About the new generation of e-commerce

Ikiraro
3 min readMay 23, 2021

With the emergence of Blockchain technology, it was a matter of time to integrate it into the e-commerce structure. We realized that, that’s why we devised Ikiraro, a marketplace B2C and P2P that serves as a bridge between sellers, small or big companies with buyers or small business owners of all the
world

Today’s marketplaces have two things in common, high commissions and the requirement to have a bank account to register as a seller.

We come to improve these aspects.

With the decentralization of cryptocurrencies it is not necessary to have a bank account to register as a seller, this allows anyone to offer their products to all the world, and maybe start their own business. The efficiency of cryptocurrency transactions also allows commissions to be minimal, 5% and can be discounted to only 1.25% for holding IKR token, the native token of our platform.

In order for the transactions to be safe for both parties, the payments will be processed using Escrow technology. Before starting an operation, the buyer and seller can agree in which currency the operation will be carried out, the main stablecoins and cryptocurrencies will be the available options. They can also agree on the number of days for the buyer to test the product before the payment is automatically released.

All these agreements will be made through private chat, this will be another main tool of our platform. It is in this chat where buyers and sellers can discuss all the details of the operation. The chat also serve for sellers to upload the shipping tracking number if necessary, and thus the status of each operation is followed in real time by our team. The tracking number is what will allow payments to be released in the event that the buyer forgets to release the payment after the agreed days.

In case of inconveniences in the operation and with respect to the release of payments, any of the parties can request the intervention of one of our agents, in that case the payment will continue in the deposit until the problem is resolved. All this process will be carried out within the chat of the operation, where both parties can upload the necessary proofs that support the reason for their request.

To withdraw or deposit balance it is possible to choose between different methods, all without commissions, only the corresponding commissions of the selected provider’s network will be applied. If necessary, the change to fiat money is made within our platform

  • Direct transfer: from crypto wallets.
  • Virtual wallets: ADVcash, Skrill, Neteller.
  • Bank Transfer: European Banks
  • P2P exchange: national transfers, other virtual wallets, cash in person.

Each user can also choose to leave the balance in our platform, here it can be exchanged for other cryptocurrencies and for the IKR token which is useful to access different benefits, some of them are the participation and qualification of new projects, obtain coupons of discounts for future purchases, or access discounts on sales commissions.

The tools for the evolution of marketplaces already exist, it only remains to use them. This will be our contribution to that evolution.

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Ikiraro
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The new International B2C/P2P Marketplace