CHIMPION: USHERING IN A NEW WORLD OF E-COMMERCE SERVICES

in #blockchain6 years ago

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In the world today, many or rather a reasonable percentage of people have heard about blockchain technology and it's possibilities, this fact can't be disputed as almost at every inch of the internet has one news or the other about blockchain and cryptocurrency.
Blockchain's possibilities can be attributed to decentralization through which a system was created where there is no Intermediary, a system where transactions take place on a peer-to-peer basis, a system where transaction costs are as little as possible, a system where users are the master of their personal data and funds.
The possibilities made possible by blockchain is numerous to mention thus leading to the development of amazing platforms with the aim of disrupting every centralized system deemed fit. Since this is true, imagine channelling the idea of blockchain technology to the e-commerce industry, yes your guess is as good as mine, the e-commerce industry will face the needed disruption due for it. This is what a blockchain platform known as Chimpion aims to offer to the crypto space and the world at large.
As the name goes, Chimpion was derived from Champion, thus portraying the true idea of the platform, that is, to champion over centralized e-commerce platforms.

Therefore what are these issues which led or motivated the creation of Chimpion e-commerce platform?
A study has shown that e-commerce platforms are growing tremendously, but yet the incorporation of cryptocurrency into this growing industry is not due. In the same way, with this absence of cryptocurrency into e-commerce platforms, third-party applications have been the order of the day. This absence of cryptocurrency in e-commerce can be attributed to the lack of sophisticated services which is needed to drive the needed mass adoption.

Furthermore, with the increase of trade wars, unstable interest rates as well as unfriendly inflation, e-commerce has taken hits thus making it uncomfortable for merchants having International supply chains.

WHAT IS CHIMPION AND WHAT IT AIMS TO SOLVE

Chimpion is a decentralized e-commerce platform with the aim of disrupting current e-commerce platforms. Powered by an extraordinary dPoS (delegated Proof-of-Stake) consensus algorithm known as Proof-of-Store as Proof-of-Stake (poS as PoS) consensus algorithm, Chimpion will empower merchants to experience a new level of e-commerce services.
As the world today is moving to a more comfortable and convenient system of operations, thus Chimpion will follow this trend by making its services so efficient and convenient that is will be hard to resist.
This is achieved by building a decentralized e-commerce platform where merchants and consumers will get involved in a transparent and honest way. With blockchain, Chimpion services will ensure merchants access cost-effective processing fees as well as a faster and easier way of doing things.

In a bid to solve e-commerce issues facing merchants, Chimpion arms merchants with a unique and advanced crypto payment systems which will be suitable for user customized e-commerce as well as settlement services. With this outstanding service, Chimpion will succeed in making it possible for merchants to access storefronts e-commerce while accepting cryptocurrency of choice as payment efficiently.
As Chimpion blockchain will be the base or foundation on which merchants will be able to access different services, Chimpion will through its API make sure merchants have real-time exchange rates of their choice of currency for payments, through this way, moving away from conventional plugins while having updated listing price of their products and services.

In the same way, in order to ensure there is absolute decentralization, Chimpion will provide a reliable and trustworthy built-in reward program and wallet, through which businesses will be exposed to a global audience of digital e-commerce.

Attributes Of Chimpion Platform

  1. Being a CHIMP token holder will afford merchants the opportunity to access Chimpion's outstanding blockchain-based e-commerce platform without paying any fee whatsoever.
  2. Chimpion's crypto store builders will in no case request or incorporate any conventional plugins, through this way enhancing Chimpion future DApps.
  3. In a bid to stand out, Chimpion will offer a unique payment processing as well as checkout system where Know Your Customer requirements will not be necessary, therefore merchants will have the power to do whatsoever they want with their funds.
  4. Chimpion digital wallet is under development; it will be so unique and efficient as it is developed among professionals from Chimpion, Moon Catcher etc.

CONCLUSION

Chimpion is a decentralized e-commerce platform based on EOS blockchain with dual tokens.
a. Chimpion with ticker CHIMP is the fuel that powers Chimpion's e-commerce ecosystem as well as merchants storefront. It will also be the base token of the Chimpion store.
b. Banana Token with ticker BNANA, is the token used for rewards in Chimpion ecosystem. BNANA is used to reward users or consumers when they buy from Chimpion merchants. It has a total supply of 100,000,000,000.

Chimpion is a platform created by a team of experts who aims to change the way e-commerce industry operates by using blockchain technology through which cryptocurrency will be adopted into worldwide e-commerce uses.

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TO KNOW MORE ABOUT CHIMPION


Join the Telegram Group: https://t.me/chimpionofficial/ https://t.me/chimpionio/

Follow on Facebook: https://www.facebook.com/Chimpionio/

Follow on Twitter: https://twitter.com/chimpionio

Follow on Instagram: https://www.instagram.com/chimpionio/

YouTube: https://www.youtube.com/channel/UCOB0ZVAz7ebEx74j_TdXk4g

Website: https://www.chimpion.io

Whitepaper: https://www.chimpion.io/whitepaper/

Writer's Bounty0x Username: Emmy92

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