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Plaza’s MerchantChain — Next Gen Commerce on Blockchainby@hackernoon-archives

Plaza’s MerchantChain — Next Gen Commerce on Blockchain

by HackerNoon ArchivesNovember 13th, 2018
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What is happening now with Crypto and blockchain technology is how I imagine the internet gold rush happened in the 90’s felt. Since I was too young to experience those years, I am paying extra close attention to what is happening today. The concept behind blockchain technology is trust and transparency. Blockchain will have a massive impact on digital identity, banking, smart contracts, decentralized notary, digital voting and many more. In current scenario sellers need middleman like Amazon, flip-kart, eBay and Alibaba for selling and promote their products all over the world. For selling their products approximately 25% fees paying for e-commerce vendors, that cost they will add in their product cost and finally consumers are paying more than the actual price.

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Plaza’s MerchantChain — Next Gen Commerce on Blockchain

What is happening now with Crypto and blockchain technology is how I imagine the internet gold rush happened in the 90’s felt. Since I was too young to experience those years, I am paying extra close attention to what is happening today. The concept behind blockchain technology is trust and transparency. Blockchain will have a massive impact on digital identity, banking, smart contracts, decentralized notary, digital voting and many more. In current scenario sellers need middleman like Amazon, flip-kart, eBay and Alibaba for selling and promote their products all over the world. For selling their products approximately 25% fees paying for e-commerce vendors, that cost they will add in their product cost and finally consumers are paying more than the actual price.

Nowadays traditional payments systems are using all over the world for e-commerce transactions and for that also transactions fees we are paying extra. Cryptocurrency payments can be used for such type of transactions, however for the average person who has never purchased anything with cryptocurrency, if he makes a simple mistake can result in total loss. For e-commerce the idea of a fully decentralized marketplace powered by blockchain is a great goal.

Plaza systems will eliminate such costs help sellers as well as enable them to sell directly to the end consumer and cutting down the unnecessary middlemen. Plaza’s Systems provides worlds fastest (around 15,000 +tps) , most sustainable, most scale-able and most secure decentralized e-commerce infrastructure that gives every consumer & Sellers can get benefit from blockchain technology. Plaza-systems having advantages from both the centralized and decentralized software solutions also. Plaza Systems is generating their revenues from marketplace fees as an e-commerce meta search engine and their major revenue coming from referral fees.

Plaza Systems is currently developing the Total b Commerce solution, which includes the fast and future-proof Merchant-chain — a blockchain commerce infrastructure upon which others can build decentralized applications — as well as the Freedom Lifestyle. Plaza systems is developing both a limited-supply utility token — Plaza and a stable, tethered transactions coin (PL$) for buying goods and services in the Plaza marketplace. The PlazaCard™ helping to crypto owners to use their cryptocurrency for everyday payments in shops and restaurants all over the world. Merchant-chain are entire business intelligence layer executed on dApps, not servers; fully autonomous.

Plaza systems are made some successful partnership like; Leading online crypto news portal The Currency Analytics, Digital wallet, e-commerce and tokenised reward platform developer KartBlock, Community-managed gambling platform U Run has signed a memorandum of understanding with Plaza systems. AgentMile, the world’s first decentralized commercial real estate leasing platform powered by AI, has signed a “mutual investment” deal with Plaza systems. Light-emitting diode (LED) proponent Terawatt and Plaza systems Plaza are “joining forces” and “pooling resources” in an agreement that leverages the strengths of both projects. Largest cryptocurrency project from Africa KureCoin has chosen to build out its banking, trading, and payments solution on Plaza’s Merchantchain and issue a fixed-value crypto based on the MerchantChain Transaction Coin Standard. Plaza Systems already raised from ICO 43,350 ETH and ICO ends December 27, 2018.

Token info

BONUS

PLAZA Presale Bonuses:



Week 1 March 15–22 — > 50% bonus (reserved tokens only)Week 2 March 22–29 — > 30% bonus (reservations expired)Week 3 March 29-August 15 — > 25% bonus

PLAZA Mainsale Bonuses:




Tier 1 Day 1 Sept 15 — > 15% bonus (1 ETH = 5,750 PLAZA)Tier 2 Sep 16–Sept 23 — > 10% bonus (1 ETH = 5,500 PLAZA)Tier 3 Sept 23–Sept 30 — > 5% bonus (1 ETH = 5,250 PLAZA)Tier 4 Sept 30-Oct27 — > no bonus (1 ETH = 5,000 PLAZA)

Road map:

Plaza System ICO Rating:

“This article was created in exchange for a potential token reward through Bounty0x” Username — Narasimman1987

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