Bazista : E-commerce Democratization

MISSION

Problem

Growing penetration of financial services around the globe, control over the financial streams is still concentrated in the hands of the few, while over 2,5 billion people globally are still unbanked and excluded from global financial processes.

Decentralized money was created as an alternative to classic financial instruments and appeared to be a great answer to modern limitations. But the initial idea didn’t quite achieve it’s potential, becoming the object of extreme speculation instead.

In fact only 3 out of 500 top online retailers accept digital assets as payment method, while exchange speculations still account for over 95% of all digital assets operations.

Solution

Bazista will provide the channels to direct decentralized money into the real-economy sector. Interconnection of various blockchain solutions is the key to the real democratization of financial and commercial services. People who were excluded from traditional banking services will be part of a new global economy.

Growing penetration of smartphones, unlimited access to information means it is inevitable that decentralized money and other blockchain solutions will become new financial mainstream! Bazista will lead this revolution.

Market

E-commerce is one of the fastest-growing technological markets in the world. Such quick growth is primarily due to rapid global extensive use of broadband (fixed and mobile) access to the internet.

Today we can see annual growth of a share of e-commerce throughout the world. According to eMarketer, in 2017, the total amount spent on online shopping will increase to $2,290 billion, and by 2021, it will stand at 16% of the total of world retail trade.

According to experts, China is expected to continue to hold leading positions as a driving force of the world e-commerce market (26% per annum), in particular, due to export online retail trading. Other developing countries, such as India (24%), South Korea and Indonesia (over 20%), are expected to show high rates of growth. Demography and rapid, extensive use of mobile internet are key factors of growth in these regions.

According to analytics, the following are TOP10 countries for the number of (fixed and mobile) internet usage:

China — 710 million users,

India — 350 million users,

The USA — 277 million users,

Japan — 110 million users,

Brazil — 110 million users,

Russia — 84 million users,

Germany — 72 million users,

Indonesia — 71 million users,

Nigeria — 71 million users,

México — 59 million users.

Considering the statistics-mentioned above, a team of trading platform developers focuses on bringing in new business from countries in SouthEast Asia, BRICS countries, and the EU. An increased focus on platform users on the Eurasian continent will allow reducing logistic expenses and customer delivery time.

Challenge

Cryptocurrency

We have recently witnessed a stable and quick market growth of cryptocurrencies, with a more than 10-fold capitalisation increase for the last year ($11 billion 08/16 < $114 billion 08/17 according to coinmarketcap.com). Nevertheless, as of today the best part of turnover and cryptocurrency exchange between users is of investment or speculative nature. Currently, only three e-shops approve bitcoins for payment from among TOP 500 e-shops traced by internet Retailer, to say nothing of altcoins. Underdeveloped infrastructure prevents a cryptocurrency rate from increasing, which hinders development of exchange transactions. This results in slow involvement of more users and poor development of new markets, and difficulties in using cryptocurrencies as a universal payment instrument.

When a payment instrument cannot be used it becomes of no interest any more, and as cryptocurrencies are often not connected with physical assets, their liquidity depends much on whether they can be used in the real financial industry.

E-Commerce

Selling goods and services through the internet have many points in its favour compared with offline shops. Fixed expenses associated with leasing and purchase of premises, personnel as well as utility and management expenses are lower. It means that e-commerce organisation requires no substantial investments as opposed to offline business.

At the first sight, the situation is good all the way round, but apart from advantages, major disadvantages are inherent in this stage of e-commerce development. The global nature of extensive use of the internet suggests exchange and trading of goods and services for citizens from differentcountries so the payment conditions and the amount of commissions substantially vary. Political relationship between countries, a multi-level payment control by local and international banks place certain restrictions on payment options and terms thus resulting in an increase in the final cost of goods and services purchased.

According to the report by International Post Corporation, 65% of all retail purchases made online are those on Ebay Alibaba and Amazon. By taking into account all taxes (depending on the region, they include different amounts, so we tried to refer to minimum values to this effect) and hidden commissions (including losses on currency conversion when making international payments, commissions for the stowing of goods and account service), a seller receives only around 83% of the cost of its goods. Furthermore, in many regions which account for a substantial share of online shopping (China, the USA, the EU, and Russia) additional duties are charged when paying for highpriced goods, and the time frame for checking payments often result in a marked increase in time delay when transactions are made.

We offer a new solution in the e-commerce market to introduce a new type of relations between cryptocurrency users around the globe.

Bazista

Bazista is an exchange platform for B2C and C2C that uses new technologies of settlement of transactions between users. Our service enables a user to easily exchange necessary goods and services for cryptocurrency by interacting with other platform users. Bazista will comprise all strengths of some market giants like eBay, Amazon and Alibaba (rating system, payment depositing, delivery tracking, and transaction arbitration) and bring this business segment to a new technology level owing to using up-to-date exchange instruments

Bazista is a competitor to the exclusive decentralised platform for trading, C2C OpenBazaar. The difference includes the smooth development of the platform that boasts a userfriendly interface aimed to simplify, to a certain possible extent , the process of exchange of goods and services by using product promotion technology through other platform users.

Our web interface is adapted to any operating systems and will enable users to post advertisements and buy goods in just a few clicks. The Bazista platform is here to help you post your ad using your mobile device by taking a few pictures of the goods or service offered.

We pay close attention to safety of any transactions made with the use of the platform. To achieve these goals, we use a complex user rating system. It is internal tokens system that will be crucial to the formation of that system. By showing their loyalty to the platform users will get additional advantages (discount on goods, access to unique offers and commission-free transactions).

Registration

To ensure that a user can make use of all features of the Bazista platform they must sign in and obtain verification. It is necessary to make the platform operation safe and easy. But you still can use the platform and view the goods or services you are interested in without having to sign in first or taking othersimilar actions. If you decide to buy something on the platform, you will just have to choose the goods or service you are interested in and click the “Buy” button. After clicking the “Buy” button you will be prompted to enter contact details (full name, email, phone, and delivery address) and acknowledge the user agreement. Once this simple procedure is completed, the system will automatically create your member area on the platform (based on the information you have entered) and send you an email containing further instructions.

HOW BAZISTA WORKS ?

Bazista is AN exchange platform for B2C and C2C that uses new technologies of settlement of transactions between users. Our service permits a user to simply exchange necessary merchandise and services for cryptocurrency by interacting with alternative platform users. Bazista can comprise all strengths of some market giants like eBay, Amazon and Alibaba (rating system, payment depositing, delivery following, and dealing arbitration) and convey this business phase to a replacement technology level as a result of victimisation up-to-date exchange instruments.

Bazista could be a rival to the exclusive localized platform for mercantilism, C2C OpenBazaar. The distinction includes the graceful development of the platform that boasts a userfriendly interface aimed to modify, to a definite doable extent , the method of exchange of products and services by victimisation product promotion technology through alternative platform users. Our internet interface is customized to any operative systems and can modify users to post advertisements and get merchandise in only some clicks. The Bazista platform is here to assist you post your ad victimisation your mobile device by taking some photos of the products or service offered. we tend to pay shut attention to safety of any transactions created with the employment of the platform. to attain these goals, we tend to use a fancy user classification system. it’s internal tokens system that may be crucial to the formation of that system. By showing their loyalty to the platform users can get further blessings (discount on merchandise, access to distinctive offers and commission-free transactions).

ADVANTAGES BAZISTA

Fees up to 0% quality

Save up to 13% of commission costs against that of key players in the C2C and B2C market

Partnership

Sell products of other users and earn coins together!

Digital assets

Payment for goods and services will be accepted in more than 5 digital assets.

Reliability

Transaction support at each stage.

Bazista Tokens

Bazista token which is going to have its short name Bazi will be available for BTC and ETH purchase. The exchange rate is the following: for 1ETH its 11.000 BZS. The amount of BZS tokens is 440 000 000 and it is part by part distributed for the improvement and development of Bazista projects. 73% tokens is for funds securement and product development, as well as international expansion. 15% tokens are going to be held by the founders and the team that makes an effort for the project realization. 4% tokens are going to be used for advertisement, 3% is for the first investors. Bazista is going to give 45% bonuses for pre-ICO and the other tokens that will not find their owners will be added to the main stage of crowd sale. The most important pre-ICO stage starts at 12:00 November 16th and finishes at 12:00 21st November. So this period will last only five days, make sure to get everything you want.

For More Information

Website : https://bazista.io

Whitepaper : https://bazista.io/whitepaper_en.pdf

Facebook : https://www.facebook.com/bazistaplatform

Twitter : https://twitter.com/Bazista_io

Telegram : https://t.me/joinchat/CZqsskNjLRpXlSyBwMswVw

My Profile Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=1299271