summary: Bezop (BEZ) is a decentralized peer-to-peer e-commerce order management and processing system, an autonomous buyer-seller...
content: Bezop (BEZ) is a decentralized peer-to-peer e-commerce order management and processing system, an autonomous buyer-seller protection service, and a simple value-added tax (VAT) collection system - all powered by smart contracts and built on a decentralized blockchain network. Overview Bezop is a complete solution for running a successful e-commerce business online for new and experienced users. Anyone can sell their products and services and get paid in Bezop without any programming. The Bezop market runs on a blockchain with a native ERC20 protocol token (also called a “Bezop”), which miners earn on the ethereum blockchain by proof of work. Clients spend Bezops when purchasing goods and services in the Bezop DOM and in other integrated sites that offer services and accept payments in Bezops. Conversely, one can earn Bezops by selling goods and services and/or by simply receiving Bezops via a wallet-to-wallet transfer. In the future, a Bezop Network will emerge where miners compete to mine blocks with sizable rewards. Before then, Bezop mining power will be proportional to active orders on the network, which means that the value of Bezop mining will not be limited to maintaining blockchain consensus. This creates a powerful incentive for miners to fulfill as many orders as they can. The ERC-20 protocol weaves these amassed resources into a self-healing blockchain network that anybody in the world can rely on. Strong buyer protection techniques built-in smart contracts re-inforces the robustness of the network. Orders are encrypted end-to-end through the protocol’s secure order management portal. Miners do not have access to decryption keys. Bezop works as an incentive layer on top of blockchain and computes a proof-of-order for any transaction, which makes Bezop particularly effective for decentralizing payments, building and running distributed e-commerce portals, and implementing smart contracts. BEZ Business Model Business model Bezop provides an open-source web software system where merchants can sell their goods and services. Additionally, Bezop provides a network that processes cryptographic tokens. These tokens are the accepted form of Payment (Bezop coin). Bezop’s smart contracts will autonomously manage the order’s state. In the event of a dispute, a smart contract can assign a human agent to make the final decision. Bezop charges a 1.4% processing fee from merchants. Of that, 1% will be used to maintain the services, support marketing, and cover payrolls. Bezop is an enormously powerful and transparent global infrastructure that can move value around while simultaneously representing the ownership of property. BEZ Token The Bezop token will be an Ethereum-based token of value. The token is a digital asset, bearing value by itself based on its underlying assets, properties, and/or associated rights. Ethereum-based tokens rely on a well-established Ethereum infrastructure, benefiting from several advantages: Security and predictability (as opposed to, for example, having to run an independent blockchain network). Use of robust and well-supported clients (Ethereum-based tokens can be managed with official Ethereum clients). High liquidity (interchangeable with other Ethereum-based tokens or Ether), easier listing on exchanges with infrastructure already in place.