with e-commerce, everyone can easily buy and sell for just about anything while staying at their comfort zones without moving an inch. Statistics and various researchers have propounded that the potential of the entire e-commerce sector will continue to have an ever increasing growth even in the future. The 2014 statistics have it that, the estimated global sales of e-commerce were recorded to be about 1.33 trillion US Dollar and this value is expected to increase to double this worth in 2020.
Unfortunately, virtually every new emerging technology do come with a price, the e-commerce is not exempted. with the advantages of efficiency, conveniences and ease of transaction offered by the e-commerce platform, the entire e-commerce sector is still faced with setbacks. E-commerce players and participants alike expects the entire process of online buying and selling to be perfectly easy, efficient, and safe.
The need for a more accessible payment gateway across the entire world leads to the emergence of an e-commerce decentralized payment platform called AIGO which is aim at developing a blockchain and crypto payment system to e-commerce. This emerging platform will leverage the various known potentials of the blockchain technology to provide a borderless payment system to the entire world.
However, E-commerce transaction operations comprises of complex processes that involve a lot of participants and players from many sectors: the banking system and payment processors system to name just few. In addition. These complications include lack of enough payment gateway that is available and accepted across the entire world bringing about one purchase shifting patterns, and demand for cross-border payment gateways.
Aigo is built as a blockchain technology based platform, it will leverage the decentralized nature of the blockchain technology and cryptocurrency to develop a large scalable payment system that will allow the direct use of cryptocurrency for transaction payments across various e-commerce platforms. Aigo platform will Fully transparent and will have handful beneficial advantages for all the players and participants of e-commerce. This new payment system will provide e-commerce players with large scale advantages, it will charge low or minimal fees from each participant thereby curbing the various charges involved through the use of centralized payment system.
The payment system being developed by aigo protocol will effectively carry out the various functions of a centralized company but operates in a decentralized manner. E-commerce players will be able to save a significant amount due to the elimination of intermediaries’ fees which then creates lower priced merchandize. Aigo will also leverage smartcontract technology to eliminate the need for the various intermediaries involved in the centralized payment system. The use of SmartContract will provide a credible solution to create a strong payment mechanism that is far more credible, efficient, flexible, cost-effective than the current implementation.
Unlike the current available payment gateways. AIGO is being designed after thorough evaluation of the problems the plagues the payment system as well as the entire e-commerce sector. It has been built with all the required capability and mechanism which provide an end to end solution with the intention of overcoming some of the payment problems that exist.
In addition, the blockchain technology and SmartContract adopted by AIGO will have the potential to increase the overall ecommerce economic efficiency,it will reduce fraudulent activities prevalent on most e-commerce platforms and minimize risk by eliminating the various companies that mediate the use of available credit card for online payments.
FINAL NOTE:
AIGO isn’t about providing just solutions to the existing e-commerce problems, it is built with added innovative improvements that will pave more adoption for both the e-commerce and the blockchain technology. among these features are a secure cryptocurrency wallet designed specially for storing the aigo token as well as other cryptocurrency, this will help curb away the rampant problem of scam cryptocurrency wallet plaguing the cryptocurrency sector.
AIGO will provide a credit card to the entire crypto community which can be used to withdraw cryptocurrency directly from ATM Machines without having to go through the rigorous process of first converting cryptocurrency to fiat currency. This will allow more utility and use of cryptocurrencies as the card can be used for bill payments.
AIGO TEAM MEMBERS
FOR MORE INFORMATION, VISIT :
Website ; https://aigopay.tech/
Twitter ; https://twitter.com/aigopay
Facebook ; https://web.facebook.com/aigopaymen
Telegram ; https://t.me/AIGO_Global
Instagram ; https://www.instagram.com/aigopay
WRITTER:
Btt Username : Etsu
Eth address : 0x2B250103aA1ee27dB6e2e03EDA585cCAC4a92ef7