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Vaping and Blockchain = eLYQD

Discussion in 'Services Offered' started by mnixxo, Aug 10, 2018.

  1. mnixxo

    mnixxo New Member

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    eLYQD (https://elyqd.world)

    eLYQD is a decentralized ethereum based ecosystem marketplace that will be the framework for the entire vaping industry. One of the main features of eLYQD is the use of blockchain technology, which allows making the platform transparent, open and as safe as possible for both transaction parties, reduction of transaction and business costs, and simplifying of the purchase process.

    eLYQD is a platform designed to allow vaping industry manufacturers to create an online store that will make good use of the most advanced technologies in the e-commerce field, and providing the vaping community the freedom of choice and the option to pay for products with LYQD tokens, fiat or cryptocurrencies.

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    THE ELYQD VISION

    The eLYQD marketplace will increase the efficacy of all business interactions by freeing them from all kinds of middlemen and making those interactions immediate, transparent, secure and mutually beneficial. This vision will be achieved by creating a fast blockchain-based decentralized ecosystem and organizing user interactions on the peer-to-peer basis. The eLYQD ecosystem will be used by mass consumers and product manufacturers, from all around the world.

    eLYQD invites you to join the eLYQD ICO AMA session with the co-founders Tabyna and Adnan sharing the prospects and future of eLYQD. Kindly fill the pre-registration form for the event. More info on eLYQD social media.

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    Global Problems & eLYQD Solutions

    PROBLEMS
    Full product range — either expensive or not available

    SOLUTION
    Consumers have access to brands from all over the world 24 hours a day, 365 days a year, wherever they are.

    PROBLEMS
    Cross-border payments for vaping products

    SOLUTION
    LYQD tokens allow users to send and receive payment globally in minutes, eliminating the risk of nonpayment and costing a tiny fraction of the total eLYQD blockchain will facilitate immediate fund transfer into escrow accounts. All constituents can manage escrow accounts through smart contracts.

    PROBLEMS
    Payment Verification or denial

    SOLUTION
    The eLYQD recordkeeping app will allow for simplified electronic record creation and store this data on a decentralized anonymized network that is significantly harder to hack and leak.

    PROBLEMS
    Record keeping and security

    SOLUTION
    The eLYQD system will eliminate points of potential breakdown. eLYQD smart contracts will (a) ensure that transitions occur smoothly and (b) keep immutable records of actions taken by all constituents.

    PROBLEMS
    Fraud

    SOLUTION
    eLYQD requires proof-of-order, time/location stamping of the actual transaction, and undisputed hash records of all steps executed, from order, billing to shipping.

    PROBLEMS
    Reputation

    SOLUTION
    The eLYQD network will record all transactions, positive actions improve a user’s reputation. The risk of a negative review motivates all parties to remain honest. eLYQD's blockchain-based decentralized network will provide a platform for the next generation of peer-to-peer (P2P) apps to support and record all constituent interactions in the value chain, with proof of completion and compliance at each step.

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  2. KingPin!

    KingPin! In my defence, I was left unsupervised ^^ Staff Member Senior Moderator VU Donator Platinum Contributor Member For 1 Year VU Challenge Team Reviewer

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    Interesting concept...good luck with ICO

    Moved to classified services offered
     

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