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VANIG: A decentralised e-commerce system supported sensible contracts

Ecommerce is that the latest and only marketplace for all our desires. it's become the quickest growing market within the world. The e-commerce market is growing because of numerous factors appreciate the large-scale adoption of mobile devices in developing countries and therefore the widespread use of the net within the world. one amongst the key players within the business is that the economical operation of the availability chain business.Mr. entrepreneur founding father of microsof once aforementioned “The way forward for cash is digital currency” and additionally adult male. Jack Ma founding father of Alibaba once aforementioned “Cryptocurrency is that the key to your future wealth”
What Is VANIG?
Vanig is that the world’s pioneering blockchain-based integrated e-commerce and provide chain system. the most objective of this project is to contour the availability chain so it's in alignment with the aggressive e-commerce business. Vanig proposes the utilization of distributed ledger technology to combat the problems inhibiting the sleek operability of the availability chain. additionally to the current, e-commerce system can offer high-quality, reasonable and timely product and services to the patron.

Who Is Behind VANIG?
The Vanig project team consists of people with years of expertise in each the availability chain and on-line business. regarding software system, the Vanig provide chain and e-commerce system is constructed exploitation the Hyperledger serration blockchain framework. it's more bolstered by the mixing of AI and machine learning infrastructure.
Solutions bestowed
VANIG provides an answer for the ecommerce business. With provide chain functions, it's building the world's initial integrated e-commerce. supported sensible contracts, totally different points of the availability chain square measure connected to the chain. HyperLedger's aliasing technology is employed to modify the availability chain method and eliminate intermediaries. This platform has been enlightened regarding the simplest product to confirm client satisfaction and safety.
Artificial Intelligence and Machine Learning square measure accustomed produce effective advertisements on the platform. it's a vital a part of the platform, of the product, retailers and makers of wholesalers and customers. These 3 entities square measure connected to the platform by sensible contract technology. Apps created by the cluster will be downloaded by users of the platform to access immeasurable product. Security and transparency square measure the fundamental principles that the long run of the platform depends on.

Challenges Facing e-Commerce
Inefficient supplying Handling
A majority of on-line business lack the supply for chase ordered shipments. In some caes, the delivered merchandise square measure slightly totally different to the ordered merchandise.

Inconsistent Inventories
Due to the absence of a competent inventory management mechanism, customers find yourself thwarted once they favorite product run out of stock before they acquire them. On the opposite hand, merchants could either buy in or buy in a specific item.

Cross-Border rules
While most e-commerce sits square measure universally accessible, the matter lies in obliging with the greatly variable shipping and taxation rules in numerous countries.

Falsified Reviews
Some malicious on-line businesses usually publish faux reviews in an exceedingly bid to drive a lot of sales of their product and services.

VANIG Blockchain E-Commerce looking provide Chain Coin answer
Vanig can leverage blockchain technology to bring associate degree finish to problems plaguing the availability chain. Consequently, the availability chain can notice its full potential.
Blockchain technology can scale back inefficiencies within the provide chain and can give direct interaction between customers and suppliers. i feel the e-commerce business can see another revolution with the assistance of blockchain technology. What does one think about the services provided by the industry? ar number seventy three prepared for the most recent e-commerce platform?

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