KARTBLOCK
Upik05INTRODUCTION
The main Purpose of Kartblock is creating a border-less e-commerce platform and enabling tokenized payments, also uniting merchants and consumers around the world by eliminating middlemen. we will distribute 10 million KartBlock tokens to create and maintain a robust community of supporters and promoters through this officially thread announcement Which include the first phase of our bounty programe.
The economy global needed for nowadays is E-commerce . The Kart Block ecosystem is coming to turn point of the conventional marketing and sales industry where the primary focus was limited to product promotion.Kartblock connects people all around the world, trade goods without intermediaries, send and receive funds effortlessly. Kartblock marketplace will allow vendors to sell direct to customers with cryptocurrency.Through the use of the block chain users retain their data, blockchain technology gives power back to the users. The result is consumer empowerment and unparalleled sales potential for retailers and advertisers.
Story
Being pioneers in the eCommerce industry and operating a successful online marketplace in one of the largest eCommerce markets in the world, we have created a more robust and a global borderless platform that accepts tokenized payment solution. A natural progression to enable technology for the betterment of the industry and creating standards of advancements. Collectively the team is focussed to bring a revolutionary product engineered by the people from the industry
Vision
Revolutionize the eCommerce industry with Blockchain technology and empower the buyers and sellers with unrestricted transparency.
Technology
Decentralized/Blockchain Ecosystem is the technology layer of Kart Block ecosystem. This layer will be powered by the Ethereum blockchain network and native tokens will be standard ERC20 tokens. This layer will handle and record the payments, transactions, smart contracts, data verification, etc. through Hyperledger.
INDUSTRY
Ecommerce is a massively capital-intensive game. Problems of trust and transparency are almost always persistent, even when the best intentions are there, these problems can be eliminated by the Kart Block ecosystem. Through a decentralized architecture, every information is made transparent to all parties and insights are intimated so that the users can make the most informed decision possible.
KartBlock Ecosystem
The Kart Block ecosystem at its core is a combination of e-commerce platform, digital wallet, and Tokenized reward mechanism. A simple yet powerful idea behind this ecosystem is directly rewarding the customers/users for their valuable contribution to the Kart Block platform, without the need for any middlemen.This reward will be in the form of a cryptocurrency ( Kart Block Token ).
Following are the component of this ecosystem :
Digital Wallet : The digital wallet will serve as the entry of user to this ecosystem.Itwill be used to store the Kart tokens as reward and use this cryptocurrency as required by the user.
Kart Block e-commerce : This component will be like any other e-commerce platform available today.The marketplace will be powered by vendors and their products for sale.Only the major underlying difference will be that the customers,as well the user will be rewarded with Kart tokens for their actions.This platform will run atop the blockhain layer to maintain trust and transparency.
Kart Block tokens : This is the native cryptocurrency of the Kart Block ecosystem.It is the standard ER20 token and will be used to provide incentives to the users,merchants,and the consumers (For e.g Adding new user/merchants,updating profile,purchasing products via Kart Block,etc ).
How It Works
DApp is an abbreviated term for Decentralized Application. A decentralized application has its backend code running on a decentralized peer-to- peer network. This gives DApps substantial advantage over the applications where backend code runs on centralized servers. The decentralized applications have front-end code similar to any other application where the interface is written in any language that calls to its backend. Also, these frontends can also be hosted on decentralized storage such as Swarm or IPFS.
Safe & Secure Data
Kart Block aims to bring radical transparency in the e-commerce economy. The underlying blockchain technology guarantees visibility of the activities, transactions, and any data flow through the system. Unlike largely centralized marketplaces which do not share crucial data (for maintaining a marketing edge). Even merchants have to pay a hefty amount for the online user- generated data for their analysis. Kart Block will change this monopolistic system. Here, the transactions will be visible, and the merchants would be able to run analytics without any obstacles.
Blockchain technology
Blockchain technology has already begun to change the face of the internet and our online interaction. The current global e-commerce industry has allowed exponential growth of the business and provided numerous opportunities to the users worldwide. But certain challenges need to be addressed as the online economy is becoming saturated and the real drivers of the economy (Merchants and customers) are deprived of the fair value for their contributions.
Core Technology
Kart block ecosystem can be divided into two part
Centralized Ecosystem: The centralized layer of Kart Block ecosystem will govern its Android & iOS app, and its website. This layer will run over the base layer, i.e., blockchain layer. For proper functioning, maintenance, and updating of these interface systems, they are kept under the company’s control, and open-ended development will be allowed in the future.
Decentralized/Blockchain Ecosystem: This will be core-soul technology layer of Kart Block ecosystem. This layer will be powered by the Ethereum blockchain network and native tokens will be standard ERC20 tokens. This layer will handle and record the payments, transactions, smart contracts, data verification, etc. through Hyperledger.
Token Economics
ERC20 type tokens are deemed as Blockchain assets that possess value, and can be used for trade, transactions and investment like any other digital currency.Therefore, with the Kart Block token, the user can hold it, trade other currencies and assets with it or use it for transactions to purchase any other entity via the Kart Block platform.
ROADMAP
2014
Inception 27 Avenue Asia & India expansion
2016
Middle East Expansion
2018
Quarter 1 Blockhain Strategy & Rebranding to Kartblock
Quarter 2 Token Sale Preparation
Quarter 3 Token Sale Finish
Quarter 4 Product MVP
2019
Global Expansion
Our Team
Our Team Members are team Players dedicated to bring Energy, ideas and pride to our work. We have a multi cultured Team andtogether we build a community at KartBlock. They are specialist in their fields, you can Learn more about them here.
Team
Waqas Nakhwa
Founder & CEO
Shuaib Khan
Co-Founder & CBO
Tejas Thole
CTO
Fazal Ahmed
Head of eCommerce Strategy
Stephanie O’Brien
Content & PR
Sohaib Syed
Head of Sales – MENA
Nazia Nakhwa
Admin & HR
Akash Kapadiya
UI / UX Designer
Sanat Bhat
CFO
Saurabh Mhase
Software Developer
Vinay Ullal
Digital Marketing
Hardip Singh
Community Manager
Natalia Snezhana
CMO
Abdul Rahman Al Ajmi
Director Business Development
Shalin Verma
ICO Marketing Expert
Our Advisors
Khalid Patel
Advisor
Paul McNeal
Project Consultant
Krystelle Galano
Advisor
Yash Maltani
Legal & Compliance Expert
Alexandru Tudorache
Advisor
Adrian Brathwaite
Advisor
Drs. Hans Koning
Advisor
Kyle Headley
Advisor
More information contact :
Website: http://kartblock.io/
Whitepaper: http://kartblock.io/wp-content/uploads/2018/05/kartblock-final.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=4674179.0
Twitter: https://twitter.com/KartBlock
Telegram: https://t.me/kartblock_Community
Author : Upik05
Bitcointalk Username: upik05
Telegram Username: @upik05
BTT Profile Link: https://bitcointalk.org/index.php?action=profile;u=2205131
Address wallet
0x6B4D2B44e4FB4648FE87029C4ddf00Da999127c4