About Vanig.io

- Juli 13, 2018

The industry of e-commerce now affects the whole market. Before you can see that business lies only on the common traditional aspect, like supply and demand, ordinary labor, the average person, the client and potential customers. But since the advent of e-commerce, the simplification of the system of selling goods has become even better. The advantage of this in comparison with the traditional business is to offer a low cost of the offer, as well as to reduce loan payments. Do you know Paypal? one of eCommerce, which is very well employed by many people, has become the reason for the convenient choice that they have begun. This markup changed when the market appeared crypto currency. What for? the growing trend of market retailers is currently finding a fast and smooth ecosystem, while they will have a lower payment for any services. It is here that the block can give them an advantage over the traditional one. Many consumer and online stores now use crypto currency as payment, but they are still afraid of potential security because of their approach to decentralization, but nevertheless it improves over time. True, many people are now shifting their target market and expanding the horizons of cryptocurrency users' capabilities. I will discuss this project, which will offer a lot for online stores and the consumer industry, which use blockhain with many benefits for pleasure.

What is the Vanig project?

Vanig is a new e-commerce launch project, endowed with a block chain, led by their two congeners Prem Sekaran ( https://www.linkedin.com/in/prem-sekaran-3a6692158 ) and Vinod Kumar

( https: //www.linkedin .com / in / vinodh-kr-5a7212158 ). This project is aimed at creating a platform that takes advantage of the blockchain system, which will benefit consumers and producers.

There are many players who launch their platform with the same concept in this type of industry, but the question depends on what they have and what they can offer to the markets? I will discuss two of my favorite eCommerce, which use the block chain for online retail and consumer business.

Have you heard about the Ins and Retainly ecosystem? They are both an e-commerce business in the retail and manufacturing industries. They are gaining popularity with a broad consumer and partners in the market, and both use the contract with ethereum smart to get liquidity for their platforms using tokens erc20 as a reward. Especially good with a dozen of partnerships around the world with the addition of their loyalty program makes their business well known. I adore both of them, but when I heard and researched the Vanig project. I am amazed at the concept and the additional opportunity that they can offer the market.

Vanig's main objective is almost identical to the two projects mentioned above in order to create a platform that takes advantage of the block chain with a growing business challenge due to the many supply chains and the third party, which leads to a more expensive product on the market. Vanig wants to remove the middle side of the picture, resulting in the product becoming cheaper, and happy buyers can enjoy it.

To make this possible, they will add an additional technology called Hyperledger Sawtooth. This technology will benefit from the solution of its supply chain. From what I've learned about this technology, using this will make it easy to get used to different private networks and smart contracts to speed up transaction execution and confirmation by chain. Perform parallel transactions, as well as to create and verify the rapid tracking of blocks. Due to this clogging on the network transaction will be reduced, if a large block of volume enters Vanig simultaneously.

For more detailed eplanatsii you csn refer to your 44-page technical document. ( https://vanig.io/latest-whitepaper )

Selling tokens and roadmap