Storiqa to Let Anyone Build an Online Marketplace Using Blockchain

The way we shop online is going to change by leaps and bounds in the years to come. As the Internet is becoming more widespread, the number of online shoppers and businesses is on the rise.

Whether it be self-employed entrepreneurs, small-scale manufacturers or family businesses - they either already have an online store or want one in order to serve more customers and increase revenues.

Just like many other industries, Blockchain technology will disrupt the e-commerce field. In order to keep up with change, both consumers and businesses will look for effective ways to buy and sell goods.

Storiqa helps businesses streamline their sales processes for the new digital economy by using smart contracts and enabling payments in various cryptocurrencies.

How is it different?

Setting up an online shop is easier said than done. It requires a lot of effort, time and money to put together a team and develop a website from scratch.

While there are plenty of e-marketplace constructor solutions with a ready-to-use interface and cutting edge e-commerce technology, they either require you to have a basic understanding of programming languages, or constant support from them.

There are only a few e-marketplace constructor solutions which offer their clients a full and comprehensive combination of e-commerce services – such as smart contracts, cryptocurrency payments, integration with third-party services and 24/7 support – all at once.

Storiqa’s platform is designed to allow anyone to create an online store of their own in just 10 minutes, and also make good use of the most advanced technologies in the e-commerce industry.

Since Storiqa’s marketplace is translated into six languages, business owners have a unique opportunity to increase their user base by tapping into foreign markets. It also features a selection of tools for direct customer feedback, bookkeeping and sales analysis, as well as advertising and promotion - on top of a convenient and user-friendly interface.

What problems does it solve?

Payments

Currently, payments is one of the biggest problems in this industry because of low transparency, involvement of intermediaries and high fees. It is a hassle for both buyers and sellers.

Storiqa’s platform processes payments directly, without the involvement of middlemen, using any currency of your choice set against the cryptocurrency price determined by the seller. Furthermore, integrated smart contracts make transactions extremely fast and secure.

The smart contract ensures that the money goes to the seller when and only when the buyer confirms the delivery. So, the buyer makes the payment once their order arrives, which makes it convenient for both parties and increases trustworthiness.

Customer analysis tools

Storiqa allows businesses to track customers’ activity in a simple and elegant way. It offers the required mechanisms to constantly gather, analyze and process customer data.

Customer feedback

Storiqa offers an integrated telephony service that allows the store owners to receive feedback calls from their clients with next to no setup needed. Owners can also save and playback recorded calls, and monitor the performance of their call managers. This makes it easy to gather feedback quickly, and implement changes to increase sales.

Marketing tools

Storiqa helps its clients get new customers through integration with the largest partner networks, and by offering a wide variety of tools to track a customer’s experience in order to make every store client-oriented.

To top it off, Storiqa’s legal team is operating out of Switzerland and conforms to the laws of there. It also enjoys the benefits of the friendly legal conditions provided in the country.

Storiqa token sale

Anyone can participate in the token sale and buy STQ tokens. Purchasing the tokens during the early stages of the ICO will make you eligible for more profits and bonuses at the end of the campaign.

The fixed cost of a single STQ token is 0.00001 ETH. You can easily make the purchase by transferring ETH into Storiqa’s designated smart contract address. For some reason, tokens can’t be purchased from the US.

The ICO’s date and time is yet to be decided.

For more information on their bonus system and distribution algorithm, please visit https://ico.storiqa.com/ and read the white paper.

Written by Anupam Varshney