Sometimes buyers need to send payments by means of bank transfer. In this case ,time necessary to complete a transaction may take up to a few business days; especially with
international transfers, and that is extremely inconvenient for the user.
Topic: [ANN][BOUNTY][AIRDROP FOR HOLDERS] BCShop.io - a marketplace on smart-contracts - page 50. (Read 31777 times)
October 25, 2017, 01:08:41 AM
October 25, 2017, 12:56:31 AM
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October 25, 2017, 12:46:34 AM
In case of automated delivery, payments are tracked with the help of BCShopApp application running on vendors end. The application keeps record and performs delivery of the product in accordance with a set algorithm. See chapter BCShopApp for more details.
October 25, 2017, 12:34:49 AM
Creating sale offers, as well as buying products is done with the use of software, based on MyEtherWallet – one of the most popular Ethereum online wallets. That allows the service to be used on both desktops and mobile devices.
October 25, 2017, 12:22:21 AM
How are you going to solve the problem of ETH volatility?
According to the contract a vendor can recalculate the price of all their DPS contracts at the determined rate.
According to the contract a vendor can recalculate the price of all their DPS contracts at the determined rate.
October 25, 2017, 12:18:52 AM
BCShop.io arranges a product/service to be delivered as a smart contract which already includes controlling most of the necessary features: account of the product volume for sale, ability to establish money back timeline with automated free processing, and ability of wholesale opportunities.
October 25, 2017, 12:08:26 AM
Use of smart contracts allows for automatization of payment processing and accountof products. In the simplest cases, creating a digital product offer is done with only a few clicks and does not require vendors to install any software.
October 25, 2017, 12:00:44 AM
BCShop.io solves the problem of conversion fees by avoiding using its own currency and instead, maintaining all transactions in “native” Ethereum currency. That being said, by working with our service users will save time and money.
October 24, 2017, 11:55:12 PM
BCShop.io fees do not exceed 2% for all our partners, and it is just 0.5% for major partners. In addition, BCShop.io does not have any extra hidden fees and, more than that, implements integration and further support according to our partners` requests for free.
October 24, 2017, 11:42:30 PM
BCShop.io arranges a product/service to be delivered as a smart contract which already includes controlling most of the necessary features: account of the product volume for sale, ability to establish money back timeline with automated free processing, and ability of wholesale opportunities.
October 24, 2017, 11:37:17 PM
A vendor can use the website for tracking basic information about products and for monitoring the course of the sales. The following features are available through the website:
1.Output of the information about the products connected to the Vendor Contract.
2.Review of data on every product.
3.Editing product data (price, quantity, sale period, etc.)
4.Removing products from sale.
1.Output of the information about the products connected to the Vendor Contract.
2.Review of data on every product.
3.Editing product data (price, quantity, sale period, etc.)
4.Removing products from sale.
October 24, 2017, 11:28:34 PM
A large part (80%) of the commission collected on the platform goes to provide ETH value of bonus tokens.
October 24, 2017, 11:23:32 PM
To get the funds back, a buyer just needs to call the contract MoneyBack function within the stated timeline or use the corresponding option on our website.
October 24, 2017, 11:12:30 PM
An average fee that sellers have to pay for each received online payment today is about 3.5%, while selling fees for some online payment systems exceed 5-10%. These figures are especially high for some business spheres like those of gambling or sports betting. More than that, users usually should pay a fee for transferring money out from the payment system to the bank account. Besides, payment systems charge additional moneyback fees, may charge inactive account fees, cross-border transaction fees, annual (monthly) fees, etc.
October 24, 2017, 11:03:57 PM
And the whole process of sale is done on blockchain, without any need for vendors to have their own server! The ability of fractional (not per-item) sale is worth mentioning too: in
this case the amount of product is defined by the payment amount. This approach is convenient in many niches, for example, selling premium game currency.
this case the amount of product is defined by the payment amount. This approach is convenient in many niches, for example, selling premium game currency.
October 24, 2017, 10:50:40 PM
Processed payments are accordingly marked by using smart contract. All the data related to DPS sale terms is also stored on blockchain.
October 24, 2017, 10:43:18 PM
Speaking of other projects, there are companies that have recently finished a successful ICO, and they are aimed at receiving payments in their own currency units (tokens). However, their users have to exchange basic Ethereum currency to particular tokens before they are able to use the project services. This exchange is also associated with paying fees, which means additional time is spent by the user.
October 24, 2017, 10:31:12 PM
How are we different from OpenBazaar?
The major difference is on the fundamental level – it is use of the mechanism which the platform is based on. BCShop.io is actually based on blockchain, with the use of smart
contracts, while OpenBazaar is, in fact, local (requires installing special software) and exchange of data between the users is already an add-on.
The major difference is on the fundamental level – it is use of the mechanism which the platform is based on. BCShop.io is actually based on blockchain, with the use of smart
contracts, while OpenBazaar is, in fact, local (requires installing special software) and exchange of data between the users is already an add-on.
October 24, 2017, 10:22:37 PM
We constantly monitor technological development and consider the possibility of integration with other blockchains supporting smart contracts, which offer enough opportunities to implement BCShop.io functionality.
October 24, 2017, 10:08:53 PM
To guarantee the MoneyBack function, funds received to the vendor`s account are put on hold until the established MoneyBack timeline is over.
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