Vanig.io - The World's first integrated E-Commerce and Supply Chain Ecosystem powered by Blockchain

fvafhae (28)in #vanig • 6 years ago

Hi everyone, who read my steemit blog. Today I want to start a cycle of 2-3 articles about an interesting project - Vanig.io In this part I want to underline benefits for consumers and sellers.
Enjoy reading!

What is Vanig?

Vanig is an e-commerce startup powered by the blockchain. Its aim is to create a platform that changes the way e-commerce works. From manufacturer to consumers, the team can apply the power of the blockchain to make shopping an amazing experience for everyone involved. It is a known fact that Supply Chain has not evolved fast enough in today’s E-Commerce age. Vanig aims to solve that.

Problems Vanig tries to solve

Lack of full visibility for an end-to-end customer journey
Replenish inventory challenges
Operating in a global ecosystem
Authenticity and reviews

Vanig's Solution

To solve outlined problems Vanig is going to use blockchain.
The Vanig ecosystem is robust, scalable, permission-based decentralized blockchain.

How it is going to work?

This illustration below shows how different participants in the Vanig Ecosystem interact with each other using Smart Contracts.

Consumer places an order using the Vanig Website or Vanig Mobile App.
Smart contract #1 gets written automatically and captures the details of the order between the consumer and Vanig and is stored in Vanig’s blockchain ecosystem.
Manufacturer/retailer ships the product from their location which triggers another Smart contract #2 between the manufacturer and its distribution agent.
Distribution agent picks up the order from the manufacturer and delivers it to the consumer.
Delivery acknowledgement from the Consumer will trigger another Smart contract #3 between the distribution agent and the consumer.
Finally, Smart contract #4 is created to capture the transaction ledger between the wholesaler and the manufacturer.