Elementh, A New Answer For A More Secured Transaction.

Elementh is a blockchain that can be used in a large number of applications, such as tracking the movement of a particular item from its creation to the current owner, tracking original goods and detecting counterfeit goods. 

Few of the best things about Elementh are as follows:

#1 Elementh has its own DAPP or Decentralized Application

If you were a business owner and your supplies suddenly got low, isn't it a hassle to call a lot of numbers or go to different places to get the things you needed for your business? Isn't it too much time consumed to Call 5 other stores or companies for your suppluiies and sometimes you are on hold for 15 minutes for each call. Business is about how you spend your time wisely. With Elementh, you have the power to order the things you need in minutes. You can think of it as same as amazon that is just within your fingertips.

#2 Uses Blockchain

Elementh uses the blockchain technology which ensures that the system is safe and secure. Unlike Amazon who only accepts real money, with Elementh, you can also use cryptocurrency for payment. This opens up a whole new world for your businesses. A new type of money means a new source of income.

#3 Protection against Counterfeits

Your security is our priority. With Elementh, each goods is equipped with its own ID or Key so customers can check if the product they have is authentic. This is also beneficial to you and your customers so they can check for your product faster. If you ever bought a car or thinking of buying one, it works the same as a Stock# or VIN# of the vehicle.

#4 Secured payments

You can order product through DAPP which is on the platform. Payment made upon product arrival. You can make sure that the customers pay and your customers are also sure that your products would arrive. This is a win-win benefit for both you and your clients.

#5 Elementh has its own DAPP that can be developed.

Elementh has a unique built-in application in which you can do infinite things. It has its own development kit so you can use it for not only tracking payments or goods but also for making inventory of your store. You can make your own ticketing system and such. The more you use elementh, the more things you can do.

                              This is a short example of how Elementh works.

• Jack owns a small shoe store
• Wants to start selling online
• Enter Elementh!
• Set up store in minutes
• Stock balance synchronized through his existing accounting software
• Jack's inventory is now available on the Elementh network and to all its members.
• Steve, who was shopping for a pair of boots, saw that Jack's store carries them.
• Steve ordered the boots.
• The money for the purchase goes to a smart contract, where it is held until delivery is confirmed, at which point it enters Jack's account!

This would certainly change the e-commerce community. It would make a lot of easier transactions and less hassle on processing an order. This will ensure customers safety and ensure they pay up before getting the goods. This would also eliminate a lot of counterfeits and deceits which is happening a lot on businesses. This would be helpful not only to secure loyal customers but also to ensure that your business is safe.

For more info,  you can visit the forums and website of Elementh which can be found below.

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This blog is an entry for Elementh's Contest. 

All images are property of Elementh.

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