Langsung ke konten utama

ELEMENTH


what is Elementh?

Elementh is a blockchain designed for the e-commerce sector. This is a list of "goods ownership", which has the ability to write a special smart contract and use nomenclature standards to quickly create decentralized and centralized apps. 

FEATURES ELEMENTH

Nomenclature of Unified Goods
One of the main features of Elementh is the availability of a uniform nomenclature. To ensure that the item card is as accurate and accurate as possible, and to reduce the chances of making a duplicate card, the cost of making and using the card will be different. To create merchandise cards, participants must pay, for example 1 EEE (the price will be determined by choosing a delegate). When the owner adds items to the system, he is offered to use an existing card or create a new one. The use of existing cards costs 100 times less than the new ones (for example, 0.01 EEE). The cardholder receives a gift for each owner of the goods using his card, and also to make transactions using this card. Each participant in the system can complete the information in the existing card,

Originality of goods
The items in the system are in one copy and if the goods with the same serial number are added to the system, each dApp can notify the buyer that the origin of the item is unknown. If the ownership chain is from the manufacturer, the authenticity of the goods will be made throughout the network.

Goods system


In addition to the token system, Elementh has a merchandise system that can also be used in a variety of applications, such as tracking the movement of a particular object from its creation to the current owner, tracking original goods and the detection of counterfeit goods. Unlike the token system, the commodity system also allows for the "delivery" of a particular product to a particular address, indicating all possible item data (such as name, manufacturer, bar code, etc.). ). And if identical goods are already present in the blockchain, the sender will receive a message about him, and he will have the opportunity to indicate how many goods he wants to "emit". If an article has a serial number, To provide data forgery protection, only the hash of the serial number is fixed in the system, therefore only the person who knows the initial number has the opportunity to make a valid transaction. In the absence of a serial number at the time of "issue" of the goods, the system generates randomly and the holder is able to use it to identify a particular item by printing the QR code on the package, in writing it in an RFID tag or in any other practical way.

MISSION ELEMENTH

Add caption

Elementh's goal is to create alternative protocols for decentralized application development used by e-commerce, provide the standard quality nomenclature, guarantee the ownership of certain products and the ability to create smart contracts specifically for e-commerce. Elementh will achieve it by creating blockchain with the Turing-complete built-in programming language, enabling anyone to write smart contracts and decentralized apps, enabling the use of integrated product cards, e-commerce transactions and ownership transfers.

MARKET

From statista.com 
In 2016, global retail e-commerce sales reached $ 1.915 trillion. They are expected to increase to $ 4.058 trillion.


from statista.com 
The biggest market in the world is Amazon. Revenue exceeds $ 125 billion by 2016.


From statista.com 
The largest holding company in China is Alibaba Group.


Elementh Blockchain can be used by the world's online markets and stores for their nomenclature standards and goods systems. E-commerce is a growing market in all countries and the popularity of a decentralized market is a boon for the Elementh Foundation. If we are going to partner with all new markets, our blockchain can be standard in the e-commerce market.


Komentar

Posting Komentar

Postingan populer dari blog ini

SOUNDEON - Blockchain music platform that changes everything

Soundeon The advent of the internet has ensured a steady growth of the music industry. Perhaps the most obvious of this growth is in the music streaming business. In 2016, the streaming revenue growth was a staggering 60.4 percent. In fact, it currently makes up half of the recorded music revenue worldwide. The most successful of these streaming services, iTunes and Spotify make more profits which often benefit the cliques of powerbrokers rather than the actual artiste. Furthermore, the growth of the artist’s income through tour and events has causes intermediaries to pop up all over. These middlemen have turned something as simple as ticketing into an extortion scheme, victimizing both artists and fans in the process. This was why Soundeon was created. Now that we are done with the basic introduction, let’s deal with the first and most important question; WHAT IS SOUNDEON? Soundeon is a Blockchain platform that proposes a solution that’ll invigorate the basic busine...
Posting Komentar
Baca selengkapnya

BITFENCE - REMOVE HACKERS FROM YOUR NETWORK

ABOUT BITFENCE     The purpose of the Article is to present BitFence and HNY Token to potential token holders in connection with the sale of the proposed Token. The information listed below may be incomplete and does not imply any element of any contractual relationship. The sole purpose is to provide relevant and sensible information to the potential token holders in order for them to determine whether to conduct a thorough analysis of the company in order to purchase HNY Token. HNY Token is a utility token. This product is not a digital currency, security, commodity, or other type of financial instrument and has not been registered under the Securities Act, United States securities laws or any other state securities laws, including securities laws of any jurisdiction the potential token holder is a resident. HNY Tokens can not be used for any purpose other than those provided in Whitepaper, including but not limited to, any investment, speculative or other fi...
Posting Komentar
Baca selengkapnya

VoxeIX - Good ICO Project For Investement !

Community Regrads, In this post I will introduce about VoxelX BETA Products directly, and for more details let's go to the following discussion: Abstract Multidisciplinary learning is one of the most challenging tasks in medical education, both at postgraduate and postgraduate levels. And because the volume of information in medical science is growing rapidly, the demands on this type of learning are getting bigger. VoxelX's mission is to revolutionize multidisciplinary learning by creating an online DICOM platform to simulate medical learning. The VoxelX team is one of the few that has worked since 2013 in implementing DICOM-images in medical e-learning especially in the field of radiology. Our beta version of DICOM-platform has been published online at www. voxelx. com in December 2016 at the annual RSNA (Radiological Society of North America) meeting in Chicago, USA. The content of this platform is community-based, so that all members can share th...
Posting Komentar
Baca selengkapnya