mail

Blockonomics will also allow sending in Bitcoins for free through e-mail. Sending in money through bitcoins through your loved ones has never been this easy and secured as how Blockonomics did it.

The Blockonomics Token

The digital currency of Blockonomics is called BCK. BCK will be used to support BCH, LTC and ETH.

Buyers will be able to use BCKs on Blockonomics-powered platforms with no service charge for every BCK transaction on the platform. As for e-commerce business partners, users paying with BCKs will get discounts on purchased items and will be gaining rewards and benefits for every purchase.

As more and more users incorporate BCKs on their transactions and purchases, the more the value of BCK increases.

Token Sale Details
Token: BCK
PreICO Price: 1 BCK = 0.01666667 USD
Price: 1 BCK = 0.02 USD
Platform: Ethereum
Accepting: BCH, LTC, ETH
Hard cap: 10,000,000 USD
Country: India
Restricted areas: United States, India, China

To know more about the technical details and aspects of the project plus their latest updates, visit their official social media pages and website:

Bitcointalk Announcement Thread: https://bitcointalk.org/index.php?topic=4421484
Website: https://ico.blockonomics.co/
Whitepaper: https://ico.blockonomics.co/docs/Blockonomics_Whitepaper.pdf
Telegram: https://t.me/BlockonomicsICO
Facebook: https://www.facebook.com/Blockonomics-1619324884975855/
Twitter: https://twitter.com/blockonomics_co
BCT Username: AmorFati
BCT User Link: https://bitcointalk.org/index.php?action=profile;u=2077040

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