Elementh is the Blockchain, which aims to solve the problems of the modern world of e-commerce. Elementh is a Blockchain designed for the e-commerce sector. Elementh is the name of the company Blockchain which offers business solutions for e-commerce. The main idea of Elementh is to offer a list of goods the ownership of Blockchain and the ability to use smart contracts to sell it. This will allow the company to use technology Blockchain to improve their business.
The company also offers the ability to create some centralized and decentralized applications that will be developed by third parties and used by e-commerce companies. The goal of Elementh is to create an alternative Protocol for decentralized application development used by e-commerce, providing nomenclature standard quality, guarantee the ownership of certain products and the ability to make smart contracts specifically for e-commerce.
How about Blockchain?
Elementh will achieve this by creating a Blockchain with a Turing-complete programming language built-in, allows anyone to write applications and intelligent decentralized contracts, allows the use of integrated products, card transactions e-commerce and the transfer of ownership. Elementh will use technology Blockchain to organize the existence and a list of the goods and to ensure that users and sellers both will work together.
Customers will be able to pay using smart contracts and can easily return the money if the product never make it (because Blockchain can track products and ascertain whether the product is shipped or not).
Elementh has a system of goods, which can also be used in a large number of applications, such as tracking the movement of certain goods from the creation to the current owners of the original items, track and detect counterfeit goods.
The System Of Goods
Unlike the system token systems, goods also provides the ability to issue a specific product on a specific address, which shows all the data items that are possible (such as name, manufacturer, barcode, etc.). And if an identical item already exists in the Blockchain, the Publisher will receive a message about it, and he'll have a chance to show how the goods that want to issue. Items in the system exist in one copy and if the goods with the same serial number is added to the system,
If the item has a serial number, you can determine when the transfer operation is performed. To provide protection against data forging, only a hash of the specified serial number in the system, therefore the only people who know the initial amount that has the ability to perform a valid transaction. In the absence of serial numbers at the moment of goods "issue", it generated randomly and the holder can use it to identify certain items by printing the QR code on the packaging, write it in RFID tags or with Another way is easy.
Every action in the blockade Elementh called a transaction. The simplest transaction is the transfer of value between the EEE accounts and determine the ownership of the goods. Transactions can include structured messages to recipients. Account can specify a script to handle a message when the message is received. The combination of messages and automatic script is smart in the contract subsystem Elementh.
Internal Currency Account Balance EEE;
Information about the ownership of the goods to keep track of items, such as specifications, photos, EAN Code, serial number, and more, using the Elementh Protocol IPFS. IPFS (the Inter Planetary File System) is a hypermedia communications protocol address, peer-to-peer. IPFS lets you create a distributed application is full.
FOR MORE INFORMATION
https://elementh.io
https://twitter.com/Ahooleeman
https://t.me/elementh_community
https://www.facebook.com/Elementh
Author: Ghaniindependen
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