Although there are niche ecommerce projects that use blockchain technology. Vanig - the first platform for e-commerce with integrated supply chain integration, which works from blockbuster.
In addition, as far as I know, in the world of crypto protection there is no other e-commerce that works on developing AI algorithms to combat some of the pain points in shopping, such as fake reviews.
Therefore, there is no real competition for the Vanig project, at least for key decisions brought to the table.
E-commerce is the latest and efficient marketplace for all our needs. This has become the fastest growing market in the world. The market of e-commerce is on the rise due to various factors, such as the large-scale adoption of the mobile Internet and the rising penetration of internet usage in the world. One of the core pillars on which the industry stands is the efficient operation of the supply chain industry.
The efficiency of the supply chain operation determines the success of the e-commerce industry. Unfortunately, there are many reasons for the supply chain industry, such as lack of transparent and visible supply chain, complex system with multiple participants. Many other challenges are also present in the industry such as lack of tracking tools and nonexistent inventory management. There is a need for a platform that can solve the challenges mentioned above.
Solution offered
Vanig is offering a solution for the e-commerce industry. It is building the world's first integrated e-commerce with the supply chain functionality. Based on the smart contract, various points of supply chain are connected on the blockchain. HyperLedger's sawtooth technology is deployed for simplifying the supply chain process and eliminating intermediaries. Provenance information about the top products is provided on the platform so that customers are satisfied and secure.
Artificial intelligence and machine learning are used for creating effective advertising on the platform. Manufacturer of the products, retail & wholesale, and consumers are important part of the platform. These three entities are connected to the platform through the smart contract technology. The app created by the team can be downloaded by the users of the platform to access millions of products. Security and transparency are the key principles on which the future of the platform is dependent.
Competitive pricing, authentic reviews, shorter recall process, real-time tracking, multi-party contracts and easy products listing are a few of the many qualities of the platform.
Conclusion
Trillions of dollars' worth of transactions are completed in the world. Amazon and Alibaba are the biggest giants in the world of the e-commerce industry. Gross total value of B2B e-commerce is estimated to be 20 trillion dollars in 2017. The future of the e-commerce market will be decided by the kind of technology we adopt for growth and development.
Blockchain technology will reduce inefficiency in supply chain and provide direct interaction between consumers and suppliers. I think that e-commerce industry will see another revolution with the help of blockchain technology. What do you think about the services offered by the industry? Are we ready for latest e-commerce platform?
For more information, click the link below:
- Website: https://vanig.io
- Whitepaper: https://vanig.io/assets/pdfs/vanig-whitepaper-v-4.8.pdf
- ANN: https://bitcointalk.org/index.php?topic=3252952
- Telegram: https://t.me/vanigplatform
- Twitter: https://twitter.com/vanigplatform
- Facebook: https://facebook.com/vanigplatform
- LinkedIn: https://www.linkedin.com/company/vanigllc
- Reddit: https://www.reddit.com/r/vanigplatform
Author: Dangdingdongbray
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1767724
ETH: 0xd48Bd92737914E7dA48CbFE7974926216Dfec973
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