As a blockchain practitioner, most people should have heard the term “distributed commerce”. Especially with the promotion and support of the country, the exploration of replacing traditional business models and e-commerce models with distributed business models is endless. But where is the advanced nature of the distributed business model? Allow me to tell you in the following.
I. Disadvantages of traditional business models
The development of traditional commerce has taken nearly a century, and the format has also become very rich. There are professional stores, department stores, supermarkets, convenience stores, and storage stores. But the traditional store retail model has many disadvantages and shortcomings:
1. Excessive sales levels
In the traditional business model, manufacturers are not facing consumers, but dealers and retailers. Producers cannot obtain demand and suggestions from consumers in the first place, and there is a certain lag.
2. The disadvantages of commercial costs
From manufacturers to middlemen to retailers to consumers, it takes a long time and expensive transportation costs, resulting in a lot of human, material and financial waste.
3. Cannot meet the needs of modern society
With the enhancement of people's concept of time, more and more people are unwilling to choose the traditional business model that spends a lot of time and energy and may not be able to buy satisfactory products.
4, high commodity prices
The traditional business model has transportation and warehousing costs, and multi-tier distributors share profits, and these costs will be transferred to consumers. Lead to high commodity prices.
Disadvantages of the e-commerce model
With the advancement of science and technology, the rapid development of the Internet, the second revolution in the field of commercial sales, the e-commerce model has gradually taken shape, the e-commerce model has greatly reduced the threshold for opening stores, reduced the pressure on inventory storage, facilitated people's shopping, and changed The way people think about shopping. But as the e-commerce model matures, it is accompanied by a variety of issues:
1. Privacy issues
The traditional e-commerce approach is to build an intermediary platform by itself, and then focus merchants and consumers on this platform. Therefore, whether it is a merchant or a consumer, all transaction data is held by the platform and lacks privacy.
2. High marketing costs
In the e-commerce model, if a product is to be seen by customers, it must be in the keyword search results. It can be said that the e-commerce model is the traffic. Businesses have to do everything possible to promote their products, spending a lot of cost on promotion.
3. The process is opaque
The e-commerce platform has numerous promotion items, such as window display booths, through trains and the like. These promotions require merchants to pay a lot of promotion costs. However, the process is not transparent. The invisible process can only see the results, and there is a possibility of cheating.
In summary, no matter the traditional business or e-commerce model, in the actual implementation, it will face the defect that the current technical means cannot be improved. Because of this, many explorers have gradually focused on distributed commerce in order to solve the problem. With the continuous development of blockchain technology, the current distributed commerce is about to be able to help small and medium-sized enterprises to achieve complementary value and advantages and quickly carry out peer-to-peer collaboration. In addition, distributed commerce can be used as a key technology key to realize the ultimate business ideal of antitrust.
So what are the characteristics of distributed commerce?
1. Data transparency
The distributed business model built on the blockchain has traceability.Every transaction between merchants and consumers, between merchants and merchants can be traced, and transaction data can be transparent and fair Open business values.
2. Cost reduction
Compared with the traditional e-commerce model, distributed commerce does not need to pay a large amount of promotional traffic fees to increase the exposure of its own stores and reduce business costs.
3. Lower threshold
Relying on the blockchain technology, distributed commerce combines factories and dealers into one, reducing the sales level and eliminating the need for merchants to pay high platform usage fees.
4. Trust Enhancement
All data and records of the traditional e-commerce model are owned by the platform. In a distributed business model, all data and transaction records cannot be tampered with once they are on-chain, and all data is transparent and traceable, which greatly improves trust.
Barkis network is undoubtedly the brightest among all distributed business exploration projects in the industry.
Barkis Network is a type of distributed business application value network based on blockchain technology. To help the development of distributed business models:
Cross-network value transfer
Provide settlement channels between different network digital assets, support cross-chain asset transfers and payments, and achieve low-tech thresholds and low-cost value transfers under various scenarios and conditions in different networks and ecosystems Apply Barkis Network's cross-network value transfer to facilitate the fast and easy implementation of various financial functions such as cash withdrawal and payment.
Provide technical support for the decentralized distributed business model, so that factories, merchants, and consumers are no longer limited to a centralized network system, making business behavior more flexible, more secure, and significantly reducing costs.
Provides point-to-point payment and settlement methods for distributed businesses, supports multiple types of sharing economic systems, is more open and transparent in the distribution of economic benefits, and guarantees the interests of each participant in the sharing economy.
Cross-border supply chain
The decentralized network will provide an immutable data system for the cross-border supply chain. From the aspects of traceability, corporate credit data, financial ratings, and user cross-marketing, it will create technical conditions for financial and supply chain application innovation
Distributed commerce is on the eve of the upcoming outbreak. Barkis Network assumes the role of a basic technology platform and is committed to building a technology platform serving distributed commerce and providing technical support and services to all members participating in distributed commerce. It can be said that the efforts of the Barkis Network public chain are promoting the development of distributed commerce in society.
Since the first scientific and technological revolution in the history of mankind, the innovation and development of scientific research technology have been accelerated for the second time. Today, the forward-looking exploration of science and technology has exceeded any stage of history. Let us look forward to the new look of the new distributed business model in the future.