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 Have you known a blockchain platform that helps for more effective ecommerce system? This is about it. Elementh is a specifically designed blockchain integration for e-commerce. It represents a comprehensive register of ownership of different goods with the capability to comprise smart contracts as well as to take advantage of nomenclature standard in order to generate centralized and decentralized e-commerce applications. What is more, Elementh has managed to take advantage of the most accomplished technological achievements for over the last few years in the blockchain field. As such, it aims to conveniently solve all the issues which are plotting the e-commerce field.
About the Project
The goal of the project is to create an alternative protocol for the overall development of applications which are decentralized and are used by the e-commerce ecosystem. This is going to provide a standard quality nomenclature and it is going to guarantee the ownership of different products as well as the ability to generate a special smart contract for the industry. In order to achieve this, Elementh is going to take advantage of a blockchain which will have a built-in Turing-complete language for programming. This is going to allow everyone to start writing different smart contracts as well as decentralized apps. Further on, along with the system of tokens, the project also has a system of goods. It is also capable of being used in a range of different applications. For instance, you can track the movement of an item from its very creation to its current owner. You can also track original goods and you can detect ones which are counterfeit. The system of goods is also going to allow you to issue a product at specific address and to indicate all of the information which is related to this product. If an item is given a serial number, it is going to be possible to specify it when you are performing the transfer operation. In order to protect the users from data forging, there is going to be only the hash of the serial number and it will be fixed in the system.
Now Its ICO Time
The first thing to consider is the official ICO has started on the 15th of January in 2018 and it will be going until the 14th of February, 2018. The tokens are ticked as EEE and they are following the ERC20 token standard. The total amount of tokens for sale is 217,500,000. At the time of the ICO, you would be able to purchase a token of EEE for 0.0001 ETH. There are bonuses available as well. From the 15th of Jan until the 1st of Feb, the bonus is 50% for the whitelisted users. Then, the bonus gradually starts to lower and it gets to 30% and to 15% respectively. The hard cap for the ICO is set to 1,500 ETH and you would be able to use ETH and BTC to make your transactions. If you have any other currency, you would have to exchange it beforehand.
 
Elementh(MMM)-The Review
Elementh is Blockchain, which aims to solve the problems of the modern world of e-commerce. Elementh is a blockchain designed for the e-commerce sector. Elementh is the name of the Blockchaincompany that offers solutions for e-commerce businesses. Elementh's main idea is to offer Blockchain ownership lists and the ability to use smart contracts to sell them. This will allow companies to use Blockchain technology to improve their business. The company also offers the ability to create several decentralized and centralized applications that will be developed by third parties and used by e-commerce companies. Elementh's goal is to create alternative protocols for decentralized application development used by e-commerce, provide the standard quality nomenclature, guarantee the ownership of certain products and the ability to create smart contracts specifically for e-commerce. Elementh will achieve it by creating Blockchain with the Turing-complete built-in programming language, enabling everyone to write smart contracts and decentralized apps, enabling the use of integrated product cards, e-commerce transactions and proprietary transfers. Elementh will use Blockchain technology to manage the presence and list of goods and to ensure that both users and sellers will work together. Customers will be able to pay using smart contracts and can easily return the money if the product never arrives (because Blockchain can track the product and verify if the product is shipped or not). Elementh has a goods system, which can also be used in a large number of applications, such as tracking the movement of certain goods from its creation to the current owner, tracing the original and detecting counterfeit goods.
System Goods
Unlike the token system, the goods system also provides the ability to extract certain products at a particular address, which shows all possible item data (such as name, manufacturer, barcode, etc.). And if an identical item is already in Blockchain, the publisher will receive a message about it, and he will have a chance to show how much he wants to release. The items in the system are in one copy and if the goods with the same serial number are added to the system, any dApp can notify buyers that the origin of the goods is unknown. If the ownership chain is from the manufacturer, the authenticity of the goods will be made throughout the network. Account is one of the basic objects in Elementh; This is used as the identity of network participants. Each account has:
EEE internal currency account balance
information on ownership of goods To store goods data, such as specifications, photos, EAN codes, serial numbers, and others, Elementh uses the IPFS protocol. IPFS (the Inter Planetary File System) is a hypermedia communication protocol addressable, peer-to-peer. IPFS lets you create a fully distributed app.
The Aim
to make the World Wide Web faster, safer, and more open. There are two types of applications built on ElementhThe first category is a financial application that gives users a good opportunity to manage and participate in contracts using cash, including buying and selling products and content online and offline, as well as tokens available in Elementh software.The second category is non-financial applications, such as identifying counterfeit goods or counterfeit goods in the supply chain, and others. ElementhBlockchain has its own built-in currency, elementh (EEE), which is used for all operations inside ElementhBlockchain, Tokens are checked as EEE and they follow the default token ERC20. The primary token sale of the Elementh platform will begin on April 1, 2018 at 00:00 UTC and will expire on April 30, 2018 at 23:59 UTC. 1 EEE will be equivalent to 0.0002 ETH. During ICO every token sale on the first day will attract 30% bonus Token, while day 2 will attract 15% bonus Token. The only currency to be received during the token sale is ET. One of the roadmaps of the platform is the launch of alpha ElementhBlockchain version in June 2018. Elementh is a blockchain intended for the e-commerce sector. This is a rundown of “merchandise proprietorship”, which can compose an exceptional smart contract and utilize terminology principles to rapidly make decentralized and centralized applications.
Elementh has absorbed the best achievements of recent years in the field of Blockchain, aiming at solving the problems of the modern world of e-commerce. Elementh is a Blockchain designed for the e-commerce sector. Elementh is the name of a Blockchain company which offers solutions for e-commerce business. The main idea of Elementh is to offer a Blockchain register of ownership of goods and the ability to use smart contracts to sell them. This will enable the company to use Blockchain technology to improve their businesses. The company also offers the ability to create several decentralized and centralized applications to be developed by third-parties and used by the e-commerce companies. Elementh’s goal is to create an alternative protocol for the development of decentralized applications used by e-commerce, providing a standard quality nomenclature, guaranteeing ownership of a particular product and the ability to create specialized smart contracts for e-commerce.
Ecommerce Problem
Originally, the American UPC system was developed, which carried 12 digits for the coding of goods and became so popular that European countries focused on it. However, the entire range of codes was already coded in the US and Canada, while the goods and companies were officially registered in the US. Developers of the European EAN-13 coding faced a serious challenge — adapting the codes and arranging self-registration for the USA system to ensure maximum compatibility with UPC coding. This primary code was created for automated merchandise produced by a large number of companies, so that the problem of internal content for regulation and standardization was very important. The same goods from different manufacturers had to have a different coding.Every action in the blockchain of Elementeh is called transaction. The simple nature of the transaction is the EEE token between the account and the ownership. The message of the combination of automated script in a subsystem element contract.
 
 
 
 
Reward for the block
Blockchain, which uses the Elementh software, is rewarded with a block maker each time the unit is created.
The system of tokens
To better know which system token is, imagine a database of an operation and a necessary implementation of a smart contract with the logic above.The goal of the Elementh platform is to create intelligent solutions for ecommerce, guaranteeing the ownership of a particular product (goods) by developing decentralized applications used by ecommerce using block chain technology. Elementh is a system that facilitates a wider range of solutions, starting with the design and development phase of any product, tracking the movements to the current owner at the same time, tracking the original (patented) products, and detecting duplicate (fake) merchandise. Elementh system; Using the intelligent contracts to hold a Blockchain record for the ownership of the goods at the same time, the goods system provides the possibility to broadcast a specific product which has a certain product showing the data (name, manufacturer, date, product information, barcode etc.) of any product.
If the block has the same products in the chain, the issuer receives messages via this system so that he can show how many products he wants to publish. if a serial number of a product exists, it can be specified in the transfer process. In order to protect against any data security, only the serial number in the system is fixed, but who knows only the first number against possible risks has the right to take action. When there is no serial number during publication of the products, the system facilitates the identification of the products by producing a random serial number and the manufacturer pressing the QR code on the package.
System of Goods
Alongside with the system tokens, elementh system of goods that can be used in a big number of applications, tracking the movement of a particular item creating detecting counterfeit goods.
Transactions and messages
Any action in the Elementhblockchain is called transaction. The easy way of transaction is the EEE token between account and define ownership goods. The message of combination of automated script in a subsystem elementh contract.
Reward for the Block
Blockchain which uses Elementh software will be awarded with a block manufacturer any time the unit is created.
The System of Tokens
In order to better know what system token is, imagine a database with one operation and a necessary to implementation of a smart contract with above logic.
 
The Conclusion
The Elementh protocol was originally designed as an enhanced version of the cryptocurrency and offers advanced features for e-commerce such as ownership of the product, financial contracts, etc. The Elementh protocol does not directly support any of the applications, but the presence of The Turing Full Programming language means that theoretically any contracts are created for each type of transaction and application. Even more interesting is that Elementh’s protocol went much further than the usual cryptocurrency. The Protocol, which can be used to create decentralized marketplaces, identify counterfeit products and much more, has enormous potential
Official Links for More Details
Website link- https://elementh.io/
Telegram group link- https://t.me/elementh_community
Twitter link- https://twitter.com/Ahooleeman









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