Arumi crypto: Elementh Will Use Blockchain Technology

Author (Arumi.Bilqis)

Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=965668

My ETH Address: 0x78A118ED0556B119ccafe86089a292A048234E79

Elementh is Blockchain, which aims to solve the problems of the modern world of e-commerce. Elementh is a blockchain designed for the e-commerce sector. Elementh is the name of the Blockchain company that offers business solutions for e-commerce. Elementh's main idea is to offer Blockchain ownership lists and the ability to use smart contracts to sell them. This will allow companies to use Blockchain technology to improve their business.

The company also offers the ability to create multiple centralized and decentralized applications that will be developed by third parties and used by e-commerce companies. The goal of Elementh is to create an alternative Protocol for decentralized application development used by e-commerce, provide standardized quality nomenclature, guarantee ownership of certain products and the ability to create smart contracts specifically for e-commerce.

What about Blockchain?

Elementh will achieve it by creating Blockchain with the Turing-complete built-in programming language, enabling one to write intelligent decentralized apps and contracts, enabling the use of integrated products, e-commerce card transactions and proprietary transfers. Elementh will use Blockchain technology to manage the presence and list of goods and to ensure both users and sellers will work together.

Customers will be able to pay using smart contracts and can easily return the money if the product never succeeds (because Blockchain can track the product and verify if the product is shipped or not).

Elementh has a goods system, which can also be used in a large number of applications, such as tracking the movement of certain items from creation to the current owner of the original item, tracking and detecting counterfeit goods.

Goods system

Unlike the system token system, the goods also give the ability to expend certain products at a particular address, indicating all possible data items (such as name, manufacturer, barcode, etc.). And if the same item already exists in Blockchain, the Publisher will receive a message about it, and he will have the opportunity to show how the item will be issued. The items in the system are in one copy and if the goods with the same serial number are added to the system,

If an item has a serial number, you can specify when the transfer operation is performed. To provide protection against the forging of data, only the hash of the sequence number specified in the system, therefore the only person who knows the initial number that has the ability to perform a valid transaction. In the absence of a serial number at the time of the "problem" item, it will be generated randomly and the holder can use it to identify a particular item by printing QR code on its packaging, write RFID tags or easy to do.

Every action in the Elementh blockade is called a transaction. The simplest transaction is the transfer of value between the EEE account and determining the ownership of the goods. Transactions may include structured messages to recipients. An account can specify a script to handle messages when a message is received. Syncing messaging and smart scripts in the Elementh contract subsystem.

Internal EEE Currency Account Balance;

Information on ownership of goods to track goods, such as specifications, photos, EAN codes, serial numbers, etc., using the IPement Protocol Elementh. IPFS (the Inter Planetary File System) is an address of hypermedia, a peer-to-peer communication protocol. IPFS lets you create fully distributed apps.

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