New partnership between QuarkChain and Vera e-commerce project
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Answer New partnership between QuarkChain and Vera e-commerce project
The QuarkChain project – a blockchain with a secure, decentralized and efficient infrastructure – has announced a new strategic partnership with Vera, an open protocol that enables peer-to-peer trading of physical assets.
Aims Partnership Held between the two parties to create a more efficient, scalable and decentralized platform.
Vera provides the infrastructure for anyone to build retail P2P applications.
The Quarkchain team will provide DLT solutions to Vera.
The BOSON product developed exclusively by QuarkChain is compatible and enables each layer to have different consensus algorithms, ledger models, transaction models and token economies.
Depending on the common transactions, all the assets on the blocks can be interoperable.
Vera and QuarkChain will also collaborate in depth in the technical research and exploration of applications.
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QuarkChain project management will leverage sharing technology to enable Vera to achieve a transparent, decentralized business platform.
At the same time, Vera will leverage its P2P expertise in the commercial ecosystem to provide QuarkChain with promising examples of its applications.
Vera is building a fully supported P2P commerce ecosystem that allows consumers to purchase products from any direct sales channel without intermediaries.
With no intermediaries fees, companies can guarantee exceptionally competitive rates.
By utilizing NFC’s smart tag technology, sellers and brands can ensure consumers are authentic, attractive, informative and relevant products anywhere, from the retail shelf to the consumer’s home.
The current e-commerce market has a lot of efficiency and credibility risks, as channels and intermediaries gain value by taking the risk.
Reaching merchants and consumers efficiently and providing original products remains one of the most essential businesses of e-commerce today.
The high credibility of the blockchain attempts to ensure efficiency and credibility and eliminates intermediary costs which will benefit buyers and sellers alike and is a key element in driving the partnership between QuarkChain and Vera.
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