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BitBoost Changing E-commerce by nicholas83

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BitBoost Changing E-commerce
https://steemitimages.com/DQmcSTQjvTdcro2pwELmFi7SWW8cBYZkQcjiWfje7VocdZP/bitboost_full_horizontal_2k.png

# <h1>The hurdles
**As a business person, we have been in the position where we have had to contend with the barriers to entry in an already established field. Barriers like cost of doing business, and getting noticed in a sometimes-crowded market-place are some of the hurdles many business people find hard to get over.**

On the other hand, as a consumer, if you have bought anything online you know how annoying it is (after the fact) to be bombarded with ads and with being spammed at every turn. Add the extra fees one has to pay to the middlemen, means the consumer is paying more than s/he should.

https://steemitimages.com/DQmXCLQY4fbF3CGgov2uZVyykKusjDe23KwfyNYhx7xV4k1/bitboost_screenshot.jpg

There are many other problems that both seller and buyer face when transacting business online. At the end of the day, both parties want one thing. That is to transact business in as hassle-free a manner as possible.

https://steemitimages.com/DQmezPj1mrBdsgAvx92BY4cK45tbBSrYzxpnjrFcovRhNoy/bitboost3.jpg

# <h1>The BigBoost Solution
This is where BitBoost comes in. As a decentralized platform, this technology brings the buyer and the consumer directly together via the block chain by getting rid of many of the barriers that lay between them and doing business. By doing this, BitBoost makes it easier for small businesses to establish an online presence by circumventing the traditional marketplaces that charge high fees to their customers. In fact: 

*“Due to its unique architecture, The Block is able to reduce our fees to 1 USD… The Block doesn’t charge a fee to purchase items. Even image hosting is free, and The Block takes no percentage from your final sale price.”*


# <h1>These are the Core Features
https://steemitimages.com/DQmUeJ4bEVrh4nd7DzJ1rXBVfYWTd7Nw5i9JWkR6pjkwwFC/bitboost2.jpg

# <h1>These are the Live Version Release Features
https://steemitimages.com/DQma3FnmLZeLdU5UiVuNP6TExdHX9hLzL4ZoNMB2UYHT8DJ/bitboost4.jpg

These lower fees mean that more currency will circulate in the market. This top-heavy approach that obtains in the business world now, where a few have so much, and so many have so much will be severely undermined by BitBoost’s decentralized approach. 

## <h2>Moreover, being built on the Ethereum platform means that it is more efficient because of:


1)	The elimination of the centralized authority. For example, in the e-commerce world payment can be a problem. Banks charge high fees. And transactions can take a long time to execute.

2)	Transactions cannot be censored hence there is transparency, something that is severly lacking in today’s market place.

3)	The elimination of the third party means no one has to rely on trust for the system to work. The technology does this. As it is now, it has proven itself to be fool proof.

4)	The block runs perpetually, hence there is no need for constant monitoring seeing that BitBoost runs on thousands of computers all over the world.

5)	The above point speaks to the benefits regarding the eliminating the third-party. Why? Because except for the seller. No one is storing data. Hence privacy, “freedom and stability. 

6)	There is therefore no need to use ad blockers. 

In concluding. BitBoost puts more power in the hands of the consumer and the business person, especially the small business person by getting rid of the middlemen through the technology they have built on the block chain. No longer will consumers be fleeced by high transaction fees and things of the sort. No longer will there be a trust deficit because the blockchain technology will be the final arbiter. This practical approach by BitBoost means block chain will continue to migrate from the real of the abstract and be brought to a place where it has practical value.

# <h1>Roadmap
https://steemitimages.com/DQmR7tLbfzmLLUTqR1fM8N76ac3cyaJkVAPsLkVinAg5GyF/bitboost5.jpg

# <h1>Below is Short Animated Film that provides a great summary of BitBoost 

<iframe width="555" height="315" src="https://www.youtube.com/embed/D3DUWUAeD4M" frameborder="0" gesture="media" allowfullscreen></iframe>


# <h1>You can learn more on their Web site I copied below:
<p>https://steemit.com/cryptocurrency/@originalworks/150-sbd-sponsored-writing-contest-bitboost-bbt</p>

bitboost2017
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