APOLLOX- A Platform for Global Decentralized E-Commence.

E-commence marketplace is a very convenient way of shopping. It is a place or website where one can find different brands of products and services, and can be ordered from the comfort of your home. The global e-commence market is growing rapidly in almost every country. Individuals in different parts of the world now look beyond their countries in shopping online. Potential buyers are looking for better goods, products, terms and services before purchasing and that’s why they look beyond their borders. However this centralized system of e-commence comes with some challenges which includes

The issue of trust, cause people are now scared of transacting online with people they can’t see. Alot of bad experiences have made people lose trust shopping online. Some got substandard and fake goods while shopping online, this affects the sellers tremendously cause they find it difficult to earn their customers trust. Sellers try to gain trust and credibility by paying for ads which are usually expensive. They also join a marketplace by paying their endorsement fee to earn trust.

Secondly consumers don’t usually have access to their online shopping data and they can’t determine who can assess their online shopping data as well. These lost of transparency of data usage affects the benefits of both consumers and sellers.

Some affiliate networks sometimes play the role of Middle men in monitoring and managing data. These intermediators makes achieving profit their first priority rather than helping in providing a really economical and fair trading environment.

WHAT IS APOLLOX

Apollox is a decentralized ecosystem connecting buyers and sellers with trust and efficiency and without information silo and commission fees. The team have been working together to make the e-commence platform come through. The platform uses blockchain technology to regulate and provide a very trustworthy environment. It will benefit both buyers and sellers cause it will provide an optimized shopping experience without the interference of any intermediary.

Features of APOLLOX And The Solutions It Offers.

1)Customers will feel comfortable and protected shopping on an online store powered by APOLLOX protocol cause any dispute about a transaction over the Apollox protocol will be handled by the arbitration process of the Apollox protocol to ensure its fairness and transparency. All related shopping data is stored in the blockchain.

2) In Apollox protocol all shopping activities are only accessible by the buyers and sellers. No third party will have access to shopping behaviour data including Apollox platform. It ensures privacy and security. It helps the sellers to get to know and understand their customers. This data control helps and protect smaller brands from unfair competitions.

3)Every transaction in Apollox is peer-to-peer which eradicates all middlemen that attracts extra fees and results in lower productivity. The elimination of intermediaries in every aspect of e-commence transaction will help create discounts for customers.

Apollox Protocol Modules.

All transactions and delicate information will be maintained by a smart contract system. There are some some unique and essential built-in features for the easy e-commence transactions. These are

Attribution Protocol

Payment Protocol

Arbitration Protocol

Reputation Protocol

Oracle and Data Protocol

Apollox Token

Apollox Token (APXT) can be used within the system in so many ways :

-Sellers can bid for promotional services or order things to be listed in the platform using Apollox token.

-Customers can purchase goods and services using the token in the platform. Fiat currency can also be used.

-Customers can receive Apollox token as a reward for loyalty.

-Apollox miners receive the token as a reward for their contributions for providing resources for the platform.

Token Flow inside Apollox Network

Token Distribution

Attached below is the distribution flow of APOLLOX token

Conclusion.

Apollox platform is the future of e-commence marketplace. It’s goal is to provide a transparent, secured, economical and a fair trading atmosphere. These platform will benefit both the sellers and the customers.

For more information about Apollox, visit

Website : https://apollox.network/

Whitepaper: https://apollox.network/whitepaper

Facebook : https://www.facebook.com/apolloxnetwork/

Twitter : https://twitter.com/apolloX_network

Telegram : https://t.me/apolloxgroup

Medium: https://medium.com/@apolloxnetwork

My Bitcointalk Username : Chicky213

My Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2315939