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Senin, 07 Juni 2021

Buyzooka is a fast payment platform





What is the Buyzooka about ?



Buyzooka is a FastCheck platform that connects shoppers to 1.5 million independent stores to date. It aims to provide local shops with the same technology tools as Amazon-like marketplaces to give them back power through untied and decentralized mutualization. Our platform functions as software that facilitates commercial processes for initiating and executing transactions over the internet. Independent traders display their own products while maintaining their identity. Then consumers scour Buyzooka’s search engine to find and buy products based on their desired preferences, discovering a huge diversity of independent brands and retailers. Hence, fashion apparel merchants will be found through Buyzooka’s independent network by searching for keywords such as Clothing, sneakers, bikinis, etc.
BUYZOOKA next features

Buyzooka aims to create more opportunities for the e-commerce industry.

Popular Governance with Token Acquisition

Mobile Experience

Loyalty Program Reward

Boost Local Shopping for CO2 Impact

Nomad Fast-Checkout

Voice Shopping

Interconnection with Major e-Commerce C.M.S
The problem




Every shopper is attracted to a site that have great pre-sale features, but no one is attracted by complicated site navigations, overwhelming options, irrelevant details, and stressful payment processes.


SLOW CHECKOUT

The checkout process of e-shop should only take few seconds. However, incorporating features that request shoppers to fill out the information on different pages or open new payment accounts tends to be strenuous and uninteresting. Even so, some platforms request shoppers to enter the same information repeatedly. And this, in turn, causes shoppers to lose interest. While slow checkouts are conversant with desktops, they are more conversant with mobile devices. A non-responsive e-shop is more difficult to use for checkout. Shoppers may be required to fill in both shipping and billing information. If they don’t fill in all the required details, they may be required to start the filling process again. Having to navigate the checkout process for minutes tend to cause shoppers to abandon their carts.


PAYMENT PROCESS
Research has revealed that 85% of retailers cite poor payment experiences as the key reason for loss of sales. Shoppers are usually picky about their payment method because of security reasons or personal references. Hence, those who do not find their preferred payment option tend to abandon the checkout process. A report revealed that consumers in Eastern Europe and specific Western European countries like Greece, Belgium, Germany, as well as Indian, Latin America, and Russia were likely to pick the retailer payment option as the most important part of the shopping process. To them, the payment option is more important than options for delivery or returns. While most people previously pay with credit cards, technological advancement has given rise to different financial developments. Younger shoppers now prefer to pay with Paypal or digital currencies.


INEFFECTIVE CYBERSECURITY
Ecommerce platforms have become treasure troves of personal and financial data for hackers. And for businesses, the cost of a breach (loss of data and customer trust) is usually damaging. In 2014, eBay was hacked. The personal information and passwords of registered users were exposed to hackers, thus leaving users susceptible to being victims of identity theft. Ineffective cybersecurity does not only ruin a business but can also make shoppers lose their financial accounts.
The solution


With the increasing volume of eCommerce, there is the need to provide a more reliable platform built on an unbundled, decentralized, fair and trusty model.

Buyzooka provides solutions to these problems by developing a nomad, merchant agnostic fast checkout platform that connects automatically 1.5 million sellers to date to potential customers (Holders).

Unlike general purpose shopping cart software that needs to be customized and maintained by developers, Buyzooka runs directly into the website HTML and requires no additional coding or development work of any kind from the retailer. It Streamlines automatically and off-site (Nomad) from sign-up to cart management and transaction process avoiding painfull check-out processes reducing cart abandonment through UX improvement.


UNBUNDLED SHOPPING PLATFORM

Reaching the right audience for a business can be very difficult for merchants and business owners. The introduction of the internet launched a means through which merchants can reach potential clients irrespective of the difference in location. However, established eCommerce platforms have proved to be unavailable to merchants due to factors within their control. Other challenges sellers and merchants face include accepting multiple currencies (including Crypto ) government regulations, tax laws, and even customer support. Hence, merchants need to determine the right eCommerce platform to reach potential clients worldwide without having to deal with the problems associated with conventional platforms. Buyzooka proves to be a significant advantage over other platforms by providing a nomad approach where shoppers and merchants can buy and sell goods without payment restrictions, checkout difficulties, and borderline/financial restrictions.


Why BUYZOOKA on blockchain?



ENHANCED SECURITY FOR EVERYONE
Blockchain technology makes it impossible for a token holder to create a counterfeit, double-spend a coin, or cancel a transaction once it’s complete. This protects the retailer against fraudulent transactions. Also, as the blockchain technology is decentralized, encrypted, and cross-checked, Buyzooka users can be sure that their data are strongly backed. By storing information across multiple computers, it is impossible for hackers to compromise data since they would have to breach most of the computers to falsify transactions.


QUICK PAYMENT PROCESS
Blockchain technology enhances a quick transaction process. Transactions are executed and confirmed within minutes. As blockchain technology serves as an underlay of the e-commerce platform, shoppers can make transactions and receive confirmation almost immediately. The Ethereum blockchain technology also aids in a more secured payment process through its smart contract features. The smart contract features of the Ethereum blockchain function as a self-executing program on the distributed ledger, which executes payments based on the if/when basis. In essence, the smart contract will only trigger automatic reflection of payment on the retailer’s account when the shopper verifies the delivery of the ordered goods. On the Buyzooka eCommerce platform, shoppers and merchants can engage in a safe transaction process without the need to create payment accounts or fill forms.


IMPROVED TRACKING SYSTEM
Blockchain technology influences the effectiveness of transactions and influences the exchange of useful information from the merchant to the shipper. Shoppers on Buyzooka can add all items in their decentralized cart and keep track of the items till they are delivered. Retailers on the platform can also leverage blockchain technology to track their inventory.


FAST CHECK OUT
According to hosting manual, over 50% of users leave a page when it takes longer than 2 minutes to load, and over 80% of those who leave never come back. By being built on the Ethereum blockchain or similar as a decentralized application, Buyzooka is changes the narrative of slow checkouts by developing a fast checkout process. Buyzooka uses this fast checkout process to enable users to shop items and pay in one click. As checkout abandonment has become a common practice amongst online shoppers due to factors like unexpected charges, complicated process, security concerns, payment methods, performance issues, forced account creation, Buyzooka aims to erase these factors by leveraging blockchain technology to cut charges, cut forced registration, optimize the site loading speed, erase insecurity and simplify the shopping process.


INITIAL DEX OFFERING

Buyzooka Initial Coin Offering involves a fundraising scheme through which funds will be generated to actualize the aims of developers and build the global decentralized eCommerce platform that changes how things are done in the space. During the Buyzooka’s ICO, anyone will be able to buy the $BZOO tokens irrespective of their location.

As Buyzooka is a global initiative, the ICO will be open to everyone. The $BZOO token will function as utility token as well as a governance token and Token-Curated registry. Holders will be able to use the $BZOO token to pay for goods, exchange the token currency on decentralized protocol exchange plateform when listed, and use the token to vote and to curate list. At the end of the ICO, and Although anyone can sign up on the Buyzooka platform, only users who participate in the Initial Coin Offering will have a free lifetime access to premium features.


Tokenomics


Total number of Tokens Created: 100.000.000,00
Initial supply: 40.000.000,00
Funding Target – 3.465.000,00 Euros

The Coin Offering will be divided into three stages:





Token distribution



ICO Funds Distribution





CONCLUSION

The second wave of commerce ushered in a highscale business model designed to meet the needs of an online global audience. While this development changed how people could access products, it brought along centralization. Centralized eCommerce platforms like Amazon exerted influence over users’ experience on the sites and ended up putting people under their autonomous control. Policies change without prior notice, high commissions are required, some payment methods are unavailable, some goods cannot be shipped to some countries, and the checkout processes are usually stressful. However, the introduction of blockchain and token-based business models has changed how things are done. Buyzooka builds a decentralized eCommerce structure that removes the problems initiated by the centralized platforms. By being built on blockchain technology, Buyzooka allows users, shoppers, and e-retailers to transact without the need for a middleman. Buyzooka erases the problem of cart abandonment by providing a better checkout process through the incorporation of the Nomad API AND ERP software, as well as a provision of the added features of the blockchain technology. As the internet was developed to promote decentralization, Buyzooka reflects that in its representation of its eCommerce platform.

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