goryakon
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October 13, 2017, 07:36:40 PM |
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Registration of digital products and services (DPS) for sale is done with the help of our website bcshop.io. To do this a vendor needs to provide their Vendor Contract and fill in a few blank fields describing the DPS (see Creating a DPS offer). As a result of the registration the seller gets the address of registered DPS smart contract (further DPS contract) which buyers will use for payments. After registration DPS data is deployed on blockchain and DPS is ready for purchase. An unlimited number of DPS can be registered with one Vendor Contract.
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goryakon
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October 13, 2017, 08:04:43 PM |
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A buyer pays for DPS by transferring the necessary amount of ETH to the DPS contract. Received payment is processed according to the contract conditions. If the payment amount is correct, the DPS is not sold out, and other checks are successful, the payment is then divided into two parts: 1.Profit – is deposited to the vendor`s wallet that is connected to the Vendor Contract. 2.Transaction fee–is deposited to a smart contract for commission aggregation. See BCS Token and Business Model for more information about commission aggregation and distribution.
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goryakon
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October 13, 2017, 08:16:24 PM |
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A vendor can use the website for tracking basic information about products and for monitoring the course of the sales. The following features are available through the website: 1.Output of the information about the products connected to the Vendor Contract. 2.Review of data on every product. 3.Editing product data (price, quantity, sale period, etc.) 4.Removing products from sale.
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goryakon
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October 13, 2017, 08:30:46 PM |
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If a vendor performs delivery, they choose a delivery method by themselves and deliver paid product to the delivery address entered during the payment. In case of automated delivery, payments are tracked with the help of BCShopApp application running on vendors end. The application keeps record and performs delivery of the product in accordance with a set algorithm. See chapter BCShopApp for more details.
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goryakon
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October 13, 2017, 08:46:57 PM |
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BCShopApp, the application for delivering DPS (digital product or service) , tracks activity of public key relevant to this DPS and processes incoming payments automatically. Processing usually comes down to sending a letter with the product code or some other action relevant to providing DPS from the vendor`s side (for example, transferring game currency). Processed payments are accordingly marked by using smart contract. All the data related to DPS sale terms is also stored on blockchain.
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goryakon
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October 13, 2017, 08:58:18 PM |
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Avendor does not need to have a database or any other centralized server for transactions record. In fact, anyone can be vendor without participation of an additional intermediary of any kind, one only needs their home computer to do that.
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goryakon
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October 13, 2017, 09:08:09 PM |
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BCShopApp is personalized for every vendor by implementation of a few functions corresponding to the specifics of the vendor`s work field
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goryakon
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October 13, 2017, 09:28:28 PM |
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Additionally, BCShopApp can send invoices with the name of the vendor and product, purchase date, and paid amount to the user. For users` convenience the delivery application can also generate various sales reports with an option of sending themto the provided e-mail.
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goryakon
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October 13, 2017, 09:51:01 PM |
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In the simplest cases, when selling through BCShop.io is the only sale method, all the data concerning products including payment and delivery is stored on blockchain. In more common cases, when a vendor needs to set the interaction between sales on BCShop with their own sales channels and data, interaction with a standard set of external functions takes place. These functions implement features necessary for the vendor, as well as administer support of the smart contract state relevance. We provide the implementation of such functions according to vendors’ needs. The implementation of the functions may be as well done by vendors themselves.
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goryakon
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October 13, 2017, 10:06:31 PM |
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Use of automated MoneyBack function allows an increase in BCShop.io users`confidence in performing transactions.
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goryakon
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October 13, 2017, 10:16:53 PM |
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To get the funds back, a buyer just needs to call the contract MoneyBack function within the stated timeline or use the corresponding option on our website. To guarantee the MoneyBack function, funds received to the vendor`s account are put on hold until the established MoneyBack timeline is over.
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goryakon
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October 13, 2017, 10:31:01 PM |
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All actions connected to MoneyBack, excluding flow of payment funds, are defined by a vendor and the work field. For example: •A webinar which allows a participant to use MoneyBack and leave the webinar within first 10 minutes. • Periodic information services subscription, which allows a subscriber to use MoneyBack and decline further use of the subscription within a certain period after it started.
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goryakon
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October 13, 2017, 10:43:07 PM |
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DPS that require verification (for example tickets to live events) can be sent to the e-mail as a QR code, which can be verified at the entrance with the help of a smartphone and our verifying app.
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goryakon
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October 13, 2017, 10:57:53 PM |
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Every purchase is recorded in the product smart contract, which automatically creates a positive product rating. In the case of the vendor`s poor performance or if there is a complaint about the product, a buyer is able to change positive feedback for negative and tell future customers about their negative experience.
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goryakon
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October 13, 2017, 11:11:42 PM |
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Rating system is established at the smart contracts level and it is based on the experience of real customers only.
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goryakon
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October 13, 2017, 11:27:39 PM |
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For extra protection against dishonest vendors, the rating system considers the price which the product was purchased for. That makes it impossible to drive up the ratings by offering a very low price and then start to sell the product for a high price; as the first negative rating will overpower all the positive ratings.
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goryakon
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October 13, 2017, 11:41:52 PM |
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For extra protection against dishonest vendors, the rating system considers the price which the product was purchased for. That makes it impossible to drive up the ratings by offering a very low price and then start to sell the product for a high price; as the first negative rating will overpower all the positive ratings.
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maximum26
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October 13, 2017, 11:52:31 PM |
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airdrop end?
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goryakon
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October 14, 2017, 12:29:16 AM |
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airdrop end?
Next Airdrop coming later this month .
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goryakon
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October 14, 2017, 12:40:26 AM |
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We constantly monitor technological development and consider the possibility of integration with other blockchains supporting smart contracts, which offer enough opportunities to implement BCShop.io functionality.
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