Elementh: Blockchain infrastructure for e-commerce markets

The concepts of the markets are very well known to us. From day to day we can observe his work, on the basis of which we make appropriate conclusions regarding his functioning. The average consumer regularly visits the market once a week to purchase the necessary products: rice, flour (of any sort, depending on personal preferences), as well as other, not less important household items.
It is noted that there are 2 main reasons that attract consumers:
The first: The fact is that a person has the opportunity to purchase the right thing at an acceptable cost without overpaying more than a ruble, so the consumer is primarily motivated by the desire to save, in order to later, to residual means to realize their own dreams or to translate into practice what was in theory.
The priority task of Elementh is the ability to teach the current generation of youth to value money and instill saving skills, why pay more, right? Thus, they will be taught to make certain savings.
The second: it involves the acquisition of a quality product, for the same price. Quality is the main reference point of a potential buyer.
It happens that people buy high-quality goods, but at a higher price than it actually costs or a person has to overcome a certain distance again, in search of improved products. For example, if we want to buy good rice, then we will start to investigate all the shops, in search of the brand that will suit us, and if it is not found in nearby supermarkets, then we will continue our search for more distant ones.
Road map:
  • 2012.  Establishment of MIIIX.
  • 2012.  Investments from RSV Venture Partners and business angels.
  • 2014g. Quantity of product categories is 1000.
  • 2016g.  The MIIIX database has 70 million SKUs in 30,000 product categories, 1,000 stores of different industries, customers from small stores and the largest e-commerce portals (Sberbank AST) 
  • 2017g. Transition to blockchain technology with the implementation of the open source Elementh project 
  • January 2018  Preliminary sale (15.01 - 31.01) 
  1. Only the whitelist;
  2. Minimum 10 ETH or 1 BTC;
  3. A maximum of 100 buyers.
  • February 2018 Pre-ICO (01.02 - 14.02) 
  1. 1 EEE = 0.0001 ETH.
  2. Minimum 1 ETH or 0.1 BTC.
  3. A maximum of 1000 buyers.
  • March 2018 Pre-FUND (15.02 - 31.03)
  1. 1 EEE = 0.0002 ETH.
  2. Pre-Fund BONUS: 30%
  • April 2018 ICO (01.04 - 30.04) 
  1. 1 EEE = 0.0002 ETH.
  2. The first day of BONUS: 30%.
  3. The second day of BONUS: 15%.
  • June 2018  Blockchain Basis Layer (Alpha)
  1. EAS, ESCS (g), EIPC, EESN 
  • August 2018 Blockchain Abstract Layer (v_0.1) 
  1.  ESCS (u), EOTS, ESNS, EPS 
  • October 2018   Blockchain Abstract Layer (v_0.2) 
  1.  ESNS, EANS, EPCM, ESS (Test Net) 
  • December 2018 Wallets and Blockchain explorer (Release) 
  • February 2019 API
  • March 2019  Master Nodes 
  • March 2019 DAPPs
The Elementh project is specifically designed for the commercial market, whose main motto is the successful implementation of blockchain technology in electronic commerce. To maximize this goal, all the advantages inherent in this technology will be used to the fullest extent, and this will contribute (in the future) to a rapid increase in the efficiency of electronic commerce.
Elementh will become an indispensable assistant, as it will help shops conduct a comparative analysis of the products that are provided by a wide variety of suppliers. This novelty and consumers will not pass by - thanks to it, they will be able to find the best offers from verified sellers.
The key idea is a large-scale increase in the number of active users (worldwide) through the provision of high-quality services, profitable transactions, share offers, guarantees and operational support. Simply put: the emphasis is on establishing a strong relationship between sellers and consumers, thanks to an excellent service.
Conclusion: The developers of the program Elementh are supporters of the well-known saying - "great things in business are never performed by one person, but by a group of people". 
More about the project:
Website:  https://elementh.io
Author by: thomas_sugiarto

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