Bitzon: Safe Blockchain E-Commerce Cryptocurrency Marketplace?
E-commerce is projected to make about $2 trillion USD by end of 2018 since the market is ever growing. Online purchasing has become very popular all over the world with new platforms constantly emerging. The top 5 most famous e-commerce businesses today are Amazon, Jingdong, Alibaba, eBay and Rakuten.
One major issue and fear that buyers are concerned about is security. An individual or business’ financial details may be exposed to hackers. This is where Blockchain technology comes in. Blockchain is revolutionizing the world including the e-commerce space. With Blockchain all the sensitive information one wants to protect is encrypted making it nearly impossible for hackers to steal any private information.
Transactions also occur at a faster rate with low transaction costs improving the overall customer experience. the current supply chain system also has issues and Blockchain solves this by providing a transparent supply chain where consumers are able to see the order flow of the products they buy. This helps to increase consumer confidence.
Transparency complaints have been filed against some large e-commerce corporations like Amazon which is known for cutting off direct contact between consumers and sellers, sometimes disabling a merchant’s page with little or no explanation.
Bitzon is a mix of both e-commerce and Blockchain that provides a simpler and safer space to purchase goods and services with added advantages to its competitors.
What Is Bitzon?
Bitzon is a Canadian based e-commerce platform where users can buy & sell products and services. It is built on the Ethereum Blockchain based on the ERC20 platform. It is led by CEO Guyverson Vernous.
The ICO development started in January 2018 and currently the team is working on the design and development of the platform. The complete token distribution will be held in November and in January 2019 the beta platform will be launched with exchange listings. The beta versions of the mobile apps will be released in February 2019; the complete platform will be released in May and the full versions of the iOS and Android app will be released in July.
Why Choose Bitzon E-Commerce Crypto Marketplace?
Bitzon allows items to be sold for cryptocurrencies or other currencies. The sellers receive payments in the currency of their choice including crypto coins unlike in other famous e-commerce platforms. However, the platform encourages buyers to use only their token as this will allow them to save 10% of all lifetime purchases. Sellers are also lured to use their token as they will pay no exchange fees and only be subjected to 50% of the monthly subscription fee when they do so.
Bitzon is awarding more than 30 million to loyal customers who are willing to advertise its ICO on major social media platforms.