Bitzon: E-commerce online marketplace

Bitzon is a new cryptocurrency platform that is designed to provide e-commerce market participants with the benefits of modern digital technologies such as blockchain and cryptocurrency. The project provides fast transaction processing - from two seconds. In addition, the platform generates a reputational rating of sellers, which allows buyers to evaluate the available counterparties and make the best choice. Such an approach will ensure honest and high-quality work and interaction of sellers and buyers, will minimize the risks and exclude unscrupulous participants from the system. Also, a feedback system is implemented on the platform, which thanks to the blockchain technology guarantees honest feedback about the participants of the platform.

The project team aims to create a global marketplace and bring together buyers and sellers from around the world. Provide market participants with modern tools to launch their online store, remove financial restrictions and intermediaries, who take part of the profits.

Problem

The popularity of cryptocurrency in the modern world is constantly growing. According to the latest data, currently the number of active users of cryptocurrency wallets is estimated at more than 6 million. Thus, the adaptation and implementation of cryptocurrency in the real economy becomes a significant problem, due to technical difficulties and limitations. After all, today we do not use digital currencies to pay for our daily purchases. Of course, there are such precedents as buying real estate for bitcoins, but this practice is now of course extraordinary. Nevertheless, such precedents are always a significant and discussed event in the cryptocurrency community, and also raise the reputation of digital assets, showing that they can be used in real life.

The trend towards new technologies takes its toll and now it is often possible to see in the news that in some city or another, a coffee shop began selling coffee for cryptocurrency. Or in the supermarkets put Bitcoin ATMs. Or that a banking or mortgage transaction was made with settlements in cryptocurrency. The Bitzon team has long been developing its own strategy for realizing the opportunity to create a digital marketplace and introduce modern technologies into it.

Like many startups, Bitzon faced many difficulties in its development. And given that the team works in the cryptocurrency plane, which currently has no legal status, you can only imagine what difficulties the project has overcome. As the most characteristic problematic sides of today's market, the developers identified 5 main difficulties that they see, namely:

The lack of customer confidence in the unknown seller who offers to buy unknown goods without a purchase history and reviews of other buyers.
The inability to provide services to customers at the level of a serious international company.
Lack of multilingual support in 24/7 mode
Lack of quality packaging for the goods being shipped, as well as product descriptions in many languages.
Lack of knowledge of processes and techniques of international marketing.

Building a high-quality and efficient e-commerce system is a rather complicated problem. Often a company has to spend a lot of resources to build a strong team and develop cost-effective distribution channels for products. In addition, the seller must know and understand the specifics of the market in which he enters and be able to build the necessary business processes.

Solution

In the context of global economic growth, e-commerce does not stand still and gradually occupies its niche in the international retail market, and also expands the number of buyers and sellers. The actual market return in 2018 was $ 2.2 trillion and gained growth rates of 20% annually. Every year the number of people who regularly make purchases online continues to grow.

Moving from statistics to forecasting and developing their own development strategy, the Bitzon team has taken significant steps towards the successful implementation of its platform. Consider the benefits of the project and why users will be interested in using this online platform:

Buyers will be able to purchase what they need, anywhere in the world. The platform will host millions of unique, tailor-made products created by small manufacturers that cannot be bought on any other online site.
Any item can be purchased for cryptocurrency or BITZON tokens with a minimum commission. At the same time, payment for purchases in traditional fiat currencies also remains possible.
Increased cashback when paying for purchases with BITZON tokens, as well as discounts for using cryptocurrencies.
Simple and convenient search for the necessary goods. Bitzon offers users a wide range of products and fine-tune the selection using a variety of filters.
Bitzon acts as a guarantor of the quality of goods purchased on its platform. The company takes responsibility for providing high-quality services and ensures that the seller sends the goods to the buyer, which exactly corresponds to the description, photos, as well as the declared quality.

Token Information

→Token: BTZ

→PreICO Price: 1 BTZ = 0.055 USD

→Price: 1 BTZ = 0.35 USD

→Bonus: Available

→Bounty: Available

→Platform: Ethereum

→Accepting: ETH, BTC, LTC, BCH, BTG

→Minimum investment: 100 USD

→Soft cap: 3,000,000 USD

→Hard cap: 15,000,000 USD

→Country: Canada

→Whitelist/KYC: Whitelist

Project Roadmap

Conclusion

The e-commerce market itself is relatively young and there is a huge potential for growth and a large number of interesting and promising areas. The Bitzon team has touched an area that is just emerging and does not even have any statutory statuses. Previously, statistical data were provided, which indicates that the cryptocurrency market has not disappeared anywhere, but on the contrary it develops and cleans from weak technologies and projects. From here it can be understood that before Bitzon opens up a huge potential for growth and development. It is expected that the market of cryptocurrency projects in the context of e-commerce will reach 3 trillion dollars by the end of 2019.