MILLIODS takes advantage of the Blockchain Technology to disrupt the eCommerce Model of business by ensuring an online purchaser can inspect goods upon delivery; thereafter, pay for the goods or return them to the vendor. In addition, the unpaid vendor is equally protected using the Lien Model of transaction that allows the vendor to hold MID Tokens. The first and only decentralised eCommerce Platform that will provide the users with the opportunity to purchase products from whatever zones of the world without fear of being duped by the vendor or purchaser.
The MILLIODS Ecosystem will be based on Ethereum Blockchain Technology’s ERC20.
Considering that, the important question is whether the MILLIODS Ecosystem is worth the use of
Blockchain Technology, and that drives us to what the MILLIODS Ecosystem will be all about:
The Project is about easing up Local or International Transactions that entail purchasing of products
Milliods Ecosystem is suitable for small scale transaction, at least for the start. The viability of this
venture can be best noted when analysing how other Supply Chain business entities are observing it. However, while it is focused on large scale, it is also
focusing on a different market as it is Business-to-Business (B2B) while the Milliods Ecosystem is
open to B2B and, mainly, Business-to-Customer (B2C), which happens to be
more of Peer-to-Peer (P2P) transaction.