VANIG IO BLOCKCHAIN E-COMMERCE SHOPPING
A majority of online business lack the provision for tracking ordered shipments.
In some case, the delivered goods are slightly different to the ordered goods.
Due to the absence of a competent inventory management mechanism, consumers end up disappointed when they favorite products run out of stock before they acquire them.
On the other hand, merchants may either overstock or understock a particular item.
While most e-commerce sites are universally accessible, the problem lies in complying with the greatly varying shipping and taxation regulations in different countries.
In other hand, some malicious online businesses often publish fake reviews in a bid to drive more sales of their products and services.
Vanig will leverage blockchain technology to bring an end to issues plaguing the supply chain. Consequently, the supply chain will realize its full potential.
Check this article to get closer to Vanig!
ABOUT VANIG
Vanig is the world’s pioneering blockchain-based integrated e-commerce and supply chain ecosystem.
The main objective of this project is to streamline the supply chain so that it is in alignment with the fast-growing e-commerce industry.
Vanig proposes the use of distributed ledger technology to combat the issues inhibiting the smooth operability of the supply chain.
In addition to this, e-commerce system will provide high-quality, affordable and timely products and services to the consumer.
Vanig aim is to create a platform that changes the way e-commerce works.
From manufacturer to consumers, Vanig applies the power of the blockchain to make shopping an amazing experience for everyone involved.
Vanig is providing track and trace, effective recalls, eliminating middleman with supply chain and with e-commerce we are having lower fees, instant financial transaction, crypto payments and an AI powered easy to use website.
VANIG: PROBLEMS TO SOLVE
1. Non-Transparency
Currently, participants in the supply chain do not have access to all stages of a transaction.
As a result, this data is vulnerable to manipulation.
2. Intermediation
As of now, intermediaries act as the link between the two ends of the supply chain; the merchant and the consumer.
Also, these middlemen are the custodians of trust.
The bottom line is, the intermediaries charge excessive fees that eat into the gross profits of merchants.
3. Static Inventory Management
The existing infrastructure cannot handle the voluminous supply chain data.
This shortcoming often leaves inventory stagnate, and they become obsolete over time.
To avoid such a situation, companies have to resort to the expensive upgrading of database infrastructure.
4. Ineffective Tracking Of Orders
Presently, the order tacking systems is significantly ineffective.
This is particularly highlighted during recalls, as clients have to wait for long periods before a defective product is replaced.
VANIG FEATURES
Vanig is a e-commerce platform which aims to use blockchain to address the key issues of the industry.
It has several features according to the mision. The features are:
Blockchain-powered ecosystem allows every stakeholder in the supply chain to gain access to direct peer-to-peer communication.
All data is distributed symmetrically, which allows for a shorter recall process.
Smart contracts ensure the security of transactions between supply chain participants.
Vanig offers access to external feeds from sensors, data oracles and other trackers via their APIs, which allows for real time tracking
The platform stores accessible information on defective and fraudulent products
Vanig operates one-click product listings from various e-commerce stores, enabling a CSV file bulk upload, API connection and automatic retrievel/upload of products.
VANIG TOKEN ICO
The Vanig project will issue Vanig tokens in exchange for money to funds its ambitious mission.
The Vanig coin is an ERC20 complaint utility token based on Ethereum blockchain.
The detail of VANIG token is as folloow:
General Info
Category: computing, e-commerce
Country: -
Website: Visit
Whitepaper: Read
Bounty: Join
Telegram: Chat
Twitter: Follow
Facebook: Like
Token Info
Token: VANIG Platform: Ethereum
Type: ERC20
Price in ICO: 1 VANIG = 0.25 USD
Total amount of tokens: 250,000,000
Tokens for sale: 150,000,000
Investment Info
Accepting: ETH, BTC, LTC, USD
Distributed in ICO: 60%
Token sale start: 4 June 2018
Token sale end: 7 August 2018
Min. Investment: 0.1 ETH
Soft Cap: 2 Million USD
Hard Cap: 20 Million USD
MILESTONE
MAR 2017
Vanig concept is born
MAY 2017
Core team was formed, Business process and Technology solution framework created
JUN 2017
E-commerce Development kicked off
DEC 2017
Build Smart Contract and Blockchain components
FEB 2018
Integration between e-commerce and Blockchain
JUN 2018
VANIG Token Generation Event
SEP 2018
Launch e-commerce Alpha Version ecosystem - Open up registration for Vanig team & community
DEC 2018
Mobile App Launch and On-board up to 1000 Supply Chain Asia Manufacturers/Sellers to Ecosystem
MAR 2019
Pilot Vanig e-commerce to Asia - Philippines & Malaysia Consumers for Health, Home & Beauty Categories
JUN 2019
Expand categories to Apparels, Electronics & Toys; On-board 5000 Sellers to ecosystem
SEP 2019
Launch Vanig to Vietnam; Vanig 2.0 Product release
MAR 2020
Launch of Singapore 10,000 Sellers to Ecosystem
SEP 2020
HongKong Launch, Vanig 3.0 Product release
MAR 2021
Vanig Launch in Indonesia
SEP 2021
India Launch
MAR 2022
On-board 25,000 Sellers to Ecosystem
MAR 2024
On-board 100,000 Sellers followed by rest of world subsequent roll out's - US, UK, Germany, France, South Korea, Canada, Russia, Brazil & Japan
VANIG TEAM
The Vanig project team consists of individuals with years of experience in both the supply chain and online business.
Concerning software, the Vanig supply chain and e-commerce ecosystem is built using the Hyperledger Sawtooth blockchain framework.
It is further bolstered by the integration of AI and machine learning infrastructure.
Team Member
Board of Advisers
bitcointalk:https://bitcointalk.org/index.php?topic=3432540
whitepaper:https://vanig.io/latest-whitepaper
Telegram:https://t.me/VanigPlatform
facebook:https://facebook.com/vanigplatform
Username Bitcointalk: Tejo_surty
Eth Address: 0xF9BC056454948A5D645c86708243A9C7d9578334
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