BLOCKONOMICS - Reimagining Bitcoin and E-commerce

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The benefits of decentralisation have been enormous especially when you look at the financial industry. In the space of less than a decade, cryptocurrency has taken the world like a storm and has reinvented new ways of making payments, investing and trading. Cryptocurrencies such as Bitcoin, Ethereum, Litecoin and others are currently being accepted in many stores worldwide as a payment option. As technologies evolve, new inventions are birthed and this has been the case in the e-commerce industry. The ease online shopping and payment provide have made it so appealing to consumers that a greater population currently do their shopping online. As the e-commerce industry continue to grow and the crypto currency market continue to receive wide spread adoption, it has become necessary that the two are integrated seemless in order to make online payment with crypto as easy as it could get.

A Tale Of 2 Sides

The blockchain and cryptocurrency offer benefits such as anonymity of payment, secure, low to no transaction fees, instant payments, reduced fraud, border free payment among others have propelled merchants to start seeing cryptocurrency as an alternative payment merhod to the existing ones. Bitcoin and other cryptocurrencies are not with their issues, problems such as scalability, volatility and customer services are significantly stifling the wide adoption of Bitcoin as payment method. To make Bitcoin payment appealing, hassle free to merchants, Blockonomics has been providing the necessary tools and infrastructure to enable merchants accept cryptocurrency payments.

Cryptocurrencies Can Be More Useful

Blockonomics is a blockchain based Bitcoin payment solution that integrates a users pre-owned wallet to accept Bitcoin payment in February WHMCS installation. Customers and merchants alike don’t have to worry about middlemen, long kyc or documentation process instead payments are made and received instantly. Blockonomics so far is extending its e-commerce solution to be accept more cryptocurrencies like Ethereum, Litecoin, Bitcoin Cash and Lightening network. In order to support the integration of these coins, Blockonomics is issuing its BCK tokens. The BCK Token is an utility token based on the Ethereum blockchain. So far there are over 2000+ stores worldwide where customers will be able to utilize BCK tokens, consumers will also enjoy such incentives as no transaction fees, discounts, bonuses and rewards for using BCK tokens to make payment.

ICO & Token Details

Blockonomics is raising funds in order to enable it to expand its infrastructure and proceed multiple payment solutions and technologies that will be able to meet the varying payment needs of merchants and also expand the worldwide adoption of cryptocurrency as payment method. The tokensale of BCK tokens is currently ongoing and anyone who wish to participate should check the different communication channels. The total token supply of BCK tokens is 1 billion and it has been it has been distributed into;
600,000,000 BCK tokens which will be offered for sale during the various stages of the tokensale.
150,000,000 BCK has been designated as strategic growth and investment fund
200,000,000 BCK reserved for the founders and team
50,000,000 BCK will go to advisors and supporters.
1 BCK is priced at $0.02, which means that if all tokens are sold during the ICO period a total of $6,000,000 will be raised and this is the hardcap.

Conclusion

Bitcoin usability has been a major limiting factor to its widespread adoption but with the Blockonomics efficient payment solution, users will find it more useful resulting in global adoption. Blockonomics already has it's bitcoin payment running which won't present any difficulty to them in expanding the solution.