Elements Aiming To Solve The Problem Of Modern World E-Commerce

Maret 26, 2018

What is Elementh?

Elementh is blockchain for e-commerce, which is a list of ownership of goods with the power to write a special smart contract and the use of nomenclature standards to make decentralized and centralized applications for e-commerce as soon as possible. Elementh has absorbed the best achievement of a year more recently in the blockchain, which has the goal of solving the problems of modern e-commerce world.

Elementh has absorbed the best achievement of a year more recently in the blockchain, which has the goal of solving the problems of modern e-commerce world. Elementh is blockchain for e-commerce, which is a list of ownership of goods with the power to write a special smart contract and the use of nomenclature standards to make decentralized and centralized applications for e-commerce as soon as possible.

System of Goods

Along with the token system, Elementh has a system of goods, which can also be used in some large applications, such as searching for the specific movement of goods from its creation to the present, searching for genuine goods and detecting counterfeit goods. . In contrast to the token system, the goods system also provides the power to "remove" specific products at specific addresses, indicating all possible data items (such as names, manufacturers, barcodes, etc.).

If the identical item is already in the blockchain, the publisher will also receive a message about it, and he will also have a chance to show you what items want him to "show". When an item has a serial number, you can be sure when the transfer operation is done.

To provide protection for the forging data, only the hash of the serial number is decided in the system, therefore only the person who knows the initial number has the power to conduct a valid transaction. With no serial number when the item "gets out", the system generates it randomly and the holder can use it to identify the specific item by printing the QR code on the packaging, write it in the RFID tag or perhaps with an easy different step.

EEE internal currency account balance;

Information on ownership of goods To store goods data, such as specifications, photos, EAN codes, serial numbers, and others, Elementh uses the IPFS protocol. IPFS (the Inter Planetary File System) is a hypermedia communication protocol addressable, peer-to-peer. IPFS lets you create a fully distributed app.

It is aimed

to make the World Wide Web faster, safer, and more open. There are two types of applications built on Elementh.

The first category is a financial application that gives users a good opportunity to manage and participate in contracts using cash, including buying and selling products and content online and offline, as well as tokens available in Elementh software.

The second category is non-financial applications, such as identifying counterfeit goods or counterfeit goods in the supply chain, and others. Elementh Blockchain has its own built-in currency, elementh (EEE), which is used for all operations inside Elementh Blockchain,

For example, payment of transaction fees.

Tokens are checked as EEE and they follow the default token ERC20. The primary token sale of the Elementh platform will begin on April 1, 2018 at 00:00 UTC and will expire on April 30, 2018 at 23:59

UTC. 1 EEE will be equivalent to 0.0002 ETH. During ICO every token sale on the first day will attract 30% bonus Token, while day 2 will attract 15% bonus Token.

The only currency to be received during the token sale is ET. One of the roadmaps of the platform is the launch of alpha Elementh Blockchain version in June 2018.

ROADMAP

2012 - Establishment of MIIIX company

2012 - Investment from RSV Business Partners and business people

2014 - The number of product categories is 1000

2016 - In the MIIIX database there are 70 million SKUs in 30,000 product categories, 1000 stores from various industries, clients from small shops to the largest portals in e-commerce (Sberbank AST)

2017 - Transition to blockchain technology with introduction of opensource project Elementh

01/2018 - Private Pre-SALE (15.01 - 31.01)

Whitelist only; min. 10ETH or 1BTC; max. 100 buyers;

02/2018 - Pre-ICO (01.02 - 14.02)

min. 1ETH or 0.1BTC; max. 1000 buyers; 1EEE = 0.0001ETH; BONUS white list: Day one: 30%, Day 2: 15%

03/2018 - ICO (01.03 - 31.03)

1EEE = 0.0002ETH; BONUS white list: Day one: 30%, Day 2: 15%

06/2018 - Alpha-Elementh version of blockchain

09/2018 - TestNet blockchain element

12/2018 - Launch of Elementh blockade

03/2019 - Launch of the first DAPP

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