Kart Block – Decentralizing the E-Commerce marketplace
Blockchain technology is a transparent digital transaction book and records that are immune to modification or deletion. Offering additional features of increased security, cost reduction, time efficiency and error tolerance, the chain-chain grew, fluctuated in 2017. The utility of blockchain technology is unlimited, triggering an increase in the list of companies, industries and government studying its potential adoption. A blockchain is an immutable public book that records digital transactions.
ABOUT KART BLOCK
Kart Block is an online marketing platform where owners of different product can make placement of their various products for the reach of customers or consumers can access different product of their choice, place order, make payment and get them delivered at their door post, this form of online marketing has its own peculiarities that is devoid of fraudulent attitude either from the seller or the buyer, delay in service delivery and all forms of negative incidents. Rather it sort to give her customers the satisfaction and confidence in marketing with incentives for every referral, purchase of their token and a lot of goodies there after. Kart Block aims to create an unlimited electronic commerce platform and enable symbolic payments, which also brings together merchants and consumers around the world eliminating intermediaries.
KARTBLOCK AND BLOCKCHAIN TECHNOLOGY
Blockchain technology has begun to change the appearance of the Internet and our online interactions. The global e-commerce industry of today has allowed the exponential growth of the business and offers many opportunities to users around the world. But it is necessary to overcome certain challenges as the online economy becomes saturated and the real economic drivers (traders and customers) are deprived of the fair value of their contributions. The Decentralis / Blockchain ecosystem is a technology layer of the Kart Block ecosystem. This layer will be supported by the Ethereum blockchain network and the original token will become the standard ERC20 token. This layer will handle and record payments, transactions, smart contracts, data verification, etc. through Hyperledger. Kart Block aims to provide radical transparency in the electronic commerce economy. The underlying blockchain technology guarantees the visibility of any activity, transaction and data transmission through the system. Unlike a very centralized market that does not share important data (to maintain marketing excellence). Even merchants have to pay a considerable amount of data for users to generate data online for analysis. Kart Block will change this monopoly system. At Kart Block, you will see the transactions and the operators will be able to perform the analysis without problems.
Kart Block Ecosystem
The Kart Block ecosystem is essentially a combination of e-commerce platforms, digital wallets and Tokenized gift mechanisms. The simple yet powerful idea behind this ecosystem directly rewards customers for their valuable contribution to the Kart Block platform, without the need for intermediaries. KART BLOCK operates an ecosystem that simply has to do with the packages they have in stock for their customers which is; their digital wallet that enables customers to keep their tokens which is a major means of buying their product, this wallet enables them to save their token and buy any product of their choice anytime, anyday without the difficulty of going to the bank to withdraw money to make payment. They equally operates an e_commerce channel of marketing where every transaction is done without any form of intermediary or middle men. A major advantage of Kart block over her contenders in the online market place is her reward system that deals primarily with giving out her token to every referral into the platform and a high profit margin for the purchase of her token by investors during the period of sales of the token.
The Kart Block ecosystem is a turning point for the conventional marketing and sales industry, where the main focus is limited to product promotion and advertising revenue.
Kart block connects people from all over the world, exchanges goods without intermediaries, sends and receives funds easily. The Kart block market will allow sellers to sell directly to customers with cryptocurrency.
Through the use of blockchain, users retain their data, the blockchain technology returns the user’s energy. The result is consumer empowerment and unparalleled sales potential for retailers and advertisers. The Kart Block Ecosystem is divided into two types of infrastructure, namely, Decentralized and Centralized.
TOKEN AND ICO DETAILS
Token symbol: KART
Smart contract: Ethereum ERC 20
Token type: Utility
Token price: 1 ETH for 14,925 KART + applicable bonus
Minimum purchase: 0.01 ETH
Hard cap: 26,800 ETH
Token supply: 1 billion in two phases
ICO status: Private sale live with 60% bonus
ROADMAP AND DEVELOPMENT PERSPECTIVE
Above you can see the roadmap — how the team sees their nearest and long-term future.
TEAM MEMBERS AND ADVISORY MEMBERS TO THE PROJECT
Team seems to be the strongest part of this project. It consists of innovative and talented people. Of course I cannot complain if we talk about their professional level, guys indeed are experts on their field.
With KartBlock, there is the Elimination of middlemen that do not add value to a product or a service but only thrive on commissions; thus reducing transaction costs and boost user experience.
Consumers and merchants will know how and where their money is flowing.
Rewards and incentives to the users of Kart block platform keeping them engaged and motivated through Kart Block Tokens.
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