We are proud to announce our latest partnership will be with Spl.yt, an eNFT project that empowers a transparent e-commerce ecosystem.
Pinknode is thrilled to be joining hands with Spl.yt, an e-commerce supply chain infrastructure platform powered by the Polkadot blockchain. Spl.yt is making the moonshot of revolutionising e-commerce by fusing it with blockchain technologies. Spl.yt brands itself as, “the future of e-commerce and affiliate marketing,” and its business model and blockchain offerings certainly stack up with that claim.
Pinknode x Spl.yt Partnership
Pinknode is delighted to be appointed as the key node provider for Spl.yt, and will be providing infrastructural support for all users on Spl.yt. We understand that security is of the utmost importance when running a decentralised e-commerce platform and we are pleased that Spl.yt has recognised the reliability and security of Pinknode’s architecture. Pinknode seeks to alleviate Spl.yt’s developers and users the burden of node deployment and management, while they focus on maximising key business objectives, customer data security and transaction efficacy.
Since Spl.yt enables a smooth connection to Layer 2 eNFT infrastructure via Plug and Play, Spl.yt has opened the floodgates to connect Shopify, Magento and Woocommerce to the Polkadot blockchain. It should be noted that Shopify currently hosts a whopping one million stores in over 175 countries, while Woocommerce is home to a massive 5.5 million stores. These operators will be utilizing Pinknode’s infrastructure.
More on Spl.yt’s eNFT e-commerce solution
Spl.yt’s eNFT allows users to tokenize off-chain products, thus streamlining digital commerce and opening the gateway to data tracking throughout a product’s lifetime. Since every individual product for sale will have a unique e-NFT, the double-selling problem which currently plagues e-commerce on Web 2.0 will be eliminated.
Thanks to Polkadot’s Proof-of-Stake (PoS)-driven Substrates, Spl.yt can expedite decentralised e-commerce transactions with reduced gas costs. Spl.yt will initially utilise an Ethereum virtual machine (EVM) to integrate with Polkadot, via the Plasm parachain.
Summary
As more of this vast potential market begins to embrace Spl.yt’s eNFT ecosystem, they will simultaneously be exposed to the quality of Pinknode’s architecture and the cohesiveness of the Pinknode ecosystem.
Pinknode’s expectations for casting its net wide have been hiked up, as we can now initiate curious laymen to the security and speed of blockchain, via Spl.yt’s decentralised e-commerce business model.
About Spl.yt
Splyt is an e-commerce NFT infrastructure that connects e-commerce stores, brands, and affiliates. A unique eNFT is assigned to each item providing users with a globally updating inventory. An eNFT is a certificate of authenticity to prevent counterfeits, has a built in smart contract that holds money in escrow to avoid scams, and has a commission to incentivise affiliates and stores. The protocol is equipped with automated dispute and arbitration mechanisms, and is governed by consensus to maintain decentralization, flexibility, and user engagement.
Visit Splyt Website: https://Spl.yt
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About Pinknode
Pinknode is a Polkadot-only Infrastructure-as-a-Service project with the goal of accelerating adoption and empowering innovators to create on the most promising Web 3.0 meta protocol. By providing API endpoints through a streamlined onboarding process and maintaining secure, reliable and scalable node infrastructure, Pinknode helps innovators jumpstart development quickly and accelerates product life cycles.
If you want to know more about Pinknode, check out our website, follow us on Twitter, and join our Telegram to get in on the conversation.
