The full review on FENIX TRADE IN CRYPTOCURRENCY MARKET ICO
Cryptomarket Fenix Trade: the problem of the crypto-currency market and the appointment of the Fenix Trade project ; The principle of the project's work
Blockchain technology, which appeared quite recently, attracts attention with its unlimited possibilities in use. One of the options for using this technology is the creation of guaranteed asset records and transactions, the ability to make purchases using crypto currency.
Blockchain technology, which appeared quite recently, attracts attention with its unlimited possibilities in use. One of the options for using this technology is the creation of guaranteed asset records and transactions, the ability to make purchases using crypto currency.
The Fenix Trade project combines the most important advantages of Blockchain technology:
1) openness. Users (buyers and sellers) can see transactions and goods movement at any time;
2) reduction of transaction costs. Blockchain allows you to conduct transactions without intermediaries. For example, it could be a bank. Platform users do not bear any costs with the work of the intermediary bank, so their costs are reduced. After integration into the UNIVERSA Blockchain system, the payment for using the technology will be close to zero. A smart contract automatically transfers funds to the Seller immediately after delivery, if the Buyer has no claims;
3) accelerated settlement of the transaction. Typically, a full transaction takes several days. Such conditions are determined by the bank software protocol, and also because banks operate only during the day, five days a week. In addition, financial institutions may be located in different time zones, which can also delay the processing of the transaction. Blockchain technology works 24 hours a day, seven days a week, which means that transactions based on it are much faster;
4) authentic feedback. Only the user who paid for and received the goods can leave feedback about the product and the seller. In this case, the very fact of using the feedback and the order ID will be recorded in the block, which guarantees openness and reliability of feedback on the platform.
As a provider of Blockchain services, the UNIVERSA platform is suitable. It has the following capabilities: - minimal and stable commission; - a speed of 20,000 transactions per second, while the speed is from 3 to 6 transactions per second.
1) openness. Users (buyers and sellers) can see transactions and goods movement at any time;
2) reduction of transaction costs. Blockchain allows you to conduct transactions without intermediaries. For example, it could be a bank. Platform users do not bear any costs with the work of the intermediary bank, so their costs are reduced. After integration into the UNIVERSA Blockchain system, the payment for using the technology will be close to zero. A smart contract automatically transfers funds to the Seller immediately after delivery, if the Buyer has no claims;
3) accelerated settlement of the transaction. Typically, a full transaction takes several days. Such conditions are determined by the bank software protocol, and also because banks operate only during the day, five days a week. In addition, financial institutions may be located in different time zones, which can also delay the processing of the transaction. Blockchain technology works 24 hours a day, seven days a week, which means that transactions based on it are much faster;
4) authentic feedback. Only the user who paid for and received the goods can leave feedback about the product and the seller. In this case, the very fact of using the feedback and the order ID will be recorded in the block, which guarantees openness and reliability of feedback on the platform.
As a provider of Blockchain services, the UNIVERSA platform is suitable. It has the following capabilities: - minimal and stable commission; - a speed of 20,000 transactions per second, while the speed is from 3 to 6 transactions per second.
The problem of the crypto-currency market and the appointment of the Fenix
Trade project There is still no convenient and secure platform that allows you to sell goods with crypto-currencies to individuals and small companies at the international level, and the threshold for entering large sites is tens of thousands of dollars. Moreover, there are no reliable platforms that, with the help of smart contracts, guarantee the receipt of goods or money to the seller. The solution to this problem is the Fenix
Tradecrypto marketusing Blockchain technology. The target audience of the project includes any individual entrepreneur or company who want to sell their products safely in the international or local market with the help of any crypto currency without additional investment.
The task of the project is to provide any person, as well as companies (from small to large) the opportunity to place goods on the Internet platform and start selling it for crypto currency at the international level without additional investment and in a short time. For the buyer it is an opportunity to buy goods safely from any seller in the world with a crypto currency. The seller will receive the funds immediately after the buyer confirms the receipt of the goods. In case of disputable situations (for example, the goods do not correspond to the description), the buyer has the right to open the "Dispute" and agree with the seller exchange or refund for the goods. If the parties do not reach an agreement, the Arbitrator of Services enters into the dispute as an independent party. He examines the evidence submitted by each party,
Principle of the project
The seller creates an account for free in the interface of the Internet platform, adds goods, assigns a price in US dollars. The price in crypto-currencies (BTC, Ethereum and others) will be calculated automatically depending on the market and also automatically updated to protect against volatility. The seller himself chooses the currency (or crypto-currency) to which he would like to tie the price. The service fee is automatically added to the price for the product.
The service charge is from 1% to 5%, depending on the seller's rating, category and the price of the goods sold. Each Buyer and Seller for the purchase or sale must have a personal account on the Internet platform. The buyer goes to the main page of the Internet platform or store, chooses the product that interested him, looks at the product description, price, payment methods, delivery methods and cost, product reviews or seller. Then the buyer adds goods to the shopping cart (later he can add other goods) or makes a quick purchase. The buyer is given a purse identifier with the selected crypto currency, to which he will have to transfer the specified amount after the purchase.
You can also pay for the goods from the platform account, which the Customer previously replenished with crypto-currencies. Throughout the period, the Seller and the Buyer can communicate with each other via an internal chat. After the Buyer confirms receipt of the goods, the smart contract transfers the funds to the Seller. The buyer at the same time has the opportunity to delete reviews about the product and the seller. Payment and feedback systems operate on Blockchain technology for openness in service operations. Both sides of the transaction (both buyer and seller) are protected by the Arbitration Service.
To increase sales and improve the level of service, tools for affiliate marketing will be available on the platform (CPA-network for Blockchain), CRM and analytical systems for sellers. In addition, each seller will be able to place goods not only in the general catalog, but also create their own at a dedicated address. It can be customized according to the peculiarities of the seller's goods.
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The author:gafman
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