Bringing cryptocurrency news and innovation to your Door step: INDEPT REVIEW OF THE PLAZA PLATFORM

The plaza system is a robust cryptocurrency platform revolutionalises the ecommerce industry creating an enably environment and a market place for online shopping of individual and cooperate bodies goods and service within a the plaza system secure ecosystem .

The plaza is the first and only ecommerce industry that uses the blockchain technology and the information communication technology to bring traders of fiat currency users and cryptocurrency users to shop and transact business in a single platform for the purpose of having mutual understanding when buying and selling product on the plaza system platform

WHY WAS THE PLAZA SYSTEM CREATED?

The ecommerce is an industry where individual or group of individual can shop online and the goods or product is deliver to the doorstep of such individual or group of individual. The ecommerce industry is growing with help of the internet of things and there are predictions and projection of the high demand of the product which the ecommerce industry offer and also because of these great opportunity ecommerce industry offer, the whole global e- commerce market has recorded the sum of 2.29 trillion dollar by 2017 and this was estimated and project to be or exceed 4 trillion dollar by 2020. The companies taking the lead at the moment are the Alibaba, Amazon, EBay, etc

The plaza system after much studies on the ecommerce industry discover that there are challenges that might result to decrease in traffic generate in the industry and also in the future. Some of the challenges are the reason why the plaza system was develop

The high cost of transactions

Lot of people who are involve the ecommerce are fade up with the high transactions charges they incur while making use of the most of the ecommerce platform. These platform are built on a centralized system which require the operation of third party as a middle man in other to achieve successful transaction with ecommerce ecosystem of the existing platform . These extra charges users are charge discourage many from participating the ecommerce industry.

The misuse of customer privacy

Recent statistics of cybercrimes activities are increasing every day. When these hackers hack venerable ecommerce industry they then to use the identity or the privacy of an individual to for more dangerous activities unknown to the rightful owners of the identity. This is a big challenge that need to address.

Lack of Data infrastructure and maintenance

As the ecommerce grows, there is also data generated leading to big data which is cumbersome for many ecommerce companies to handle. Hence the cost of maintaining the server for these data is very high and also the data warehousing is tedious to maintain. The cost of making awareness of a product on the ecommerce is very expensive for upcoming ecommerce companies

Challenges in using cryptocurrecny as means of payment

The innovations of the cryptocurrrency is yet to be adopted and many are face with the challenges of how the cryptocurrency works and how they can use it fot their daily shopping on the ecommerce industry .

These are many more why the plaza system was built and also to provide a lasting solutions to the present predicament in the ecommerce industry

HOW DOES THE PLAZA SYSTEM CREATE A SOLUTION

The plaza system create a system called the freedom life style, a market place where you are free to buy and sell anything you want within the define plaza ecosystem . Plaza system is offering a quality and most rewarding freedom of life style to the users of the plaza system platform.

The plaza system uses the blockchain technology to grant every users joy and liberty to shop anywhere within the global community.

The plaza system hide all kinds of complications of interacting with the blockchain protocols and cryptocurrency payments. The plaza system platform create a plaza card so that every customer can be able to spend their plaza dollar in their everyday real time transactions.

The plaza system introduce an alternative industry called the bcommerce

The bcommerce is the combination of the freedom lifestyle and and the merchant chain . The bcommerce is highly secure, fast and scalable in all areas of shopping which gives rooms to peer to peer communication to real time sellers and buyer. The technology the plaza system uses is called the Plaza Concierge. Through the plaza freedom life style the high cost of transactions on the ecommerce are reduce an also the need for third party to maintain data infrastructure is eliminated from the ecommerce and also high level security measures to protect users of the platform from cybercrimes by building a security surveillance around every users of the plaza system account

Keys features of the plaza system

Loyal reward

The plaza system offers loyalty programs for every users of the plaza system platform. This reward is automatic and does not the need much task to perform by the users.

Fast speed

The plaza system have the ability to process more than 15,000 +tps within a space of three seconds. This is the fastest and secure transaction ever in the history of cryptocurrency.

TECHNOLOGIES OF THE PLATFORM

PAYMENT PROCESSING LAYER-.. The debit card transactions will be carried out through the standard card processing network when a purchase is made.

COMMUNICATION BLOCKCHAIN LAYER-.. All the communication between the participants are encrypted and distributed across the plaza protocol nodes.

MERCHANTCHAIN LAYER-.. This is an internal proof of work and low power blockchain developed in house.

PLAZA CORE LAYER-.. A public smart contract layer that provides a trusted conflict free environment and open source implementation of the plaza token ecosystem.

ETHEREUM BLOCKCHAIN LAYER-.. This is how the plaza ecosystem interacts with outside world through third party exchange.

Tokenomy

The plaza token is a utility token that is built on the ethereum smart contract which is use for the smooth running of the daily activities of the plaza ecosystem.

Symbol: PLAZA
Platform: Ethereum
Token Standard: ERC-20
Token Supply: 960 million
Hard Cap: 100, 000 ETH
Price: 1 ETH=5,000 PLAZA
Accepted Payment: ETH
Country of Registration: Singapore
Restricted Countries: China, the USA

TOKEN DISTRIBUTION