Every day, billions of people contact each other through trade. Someone sells something, and someone buys it, thus both parties form the global trade market in the whole world. Moreover, sellers can be not only private individuals, but also large corporate giants, whose income amounts to billions of USD. In fact, it doesn’t matter what amount of the transaction is involved, as it is in this relationship, what unites them.
And unites them a number of problems that arise constantly. Due to the fact that all participants in the transaction are in contact with each other, various trade agreements are created between them for reporting, where all the conditions for fulfilling the obligations of each of the parties are specified. But as practice shows, not everyone acts in good faith, someone did not make an advance payment on time, someone took an advance payment at all, but did not fulfill a number of obligations. As a result, there is a huge amount of disputes, the resolution of which is delayed for weeks. And this usually leads to a number of other problems associated with financial losses and business costs. Unfortunately, traditional tools and contracts in their pure form cannot cope with such problems as fast speed of solving problems, moreover, they lack transparency and are not biased towards one side or the other. Therefore, the question of how to solve it all remains relevant. And Plaza project will solve all this problems.
Plaza is new blockchain E-commerce platform which is introducing an E-commerce marketplace where sellers can directly connect and have access to their customers who would purchase some goods and services without using other centralized E-commerce marketplace platforms.
Plaza platform operates with a double token in order to make transactions smooth and easy in this ecosystem. Its token is backed by a fiat, in order to support the token so as to curb any volatility. And Plaza wallet will support multiple currency which will make it easy and convenient for users to access the funds.
Fast & future-proof MerchantChain
The foundation of Total bCommerce, the MerchantChain is the fastest, most scaleable, most secure, and most future proof distributed ledger for commerce.
Incredible Speed
Benchmarked over 15000 tps with less than three seconds average confirmation times
Infinite Scaleability
Positive correlation between all user numbers and deployed nodes, more users equals with more capacity
Inherent Sustainability
A ledger maintained by ultra low powered IOT devices and mobile and desktop applications according to new proof-of-reputation algorithm
Elevated Security
All parties must possess the AURA SSL Certificate, preventing any fraudsand instilling trust and confidence in allosystem
I believe that project Plaza has every chance of taking its leading position in commerce market segment. Since its idea, tools and functions are aimed at solving existing problems in the international market and their quality solutions. What I think is an important fact! Moreover, the developers of Plaza do not intend to unlock the full potential of blockchain technology alone, they are creating a synergy of strategically important partnerships with already existing ecosystems, joining their efforts for the further growth of blockchain technology.
However, do not forget that my article is only a superficial overview and does not affect all the underlying processes of the project, the knowledge of which will allow you to study it in more detail and fully understand the essence of Plaza. Therefore, I strongly recommend that you familiarize yourself with both the technical documentation of the project and its official media resources. All the necessary links you will find at the end of the article.
Plaza Links:
Website: http://www.plaza.systems
Whitepaper: https://www.plaza.systems/whitepaper/
Telegram: https://t.me/plazatalk
Reddit: https://www.reddit.com/r/PlazaSystems/
Twitter: https://twitter.com/PlazaSystems
Facebook: https://www.facebook.com/plazasystems
Bounty0x username: serg544
