kenobijon / store-hub-smart-contract

Rediscovery e-commerce et blockchain — smart contract

Store Hub — Smart Contract

Store Hub is a groundbreaking solution for businesses looking to effortlessly establish an online presence. With just a single click, you can launch an e-commerce store, co-own the store with friends, and gain unparalleled business insights and analytics to help your business thrive in the online marketplace.

Our platform leverages the power of blockchain technology to guarantee the integrity of your online store. We utilize the NEAR blockchain, known for its user-friendly, carbon-neutral, secure, and infinitely scalable characteristics. NEAR provides a foundation for an ecommerce solution that is both performant and secure, ensuring that your business operations are seamless and reliable.

How?

• Decentralized Identity Verification: NEAR blockchain is used to provide a secure and decentralized way of verifying user and store identity making it safer for customers and businesses to interact.

• Cryptocurrency Payments: Supporting cryptocurrency payments can open up new markets and provide alternatives to traditional banking systems, enabling borderless transactions. This would be particularly beneficial for customers in countries with unstable currencies or limited access to banking. And with the advent of NEAR BOS, we will leverage new or existing components to accept payment beyond the NEAR blockchain.

• Tokenization of Assets: In the context of the e-commerce platform, we used the blockchain to tokenize each physical product. These tokens would help represent each product and its ownership too, which can be transferred from the seller to the buyer upon purchase. This can help reduce fraud and ensure authenticity.

• Transparent Transaction Chains and Lifetime Tracking: By leveraging blockchain's immutability, we can establish transparent, tamper-proof histories for products, stores, and users on our platform. This would enable tracking the lifecycle of products, including listing updates, purchases, and reviews. For stores, this can involve recording operational changes and transaction patterns, aiding customers in making informed choices and assisting owners in refining their operations.