ABSTRACT
The e-commerce is known to be a means by which anyone can acquire goods online via cash payment. The use of e-commerce is made possible after the advent of the internet. The advent has now enable everyone to swiftly access goods on the net without being limited to their residual location.
INTRODUCTION
The phrase commerce denote the act of acquiring and selling, therefore we can see this as far as when acquiring of commodities is done via our normal traditional funds. Furthermore, the e-commerce activities has so much added to the development of world economical gauge, and as of now we can see the improvement in the last estimate in 2014 ($1.4 Trillion) when the e-commerce activities just emerged. The calculations shows the amount obtained by e-commerce as of today. Marvelous.
It has also been predicted that the e-commerce will reach a worth of 4.5 trillion-dollars by 2021, moreover, the e-commerce operations of today in the likes of eBay and Amazon which stands as a viable channel between the retailers and the buyers has been using the power of their great influence and channel to exploit the retailers using their system to sell goods by posing on them a very high charges for more unnecessary reasons. The charges posed on this retailers also have an adverse effects on the buyers too in one way or the other. However, the both parties exploiting the e-commerce advent have all been endure the discomfort they face while exploring the e-commerce system. Fortunately, the good news is that we don't have to go through such stress anymore because Apollox has emerged with a perfect solution to address the issues affecting the e-commerce operations. Let's get to know Apollox.
THE CONCEPT OF APOLLOX
Apollox is a network that identify the challenges posed on the retailers that are utilizing the existing e-commerce operations and this network has come to provide a perfect market place that is founded on a blockchain innovation, that is govern by simplicity, void of issues faced by famous ecommerce setups of today.
CHALLENGES FACED BY E-COMMERCE
The issues listed below is associated with current e-commerce setups:
To be known and to be trust as a new seller who is joined the e~commerce system is a very tedious job. Because if the fraudulent activities going on in the world today, many people find it very difficult to trust new sellers especially those that new on the e-commerce system. Therefore, the sellers often spent huge cash on adverts inorder to acquire clients which they hope that they will leave them with considerable reviews.
Huge charges: the charges place on the users of the e-commerce is greatly much especially the sellers. Due to the increase in the charges being placed on the sellers, there is a high increase on the commodities being sold via the e-commerce also.
THE APOLLOX SOLUTIONS TO THE EXISTING CHALLENGES
Because the existing e-commerce shops of today only focus on the profits they desire from the setup instead of serving the users well with clarity and effectiveness. Apollox will make use of the greatness of the blockchain advent to bring to existence the true decentralized form of e~commerce in the way by which things should be done.
After the blockchain exploitation, this network will remove all sorts of third parties and thereby adopting the usage of peer2peer activities in the likes of advert, market-listing, and logistics. This idea will definitely reduce the cost of goods for about 40% after the remover of all intermediaries.
This network will provide absolute security for the users of the network both the suppliers and the buyers.
FINAL THOUGHT
It is a clear statement that this network will make online-purchase easy and thereby reducing the cost posed on the participants. Cheers.
For more information on ApolloX, kindly visit this links.
Website: https://apollox.network/
Whitepaper: https://apollox.network/downloads/ApolloX_whitepaper_v2.2.pdf
Facebook: https://www.facebook.com/apolloxnetwork/
Twitter: https://twitter.com/apolloX_network
Telegram: https://t.me/apolloxgroup
Medium: https://medium.com/@apolloxnetwork
Reddit: https://www.reddit.com/r/ApolloX/
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