THE REVOLUTIONARY BLOCKCHAIN MARKETPLACE

Entrepreneurs around the world who have adopted the blockchain technology now enjoy an edge over their counterparts yet to key into the innovation. The blockchain makes it very easy to create and implement economic tools that incentivise subscribers and customers to patronize their products and services. Many companies record user participation and service consumption in form of data which they sell.

These participants or users do not get the real value for the data collected from them, as its value is not commensurate with the so called service they enjoy.

Today, digital footprints such as websites visited, items purchased, emails sent etc are monitored closely by big corporations and government agencies. This is because of the value placed on this category of data which if maximally utilized, can magically raise the proceeds of a corporation.

The blockchain which is a decentralized public ledger with a cryptographically secure feature can grant everyone access to consumer data while protecting it from exploitative tendencies of government and businesses. It works in such a way no site will directly own the data.

It differs from the existing systems which are typically unfair and unjust where companies keep getting rich from data that has been collected free of charge from shoppers. Providers of the data should be paid some value in form of tokens or other assets in return for their contributions.

Pricewaterhouse Coopers has reported that in the last nine months of 2016, about $1.4 billion USD was spent on blockchain start ups globally. This amount more than trippled with start-ups investing a whooping $6.5 billion USD in the first nine months of 2017.

The merging of the blockchain innovative technology and e-commerce industry will create a massive explosion in the market value and spark off a revolutionary approach towards how business is executed all over the world.

With the present manner of acceptance and implementation the blockchain is receiving globally, existing opportunities are expanded and new ones are created.

Plaza leverages on the blockchain innovative technology to create a user friendly marketplace to solve the major problems faced in the traditional e-commerce space.

The traditional e-commerce industry is centralized and requires exorbitant fees to maintain. This in turn turn causes users to be charged high fees, making them suffer unnecessarily.

The centralized nature also makes user data and information vulnerable, hence it gets exploited and abused with little or no remorse. Oftentimes, the data gets sold without the consent or permission of its owner. This is unfair, unprofessional, unjust and highly unacceptable.

Plaza incorporates a customer friendly cryptocurrency platform that supports private online shopping at the best rates, a debit card along with a smart interactive speaker to function as a crypto wallet and a mining rig for both the platform's utility token and transaction coin.

Plaza will use dual cryptocurrency to fuel the ecosystem; the Plaza (utility) token and the PL$ token.

The Plaza utility token is an ERC20 standard token designed on the Ethereum blockchain to aid in creating decentralized applications on the MerchantChain amongst other mouth watering benefits. The token is stable and limited in supply to be used to purchase products on the Plaza marketplace.

The PL$ token is a stable, fiat backed crypto-coin specifically made to be used only for Plaza marketplace transactions. It will allow for frictionless execution of e-commerce business activities, reducing worry for active buyers and sellers on the platform.

The Plaza blockchain solution is built with scalability and sustainability in mind to accommodate various participants like foundation, platform, sellers, consumers, arbitrator, miners and chatbots.

Plaza provides an exceptional platform that enables users to comfortably surf and shop for various products on the internet anytime anywhere. The Plaza platform has an AI assisted meta-search engine embedded in it to help search for various alternatives offered by sellers on the internet.

The target is to create a blockchain leverage that promotes new AI development enterprises that will incite the nascence of new public and private businesses and create an enabling environment for AIs and humans to have a common goal and prosper.

This will help to save time and reduce the stress users may have to go through on conventional platforms obtainable today. Where most times users have to move from one e-commerce platform to the other searching for the best item.

The Plaza token sale event will run in two phases; a Pre-sale (March 15,2018 - September 12, 2018) and a main sale (October 4, 2018 - December 27, 2018). The acceptable payment medium is ETH with the hard cap placed at 100 000 ETH. Proceeds realised will be channeled towards reasearch & development, marketing & community, operational costs and platform security.

For more information about Plaza you can visit:
Website: https://plaza.systems