eCommerce ecosystem on blockchain
in the multi-billion preowned and refurbished market.
Fast growth and real traction, reaching 20M USD sales within the 1st year.
Galaxy eSolutions’ vision is to fully integrate blockchain and evolve into a hybrid ecosystem with marketplace platform, so as to resolve the several pain points in the multi-billion preowned and refurbished electronics industry.
Decentralised marketplace allows highly transparent trade without the concern of trust issues.
Escrow payments made possible through the use of Smart Contracts that protects both sellers and buyers
On a decentralized platform, information and transaction records are safe from hacking and alteration.
Both transaction costs and time become more efficient comparing to traditional practices. The focus can be put on the business not documents handling.
Smart Contracts allows direct transactions without any trust concerns that reduce the need on middle man services.
Smaller business can join easier into the ecosystems with less barriers and more direct reach to the market. It drives a fairer environment.
On a decentralized platform, all user accounts are independent; if one account is hacked, this won’t breach the security of.
All devices or goods will be recorded into the decentralised database down to individual unit level and allow immediate tracking and tracing of history including any quality report.
Most deals cannot be completed because of an issue: Trust/ GES Platform makes trust not an issue anymore so achieve transaction time & costs effective.
The Ecosystem consists of multiple functions and various service providers can participate easily with lower barriers and wider reach. Services including:
All the devices on the platform will have its full specification, repair / refurbish history and footprints as a set of important reference information in each transaction.
Cryptro connects banks, payment providers, digital asset exchanges and corporates via Cryptro to provide one.
