Aug 3 2018
Dealjoy And The Groundbreaking Cash Back Platform
As the information and technology progress, there is a lot of human advancement that has been felt by the humanity itself, and one of them is the online shop revolution. The online shop is genuinely revolutionizing the way of personal shopping since the traditional shopping is very different since it utilizes the technology and the proper equipment, whereas the traditional shopping will involve a large building that acts as a store and the warehouse. It means that the store needs to be more significant for the store to have more goods and so forth. This is very inefficient since the store needs to be big enough and then the merchants need to spend a lot of money to open their shop. The customer also needs to come to their shop and purchase their goods directly, which the store could not have since the store won’t have everything due to the size and the capital.
But that is only not happening in the world of the online shop. The online shop platform such as the Alibaba and the Amazon is merely the collection of the smaller online shop which sells everything, from the electronics stuff to vehicles, and so forth. Those shops will almost have anything that is wanted by the customer, and the amount will be tremendous so that the customer will have many options and choices since the online shop consists of so many merchants and vendors. The customer also will be able to shop there with just a swipe of the hand, and the goods will be then delivered to the customer’s place via delivery express. That is a very convenient way to do some shopping.
But even if those mechanisms already seems flawless, there are a lot of issues that are now still plaguing the online shop system and thus reducing the experience of the user to shop via online. These issues need to be resolved as fast as they can to make to encourage more user to do some online shop. Here are the issues of the online shop that we faced recently.
- Trust issue
This issue related to the goods and the information that is contained in the goods itself. As we can see, the goods in the online shop will be described by the merchants, and that information is the only way to know the quality of the products itself. There are some people out there who put an inaccurate description of products and thus making the customer disappointed or even shocked as they have already received the goods. Those issues are very damaging to the whole online shop ecosystem as it makes the people less trusting to the online shop and thus makes the people avoiding the online shop and returns to the traditional shopping.
- Complicated cash back mechanism
The cash back features are probably one of the essential features of the online shop that has successfully attracted so many people into shopping in the online shop. This is because the cash back will allow the people to gain money while shopping and the people can use that money to shop more. That is brilliant, but unfortunately, there are several complications on the issue, and one of them is the mechanism itself. Up until now, the mechanism of the cashback has been very limiting as the customer need to spend a minimum portion of their money to get their cash back. The cash back withdrawal also will take a long time since the user can only redeem it after 2 or 3 months per transaction. That is quite tedious and therefore need to be set correctly by the other platform.
- Centralized transaction
The transaction that has already occurred in the world of online shopping is quite convenient but still is centralized which are using the banking system. The user will need to send the money via their ATM, be it mobile or physical ATM to the merchants. There is no a single platform that can store the money in their app so that the customer doesn’t have to send the money via the bank. This way, the mechanism of the transaction will be much decentralized and therefore make the user more convenient for receiving and purchasing the goods. Having an own currency or the ability to store the money in an app is a significant boost for the people to shop more.
- Data selling
When a big data has been collected by the platform, they are tempted to sell it to the highest bidder so that they can have more money, be it for the platform or themselves. That is outrageous since they are selling the private information that exists in their platform concerning the purchase patterns of a satisfied customer to know the existing trends. This kind of market research practices has been denounced and condemned by so many people and therefore need to be stopped at once. The platform needs to respect the privacy of their customer, even if the customer doesn’t seem aware that their data is being sold to the bidder.
Online shop is just like the heaven for all the shoppers, as they will have so many things inside the online shop, from the humble clothing to the expensive cars, etc. the staggering number of the online shop and the merchants also help the customer in providing the variety of the goods that exist within a platform. The ecosystem of the online shop is somewhat useful since it has already been decentralized from the very first time, but still, it needs a lot of work to improve the ecosystem. Today, the improvement already comes in the form of the new third party platform called the dealjoy.
For more information concerning the current online shop issue, you can visit here.
How Dealjoy Tackle The Existing Issue
As we have mentioned above, there are so many issues that are revolving in the world of an online shop, and dealjoy won’t address them all since it has a massive amount of requirement to do so. The dealjoy will resolve the two most prominent issue, which is the transaction mechanism and the cash back. There are also a lot of features that dealjoy will offer to the people to maximize their online shopping experience and encouraging the whole ecosystem. Dealjoy itself is a blockchain supported platform that has their token and ecosystem which are directed to help the customer benefit more while shopping online.
Dealjoy is the third-party apps that have been integrated into several big online shops such as the Amazon, Alibaba, Microsoft, Nike and so forth. As you can see, there are various shops that as already existed on the platform so that you will have the right amount of options while shopping there. Here are several features that are offered by dealjoy to the customer.
- Credit storing
This issue has been addressed at first, as the inconvenience of the customer to do some transaction since they need to go to the particular ATM and then pay the merchants. This app will have the ability to store your money inside, in the form of the token and the fiat currencies so that in the time you want to make a transaction to a particular vendor; you don’t have to go to the ATM since you can pay there directly. This kind of mechanism is already owned by the multi-transaction platform, and therefore this platform will utilize these features for the benefit of their customer. The customer then can shop conveniently and instantly since they can directly pay for the merchants using the money that has been inserted to the apps.
- Instant cash back
Cashback is what the people want in the term of an online shop, and that is what the platform offers, which is the instant cash back. The cash back will be received instantly and without any constraints such as the minimum amount of money that needs to be spent by the customer to have their cash back. The cash back will be received in the form of the deal token, and the token can be used to purchase something in the deal shop that can be accessed by the user. This makes the user will be able to shop more as they receive the cash back almost instantly in the time they already received the cash back.
Dealfeed might look just like the app tracking that is employed by the big companies, but that is a very different thing since this features operate using the algorithm that automatically actives once the customer has already interacted within the platforms. Dealfeed is the ability for the platform to know and suggest about what kind of goods that are desired by the user based on their recent activities and their recent purchases. It is just a suggestion though, so it will have no consequences at all, as the user can also search the goods for themselves outside the suggestion. There is no tracking app or broad survey question that might offend or reveal the secret of the customer.
- Privacy guarantee
The privacy is the most critical thing in the online world today, as many people are exposed to the internet world. The platform will not have an extensive question when someone decides to make the account in the platform, As the platform will only ask the questions about the email and the nickname that the user wants to have. That simple question is all that is takes for a person to enter the ecosystem of this platform without having to enter their address or phone number, etc. which are a breach of privacy.
Besides those features, there are a lot of features that can be accessed by the user when they join the ecosystem that will surely benefit the user themselves. For further information concerning the platform, you can refer to the web pages here.
Deal Token Usage And The ICO
As you already know, the platform also issues the token as they are integrated into the blockchain system. There is two kind of usage of the token, and the first of all is apparently to buy stuff from the dealership. The token is also the cash back that will be received by the user so that they can store it in their wallet and use it to purchase goods. The dealership is also will allow the user to pay the stuff using the token and therefore the token will have the practical use which is very good.
The second usage of the token will be to upgrade the account into the dealjoy plus, or the premium account which will have several significant advantages such as the amount of token that will be received in the form of cash back, the rate of cashback payment, and so forth. Having the dealjoy plus is genuinely a long-term advantage, and therefore it is better to upgrade the account into premium dealjoy. Upgrading the dealjoy will spend the token, and that is another reason to purchase the token in the ICO phase.
As the ICO, typically three kinds of ICO are recognized by the platform, which are the seed or the private sales, the pre-sales and the public sales. Unfortunately, the website and the white paper has not yet released the exact date of the sales, but we do know that the sales will occur in late 2018, which is around November to December. And as for the cap, there will be 1.7 million USD soft cap, and 8.4 million hard caps. The total token supply is about 1.4 billion deal token, where 70% or 980 million token will be used in the sale, as the rest of them will be distributed to several parties such as the developer team, the strategic partnership, and the marketing team. If you are about to join the whitelist, then all you have to do is wait and stay tuned to their websites as they will announce it soon.
For further information concerning the token usage and the ICO, you can refer to the web pages below.
Posted by kurniawan05
Dec 1 2018
EndChain As The Solution For Logistic Problem
The development of globalization era bring out lots of changes in human living aspects. The globalization has been created the modern technology and discovered internet as the compliment in life. There are many advantages to internet usage. One of these advantages is the movement from the manual market into the digital market by using the digital purchase. As we know, the economy atmosphere in the world shows the improvement for one decade latest.
The digital transaction becomes the trend for people, because of more practice, effective and efficient. The digital transaction relies on the internet network in operation. The problem is coming when the seller can’t provide the trusted logistics and transportation. Then, the digital transaction present and able to change the cash currency into digital currency through the application by doing a top up for user wallet.
Besides that, the discovery of blockchain technology also can support global trading in the world. This condition makes some companies in this world innovate in creating the brand to facilitate and promote the digital world for the public.
The blockchain technology exists as the strongest case for the logistics and transportation matter. The blockchain technology can make the decentralized transparent transaction. The blockchain technology connects the product into a customer by logistics link — moreover, this technology work as revolution power for modern supply chains management. Based on World Economic Forum data, the global trade which is using the blockchain technology can improve up to $1trillion.
Then, the existing of blockchain itself makes several companies creating the solution for logistics and transportation problem. One of them is EndChain. EndChain is working in a logistic chain which focuses on transferring the good from the manufacturer into reseller and customer. EndChain as a problem solver for the logistics industry with utilizing the blockchain that easy to use for chain supply ecosystem.
The work of EndChain is coordinating the producers, the transportation or logistic service, reseller and another party to realize easier and transparent transaction. EndChain goals are to minimize the disruption of the logistics industry by open protocols, decentralized, and utilities. If we overview the digital market problem, two serious problems become the background, there are:
The logistics are tracking management using out of the date system which doing the goods input manually such as using the paperwork. The logistics service oblige to maintain the goods until receiving in customer’s hand. The tracking is lack of transparency while working. In many cases, the customer receives their order in broke condition, delay for a long time, and nothing detailed information about tracking history. Finally, the consumer feels uncomfortable and disappointed. If the logistics industry still holds the manual system and not being up to date with the newest technology, the logistics service will be left over time by time.
The logistics industry should improve their transparency to consumer and producer. They will be comfortable and trust to make a purchase. To fix these cases, several companies combine the logistics systems with the latest technology; there are blockchain, the credit letter, and the delivery receipt. This innovation is offering the benefits for companies to take a risk for luxury goods such as the art, diamonds, gold, handbags, etc. Then, EndChain exists to provide the solution with low shipping costs which can be appropriate for all goods.
The responsibility of the logistics service is an important point that should become the priority. The package has a high possibility of broken, lost, delay, or stolen. The companies will face the loss of these incidents. Furthermore, the producer should pay the compensation to the consumer. To overcome the problem, the companies are move into blockchain technology which is adapted to the logistics industry. Through blockchain, the transaction between sellers with the logistic party is recorded permanently. It will be documented and more trusted in shipping — the document named smart contract.
The smart contract has the function to determine who the party that must be responsible if there is an accident like stole, delay, lost or broken off the goods while shipping process. Then, the less responsibility also can be seen from the logistic server that didn’t update the tracking information. Some consumers will give the negative review for the seller, they going frustrated because their order status is unclear. This is become the serious homework for logistic management if unwanted to the left over the producer and consumer.
The Introduction of EndChain Technology
Fast operation and communication are a need for the shipping process. The logistics industry should provide a comfortable, trusted, and on time service. The EndChain Company commit to building the logistics management that converting the paper document which is limited on liability into the compatible form for all industry. The data input or verification process of usual logistic can spend much time until the day, but by using the EndChain platform, the verification can be done in several minutes only with no human intervention. The EndChain technology is adaptable for all manufacturer and producer.
The base concept of EndChain is to reduce the logistic cost. As we know the logistic cost is very high in this decade. It will burden the businessman or producer. By using the blockchain technology, the cost will be reduced, and the burden of the producer will reduce too. The EndChain platform is completed with barcode and QR scan. These features have a different function that can’t be separated. The barcode and QR code is easy to use in all time and all places. The barcode and QR scan is the great combination which contains lots of conveniences and advantages for people. These advantages can be summarized for two major.
The barcode and QR code usage is helpful for the workers. In general logistics management, the worker should arrange the package and verify them one by one. It will consume time too much. Besides that, the manual process not effective to do. For example, first the worker receive the package, they making a paper document for the package, they input the data manually. If in a one day 1000 packages should be verified, the process will not be effective and efficient. By using the EndChain which combining the blockchain technology, these risk can be decreased. Just doing one way to verify the package, scan the barcode. The employee will save time and more productive.
After the packages are scanned, the data will be updated automatically on the legacy and blockchain system. The EndChain program will detect the barcode as soon as possible. Then, the detailed information will appear and recorded directly. EndChain was designed with the method that compatible and easy to integrate with another system and store. Such as the B2B and B2C store. By using the EndChain, the transparent transaction will be created; the customer won’t be frustrated anymore. This is a very simple technology that contains significant advantages for people around the world.
If you’re interested to know more about EndChain, you can visit our sites on:
Ann Thread: https://bitcointalk.org/index.php?topic=5055264
White Paper: http://www.endchain.io/#language
The EndChain Features
The EndChain program is available with several features that allow the user to get the new experience in the digital market. For this time, the EndChain still seeking build the strong features to complete the program. The features of EndChain are:
To secure the data of package, the privacy system should be working extra. The privacy feature of EndChain allows the companies to decide the data that can be entered into the program. The validated data will be encrypted by blockchain then it will build the safety system. Our program can be settled to receive QR barcode of certain or all products. The users can write the key permission as requirements to use the program. The history of order is opened for the customer only. So, the risk of data loss is impossible. By using the EndChain program, the human error factor will, and the privacy will be more protected.
The direct communication is one of the EndChain features that allow the manufacturer as a sender giving the message to the logistics service — this feature able to monitor the location of the package and knowing the problem that may occur during the shipping process. Also, the report if the package is received. The direct communication is designed like the private message between two parties. They can communicate about the transportation process. This feature is so beneficial for both and able to improve the trust to the logistics service.
This feature has the function to minimize the theft incident that maybe occur to the package. EndChain completed with the theft detector and allowed the customer to get the information about that. The system will mark the potential person who steals the item. The theft can happen during the sending processor when transit. Then the buyer should enter the code number of the item; the system will search the location of the item. Finally, the consumer can report the theft into police. It’s different with a manual logistic system which can’t detect the theft if occur. This feature is really helpful for all parties.
This feature can give the manufacturer and transportation create their contract. The smart contract usually contains about the responsibility of both parties if something wrong. The mechanism of making a contract starts with two parties that put the coins. If the goods are received successfully, the coin will return into the most respect parties. If one party is breaking the contracts, they will get 0 coins. The smart contracts also able to save the logistics document in digital form. Then, the document can be used to supply the chain. The supply chain practice is more efficient.
EndChain provides the large database that contains all interaction between manufacturer and transportation. The data also include the information about completed transportation. This feature aims to deliver the condition of items. Besides that, these data also become the evaluation for the logistics to identify the problem and planning the solution. This is one of the EndChain commitment to improving the planning and timing of logistic company itself. The big data are also working as a supporter of the coin price. The data will represent the price of a logistics company, include their service fee for a month. The user can choose the object that will be paid by the tokens.
The ICO Information of EndChain
The ICO of EndChain starts to sell at 1st on December 2018 until 15th on January 2019. When the token sale is running, the target of this sale should be reached. For the threshold is up to $4 million, and for the hard cap is $15 million. The seal will unstop until the maximum amount already done. EndChain can add the token stock if it’s possible and needed. The ICO details are consist of five rounds. Each round has the bonus and price differently. It’s created to accommodate the customer needs that adjusting with their budget. These rounds are:
1st round: $1.500.000 raising goal with price 0.160 USD
2nd round: $3.000.000 raising goal with price 0.178 USD
3rd round: $3.500.000 raising goal with price 0.200 USD
4th round: $3.500.000 raising goal with price 0.218 USD
5th round: 43.500.000 raising goal with price 0.240 USD
The EndChain users can choose the round that they want to buy. For each round contains the bonus up to 50%, 35%, 20%, 10%, and five giveaways. On each giveaway will take 40.000 tokens. The tokens stock for the first launched is up to 23.419.944 tokens for soft cap and 74.567.312 tokens for a hard cap. The EndChain project still needs the process of completing the program. That’s why we always open to the people to asking us the critic or suggestion through our social media on:
By admin • Blockchain Technology 5,827 • Tags: globalization, information, long time, market, QR, service, smart, technology, tracking, transportation