Would it be like Shopify but for blockchain projects?
Yes, in some moments. And more flexible.
Would it be possible to white label the product and earn in other brands?
Our blockchain-based solution will fulfill the following tasks:
• Reduce the overall impact of fraud
Problem: Up to 8% of the revenues had been lost due to fraud last year*.
Solution: Blockchains can completely eliminate types of fraud such as chargeback fraud and card-not-present fraud and reduce the impact of other types.
• Improve the efficiency of the current processing system
Problem: In last year, almost 40% of all transaction attempts were fraud*. Solution: Eliminating card-not-present fraud will reduce the instances of attempted fraud in transactions.
• Reduce operational expenses for fraud management
Problem: In last year, a typical e-commerce spent nearly 5% of their revenue or nearly 25% of OpEX to Fraud Management*.
Solution: Eliminating card-not-present fraud and chargeback fraud will reduce the cost of Fraud management.
• Remove confidence issues
Problem: As soon as there is no chargeback by design, transferring money to someone you can’t trust can make you feel apprehensive.
Solution: All deals are processed by smart contracts, so fair refunds are still an option.
• Reduce the CAPEX for blockchain integration
Problem: A blockchain and smart contracts developing integration needs a lot of funds and efforts
Solution: A set of secure smart contracts and blockchain integration modules will be developed and ready to use via external APIs.
