Minggu, 17 Februari 2019

The Concept of eLYQD in Ecosystem

eLYQD is assumed to be a gateway to a global economy where consumers and suppliers interact directly. The eLYQD platform provides appropriate means as well as establishes relevant rules for the participants to enjoy the benefits instant and immediate value exchange deal, for instance selling and buying e-liquids or services.
Among the main success of internet has been ensuring that e-commerce platforms are thriving, through ringing different kinds of e-liquids at affordable prices to a great number of consumers. The platform is easy to use, and on it, the consumers can share instant feedback on the products they have purchased.
As long as manufacturers meet certain requirements of the eLYQD e-commerce, they will be in a position of accessing a consumer base that allows them to offer products at competitive prices that allow them to leave room for a sensible makeup. Manufacturers will receive proceeds from the sales.
With the help of blockchain technology, the purchasing decision on eLYQD is based on the transparent information. eLYQD connects consumers and manufacturers in a platform where e-liquid products and services are vetted based on their real values and the community consensus.
Organically, the number of suppliers and consumers at eLYQD will increase. This will be further facilitated by a mechanism that is responsible for managing the social relationship as well as behavior within the e-commerce, though these must be in accordance with the patterns and models that social scientists have established.
Both consumers and manufacturers have access to basic functions of eLYQD. Manufacturers can offer their items by dividing them into different categories through a general catalog and at the same time create an online shop. Manufacturers are also in a position of customizing a discount system by value or percentage. On the other hand, the consumer can order products in addition to facilitating the fulfillment process of the order.
The eLYQD e-commerce’s core element is blockchain. This is a noteworthy innovation being used by eLYQD for purposes extending beyond the undeniable applications. As it could be normal, Ethereum-based blockchain in eLYQD will be utilized to transparently and evidently keep a record of every payment being made by clients on the platform. However, it keeps a digital print of all transactions. The eLYQD platform will be designed as a high-stack system. The market potential for the eLYQD eco-commerce comprises a huge number of clients, each of them making various requests per year. The primary spotlight is on performance, in which we look for savvy contracts support, consistency, dependability, and ease of use. We intend to utilize the most proven and versatile open source technologies and continually monitor alternative specialized implementations. As the current blockchain platforms such as Ethereum have an inherent limitation in exchange bandwidth, and imminent platforms and structures are just in the development organize, we additionally consider designing and building up our own eLYQD blockchain stage in the future, where hubs are selected from a semi-confined in a set of supporters. A brilliant contract virtual machine will run over the accord algorithm. The eLYQD blockchain’s state will be frequently secured to the most popular smart contract ledgers so state’s proof, as well as proofs of financial transaction, can be checked.
eLYQD: An Excellent Platform for Vaping Industry
eLYQD has a decentralized nature that offers significant advantages over centralized and traditional e-commerce platforms. It opens up a fast-growing market to the user segment as well as new business. It enables the users to list products for sale, make purchases and at the same time create an online store. Likewise, the eLYQD has effective tools that facilitate user experience and at the same time protect merchants and customers.
Some of these tools include escrow, search, and customizable filters. These tools are meant for screening items illegal in some jurisdiction. What is more, eLYQD does not encourage centralization, hence allowing lower fees, zero censorship and high privacy degree.
Since the platform does not have middlemen, retailers, and wholesalers, the social interactions’ efficiency would tremendously increase. As a result, the purchasing power of the clients/consumers will definitely increase something that used to be a dream in the past, though today it has become a reality because of the modern technologies.
eLYQD has been designed in such a way that encourages free trade. Individuals, contractors, and companies can conduct their business with each other effectively and privately without prohibitively high fees, censorship or interference through Ethereum blockchain. Also, eLYQD has a committed team that comprises of people with various backgrounds and careers that have brought about the blockchain technology.
Because of eLYQD network’s advanced technical features, it recognized the non-technical challenges associated with the decentralized marketplace, especially to the user adoption, for instance, what are needed in order to localize the eLYQD marketplace in different languages in addition to tailoring and adapting it for the needs of different legal jurisdictions.
eLYQD addresses the deficiencies that have been faced when it comes to developing, built on Etereum, a decentralized e-commerce platform. The eLYQD implements smart contracts in order to offer an e-commerce infrastructure as well as use cryptocurrency to purchase products as well as merchant listing fees.
The eLYQD eliminates the country borders while connecting vaping consumers as well as manufacturers all over the world. In addition, the on-demand system, which is enabled by the LYQD token, to solve the problem associated with the cross-border payment, accessibility of data together with payment risks. This exposes all the vaping items and products in a way that they are easily accessed by users all over the world.
The fact that retailers and wholesalers have been eliminated from this platform is a sign that both buyers and sellers will have a transparent and more personalized shopping experience. Also, since there is a variety of vaping product on this platform, consumers will be in a position to choose from the variety at the most affordable prices. Another great thing with the eLYQD is the fact that it allows small and large vaping manufacturers to sell their products and at the same time access the global market.
In a nutshell, the purpose of eLYQD is to offer the user with an awesome shopping experience at an affordable fee as well as making the experience to be more transparent, secure and personalized.
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