AligatoCoin: eCommerce Industry Disruption

A blockchain is a database in which bits of information (the ‘blocks’) are linked together (the ‘chain’). Since the database is shared and managed by more than one party, irregularities are easily spotted and make it a highly trustworthy system. And while blockchain technology has long been associated primarily with Bitcoin transactions, its potential is now recognized by e-commerce and other industries.

One key industry that will go through tremendous transformation thanks to the adoption of blockchain is e-commerce. According to eMarketer estimates, retail e-commerce sales amounted to $2.304 trillion in 2017, up by nearly 24.8% over the previous year. What's more, mobile commerce made up 58.9% of digital sales. This indicates that the burgeoning e-commerce space is ripe for a disruption by way of blockchain adoption.

There are three unique advantages of blockchain for this disruption:

Blockchain decentralizes control and achieves consensus-based trust without the need for a central authority.
The technology creates transparency on a fundamental level.
It enables consumers to connect with companies or other consumers, omitting the middlemen from the process.

Essentially, these peer-to-peer connections give the power back to the users. Imagine, for example, an online shopper who prefers not to pay until he receives his package in the mail. Only when he confirms the receipt is the money transferred to the seller. All this is done automatically, through coded instructions (so-called smart contracts) that replace the middlemen, cutting costs while increasing transparency and trustworthiness.

Many believe that blockchain, together with artificial intelligence will significantly impact the way companies interact with their customers.

AligatoCoin, found online at https://aligatocoin.io/, is one of the eCommerce projects, which has utilized the blockchain technology into its development platform. The team is working on a new-generation auction-sale platform, based on blockchain technology, artificial intelligence, delivery drones, iris scanning for transactions, and much more. This will be version 2.0 of the Aligato.pl trading platform existing since 2016. It is being built upon the already existing Aligato.pl platform that is popular and enjoys a good opinion among its users.

AligatoCoin wants to build an ecommerce platform using blockchain technology, in order to let users enjoy all the benefits that come with such a system. That includes full transaction transparency, added security, and faster and cheaper payments. While, the artificial intelligence will help simplify interactions with the ecommerce platform. The AI will also enable the deployment of delivery drones, which we shall get to in just a bit.

One of the most interesting features of the Aligato platform is perhaps the Pay via Eye payment system. As the name implies, it uses the eyes of the customer to facilitate the transaction in a secure manner. The Pay via Eye payment system which makes use of the webcam or Smartphone camera.

The project seeks to simplify life for individuals by using the latest technology to provide them with tested solutions method to work without any problems. Aligato 2.0 will integrate blockchain technology and Artificial Intelligence into its database. The AI will ensure that users are comfortable on the platform and that the time spent during transactions is at its minimum. The AI ensures that the user’s preferences are stored in the database to avail offers that suit an individual. It will also provide suggestions to the users on how to optimize the sale and auction offers to match the user’s preferences. This will in turn lead to a great improvement in the functionality of the entire platform.

The project aims at also providing an automated delivery system whereby drones using renewable energy sources will be used to make deliveries of products ordered by clients. This will not only speed up the time taken for deliveries but also provide an innovation logistic solution.

In addition, Aligatocoin cryptocurrency is available just and only in its non-material form, and it does not have its central issuer who could regulate its rates against the traditional monetary units (such as the Dollar, or Euro). The cryptocurrency supply, which changes in its constant and pre-determined pace, also has a minute impact on its exchange rates.

The token of the aligato coin is based on the ERC 20 standard, created in the ETH platform. The fact sheet is given below:

Token Name: AligatoCoin
Token Symbol: ALC
Platform: Ethereum
Type: (ERC20)
Total Token Supply: 100,000,000 ALC
Registration Country: United Kingdom
Pre-ICO Date: 20.04.2018 to 29.07.2018 (12:00 CET)
ICO Date: 30.07.2018 to 30.08.2018 (12:00 CET)
Token for Sale: 70,000,000 ALC
PreICO Price: 1 ALC = 0.4 USD
ICO Price: 1 ALC = 0.5 USD
Minimum investment: 1 ALC
Payments Methods: BTC, ETH, LTC, Fiat
Soft cap: 1,000,000 ALC
Hard cap: 70,000,000 ALC
Restriction: USA, China
Website: HERE
Whitepaper: HERE
Bounty: YES