E-commerce or electronic commerce ever since its inception has been seen to evolve with the speed of light and so organisation who are majority e-commerce based are expected to keep up with latest trends that will give their online trading the much desired edge over competitors; even though the concept of online shopping has been around for decades technological enhancements has made it much more better and a notable example of this technology is the blockchain. Blockchain has been all out to revolutionalize the e-commerce industry using unparalleled potential to eradicate middlemen, simplify operations, and reduce all complexities; however time and occurrence within the e-commerce and blockchain system have shown that is an increasing demand for an effective and all encompassing cryptocurrency payment processors, although efforts have been made by third parties to develop applications that can abruptly bridge the gap of ineffectiveness and the inability of most merchants to ably accept crypto payments online and this problem has been seen to caused by gross the gross lack of dedicated crypto- e-commerce infrastructure.
BACKGROUND OF CHIMPION
The invention “chimpion’’ came as an offshoot of the word “champion” it is develop with sole aim of having superior coins and also encouraging the wholistic adoption of crypto currency in the e-commerce sector, also it huge presence in different cultural societies most especially in the Chinese and Indian society is profound and because of the significant histories of monkeys in the above name cultures the chimpanzee was selected as the right mascot to represent chimpion, because histories overtime have shown that chimpanzee’s have very high intellectual quotient that surpasses that of humans, it's empathy, altruism and self awareness features are also very endearing this features describes exactly what chimpion is because chimpion strives to enhance the way and manner humans exchange value.
ABOUT CHIMPION PROPER
Blockchain in its usual culture of evolution and improvements have developed chimpion as an all in one blockchain based system capable of executing seamlessly point of sale, crypto to fiat settlement system and digital wallet. With chimpion merchants can now launch full scale e-commerce storefronts and also at the same time accept crypto currency payments in exchange, it also gives them the chance to actually set the coin of their desired coin as base currency denomination. Chimpion is breaking barriers by giving businesses a very easy connection to the entire world of digital commerce where merchants can seamlessly carry out the uploading of .products and at the same time have their listing displayed with cryptocurrency as the base operating currency, the hitherto challenge of non-availability of real time updates of exchange rate will be abated using an application programming interface (API) with this users will understand how better and how best to invest. Chimpion takes into cognisance the myriads of trade wars that have created devastating and unpredictable inflation and floating interest rates for merchants majorly with international supply chains so chimpion will creates stability of rates and minimization of price by giving merchants the opportunity to operate an effective flexible income stream whether it is in fiat or crypto. Chimpion even appears to work also with fiat still has much preference and endearment towards cryptocurrencies and the reason for this is not far-fetched is meant to give business opportunity to sell with cryptocurrencies so as to reduce that attendant high fees and long delays that normally before now affects traditional e-commerce. So far since its inception it has gained traction due its acceptance by clients/users like the payomat, shopping cart elite, mooncatcher and Gemini and it is very much poised to doing more in terms of revolutionizing e-commerce. Chimpion churns out a dynamic dual token that is designed as an incentive to all its onboard members, also its banana token (BNANA) is very a reward layer of the chimpion ecosystem as it is earned from the purchases from chimpion merchants using chimp or any other fiat currency.
CONCLUSION
Chimpion is on mission to savage the fortunes of the e-commerce and blockchain market it is poised towards empowering merchants to actually accept e-commerce via digital currency. It provides highly effective and secured payment system for merchants.
More Information About Chimpion Visit The Following
Website: https://www.chimpion.io/
Whitepaper: https://www.chimpion.io/whitepaper/
Telegram: https://t.me/chimpionio/
Facebook: https://www.facebook.com/Chimpionio/
Twitter: https://twitter.com/chimpionio
Bounty0x username: jmoss
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