Hi Team
At what points in the system is information encoded in the blockchain?
It is said that actions speak louder than words, and it is for this reason that we record human interactions with our
system as a way to reliably determine a user’s trustworthiness. Though it would be ideal to store every piece of data
in our blockchain, we know that merchants and marketplace operators deal with vast databases and it would be
impractical to import all of this information. Instead, we will ensure that data veracity through hashes and tracking of
user interactions.
How will u know the inventory is loaded?
Through the item details, merchants will know what is being listed, its price and availability. But, to feel comfortable
with listing someone else’s content, the marketplace operator would want to know:
- the item detail accurately matches the actual description of the goods;
- that those goods are in stock;
- that the merchant will drop-ship those items to their buyers and not try to circumvent the marketplace for future sales; and
- that they will do all this in a timely fashion.
To achieve that sort of comfort level, the marketplace operator needs to inspect the merchant’s reputation and trust
what they have said in their listing. By using appropriate data stored in the Arcadier blockchain, it can help achieve
this assurance. Shown below are some of key points of blockchain implementation
