E-commerce industry is gradually becoming a dominating business sector in the global economy. The overall value of this industry is growing day by day, and its market is spreading all across the world. As this industry is growing and its capital is increasing exponentially, this industry is attracting more and more people to invest on it. The e-commerce businesses are making our lives easier. They offer products or goods through their platform for sell and enable users to buy them at a reasonable cost. All their systems are online, and customers do not need to be in the marketplace physically for purchasing goods. The platform users who wish to sell the their own goods using e-commerce marketplace, they just have to take pictures of their goods, therefore by providing product details along with pictures users can display their goods for sale on the platform interface. All these facilities are making the lives of people easier and flexible. But, the existing e-commerce platforms are also troubled with many problems. Most of the problems are incorporated either with transaction speed or with security measures. As e-commerce industry is generating huge revenue for the global economy, hackers are becoming more and more attracted to this lucrative revenue. They are trying to hack e-commerce database and are constantly trying to steal valuable payment information. Many incidents have occurred where a hacker hacked e-commerce system and stole financial data from the server and stole money from bank accounts of customers and e-commerce itself. Moreover, the e-commerce businesses still use complex payment structures where FIAT is widely used for payments. This payment structure is slow and obsolete, as well as takes huge amount of time to process a payment. This structure may take days, weeks or even months to be confirmed, which keeps the customers into uncertainty. But, if this kind of service continues then the day is not so far, when the e-commerce industry will collapse. That is why to change such situation the FAIRNINJA e-commerce has emerged. This is a unique ecosystem which is enabling cryptocurrency to be used as payable currency for purchasing any kind of goods through FAIRNINJA platform while rewarding tokenized incentives to its users.
In this article I am going to represent why FAIRNINJA is called the most rewarding e-commerce platform and how it is managing all the payments with cryptocurrency.
FINANICAL STRUCTURE OF FAIRNINJA
Traditional e-commerce platforms use FIAT based payments for managing all kind of payments for buyers and sellers. The problems regarding this payment is, it is complex and has to maintain a great deal of legal procedures. As a result, financial transaction using FIAT slows down the functionality of an e-commerce. This problem can be solved using cryptocurrency, but most platforms do not dare to integrate crypto payment procedure for their financial operations. And even if some e-commerce tries to use cryptocurrency payment method for buying and selling goods, they are failing to maintain system integrity due to lack of support and technical experts. This failure is leading them to higher financial loss and gradually they are going out of business. That is where the FAIRNINJA comes. The FAIRNINJA team is developing a platform which is supported by many reputed organizations like OGLASNIK, GAUSS DEVELOPMENT and many other world famous companies who provide quality goods for the world. The FAIRNINJA is a cryptocurrency based platform for buying and selling goods at a minimal price rate. The platform utilizes blockchain and smart-contracts for lightning fast, secure financial transaction. FAIRNINJA platform is global platform for providing quality e-commerce services to everyone. It is an easy, simple and efficient platform for all kind of customers. Moreover, the platform’s API enables easy featuring of goods for sale, so, sellers can sell their goods through hassle-free e-commerce facility.
For understanding FAIRNINJA payment structure in details, please visit, https://www.fairninja.com/, or, you can read project whitepaper from, https://www.fairninja.com/whitepapers/fairninja_whitepaper_engl.pdf.
PAYMENT MANAGEMENT
Within the FAIRNINJA platform payment is managed completely by the platform ecosystem itself. There are no hidden charges, no third party interference and no chance of financial data theft. All payments are done through a decentralized blockchain system integrated with smart-contracts. Here is how the payment system works,
• The buyers send pays in cryptocurrency and the system holds the payment until the buyer receives the good he/ she desires;
• The buyer can send payments in BTC, LTC, ETH or through YSH tokens;
• If the buyer sends payment using YSH tokens then they can get rewards for every transaction they make;
• As soon as the buyer receives his/ her desired good, and acknowledges its receipt with complete satisfaction, the FAIRNINJA ecosystem releases the payment for the seller;
• The seller receives their payments in the same cryptocurrency, what has been sent by the buyer.
For detailed information about payment management within FAIRNINJA platform, feel free to visit, https://www.fairninja.com/.
REWRAD SYSTEM
The reward mechanism is simple. The more a user uses YSH cryptocurrency for paying for their purchased goods and contributes to keep the flow of the YSH stable, the more that user will get rewards from the FAIRNIJA ecosystem. Here the reward system is automated and cannot be altered by any means. All the contributors will be rewarded accordingly as per their contribution level.
OTHER PLATFORM FACILITIES
In the FAIRNINJA platform, there are many important facilities like, flexibility, speed, safety and anonymity. Apart from those the platform offers other facilities like,
• Global marketplace for buying and selling goods using cryptocurrency;
• Secure transaction facility through the world’s first classified e-commerce platform;
• Payment opportunity using BTC, ETH, LTC and YSH;
• Automated translation facility for understanding product description written in foreign languages;
• Trading dashboard with a rich, detailed and well organized product list;
• Lucrative loyalty program for the valued users.
CONCLUSION
FAIRNINJA is a revolutionary platform for trading goods efficiently and in a classified way. This is not just an e-commerce platform, but also it is a platform for getting tokenized rewards. This platform is the world’s first cryptocurrency based classified platform for trading goods where tokenized rewards are provided for recognizing the contribution of the users. This kind of facility cannot be availed from any other existing e-commerce marketplaces. Why use an inefficient, weak network security integrated platforms, when you can use a complete e-commerce platform with high standard facility? Join FAIRNINJA now and enjoy the ecstasy of secure and efficient e-commerce facility through a single high-tech platform.
This project is the most extraordinary initiative to ensure the sustainability of global e-commerce. It has a long way to go, so it requires huge amount of fund to develop further. The company has planned to raise funds through private sale and ICO. At present their private sale is on the go. So, to contribute for the development of FAIRNINJA project please visit, https://www.fairninja.com/private-sale.
Links are given below:
• Twitter Pages: https://twitter.com/fairninja
• Company Website: https://www.fairninja.com/
• Facebook Page Link: https://www.facebook.com/fairninja/
• Whitepaper Link: https://www.fairninja.com/whitepapers/fairninja_whitepaper_engl.pdf
• Telegram Group: https:https://t.me/fairninjaico
• Bitcointalk ANN Thread: https://bitcointalk.org/index.php?topic=3372626.new#new
• Youtube Channel Link: https://www.youtube.com/channel/UCuuYh7Cp2P19X3OdQGtRjnA
• BitcoinTalk User Name: kola7088
• BitcoinTalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1296229