The payment industry will greatly benefit from blockchain technology, just like the financial services sector has. Payment solutions for international e-commerce is far from perfect, and even with payment solutions like PayPal and Skrill, the payment industry still needs some reworking.
Using current payment methods comes with high payment processing fees coupled with the high fees charged by e-commerce platforms on any sales made by retailers using their platform. These fees often start from around 2-3% of the total purchase price of any transaction.
Blockchain e-commerce projects such as Plaza.system have an aim to create a blockchain based marketplace using fast and secure transactions for any e-commerce business model. Plaza also wants to utilize blockchain technology for the financial transactions aspect of the e-commerce industry by providing low cost financial transactions, high security standards, and an overall amazing customer experience.
One of the problems with existing e-commerce platforms is how data is stored. E-commerce platforms are home to a very large amount of data, most of them collected directly from customers and retailers registered on any given ecommerce platform.
Customer’s data is stored on centralized servers where it is vulnerable to online criminals. Some e-commerce companies have suffered attacks from cybercriminals and a substantial amount of data has been stolen. However, with a blockchain based e-commerce platform, it is virtually impossible to suffer such attacks since blockchain platforms are decentralized, which in turn means customer data is also decentralized. It is virtually impossible to hack all the nodes of a blockchain platform, so data on a blockchain based e-commerce platform is considered to be relatively safe.
Plaza Systems occupies the intersection of lifestyle and technology. We are a systems integration company. Through the intelligent integration of established and emerging technologies, we are developing a “freedom lifestyle” product based on cryptocurrencies and the blockchain that is more convenient, more private, more liberating, more rewarding, less expensive, and just as secure as the lifestyle you enjoy now. We do all this via five user-friendly touchpoints: the PlazaCard™, Plaza Merchants, PlazaDesktop™ and PlazaMobile™ applications, and the PlazaConcierge™. Every seamless cryptocurrency transaction you initiate via one these touchpoints securely synchronises with your state-of-the-art PlazaWallet™.
In an e-commerce marketplace increasingly dominated by a few enormous players, Plaza Systems offers consumers an escape from unnecessarily high prices and big data while providing sellers a blockchain-based commerce (bCommerce) platform from which they can leapfrog their competitors. It’s Total bCommerce™ on the blockchain. Plaza’s Freedom Lifestyle™ suite of search & payment tools are all connected via users’ multi-crypto PlazaWallets™ to the state-of-the-art MerchantChain™. The heart of Plaza’s Total bCommerce solution, the MerchantChain is the fastest, most scaleable, and most future-proof commerce-specific blockchain on the planet. Any seller can build decentralised applications on top of the MerchantChain to leverage its speed and efficiency and to tap its loyal and fast-growing Freedom Lifestyle user base.
The Token Sale will end upon reaching the hard cap or the scheduled end date, whichever comes first. Tokens will be transferable once the Token Sale has been completed.
Use of Proceeds
Scheduled End Date
November 11, 2018 at 09:00 GMT
Token Name & Protocol
PLAZA is an ERC20 token
Token Exchange Rate
1 ETH = 5,000 PLAZA
Accepted Payment Method : ETH
For more information please visit :
Website : https://plaza.systems/
Whitepaper : https://plaza.systems/whitepaper
Yellowpaper : https://plaza.systems/yellowpaper
“This article was created in exchange for a potential token reward through Bounty0x”