Connect is peer-to- peer decentralised blockchain based cryptocurrency that integrates popular feature of e-commerce marketplacefor B2B and B2C connections across the world. The platform is designed to minimize the friction between shopper, retailer and customer, while allowing any type of market experience to flourish. Through connect purchases (transactions of funds) are instant and guaranteed, using inbuilt escrow functionality to protect all parties from theft through scamming, phishing and other common hacks experienced in traditional eCommerce platforms.
- Connect is a project which develop people inspired by the prospects of development of blockchain technologies and understand real business problems in e-commerce. The Connect is one such new offering in the market. It is one-half of the Connect cryptocurrency and provides access to the Connect Ecosystem. The Connect can be exchanged into all accepted cryptocurrencies and fiat currencies within the ecosystem. The Connect Ecosystem offers services such as: stock exchange trading, cr yptoni sation ( securiti sation) of equity, equity trading & management, cryptocurrency exchanges, crypto-fiat currency exchanges, e-commerce, inter-business transactions, and commodity trading & management. The Connect Ecosystem endeavours to make the use of cryptocurrencies legally available for both individuals and institutions, thus paving the way for them to enter the crypto-data market. The use of fiat currency in the ecosystem is achieved by exchanging fiat currencies against Connect Currencies. The Connect Currencies are the other half of the Connect cryptocurrency. The value of the Connect Currencies is tied to the value of the denominated fiat currencies. Within the Connect Ecosystem, assets are valued and denominated in Connect Currencies. ConnectCoin are digital mediums of exchange that utilise cryptography and shared public ledgers (blockchain). These characteristics allow ConnectCooins to be secure, traceable and anonymous. Cryptography and blockchain are also the foundations for the creation, mining, and harvesting of ConnectCoins. ConnectCoin are decentralised in nature, meaning that there's no central point of concentration, therefore increasing their desirability for security-conscious users. This also eliminates the middleman, thereby reducing transaction costs.