Elementh - Transforming E-commerce
Elementh is a blockchain intended for the e-commerce sector. This is a rundown of "merchandise proprietorship", which can compose an exceptional smart contract and utilize terminology principles to rapidly make decentralized and centralized applications.
Elementh has absorbed the best achievements of recent years in the field of Blockchain, aiming at solving the problems of the modern world of e-commerce. Elementh is a Blockchain designed for the e-commerce sector. Elementh is the name of a Blockchain company which offers solutions for e-commerce business. The main idea of Elementh is to offer a Blockchain register of ownership of goods and the ability to use smart contracts to sell them. This will enable the company to use Blockchain technology to improve their businesses.

The company also offers the ability to create several decentralized and centralized applications to be developed by third-parties and used by the e-commerce companies. Elementh's goal is to create an alternative protocol for the development of decentralized applications used by e-commerce, providing a standard quality nomenclature, guaranteeing ownership of a particular product and the ability to create specialized smart contracts for e-commerce.
Some e-commerce problem
Originally, the American UPC system was developed, which carried 12 digits for the coding of goods and became so popular that European countries focused on it. However, the entire range of codes was already coded in the US and Canada, while the goods and companies were officially registered in the US. Developers of the European EAN-13 coding faced a serious challenge — adapting the codes and arranging self-registration for the USA system to ensure maximum compatibility with UPC coding. This primary code was created for automated merchandise produced by a large number of companies, so that the problem of internal content for regulation and standardization was very important. The same goods from different manufacturers had to have a different coding. They are as follows:
Digit for the prefix;
Digits for the manufacturer code;
Numbers for the goods code.
Due to some data situation, where some goods have the same barcodes or articles not infrequently
Finally, barcodes are often not entered into the ERP system of wholesalers, and each participant in the sales chain uses its own unique items for different types of goods.
goods system
Together with the system tokens, element system of goods that can be used in a large number of applications, track the movement of a particular article, creating the detection of counterfeit goods.
Transactions and news
Every action in the blockchain of Elementeh is called transaction. The simple nature of the transaction is the EEE token between the account and the ownership. The message of the combination of automated script in a subsystem element contract.
Reward for the block
Blockchain, which uses the Elementh software, is rewarded with a block maker each time the unit is created.
The system of tokens
To better know which system token is, imagine a database of an operation and a necessary implementation of a smart contract with the logic above.
Conclusion
The Elementh protocol was originally designed as an enhanced version of the cryptocurrency and offers advanced features for e-commerce such as ownership of the product, financial contracts, etc. The Elementh protocol does not directly support any of the applications, but the presence of The Turing Full Programming language means that theoretically any contracts are created for each type of transaction and application. Even more interesting is that Elementh’s protocol went much further than the usual cryptocurrency. The Protocol, which can be used to create decentralized marketplaces, identify counterfeit products and much more, has enormous potential
System of Goods
Alongside with the system tokens, elementh system of goods that can be used in a big number of applications, tracking the movement of a particular item creating detecting counterfeit goods.
Transactions and messages
Any action in the Elementh blockchain is called transaction. The easy way of transaction is the EEE token between account and define ownership goods. The message of combination of automated script in a subsystem elementh contract.
Reward for the Block
Blockchain which uses Elementh software will be awarded with a block manufacturer any time the unit is created.
The System of Tokens
In order to better know what system token is, imagine a database with one operation and a necessary to implementation of a smart contract with above logic.
TOKEN PRE-SALE
Jan. 15, 2018 – Feb. 14, 2018
TOKEN SALE
April 1, 2018 – April 30, 2018
JOIN SALE
Token info
Ticker: EEE
Platform: Ethereum
Token Type: ERC20
Available for sale: 217,500,000 EEE
Financial
Price: 1 EEE = 0.0001 ETH
Accepting: ETH, BTC
Hard cap: 1,500 ETH
Conclusion
The Elementh protocol was originally conceived as an enhanced version of the crypto currency, providing advanced functions for e-commerce such as ownership of the product, financial contracts, etc. The Elementh protocol will not support any of the applications directly, but the presence of the Turing-complete programming language means that theoretically arbitrary contracts will be created for any type of transactions and applications. Even more interesting is that Elementh protocol has gone much further than the usual crypto-currency. The protocol that can be used to create decentralized marketplaces, identify counterfeit products, and much more, has a huge potential to significantly improve the efficiency of the e-commerce industry and can give a huge boost to the development of other peer-to-peer protocols by adding the first economic layer.
Be a part of this incredible project. Download the Whitepaper for the full scoop.
Till next time...
FOR Further Information Visit
Official Website: https://elementh.io/
Official Facebook Page: https://www.facebook.com/Elementh-1371154296341075/
Official Twitter Page: https://twitter.com/Ahooleeman
Official Telegram Channel: https://t.me/elementh_community
Author by: thomas_sugiarto
https://bitcointalk.org/index.php?action=profile;u=1350842
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