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Topic: [ANN] Gemstra - The Future of Influencer Commerce - page 6. (Read 19209 times)

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The Genealogy
is stored as a flat array and includes the following components:
● Genealogy Unique Id (UUIDv4) - This acts as a unique identifier for the genealogy
● Merchant Address - This connects this specific merchant to the Genealogy
● Seller Address - This connects this specific seller to the Genealogy
● Parent Address - This connects this specific seller to another seller
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This refers to the structure of who gets paid on which transactions and actions. The genealogy is public
and is read access to all. Create, Update and Delete access is reserved for the merchant.
jr. member
Activity: 182
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All of the components of the Smart Contracts Tier is
built to run on the Ethereum Virtual Machine (EVM) and are written in Solidity. By using smart contracts  we ensure that, sellers, brands and customers receive payments that are delivered transparently,
immutably and without intermediaries taking large chunks of the revenue.
jr. member
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Smart contracts are immutable programs that execute when certain conditions are met. They allow for
data to be verified quickly, cheaply and are fully transparent. Smart contracts lie at the core of the
economy and powers must of the infrastructure.
newbie
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Gemstra is a blockchain-integrated ecosystem for the social selling economy. Gemstra BOUTIQUES is the flagship marketplace that connects Brands and Sellers in social selling.  Gemstra will make the BOUTIQUES marketplace software open source and create the Gemstra SDK so any merchant (retailer) can easily add a social selling channel to their business.
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Each Merchant has a unique wallet that contains their genealogy and fee structures. Merchants
are the dapp Layer that connects Sellers/Customers to Brands. Merchants are the arbiter of
actions and transactions within the economy.
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Each Brand has a unique wallet that contains their commission and reward structures. Brands
will sign up with Merchants. Brands can also require a Seller fee to enable the Brand on given
Merchant.
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Sellers and Customers are the most prolific users in the economy. They initiate all actions and
transactions within the economy. Wallets are upgradable and downgrade-able between Seller
and Customer.
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While we believe in transparency and openness, there are certain bits of information that will need
to be private, such as user emails, names and addresses. This information will be encrypted using a
public-private key-encryption model to restrict access to only the “owners” of the data.
newbie
Activity: 210
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I like this project with it's advantage that it creates a social system where buyers, brands, and merchants can conduct business without intermediaries on the decentralized platform. This makes it easier for users to get their desired products through working with their system.
Buyers who want to usd platform woulf find it easier to find their desired goods.
Great project with great team.
newbie
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"Gemstra will make the BOUTIQUES marketplace software open source and create the Gemstra SDK so any merchant (retailer) can easily add a social selling channel to their business."

How many merchants have downloaded the Gemstra SDK to date?
jr. member
Activity: 182
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All data will be stored using Interplanetary File System (IPFS), this is a peer to peer distributed file
system that connects devices with files. This allows for a high-throughput distributed file system. All
files on IPFS are located using a hash which acts as an address of the data. We will take that hash and
store it on the blockchain to ensure data integrity.
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The Data Layer is responsible for providing a scalable off chain data storage solution. This section will
contain details about the approach we have chosen to manage data in ASTRA.
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The Customer alerts the Merchant hosting the transaction that it has been completed and the
contract should be paid to all participants. The Customer interfaces with the Seller and moves with
the Seller.
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Activity: 182
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Actions and Transactions read the Data Layer into objects and run code from Logic Layer to generate
calculations within the ecosystem. Calculations execute tokens to exchange between operators and are
written to mainnet. All Transactions charge a 1% Toll.
member
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I like the vision, and proved successful in Asia, because social sales have huge growth potential. Good luck, guys!
jr. member
Activity: 182
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Customers manage Profile data per Merchant in the Data Layer. Customers can be linked to multiple
Sellers and multiple Merchants.
jr. member
Activity: 182
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Sellers govern Customer data and Downline Genealogy in the Data Layer. Sellers can sign up with any
Merchant (pay fee if required) load their Customer data across multiple Merchants.
full member
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Gemstra Advisor Series: Welcome Jason Hung

Jason is a serial entrepreneur and inventor in mobile technology, blockchain ecosystem, digital marketing, AI and ERP related business. He is the co-founder of Treascovery, Chidopi and TimeBox and has worked on more than 30 ICO projects as advisor.
jr. member
Activity: 182
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The agent who executes the sale of an item to a Customer. The Customer information belongs to
the Seller (and not the Merchant or Brand). The Seller can elect which Brands are represented in the
Merchant interface (by default Gemstra Boutiques).
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